NCDEX shareholders approve Rs 770 crore preferential issue to fund equity, equity derivatives launch

India's largest agri-commodity index the National Commodity & Derivatives Exchange (NCDEX) on Friday received shareholders’ approval for issuance of over 3.91 crore equity shares worth Rs 770 crore to a pool of investors on a preferential basis.

The shares of face value Rs 10 each, carry a premium of Rs 187.34, a company release said. The approval came in its NCDEX's 22nd Annual General Meeting held today.

NCDEX received an in-principle approval from market regulator Securities and Exchange Board of India (Sebi) in July this year to launch its equity & equity derivatives segment. ETMarkets was first to report about the regulatory nod.


Also Read: NCDEX gets in-principle Sebi nod to launch equities, derivatives; plans Rs 750 crore fundraise: Source

After receiving Sebi’s go-ahead, the company raised funds from a diversified pool of 61 investors comprising a mix of institutional investors, financial partners, PE firms and HNIs.

Also Read: Radhakishan Damani, Ramesh Damani, Madhu Kela, Zerodha, Groww line up to invest crores in NCDEX

"This marks a significant milestone in NCDEX’s journey to transform into a multi-asset exchange platform aligned with India’s evolving capital market needs. The capital commitment underscores investor confidence in NCDEX’s governance, market credibility, and future growth trajectory. The funds from this issuance will be utilised towards bespoke technology infrastructure, connectivity, risk management architecture, regulatory compliance, and market development initiatives," the company said in a press statement.
NCDEX will introduce its equity cash market segment in 2026 which will be followed by equity derivatives, to ensure smooth adoption and robust liquidity.

Commenting on the development, MD & CEO Arun Raste called this fundraiser as a defining step in NCDEX’s transformation into a multi-segment exchange. "The members will be able to take advantage of trading both the commodity and equity segments under a single platform,” he said.

“With strong institutional backing, cutting-edge infrastructure, and regulatory alignment, we are ready to deliver a credible, transparent, and competitive platform in equities and equity derivatives. This expansion will allow us to serve a wider participant base and play a pivotal role in deepening India’s financial markets," Raste added.

NCDEX's shares have generated a lot of buzz in the unlisted market, turning multibagger with 132% returns over a 1-year period. It is currently trading at Rs 488 in the unlisted zone.

Also Read: NCDEX’s unlisted shares soar 150% in a year on Sebi's equity nod, investments from Groww, Zerodha. Can the rally last?

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