About MCX
MCX is a company based in Mumbai (India) founded in 2003 by Jignesh Shah. It operates as a Brokerage / Intermediation and Subscription Services. MCX has raised $55 million across 2 funding rounds. The company has 456 employees. MCX offers products and services including Commodity Futures Trading, Commodity Options Trading, and MCX iCOMDEX Indices. MCX operates in a competitive market with competitors including Indian Energy Exchange, AROMA ENTERPRISES, Janus Corporation, Shiv Sahai and CapsGold, among others.
- Annual Revenue₹2,429 Cr
FY 2026 · +101% YoY
- Net Profit₹1,332 Cr
FY 2026 · 55% margin
- EBITDA₹1,769 Cr
FY 2026 · 73% margin
- Total Equity Funding$55M (USD)
in 2 rounds
- Latest Funding Round$148.48M (USD), Post-IPO
Jun 2014
- Employee Count456
Associated legal entities of MCX
MCX operates through Multi Commodity Exchange Of India Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Multi Commodity Exchange Of India Limited Listed CIN L51909MH2002PLC135594 | Active | 19 Apr 2002 | Mumbai, Maharashtra | ₹2,429 Cr | 428 | 11 | View details |
Products & Services of MCX
MCX offers a comprehensive portfolio of products and services, including Commodity Futures Trading, Commodity Options Trading, and MCX iCOMDEX Indices.
Platform for trading commodity futures is provided efficiently.
Options trading for commodities is facilitated on platform.
Commodity indices are offered for market trend analysis.
Apps and channels of MCX
MCX publishes 1 mobile app with over 100K+ downloads; its YouTube channel MCX has 53.5K subscribers and 30 videos.
Videos from MCX
The most watched videos on MCX's YouTube channel, MCX (53.5K subscribers). Click a video to play it here.
More on MCX.
Funding Insights of MCX
MCX has successfully raised a total of $55M across 2 strategic funding rounds. The most recent funding activity was a Post-IPO round of $148.48 million completed in June 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $55M
- Total Rounds 2
- Last Round Post-IPO — $148.48M
- First Round $55M
(Feb 2008)
All 2 funding rounds of MCX with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2014 | $148.48M | Post-IPO | – | – | – |
| Feb 2008 | $55M | Series B | – | – | – |
Board of directors of Multi Commodity Exchange Of India Limited (MCX)
Multi Commodity Exchange Of India Limited is the primary company behind MCX. The board of Multi Commodity Exchange Of India Limited currently have 8 directors; the longest-serving is Chandra Shekhar Verma, appointed in 2021. 83 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Chandra Shekhar Verma DIN 00121756 | Director | 22 May 2021 | 5 yrs 4 mo | Multi Commodity Exchange Of India Limited |
| Harsh Kumar Bhanwala DIN 06417704 | Director | 08 Aug 2021 | 5 yrs 2 mo | Multi Commodity Exchange Of India Limited |
| Mohan Narayan Shenoi DIN 01603606 | Director | 30 Sep 2021 | 5 yrs | Multi Commodity Exchange Of India Limited |
| Ashutosh Moreshwar Vaidya DIN 06751825 | Director | 17 Sep 2022 | 4 yrs | Multi Commodity Exchange Of India Limited |
| Sonu Halan Bhasin DIN 02872234 | Director | 17 Sep 2022 | 4 yrs | Multi Commodity Exchange Of India Limited |
| Arvind Kathpalia DIN 02630873 | Director | 06 Dec 2022 | 3 yrs 10 mo | Multi Commodity Exchange Of India Limited |
| Navrang Saini DIN 09650867 | Director | 14 Mar 2024 | 2 yrs 6 mo | Multi Commodity Exchange Of India Limited |
| Praveena Rai DIN 09474203 | Managing Director | 31 Oct 2024 | 1 yr 11 mo | Multi Commodity Exchange Of India Limited |
People of MCX
44 people are tracked at MCX (16 in leadership, 9 in board & advisors, 19 in team); the tracked headcount is 456.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership | |
P S Reddy | CEO | Leadership |
Satyajeet Bolar | Chief Financial Officer | Leadership |
Chittaranjan Rege | Head, Base Metals | Leadership |
Rashmi Nihalani | Assistant Vice President | Leadership |
Manoj Jain | Chief Operating Officer | Leadership |
Ruchi Shukla | Head, Energy | Leadership |
Praveen D G | Chief Risk Officer | Leadership |
Rishi Nathany | Chief Business Officer | Leadership |
Himanshu Ashar | VP, Surveillance & Investigation | Leadership |
Ajay Puri | Company Secretary Chief Compliance Officer | Leadership |
Komal Kanzaria | Regional Head Gujarat | Leadership |
Sanjay Gakhar | Vice President (business Development) | Leadership |
Shivanand Jogade | Assistant Vice President | Leadership |
Abhishek Govilkar | VP, Product Management Team , Agri | Leadership |
Sanjay Golecha | Vice President- Regulatory Compliances | Leadership |
Shankar Aggarwal | Director | Board & advisors |
Hemang Raja | Director | Board & advisors |
| Director | Board & advisors | |
| Chairman | Board & advisors |
24 more people are available in the full profile.
Complete people profiles for MCX
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of MCX
MCX is a publicly listed company on the NSE with ticker symbol MCX in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date09 Mar 2012
- Listed onBSE: 534091 · NSE: MCX
- Listed entityMulti Commodity Exchange of India Limited
- Exchange sectorFinance
- ISININE745G01043
- Share price₹3,318.20 (+1.92% on the day) · 2026-10-09
- Market capitalisation₹83,000 Cr
- Price to earnings54.8
- EPS (diluted, trailing year)₹60.58
- Dividend yield0.25%
- Volume (last session)1,632,264
Financials of MCX
Figures of Multi Commodity Exchange Of India Limited, the primary company behind MCX, for FY 2026. Revenue was ₹2,429 Cr (+101% year on year). Net profit was ₹1,332 Cr (55% margin). EBITDA was ₹1,769 Cr (73% margin). Revenue has grown at a compounded annual rate of +61% over three years and +37% over five years.
- ₹2,429 CrRevenue · FY 2026 · +101% YoY
- ₹1,332 CrNet profit · 55% margin
- ₹1,769 CrEBITDA · 73% margin
- ₹51.00 CrPaid-up capital
- 428Employees (provident fund records)
- +61%Revenue CAGR, 3 years
- +37%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | ₹2,421 Cr | ₹1,332 Cr | ₹1,877 Cr |
| 2024 | ₹1,198 Cr | ₹560 Cr | ₹804 Cr |
| 2023 | ₹753 Cr | ₹83.1 Cr | ₹164 Cr |
| 2022 | ₹580 Cr | ₹149 Cr | ₹220 Cr |
| 2021 | ₹439 Cr | ₹143 Cr | ₹228 Cr |
Balance sheet, profit and loss, cash flow and ratios of Multi Commodity Exchange Of India Limited are on its company page.
Detailed financial statements for MCX
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of MCX
4 dated milestones of MCX across 11 years, from founding to its latest funding, stage changes and deals.
- Founded MCX is founded.
- Funding First funding round of $55.0M.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO, of $148.5M.
Competitors of MCX
MCX operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Indian Energy Exchange, AROMA ENTERPRISES, Janus Corporation, Shiv Sahai and CapsGold, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| iexindia.com | 2007 | Delhi, India | $30.02M | 172 | Power trading services are facilitated via an automated platform. | |
| aromaenterprises.in | 1994 | Ahmedabad, India | – | 163 | Core enterprise activities are managed in Ahmedabad, India since 1994. | |
| januscorporation.in | 1998 | Mumbai, India | – | – | Global provider of trading and broking services for ferrous and non-ferrous metals and minerals | |
| shivsahai.com | 1971 | Ahmedabad, India | – | – | Serves as a bullion trader based in Chennai. | |
| capsgold.com | 1901 | Hyderabad, India | – | – | Deals in gold and silver bullion, jewelry, real estate, and hospitality services. | |
| nationalspotexchange.com | 2005 | Mumbai, India | – | – | Operates as a commodity exchange for trading services. | |
| nmce.com | 2002 | Ahmedabad, India | – | – | Operates as a national commodity exchange for multi-commodities. | |
| applefinance.co.in | 1985 | Mumbai, India | – | 3 | Commodity trading services are provided by Apple Finance in India. |
Detailed competitors of MCX
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of MCX
The website of MCX (mcxindia.com) receives about 3.7M visits a month and ranks #46,746 among all websites worldwide, #2,967 in Investing.
- Monthly visits3.7M
▲ 130.4% vs previous month
- Unique visitors405.8K
per month
- Global rank#46,746
among all websites
- Category rank#2,967
Finance · Investing
- Bounce rate68%
- Pages per visit2.2
- Average visit3 min 26 sec
- DevicesDesktop 26% · Mobile 74%
Websites whose visitors overlap most with MCX. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| nseindia.com | 100% | 19.9M | #2,783 | View details | |
| bseindia.com | 87% | 10.6M | – | View details | |
| ncdex.com | 85% | 455K | #128,436 | View details | |
| niftytrader.in | 81% | 985.7K | #64,525 | View details | |
dhan.co | dhan.co | 75% | – | #2,273 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for MCX
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Mcx
Complete news archive for MCX
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to MCX
10 companies that operate in the same segment as MCX (Financial Exchanges), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Power trading services are facilitated via an automated platform. | 2007 | Delhi, Delhi, India | USD 30.02 M | USD 65.65 M | 179 | |
Stock trading, clearing, and securities listing services are operated globally. | 1971 | New York, New York, United States | – | USD 8.26 B | 9,160 | |
Private and financial market data analytics solutions are provided. | 1999 | Atlanta, Georgia, United States | – | USD 12.23 B | 12,920 | |
Equities and securities are traded on India's oldest stock exchange. | 1875 | Mumbai, Maharashtra, India | USD 42.77 M | USD 544.53 M | 1,520 | |
Stock exchange | 1792 | New York, New York, United States | – | – | 13,222 | |
Futures and options exchange services are provided worldwide. | 1973 | Chicago, Illinois, United States | – | USD 4.71 B | 1,690 | |
Financial stock exchange, data, and risk management services are provided. | 2007 | London, England, United Kingdom | – | USD 12.58 B | 26,250 | |
Stock exchange services including equities and derivatives are offered. | 1992 | Mumbai, Maharashtra, India | USD 483.36 M | USD 2.06 B | – | |
Trading, clearing, and settlement services for financial markets are facilitated. | 2011 | Moscow, Russia | – | – | 1,662 | |
Offsets and renewable energy marketplace | 2016 | San Francisco, California, United States | USD 712.17 M | – | – |
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Frequently Asked Questions about MCX
MCX was founded in 2003 and raised its 1st funding round 5 years after it was founded.
MCX is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
P S Reddy is the current CEO of MCX.
MCX is a funded company, having raised a total of $55M across 2 funding rounds to date. The company's 1st funding round was a Series B of $55M, raised on Feb 2008.
MCX has 456 employees.
The primary company behind MCX, Multi Commodity Exchange Of India Limited, reported revenue of ₹2,429 Cr for FY 2026, up 101% year on year.
A regulated platform for commodity trading is provided by Multi Commodity Exchange of India Limited. Efficient price discovery and risk management solutions are facilitated for participants in the commodity ecosystem. Various sectors including bullion, base metals, energy, and agricultural commodities are covered. Services such as futures and options trading, along with market data indices like MCX iCOMDEX, are offered to support investors and traders.
MCX's top competitors include Indian Energy Exchange, AROMA ENTERPRISES and Janus Corporation.
MCX offers Commodity Futures Trading, Commodity Options Trading, and MCX iCOMDEX Indices.
Yes, MCX is publicly traded on NSE under the ticker symbol MCX.
MCX operates through Multi Commodity Exchange Of India Limited.
The legal entities of MCX currently have 10 directors, including Arvind Kathpalia, Chandra Shekhar Verma, Ashutosh Moreshwar Vaidya and others.