Company Presentation
MSEI: A Revival Story in the Making
The Metropolitan Stock Exchange of India (MSEI), initially launched as MCX Stock Exchange in 2008, faced challenges including low trading volumes, dominance by NSE and BSE, and financial difficulties that rendered it a "dead exchange".
A turning point for MSEI arose from SEBI's new regulations, effective after November 20, 2024, mandating that exchanges can only offer one weekly expiry for derivatives contracts. MSEI intends to capitalize on this through exclusive weekly expiries on Fridays for its SX-40 index, a day when NSE and BSE offer no such products. This could attract traders seeking additional opportunities and enhance liquidity on the exchange.
MSEI also has a pending legal case against NSE, alleging misuse of dominant position and claiming damages of ₹800 crore. If successful, this would improve MSEI’s financial health, rebuild its infrastructure, and boost investor confidence.
Recently, leading financial players such as Zerodha, Groww, and Share India, have invested ₹240 crore at ₹2 per share, increasing the total shares outstanding to 600 crore and setting the current valuation of MSEI at ₹7200 crore (₹12 per share).
While prospects are promising, challenges remain. MSEI must regain the trust of both retail and institutional investors, build liquidity, and compete with established exchanges like NSE and BSE.
Financial data shows revenues of 10.63 Cr, 10 Cr, 9 Cr, 7 Cr in FY21, FY22, FY23, and FY24 respectively. PBT figures are -30.67 Cr, -31 Cr, -20 Cr, -48 Cr. PAT figures are -31.08 Cr, -30 Cr, -18.7 Cr, -49 Cr. EPS figures are -0.06, -0.06, -0.04, -0.1.
The top shareholders are Individuals (55.59%), Bodies Corporate (17.85%), Financial Institution/Banks (14.94%), and Others (7.62%).
On December 24, 2024, the Board of Directors approved a private placement of up to 119 crore equity shares at ₹2 each to Groww, Zerodha, Securocorp Securities, and Share India Securities (₹60 Cr each).
In conclusion, MSEI is positioned for a significant turnaround due to regulatory support and strategic initiatives. Its success will depend on execution and market acceptance.
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Our blog provides insightful information about unlisted shares, offering a deeper understanding of how these assets work, their potential benefits, and the risks involved. Whether you're new to unlisted shares or looking to expand your knowledge, we cover topics such as investment strategies, valuation methods, market trends, and regulatory aspects. Stay updated with expert tips and guides to navigate the unlisted share market effectively.
Unlisted shares are stocks of companies that are not listed on any stock exchange, meaning they are not publicly traded. These shares are typically available for trade in the private market through brokers, and can offer unique investment opportunities.
You can buy unlisted shares through a broker or platform that specializes in unlisted share transactions. We provide a secure and easy way to purchase unlisted shares from top companies, ensuring a smooth transaction process.
The share prices of unlisted companies can fluctuate based on various factors like market demand, company performance, and private transactions. You can check the latest share prices for unlisted companies on our website for real-time updates.
Unlisted shares can offer higher growth potential, as they are typically not subject to the same market volatility as listed shares. However, they come with higher risk due to limited liquidity and availability of information. It's important to research thoroughly and consult experts before investing.
To sell unlisted shares, you can connect with a broker or platform that facilitates the sale of private stocks. We help investors buy and sell unlisted shares with ease, ensuring that your transaction is handled professionally and securely.
Yes, unlisted shares can eventually be listed on a stock exchange through an Initial Public Offering (IPO). This process allows the company to offer its shares publicly and be traded on major exchanges, potentially increasing liquidity and visibility.
Gains from unlisted shares are subject to capital gains tax in India. Short-term capital gains (if held for less than 24 months) are taxed at your applicable income tax rate, while long-term capital gains (if held for more than 24 months) are taxed at 20% with indexation benefits. Always consult a tax advisor for precise tax implications.
The value of unlisted shares is typically determined by private transactions, financial reports, and market demand. We provide the latest updates on share prices of unlisted companies, giving you the most accurate valuation available.
The minimum investment for unlisted shares can vary depending on the company and broker. Generally, the minimum investment is higher than for listed stocks, but we provide detailed information to help you make the best investment decisions.
Yes, unlisted shares may pay dividends if the company has declared them. However, since these companies may be in their growth stage, dividend payments are not always guaranteed. It's important to check the company's financial health before investing.
It's important to conduct thorough research on the company's financials, management, market potential, and overall business model. You can also seek professional advice from experts to help you choose unlisted shares with strong growth prospects.
Gains from unlisted shares are subject to capital gains tax in India. Short-term capital gains (if held for less than 24 months) are taxed at your applicable income tax rate, while long-term capital gains (if held for more than 24 months) are taxed at 20% with indexation benefits. Always consult a tax advisor for precise tax implications.
