ICEX Unlisted Share Price: A New Gateway for Smart Commodity Investors 

India’s appetite for major commodities like oil, coal, gas, copper, aluminum, and steel is rising steadily, and it’s expected to keep growing. According to forecasts by ANZ (Australia and New Zealand Banking Group), the country’s overall demand for these key commodities could increase by over 5% annually by 2030. 

At the same time, the global commodities market is projected to grow at a CAGR of 1.11% between 2023 and 2028, reaching an estimated value of USD 1,039 billion by 2028. In this fast-evolving landscape, platforms like the Indian Commodity Exchange (ICEX) have started gaining more attention, especially in the unlisted share market. 

If you're trying to understand the ICEX unlisted share price or want to explore how to buy or sell these shares online in India, this blog explains it all for you. You’ll get a quick overview of what ICEX is, today’s ICEX unlisted share price, insights into its financial performance, and reasons why people are exploring its unlisted shares. We’ll also walk you through how to buy and sell ICEX unlisted shares step-by-step, and the risks involved, so you stay well-informed.

Let’s begin with the basics!

Overview 

• ICEX (Indian Commodity Exchange) is a SEBI-regulated online platform known for unique contracts like diamond and steel futures.

• The unlisted shares of ICEX are currently marked as “Coming Soon” with a face value of ₹5.00.

• As per FY 2024, ICEX reported low revenue and moderate PAT, with a market cap of ₹304.10 crore.

• You can buy or sell ICEX unlisted shares online through platforms like Precize using a demat account.

What is ICEX (Indian Commodity Exchange)?

ICEX (Indian Commodity Exchange Limited) is a SEBI-regulated online commodity exchange based in Mumbai. It gives you a platform to trade a wide range of commodity products, both agricultural and non-agricultural, across India. 

• ICEX is especially known for introducing the world’s first diamond futures contract, along with contracts for steel and paddy basmati rice.

• The exchange began operations in 2017 and later merged with the National Multi-Commodity Exchange of India (NMCE) in 2018.

• Its trading system uses advanced technology to ensure smooth, transparent, and fully regulated transactions between buyers and sellers.

• ICEX offers contracts for several commodities such as spices, oilseeds, rubber, fibers, jute, and metals. Some of its major shareholders include MMTC, Punjab National Bank (PNB), KRIBHCO, and Indiabulls Housing.

• The main purpose of ICEX is to support price discovery, hedging, and risk management for commodity traders.

Now that you have a basic understanding of ICEX and its role in the commodity market, let’s take a look at its current unlisted share status.

ICEX Unlisted Share Price Today

The unlisted shares of Indian Commodity Exchange (ICEX) are currently not available for trading in the unlisted market. As of now, the shares are marked as “Coming Soon”, which means there is no active buying or selling happening at this stage.

• The face value of each ICEX share is ₹5.00, but since the shares aren’t listed on any exchange or active in the grey market, there’s no live market price available. 

• Once the shares are made available, the price will depend on various factors like company performance, market demand, and financials.

• It’s always good to stay updated through secure platforms or brokers for any future announcements regarding ICEX unlisted share availability.

(Source: Financial Reports)

With the share price in mind, let’s explore how ICEX has performed over the last financial year.

Financial Performance of ICEX

As per the latest available data for FY 2024, ICEX has reported limited financial activity. The company’s market capitalization stands at approximately ₹304.10 crore. 

• Its Price-to-Earnings (PE) ratio is currently at 114.00, which reflects a higher valuation compared to its current earnings.

• The operating revenue for the year was only ₹0.01 crore, showing a sharp year-on-year decline of 97.53%. 

• Despite low revenue, the company posted a Profit After Tax (PAT) of ₹2.92 crore, with an Earnings Per Share (EPS) of ₹0.05.

• In terms of returns, the company recorded a negative Return on Equity (ROE) of -11.73% and a Return on Capital Employed (ROCE) of -10.08%.

(Source: Financial Reports)

Understanding its financial standing helps, but there’s more to consider when it comes to why investors look at ICEX unlisted shares.

Why Explore ICEX Unlisted Shares?

ICEX unlisted shares give you a chance to explore a different segment of the market, one that operates outside the regular stock exchanges like NSE or BSE. Since ICEX is a commodity exchange, owning its unlisted shares allows exposure to a niche area that’s not commonly available through listed stocks.

• One reason investors explore unlisted shares is the opportunity to access them before the company goes public. This early-stage entry may let you be part of the company’s journey from the ground level. 

• The price of ICEX unlisted shares is influenced by market demand, the company’s performance, and peer comparisons, which sometimes creates price advantages based on market movement.

• The good part is that you don’t need a special demat account to hold ICEX unlisted shares. Your existing demat account works just fine, no matter which broker you’re using. This makes the whole process simple and accessible.

• These shares also offer diversification, especially if you want exposure to commodity exchanges, a sector that isn’t commonly available in listed equity. 

• The shares usually come from existing shareholders like employees or early investors who want to sell their holdings, which creates availability in the market.

• Lastly, most platforms like Precize that offer ICEX unlisted shares regularly update prices, helping you stay informed and make decisions based on real-time market conditions.

Once you’ve decided to explore this market segment, the next step is understanding how to purchase these shares with ease.

How to Buy ICEX Unlisted Shares Online

If you're looking to explore ICEX unlisted shares, the good news is that the buying process is now fully online and quite straightforward. You don’t need to go through long paperwork or complex steps; just a verified demat account and access to a trusted private equity platform are enough. Here is how the process usually works:

1. Start by Choosing a Platform

Begin with a trusted platform that deals in unlisted shares, such as Precize or similar options. 

• These platforms give you access to private companies, including ICEX, with updated pricing and company details.

2. Create your Account and Verify your Details

Reserve access on the platform by entering your basic details. You’ll be asked to verify your email and complete your profile using documents like PAN card, bank account details, and demat account number (NSDL or CDSL).

3. Search for ICEX and Explore Details

Once your account is active, look up ICEX in the search bar. You’ll get information about its unlisted share price, financial overview, and company insights to help you understand what’s available.

4. Choose the Quantity and Make Payment

Decide how many shares you want to buy. 

• Keep in mind the platform may have a minimum order size, usually around ₹10,000. 

• Payments can be done easily through UPI or net banking.

5. Shares are Credited to Your Demat Account

After the order is processed, typically within 1–2 working days, the shares will be transferred to your linked demat account. Just make sure your demat details are entered correctly to avoid any issues.

After understanding how to buy ICEX unlisted shares, let's look at what happens when you want to sell them.

How to Sell ICEX Unlisted Shares Online

If you already hold ICEX unlisted shares and are planning to sell them, the process is simple and fully online. Most platforms that allow you to buy unlisted shares also support smooth resale through a few easy steps. Here is how you can go about it:

Step 1: Connect with the Platform

Reach out to the platform or broker where you purchased your ICEX unlisted shares, such as Precize. Log in to your account and go to the ‘Sell’ section.

Step 2: Request a Sale Quote

Submit a sell request by entering the number of shares you want to sell. The platform will show you the latest available market price or offer you a quote based on current demand.

Step 3: Transfer Shares from Your Demat

Once you agree to the price, you’ll be guided to initiate an off-market share transfer from your demat account to the platform’s escrow or buyer-linked demat. This usually involves filling in the DP (Depository Participant) details and confirming the transaction with your depository (NSDL or CDSL).

Step 4: Get a Buyer

After the transfer is completed, the platform will look for a matching buyer. This part is generally handled within 24–48 working hours, depending on market interest.

Step 5: Receive Payment in Your Bank Account

Once the buyer confirms and the shares are successfully transferred, the final amount, based on the agreed price, is deposited into your registered bank account.

Before making any decisions, it’s good to be aware of the challenges that come with unlisted shares like ICEX.

Risks of Exploring ICEX Unlisted Shares

Selling your ICEX unlisted shares is a simple online process that doesn’t take much time. 

• If you purchased your shares through a platform like Precize, you can begin the sale by initiating an off-market transfer. 

• This means you’ll need to move your shares from your demat account directly to Precize, following the transfer instructions they provide. 

• It’s a standard process handled through NSDL or CDSL, depending on your depository.

• Once the shares are successfully transferred, the platform takes over. They’ll start working on matching your shares with a potential buyer. 

• This usually happens within 24 to 48 business hours. After a buyer is found and everything is confirmed, the final sale amount, based on the current market price, is deposited into your registered bank account.

Conclusion

After understanding what ICEX is, its current unlisted share status, financial performance, and how to buy or sell these shares online, it’s clear that platforms play a big role in making the entire process smooth and secure. With unlisted shares, ease of access, verified transactions, and updated pricing are all important, and that’s where Precize stands out.

Precize helps facilitate transactions in top private growth companies, allowing you to seamlessly buy and sell unlisted and pre-IPO shares. It also offers private credit investment options, giving you a chance to explore global trade finance opportunities, ideal for investors looking to diversify beyond traditional markets.

Reserve your access on Precize today and start building a more diversified and balanced portfolio!

Frequently Asked Questions (FAQs)

1. What is a Delivery Instruction Slip (DIS)?

A Delivery Instruction Slip, or DIS, is a form, either physical or digital, that lets you transfer shares from your demat account to someone else’s. You can fill it out manually (offline) or use your broker’s online system to complete the transfer.

2. Can ICEX unlisted shares be sold before the company is listed?

Yes, it’s possible to sell ICEX unlisted shares even before the company goes public. However, you’ll need to find an interested buyer in the unlisted or private market who’s ready to purchase the shares.

3. How can I check the latest ICEX unlisted share price?

The current share price of ICEX is regularly updated by trusted platforms on their websites, Telegram channels, or unlisted share marketplaces. These sources also offer past price trends to help you track changes over time.

Disclaimer

The information provided in this blog is for general awareness only and should not be considered financial or investment advice. Prices of unlisted shares, including ICEX, may change daily based on market demand, availability, and other factors. Always use reliable platforms and consult with a certified financial advisor or legal expert before making any transaction in the unlisted market.