MCX

Mumbai, India Founded: 2003 • Age: 23 yrs
Commodity trading is facilitated by MCX in India.

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 as of March 31, 2024. 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.

  • Headquarter Mumbai, India
  • Employees 456 as on 31 Mar, 2024
  • Founders Jignesh Shah
  • Stage Public
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Multi Commodity Exchange Of India Limited
Operational Areas
Financial Services → Capital Markets & Trading
Key Metrics
  • Annual Revenue
    $140.23 M (USD)
    58.97
    as on Mar 31, 2025
  • Net Profit
    $65.55 M (USD)
    573.85
    as on Mar 31, 2025
  • EBITDA
    $94.11 M (USD)
    389.36
    as on Mar 31, 2025
  • Total Equity Funding
    $55 M (USD)

    in 2 rounds

  • Latest Funding Round
    $148.48 M (USD), Post-IPO

    Jun 01, 2014

  • Investors
  • Employee Count
    456

    as on Mar 31, 2024

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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.

Exchange: NSE · Ticker: MCX . Sector: Finance · India

Products & Services of MCX

MCX offers a comprehensive portfolio of products and services, including Commodity Futures Trading, Commodity Options Trading, and MCX iCOMDEX Indices. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform for trading commodity futures is provided efficiently.

Options trading for commodities is facilitated on platform.

Commodity indices are offered for market trend analysis.

People of MCX
Headcount 200-500
Employee Profiles 34
Board Members and Advisors 9
Employee Profiles
People
Meenakshi Rokade
Librarian
People
P. S. Reddy
MD & CEO
People
Praveen D G
Chief Risk Officer
People
Sagar Doshi
Assistant Manager

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Board Members and Advisors
people
Shankar Aggarwal
Director
people
Hemang Raja
Director
people
Mohan Narayan Shenoi
Director
people
Harsh Kumar Bhanwala
Chairman

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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
  • Total Rounds 2
  • Last Round Post-IPO — $148.5M
  • First Round

    (16 Feb 2008)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2014 Amount Post-IPO - MCX Valuation

investors

Feb, 2008 Amount Series B - MCX Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by MCX

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - MCX

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Mcx Comparisons

Employees
+
Add Comparison
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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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Power trading services are facilitated via an automated platform.
domain founded_year HQ Location
Core enterprise activities are managed in Ahmedabad, India since 1994.
domain founded_year HQ Location
Global provider of trading and broking services for ferrous and non-ferrous metals and minerals
domain founded_year HQ Location
Serves as a bullion trader based in Chennai.
domain founded_year HQ Location
Deals in gold and silver bullion, jewelry, real estate, and hospitality services.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Mcx

Frequently Asked Questions about MCX

When was MCX founded?

MCX was founded in 2003 and raised its 1st funding round 5 years after it was founded.

Where is MCX located?

MCX is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Who is the current CEO of MCX?

P S Reddy is the current CEO of MCX.

Is MCX a funded company?

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 16, 2008.

How many employees does MCX have?

As of Mar 31, 2024, the latest employee count at MCX is 456.

What is the annual revenue of MCX?

Annual revenue of MCX is $140.23M as on Mar 31, 2025.

What does MCX do?

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.

Who are the top competitors of MCX?

MCX's top competitors include Indian Energy Exchange, AROMA ENTERPRISES and Janus Corporation.

What products or services does MCX offer?

MCX offers Commodity Futures Trading, Commodity Options Trading, and MCX iCOMDEX Indices.

Is MCX publicly traded?

Yes, MCX is publicly traded on NSE under the ticker symbol MCX.

What is MCX's ticker symbol?

The ticker symbol of MCX is MCX on NSE.

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