Home   >>    Investment   >>    Equity

MCX gets a clean chit from SEBI to go ahead with the IPO

MCX gets Security Exchange Board of India (SEBI) has received permission for IPO, and the issue is expected to come by June-end.

15 May 2008

MCX gets Security Exchange Board of India (SEBI) has received permission for IPO, and the issue is expected to come by June-end. The face value likely to be Rs 5 and the price band will be of Rs 600-700 per share.

The IPO proceeds would be used for further expansion of operations and setting up of rural infrastructure.

There would be 1 crore MCX shares expected to be on offer. The IPO was first filed and because of certain issues it was re filed then the offer was finally got cleared by SEBI.



44.58 Lakh satisfied customers till Oct 2016
Get Loan Offers
Instant Home Loan Offers Instant Car Loan Offers Instant Personal Loan Offers
     
Instant Loan against Property Offers Instant Education Loan Offers Instant Credit Card Offers
Get Insurance Proposals
Instant Life Insurance Offers Instant Health Insurance Offers Instant Car Insurance Offers