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NCDEX files papers for Rs 500-crore IPO, third listing by an exchange

Build India Capital Advisors, Canara Bank, Indian Farmers Fertiliser Cooperative, Investcorp Private Equity Fund I are among the selling shareholders

NCDEX
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NCDEX

Press Trust of India Mumbai
National Commodity and Derivatives Exchange Limited (NCDEX) has filed its offer document with markets regulator Sebi for an initial public offering to raise about Rs 500 crore.
 
The IPO comprises a fresh issue aggregating up to Rs 100 crore and an offer for sale of up to 1,44,53,774 equities by shareholders, according to the draft red herring prospectus (DRHP).
 
The issue is expected to raise about Rs 500 crore, including fresh offering, merchant banking sources  said. After BSE and MCX, this would be the third listing by an exchange.
 
Build India Capital Advisors, Canara Bank, Indian Farmers

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