Indian Commodity Exchange Share price

Indian Commodity Exchange Limited Unlisted Shares |Latest Share Price & Updates

Buy

₹ 3.00

Sell

₹ 3.90

Highly Overvalued

Company Overview

Indian Commodity Exchange share price forms a pivotal element in the company’s journey. Indian Commodity Exchange Limited (ICEX) is a SEBI regulated, online commodity derivative exchange, which gives access to its trading platform across the country through its selected brokers. ICEX is a public company incorporated on 18 August 2008.

ICEX is the first exchange in India to embrace an international hi-tech system that guarantees automated as well as smooth switch-over from its Data Center (DC) to the Disaster Recovery (DR) website with no data loss in case of emergencies. The company has its headquarters located at Navi Mumbai, Maharashtra and its registered office at Surat, Gujrat.

The key shareholders of ICEX are Reliance Exchangenext ltd. (16.33%), Central Warehousing Corporation (11.05%), PMLA (9.04%), IndiaBulls Housing Finance ltd. ( 6.56%), MMTC ltd. (6%), India Potash Limited ( 5.02%), Bajaj  Holding and investment ltd. (4.77%), Reliance Corporation Advisory ltd. (3.24%), Asian Star Company Limited (3.14%).  

The various service offerings comprises 

ICEX offers futures trading in India’s all economically pertinent commodities. The ICEX has 14 different commodity derivatives available for trading on its platform. It can be classified right into 2 groups:

  1. Agriculture Products: It can be further classified into 6 categories that are:
  • Spices:  Black Pepper and Cardamom
  • Oil Seeds: Castor seed, Mustard seed and Soya bean oil
  • Plantation: Rubber
  • Fiber: Raw jute
  • Cereals: Paddy Basmati
  • Others: Guar seeds and  Isabgul Seeds

 2. Non Agriculture ProductsIt can be further classified into 2 categories that are:

  • Diamonds: ICEX is the first Exchange around the world to launch the Ruby Derivative contract. The Exchange after obtaining the approval from SEBI on 27th August 2019. ICEX aims to provide futures trading items in India’s all economically pertinent commodity. At present it offers futures agreement in Diamond.
  • Steel: The ICEX introduced Steel Long contract on August 28, 2018 precisely after the conclusion of one year of re-commencement of trading procedure.
  • Mutual Funds: On December 27, 2019 the Exchange launched ICEX MF Platform, a mutual fund platform to assist in deals in Mutual Funds.

Some of the major competitors of the ICEX  are  Multi Commodity Exchange (MCX), Universal Commodity Exchange (UCX), Shariah Index and  National Commodity and Derivative Exchange (NCDEX).

SymbolINDIAN COMMODITY OVERVIEW
Face Value (₹):5
ISIN:INE678L01012
Demat Status:NSDL/CDSL
Lot Size:1500

Board of Directors:

NameDestination
Mr.Suresh Babu KonakanchiDirector
Mr.Ranjit Kumar SamantarayWholetime Director
Mr.Sushilkumar AgrawalDirector

Key Business Highlights Helps to Determine Indian Commodity Exchange Share price

 

Ratio

RatioFY23FY22
Operating Margin-3181%-1037%
Net Profit Margin-3203%-1042%
Return on Equity -250%-26%
Debt-Equity00.01
Current Ratio3.182.05
Dividend Payout0%0%

Note:- Dividend payout = Total Dividend/Net Income.

It indicates, how much % of its Net Income, the company is paying out as dividend to its Shareholders.

Financial Highlights

Particulars2022-232021-222020-212019-202018-192017-18
Total Income (₹ Crores) 1.832.093.858.0712.3716.32
PAT (₹ Crores) -58.61-21.74-25.67-42.32-28.57-13.43
Basic & Diluted EPS -1.10-0.41-0.48-0.79-0.54-0.25
Book Value per Share (₹) 0.441.541.952.433.225.98
Equity (₹ Crores) 23.4282.35103.97129.53171.82200.34

Financial Charts

Historical Charts

Shareholding Pattern

Peer Comparison

CompanyMarket Cap (₹ Crores)Profitability Margin (%)ROCE (%)ROE (%)D/E RatioP/E RatioP/B RatioBook Value per Share (₹)
Indian Commodity Exchange Ltd261-3202%-94%-250%0.00-4.4511.140.44
Multi Commodity Exchange of India Ltd1067529.0 %13.2 %10.3 %0.0083.907.20290.00

Media Updates

Frequently Asked Questions 

The buying and selling of unlisted shares and pre-IPO shares is fully legal and valid. 

The procedure to buy the Indian Commodity Exchange unlisted shares is fairly simple. Once you have settled on the price and quantity of the transaction, you would have to transfer the funds into the bank account of the seller. 

When the funds are transferred and transaction details are shared with the seller, your demat account will be credited with the shares either on the same day of the fund transfer or before the end of the next working day. 

In the secondary market, the transactions related to unlisted shares take place with the existing owners of the shares who are generally the employees or existing investors in the company. The company itself is not directly involved.  

The Indian Commodity Exchange shares will get credited either the same day or before the end of the next working day when you transfer the funds into our bank account.

The minimum lot size varies on the basis of market conditions and demand and supply factors. To know the current lot size for Indian Commodity Exchange Ltd unlisted shares, please visit the stock page on our website: www.delistedstocks.in  

There are many factors which influence the pricing of unlisted shares. Apart from the supply and demand factors, the latest transactions happened on the same stock, last funding round of the company, and valuation level of companies of the similar size affect the pricing of the unlisted shares. 

Once the selling price and quantity of shares is agreed with us, we will provide you with an UTR number to transfer the shares. Once you have transferred the shares into our company’s demat account, funds will be released into your bank account within 24 hours or before the end of the next working day of the transfer of the shares. 

If your holding period is less than 2 years, then such income is treated as business income and liable to get taxed as per tax slab of the investor. 

If your holding period is more than 2 years, then your profits would be subject to long-term capital gains tax. The current short-term capital gain tax rate is 20% after indexation.

The trading in unlisted shares is governed by Securities & Contract (Regulation) Act,1992 which comes under the preview of SEBI.  The SEBI regulations become applicable when the stocks of the company get listed on the stock exchange. There is a minimum lock-in period of 6 months for pre-IPO investors. 

The major risk associated with investing in unlisted stocks is the liquidity risk. The possible exit route for investors is either to sell to another investor or wait till the company gets listed on the stock exchange. 

Yes, NRI’s can also buy and sell Indian Commodity Exchange unlisted shares just like domestic investors. But their investment is on a non-repatriable basis. 

 

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