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.
Read the full company profileNCDEX share details
- Lot size
- 100 shares
- Min. investment
- ₹30,800
- Face value
- ₹10
- Implied market cap
- ₹1,561 Cr
- Shares outstanding
- 50,676,000
- Founded
- 2003
- Headquarters
- Mumbai, Maharashtra
- Website
- ncdex.com
- ISIN
- INE440H01011
- CIN
- U51909MH2003PLC140116
- Lock-in after IPO
- 6 months
NCDEX share price chart
Indicative off-market dealer quotes, not exchange prices. A flat stretch means the quote did not change on those days.
About NCDEX
When is the NCDEX IPO?
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
NCDEX financial performance
Revenue, profit and balance-sheet figures by fiscal year.
| Metric | FY25Latest | FY24 |
|---|---|---|
| Revenue (₹ Cr) | 88.19 | 96.40 |
| PAT (₹ Cr) | 236 | -28 |
| PAT Margin (%) | 267.71 | -28.73 |
| RoNW (%) | 31.45 | -5.82 |
| EPS (₹) | 46.86 | -5.14 |
| Total Assets (₹ Cr) | 1,246 | 838 |
| Net Worth (₹ Cr) | 751 | 476 |
Swipe the table sideways for earlier years →
NCDEX vs listed peers
| Company | P/E | EV / EBITDA | Market cap (₹ Cr) |
|---|---|---|---|
| MCX (Multi Commodity Exchange) MCX | — | — | — |
| BSE Ltd BSE | — | — | — |
| NSE (National Stock Exchange) NSE | — | — | — |
| Indian Energy Exchange IEX | — | — | — |
Swipe the table sideways for more columns →
Management team
Latest NCDEX news
Buy or sell NCDEX unlisted shares
Get a live quote on WhatsApp in under 60 seconds. Current price ₹308. Shares are delivered to your own demat in 24–48 hours, never to a custodian.
Indicative off-market price, not an exchange quote. Read the disclaimer.
NCDEX unlisted shares: common questions
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.
