NCDEX shareholders approve Rs 770 crore preferential issue to fund equity, equity derivatives launch

NCDEX Raises Rs 770 Crore via Preferential Share Issue to Expand into Equity Markets.

Expert Analysis :

• Shareholder Approval: NCDEX received shareholder approval to issue 3.91 crore equity shares worth Rs 770 crore on a preferential basis at a face value of Rs 10 and a premium of Rs 187.34.

• Regulatory Nod: SEBI granted in-principle approval in July 2025 for NCDEX to launch equity and equity derivatives segments.

• Investor Participation: 61 investors, including institutional investors, financial partners, PE firms, and HNIs, subscribed to the issue.

• Fund Utilisation: Proceeds will fund technology infrastructure, connectivity, risk management, compliance, and market development.

• Strategic Expansion Statement: NCDEX aims to provide a credible, transparent, and competitive equities and derivatives platform, expanding participation and deepening India’s financial markets.

• Unlisted Market Performance: NCDEX shares have become a multibagger in the unlisted market, delivering 132% returns over one year and currently trading at Rs 488.