IPO Guru
NCDEX
₹354
▼ 12.6% 1M
NCDEX
Financial Services Commodity Exchange

NCDEX Unlisted Shares

National Commodity & Derivatives Exchange

NCDEX (National Commodity & Derivatives Exchange) is one of India's leading commodity derivatives exchanges, primarily focused on agricultural commodities.

INDICATIVE PRICE
₹354 .00
▼ 12.59% · 1 Month
52W Low
₹210
₹354
52W High
₹525
Face Value
₹10
ISIN
INE440H01011
Price History

NCDEX Price Chart

Current
₹354.00
Period Change
-12.59%
High
₹405.00
Low
₹354.00
About

NCDEX — the company.

National Commodity & Derivatives Exchange Limited (NCDEX) is India's premier online multi-commodity exchange. Incorporated in April 2003 and headquartered in Mumbai, NCDEX operates under the regulatory supervision of SEBI and offers futures and options trading primarily in agricultural commodities. NCDEX is promoted by a consortium of marquee institutions including NSE (National Stock Exchange), NABARD, LIC, PNB, CRISIL, and other leading financial entities. The exchange plays a pivotal role in providing price discovery and risk management solutions to agricultural stakeholders — farmers, traders, processors, and exporters — across India.
IPO Outlook

When’s the NCDEX IPO?

No Update as of Now

Latest News

Valuation Compass

How NCDEX stacks against listed peers.

Company P/E EV / EBITDA
MCX (Multi Commodity Exchange) MCX
BSE Ltd BSE
NSE (National Stock Exchange) NSE
Indian Energy Exchange IEX

Strengths

  • +India's leading agricultural commodity derivatives exchange with deep market penetration
  • +Strong institutional backing — NSE, NABARD, LIC, PNB, CRISIL as promoters
  • +Operates under SEBI regulation providing high credibility and trust
  • +Critical infrastructure provider for India's ₹50+ lakh crore agriculture economy
  • +Unique positioning in the agri-commodity space with no direct listed competitor
  • +Nationwide network of brokers, warehouses, and assaying infrastructure
  • +Technology-driven platform with real-time price dissemination across India
!

Risks

  • Highly dependent on agricultural trading volumes which are subject to seasonal and policy-driven volatility
  • Competition from MCX (Multi Commodity Exchange), which dominates non-agri commodities
  • Low retail participation in commodity markets compared to equity markets
  • Government commodity price interventions (MSP policies, export bans) can reduce hedging activity
  • Wafer-thin margins typical of exchange businesses; revenue largely fee-based
  • Regulatory changes in commodity derivatives can materially impact business
!

Important Disclaimer

Unlisted shares are not traded on stock exchanges. Prices shown are indicative and based on off-market transactions; they may differ from eventual listing or future market prices. Exit liquidity depends on counter-party availability. SEBI mandates a 6-month lock-in on pre-IPO shares post-listing. Gains held beyond 24 months are taxed at 12.5% LTCG (no indexation). IPO Guru is not a SEBI Registered Investment Advisor. Information here is for general awareness, not personalised investment advice. Please consult your tax advisor before investing.

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