Metropolitan Stock Exchange of India Limited (MSEI) is a full-service national level Stock Exchange with a license to operate in Equity, Equity Derivatives, Currency Derivatives, Debt, and SME Platform.
It has a live trading platform in all segments except SME. MSEIL has two subsidiaries: Metropolitan Clearing Corporation of India Limited (MCCIL) and MCX SX KYC Registration Agency Limited (MRAL) in which it holds 86.94 and 100 percent. MCCIL is in the business of clearing and settlement of deals in multi-asset classes carried out at MSEIL and MRAL is in the business of maintaining a database for members of the exchange and other under the Know Your Client (KYC) Guidelines.
Key Highlights
(i) The ownership of MSEIL is diversified between corporates, banks, and individuals.
(ii) The shareholding of MSEIL consists of Banks/Flls at 23.64% which includes leading public and private sector banks like State Bank of India, Bank of Baroda, Punjab National Bank, Axis Bank, HDFC Bank, etc.
(iii) Leading Corporates and institutions hold around 29.94% which includes Edelweiss Commodities Services Limited, IL&FS Financial Services Limited, Multi Commodity Exchange of India Limited, etc.
(iv) Individual Investors hold around 40.47% which includes leading investors like Mr. Rakesh Jhunjhunwala, Mr. Radhakishan Damani, Mr. Nemish Shah among others.
Recent Interaction with Management of MSEI
| Total Available Shares: | 1000000 |
| Face Value: | ₹ 1 Per Equity Share |
| ISIN: | INE312K01010 |
| Lot Size: | 10000 Shares |
| Current Unlisted Share Price: | ₹ Best in industry Per Equity Share |
| Retail Discount: | Bulk Deal (5%) |
| NAME | DESIGNATION |
| Latika Kundu |
MD |
| Prof. Ashima Goya | Chairperson & Public Interest Director |
| Mr. D. G. Patwardhan | Public Interest Director |
| Mr. D. K. Mehrotra | Public Interest Director |
| Mr. Ajai Kumar | Public Interest Director |
| Mr. Ketan Vikamsey | Public Interest Director |
| Sr.no | Name of the Shareholder | No.of Shares | %age |
| 1 | Multi Commodity Exchange of India | 33,17,77,008 | 6.90% |
| 2 | Siddharth Balachandran | 23,84,09,950 | 4.96% |
| 3 | RADHAKISHAN S Damani | 11,93,63,496 | 2.48% |
| 4 | TRUST INVESTMENT Advisors private Limited | 11,91,15,930 | 2.48% |
| 5 | IL AND FS FINANCIAL SERVICES LIMITED | 119,109,627 | 2.48% |
| 6 | UNION BANK OF India | 10,87,50,000 | 2.26% |
| 7 | STATE BANK OF India | 9,74,00,000 | 2.02% |
| 8 | NEMISH S SHAH | 9,73,70,000 | 2.02% |
| 9 | AADI FINANCIAL Advisors LLP | 9,73,50,000 | 2.02% |
| 10 | KUMAR CHIMANLAL MEHTA | 8,87,54,112 | 1.85% |
| Consolidated Financial Performance | ||||
| Particulars (Rs. In Lakhs) | 2015-16 | 2016-17 | 2017-18 | 2018-19 |
| Total Revenue | 3200.64 | 3638.37 | 2828.06 | 3520 |
| Profit/Loss Before Tax (PBT) | -4005.34 | -3258.25 | -5476.3 | -3845 |
| Profit/Loss After Tax (PAT) | -4005.34 | -3258.25 | -5474.85 | -4059 |
| Earnings per share (EPS) | -0.16 | -0.15 | -0.15 | -0.08 |
| Other Highlights | |
|
Particulars (Rs.In Cr) |
Year-2019 |
|
Equity Capital |
480.52 |
|
Net Worth |
371.07 |
|
Book Value Per Share |
0.77 |
|
Face Value (In Rs.) |
1 |
(v) Revenue break-up of MSEI on a Standalone basis. This bifurcation is being done to know, how the company is earning revenue from different products.
Financials of FY 2019-20 (figures in lakhs)
| Date | Revenue | EBITDA | OPM | PAT | NPM | Shares | F.V. | EPS |
| Quarter Ended | ||||||||
| 31-03-2019 | 961 | -403 | -42% | -785 | -82% | 48,052 | 1 | -0.02 |
| 31-12-2019 | 821 | -515 | -63% | -785 | -96% | 48,052 | 1 | -0.02 |
| 31-03-2020 | 848 | -653 | -77% | -798 | -94% | 48,052 | 1 | -0.02 |
| Year Ended | ||||||||
| 2019 | 3,520 | -2,396 | -68% | -4,059 | -115% | 48,052 | 1 | -0.08 |
| 2020 | 3,701 | -1,568 | -42% | -4,577 | -124% | 48,052 | 1 | -0.10 |
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Manoj thomas
I want more share
NIKHIL D VERNEKAR
Current price and lot size ?
I am willing to but in between 0.5-0.7
Market Wizard
Please check your email.
Market Wizard
Consolidated Financials of MSEI for Fy19-20.
https://dyvmwwyqozzzb.cloudfront.net/main/MSEI-Consolidated-Result-30.03.20.pdf
Devesh
Hi,
i would like to buy 20000 shares please can you me the current price ?
Market Wizard
Please check your email
Asoke Kumar Dutta
I have purchased 50,000 units. I have the following queries:-
1. Is these units can be seen at Demat Account?. If yes, how and where I can find the same?
2. If it is not available in Demat Account, how and where can I see my holding?
Market Wizard
You can check in your demat.
Asoke Kumar Dutta
Thanks for your response. I have checked Demat account but could not locate. Can you please suggest in which section of Demat account I can view? I am having Demat Account with ICICIDirect.
Market Wizard
Please follow the below-mentioned process.
1. First, check whether your Demat is NSDL or CDSL. Check the below video to identify the same.
https://youtu.be/cmcGFGM5m0M
2. Once you know the above, download the app of CDSL or NSDL, register yourself and check the share instantly.
Hope this clears your doubt.
Market Wizard
New MD has joined MSEI last month. She is the first woman chief of MSEI.
a) Ms. Kundu is a widely acknowledged industry expert in setting up, launching & managing Exchanges, Clearing Houses & Depositories across all asset classes & products. She brings with her over 20 years of professional experience across leading Global multi-asset Exchanges, Clearing Houses and Depositories – National Stock Exchange of India Ltd. (NSE), MCX-SX (now MSE), Singapore Mercantile Exchange (SMX), Singapore Diamond Investment Exchange (SDiX), SDiX Depository & Global Investment Banks – Lehman Brothers, Macquarie Singapore.
b) Ms. Kundu has been a member of the board for the Institute of Banking & Finance’s (IBF), Capital Markets and Financial Advisory Services Examination Board (CMFAS) Singapore, an Expert Committee Member of the Capital Market Committee of the Bombay Chambers of Commerce & Industry (BCCI).
https://www.msei.in/SX-Content/Press-Coverage/2020/March/PC-ENGLISH-17-MAR-2020-NAVBHARAT-LATIKA-KUNDU–FIRST-WOMAN-CHIEF-OF-MSE.pdf
prashant
Hi Sir
I bought 1 lac quantity in MSEI @2 on 5th May 2020.
How i can track whether the price was correct or not and i have not being differed from the low price to high price without my knowledge. Since i trusted the seller and book shares. Please suggest.
Market Wizard
Sir,
Sorry to say, you have bought shares a little bit on the higher side. The 1 lac quantity we could have arranged at Rs. 1.25 per share.
Gajendra
please share current shareholding pattern of MSEI because your site showing old data and tell me what is the tentative listing date…?
Market Wizard
Sir,
Shareholding data is published in the annual reports. The Annual Reports are generally published in the month of Sept-Oct. So, for FY19-20, shareholding data will be published on UnlistedZone when it is available.
As far as a listing is concerned, unless the company comes in profit, it can not come up with an IPO.
Saptarshi
Market Wizard sir,
What is the current price?
Market Wizard
Hi,
CMP is Rs. 1.20 per share.
Arka
What is the price and lot size?
Market Wizard
Currently, it is available at 1.25 per share and lot size is 5000.
Jitesh Jindal
Get in touch if u r interested to sell few lots
8010009625
Viral Khatri
I want to buy, what can i have to do?
Market Wizard
At present MSEI shares are available at Rs. 1.25 per share. For buying MSEI shares please find below the buying procedure.
This is procedure –
1. You confirm booking with me at a price.
2. You provide your client master report (ask broker if not available)
3. I will provide the bank details
4. You need to transfer funds in that account.
5. Payment has to be done in RTGS / NEFT / CHEQUE TRANSFER/ IMPS.No CASH DEPOSIT.
6. Payment has to be done from the same account in which shares are to be credited.
6. I will transfer the shares in 2-4 hours if funds are credited before 2pm
Disclaimer:
1. Please consult your advisor before buying any unlisted share.
2. Unlisted shares have a lock-in period of one year. It means you can’t sell them after one year of listing. (If XYZ Company gets listed on 28.11.2019, then investor can’t sell Pre-IPO shares before 28.11.2020. The pre-IPO shares get locked for one year. After, 28.11.2020, investor is free to sell their shares.)
Thank you
Dinesh Gupta
8010009625
Market Wizard
Good news for MSEI Shareholder:
https://unlistedzone.com/good-news-for-msei-shareholder-03-03-2020/
Rakesh Jain
What will b effect of this on share price
Yogesh Borade
Pls tell me metropolitan ipo targate price
Guru
I have 300000 nos to sell. pls contact at 8010009625
Raju
Interested….What’s your offer???? Kindly reply.
Guru
Wanted to sell Metropolitan Stock Exchange unlisted shares.
Quantity available – 3,00,000 Sh.
Please call on Mob No: 8010009625
seenivasan
Hi Sir,
What is the current value of MSEI stock
Market Wizard
Recent Management Interaction of MSEI and a lot of positives- 14.10.2019 .
https://www.msei.in/SX-Content/Press-Coverage/2019/September/PC-ENGLISH-19-SEP-2019-THE-FREE-PRESS-JOURNAL-INTRODUCTION-OF-INTEROPERABILITY-SPURTS-MSE-S-REVENUE.pdf
Market Wizard
Financial Performance of Subsidiary of MSEI in 2018-19.
https://dyvmwwyqozzzb.cloudfront.net/main/WhatsApp-Image-2019-08-30-at-10.32.58.jpeg
Market Wizard
1. Annual Results Update( FY18-19)
https://www.msei.in/SX-Content/common/Financial-Results—MCX-SX/Quarterly-Result/2019/May/Quarter-and-Year-ended-March-31–2019.pdf
2. Qtrs Results Update( FY19-20)
https://www.msei.in/SX-Content/common/Financial-Results—MCX-SX/Quarterly-Result/2019/August/Consolidated_Result_Ad_June_2019.pdf
Rakesh Jain
What is the market cap of BSE and msei
SANTOSH BHOJE
BSE 2000 cr
MSEI 400 CR
Rakesh Jain
Will msei merge in BSE and what would b swap ratio approximately
Market Wizard
Sir swap ratio depends upon the valuation of the two companies.
A company has Mcap of 1000 Cr
B Company has Mcap of 100 Cr
Now if A acquires company B then, Shareholders of B will get one share of A for every 10 shares of B as the valuation of A is 10x as compared to B.
So Swap Ratio ultimately depends upon the valuation of two companies at the time of the merger.
Rakesh Jain
What may b the swap ratio is this merger possible
Market Wizard
Which merger you are taking about sir??
Rakesh Jain
Merger of BSE and msei
Rakesh Jain
Will msei merge in BSE and what would b swap ratio approximately
Market Wizard
Postive News for MSEI Share holders: The SEBI is reducing the Net Worth Requirement of one of the Subsidiaries of i.e. MCCIL from 300 Cr to 100 Cr. So the saving of Rs. 200 Cr can be utilized for the turnaround of MSEI and we can see a lot of changes in the company operationally.
Market Wizard
On August 4, 2018 the company has offered to its eligible shareholders, on rights basis, 68,32,00,300 equity shares at a price of INR 2.00 aggregating to INR 136,64,00,600 in the ratio of 1 (one) equity share for every 7 (seven) equity shares (1:7) held as on the record date (i.e., August 03, 2018).
This issue opened on August 10, 2018, and closes on September 4, 2018.
The proceeds raised from the issue of Equity Shares shall be utilized to implement the business growth plan of the exchange and achieve breakeven.
Conclusion :
This clearly shows that the company is estimating that share price of MSEI shares worth more than Rs.2
Market Wizard
Subsidiaries of MCX as on 31.03.2018
(i) The Company has two subsidiaries i.e. Metropolitan Clearing Corporation of India Limited (MCCIL) and MCX-SX KYC Registration Agency Limited (MCX-SXKRA).
(ii) Metropolitan Clearing Corporation of India Limited (MCCIL) undertakes clearing and settlement of the trades transacted on the Exchange platforms. As on March 31, 2018, the operating income of MCCIL has decreased from Rs. 0.67 crore in the previous year to Rs. 0.23 crore in the current year. The profit after tax decreased from Rs. 1.64 crore in the previous year to Rs. 0.88 crore in the current year. Operational the l income has gone down because of reduction in clearing and settlement fees revenue. Decreased in Profit before tax was due to increase in Technology and other expenses.
(iii) MCX-SX KRA is a wholly owned subsidiary of the Company incorporated to undertake the business of KYC (Know Your Customer) Registration Agency Metropolitan Stock Exchange of India Limited and allied activities, subject to registration with SEBI under SEBI {KYC (Know Your Client) Registration Agency} Regulations, 2011. MCX-SX KRA is yet to commence its operations.
Market Wizard
MCCIL has executed an agreement with Indian Commodity Exchange Limited (ICEX) for offering clearing and settlement services to ICEX for trades done on their existing Commodities and derivatives segments. MCCIL is awaiting SEBI approval for the same.
Market Wizard
As per Annual Report 2018
(i) The Company is a full-service National level Stock Exchange with a license to operate in Equity, Equity Derivatives, Currency Derivatives, and Debt Platform. The Exchange has a live trading platform in all segments except SME. The Exchange also has a subsidiary Metropolitan Clearing Corporation of India Limited (MCCIL) for clearing and settlement of all trades on the Exchange.
(ii) The current owner of the Exchange is well diversified between corporates, banks, and individuals. The Exchange is required to seek annual renewal of recognition from SEBI which is next falling due in September 2018. The Exchange has already applied to SEBI for the same.
(iii) The overall business plan involves a 360-degree focus on business positioning, members’ engagement, branding, advertising, product development, and business process efficiencies.
(iv) The Company shall continue to optimize its cost structure while incurring necessary business expenses. Operating expenses such as clearing & settlement charges, rent, annual maintenance contract charges for technology platforms shall be further reduced.
Mukund
what is price of share and lot size ?
Market Wizard
Lot size is 5000 and price is 1.25 per share.
kaushal
I want to buy 10 lots. What would be ther price?
kaushal
If i get the right price, i am ok with increasing lots also !
Market Wizard
the best price is 1.20 per share.