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Listing Status:
DRHP Not Filed
About Metropolitan Stock Exchange (MSEI)
Metropolitan Stock Exchange of India Limited MSEI is a full-service national level Stock Exchange with a license to operate in Equity, Equity Derivatives, Currency Derivatives, Debt, and SME Platform. It has a live trading platform in all segments except SME. MSEIL has two subsidiaries: Metropolitan Clearing Corporation of India Limited MCCIL and MCX SX KYC Registration Agency Limited MRAL in which it holds 86.94 and 100 percent. MCCIL is in the business of clearing and selement of deals in multi-asset classes carried out at MSEIL andMRAL is in the business of maintaining a database for members of the exchange and other under the Know Your Client KYC Guidelines.
Key Highlights
(i) The ownership of MSEIL is diversied between corporates, banks, and individuals.
(ii) The shareholding of MSEIL consists of Banks/Flls at 23.64% which includes leading public and private sector banks like State Bank of India, Bank of Baroda, Punjab NationalBank, Axis Bank, HDFC Bank, etc.
(iii) Leading Corporates and institutions hold around 29.94% which includes EdelweissCommodities Services Limited, IL&FS Financial Services Limited, Multi Commodity Exchangeof India Limited, etc.
(iv) Individual Investors hold around 40.47% which includes leadinginv estors like Mr. Rakesh Jhunjhunwala, Mr. Radhakishan Damani, Mr. Nemish Shah.
Frequently Asked Questions
How to Sell unlisted shares?
If you are wondering how to sell unlisted shares online, just fill out basic details in the form and our experts will get back to you. Right from the initial deal to the final transfer of shares, our unlisted share brokers will help. Check out the list of the best unlisted shares in India or reach out to reputed unlisted share dealer Instinct Wealth.
How to buy unlisted shares?
Due to past performance and potential to grow, investment in unlisted shares is a wise choice. At Instinct Wealth, you can easily buy and sell unlisted shares. You just need to connect with our experts, and they will help you throughout the process.
Is it legal to buy unlisted shares in India?
Yes, this is 100% legal and safe to buy unlisted shares. However, this is applicable when you buy unlisted shares from reliable and known unlisted share dealers. You can request a quote at Instinct Wealth, we are ready to assist you.
What is the documentation requirement for dealing in unlisted shares?
At Instinct Wealth, we have simplified the whole process of unlisted share trading. A basic KYC is required for investing in unlisted stocks. For KYC verification, you will need to show Aadhaar | PAN | Demat CML For NRI | PAN | DEMAT CML | NRO Bank statement. Want to know more about how to buy unlisted shares in India? Connect with us today!
How is the market price of unlisted shares calculated?
The pricing of unlisted shares is influenced by a variety of factors besides supply and demand; the most recent transactions on the same stock, the company’s last funding round, and the asset value level of companies of similar size impact the pricing of unlisted shares.
How do I sell unlisted shares?
Once we have agreed on the selling price and the number of shares, we will issue you a UTR (Unique Transaction Reference) number so you can transfer the shares. Once you transfer the shares to Instinct Wealth Demat account, the funds are transferred to your bank account in less than 24 hours or by the end of the next working day.
Can NRIs buy NSE unlisted shares in India?
NRIs, like domestic investors, can buy and sell NSE unlisted shares. However, their investment is non-repatriable.
What are the risks of investing in unlisted shares?
The liquidity risk is the most significant risk related to investing in unlisted stocks. Investors may choose to sell to another investor or wait for the company to be listed on the stock exchange.
Are unlisted shares subject to SEBI rules and regulations?
The trading of unlisted shares is controlled by the Securities and Contracts (Regulation) Act, which is monitored by SEBI. When the company’s stocks are listed on the stock exchange, the SEBI rules become applicable. Pre-IPO investors must commit to a 6-month lock-in period.
What is the least lock-in period for unlisted shares?
There are no regulations on selling or transferring your unlisted shares before the company goes public. However, once the company starts its initial public offering, retail investors have a minimum lock-in period of 6 months.
