Business Express

Agri derivatives exchange NCDEX files for IPO

Nationwide Commodity & Derivatives Exchange Ltd (NCDEX), the country’s major agri derivatives exchange, has filed a draft pink herring prospectus with SEBI for an initial general public providing (IPO).

Other than a refreshing difficulty of equity shares of ₹100 crore, the proposed IPO will also aid important investors get an exit/partial exit by an offer you of sale of one.forty five crore shares of the exchange.

Marketing shareholders

The promoting shareholders consist of Build India Capital Advisors LLP, Canara Financial institution, Investcorp Personal Equity Fund I (previously IDFC Personal Equity Fund III), Punjab Nationwide Financial institution, Indian Farmers Fertiliser Cooperative

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