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.
