Metropolitan Stock Exchange of India (MSEI) Limited Unlisted Shares|Latest Share Price & Updates
Company Overview
Metropolitan Stock Exchange (MSE) offers an electronic, transparent and hi tech platform for trading in capital market, F&O, CD, IRF and Debt Market segments. The clearing and settlement of trades are conducted through its clearing subsidiary, Metropolitan Clearing Corporation of India Ltd.
The shareholding of MSE includes public and private sector banks, Exchange, Financial Institutions and private investors. Some of these shareholders are SBI, Union Bank of India, Canara Bank, PNB, BOI, Bank of Baroda, HDFC Bank, Axis Bank, MCX, IL&FS, IFCI, & Mr Radhakishan S Damani, Mr Siddhartha Balachandran, Mr Nemish Shah.
Metropolitan Stock Exchange is one of India’s nine stock exchanges recognized by the SEBI and notified as a “recognized stock exchange” by the Ministry of Corporate Affairs, Govt. of India, on December 21, 2012.
MSE commenced operations in the Currency Derivatives (CD) Segment on October 7, 2008, and launched Capital Market Segment, Futures & Options Segment and flagship index ‘SX40’ on February 9, 2013, trading commenced on February 11, 2013.
Its flagship index, SX40 is a free-float based index consisting of 40 large-cap liquid stocks, representing diverse sectors of the economy. Trading in the index derivatives began on May 15, 2013. The Debt Market Segment of MSE, was launched on June 7, 2013, and trading commenced on June 10, 2013. The Exchange started live trading in cash-settled Interest Rate Futures (IRF), on 10-year Government of India security, in its CD Segment from January 20, 2014.
Registered Office
The registered office off the company is located at Vibgyor Towers, 4th Floor, ‘G’ Block, C62, Bandra Kurla Complex, Bandra (East), Mumbai- 400098
Board of Directors
Mr. S.V.D. Nageswara Rao – Chairman and Public Interest Director
Ms. Latika S. Kundu – Managing Director & CEO
Mr. Ajai Kumar – Public Interest Director
Mr. Raghunathan Srinivasa – Shareholder Director
Ms. Trishna Guha – Public Interest Director
| Symbol: | Metropolitan Stock Exchange of India Ltd. |
|---|---|
| Face Value (₹): | 1 |
| ISIN: | INE312K01010 |
| Demat Status: | NSDL & CDSL |
| Lot Size: | 10,000 Shares |
Board of Directors:
| Name | Designation | Profile |
|---|---|---|
| Dinesh Kumar Mehrotra | Chairman, Public Interest Director |  |
| Ajai Kumar | Public Interest Director |  |
| Trishna Guha | Public Interest Director | |
| S.V.D. Nageswara Rao | Public Interest Director | |
| Vijay Sardana | Public Interest Director | |
| Latika S. Kundu | Managing Director & CEO | |
Key Highlights
Ratio
| Ratio | FY22 | FY21 |
|---|---|---|
| Operating Margin | -122% | -92% |
| Net Profit Margin | -126% | -96% |
| Return on Equity | -12% | -11% |
| Debt-Equity | 0.02 | 0.03 |
| Current Ratio | 6.28 | 6.31 |
| Dividend Payout | 0% | 0% |
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Financial Highlights
| Particulars | 2021-22 | 2020-21 | 2019-20 | 2018-19 | 2017-18 |
|---|---|---|---|---|---|
| Total Income (₹ Crores) | 25.06 | 32.45 | 37.01 | 35.20 | 28.28 |
| PAT (₹ Crores) | -31.67 | -31.08 | -45.77 | -40.59 | -54.75 |
| Diluted EPS | -0.06 | -0.06 | -0.10 | -0.08 | -0.15 |
| Book Value per Share (₹) | 0.54 | 0.61 | 0.67 | 0.77 | 0.85 |
| Equity (₹ Crores) | 260.68 | 291.75 | 322.45 | 371.16 | 406.81 |
Peer Comparison
| Company | Market Cap (₹ Crores) | Profitability Margin (%) | ROCE (%) | ROE (%) | D/E Ratio | P/E Ratio | P/B Ratio | Book Value per Share (₹) |
|---|---|---|---|---|---|---|---|---|
| Metropolitan Stock Exchange (MSE) | 577 | -126% | -8% | -12% | 0.02 | -17.14 | 2.21 | 0.54 |
| Bombay Stock Exchange (BSE) | 7685 | 24% | 8% | 10% | 0.00 | 51.00 | 4.81 | 206.26 |
Media Updates
MSEI GETS SEBI APPROVAL TO LAUNCH WEEKLY INTEREST RATE FUTURES:
MSEI is the first exchange in India to get approval for launching weekly interest rate futures and also future contracts on currency pairs such as USD-INR, EURO-INR, JPY-INR, etc. Thus now IRFs will have weekly convergences which shall create a new highly profitable business avenue for market players.
Frequently Asked Questions
The buying and selling of unlisted shares and pre-IPO shares is fully legal and valid.Â
The procedure to buy the Metropolitan Stock 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.Â
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.Â
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. Â
The Metropolitan Stock 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 Metropolitan Stock Exchange Ltd unlisted shares, please visit the stock page on our website: www.delistedstocks.inÂ
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.Â
Before IPO, there is no restriction on sale and transfer of your Metropolitan Stock Exchange unlisted shares.Â
But once the shares are listed on the stock exchange, for retail investors, there is a minimum lock-in period 6 months after listing on the stock exchange. Â
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.Â
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.Â
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, 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.Â
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.Â
Yes, NRI’s can also buy and sell Metropolitan Stock Exchange unlisted shares just like domestic investors. But their investment is on a non-repatriable basis.Â
