Metropolitan Stock Exchange Unlisted Share

MSE offers an electronic, transparent and hi-tech platform for trading in Capital Market, Futures & Options, Currency Derivatives and Debt Market segments. The Exchange has also received in-principle approval from SEBI for operationalizing SME trading platform. MSE commenced operations in the Currency Derivatives (CD) Segment on October 7, 2008, under the regulatory framework of SEBI and Reserve Bank of India (RBI). MSE launched Capital Market Segment, Futures and Options Segment and flagship index ‘SX40’ on February 9, 2013 and commenced trading from February 11, 2013.

Trading in the 'SX40’ index derivatives began from May 15, 2013. ‘SX40’, is a free-float based index consisting of 40 large-caps, liquid stocks representing diverse sectors of the economy. Its base value is 10,000 and base date is March 31, 2010. The index is designed to be a performance benchmark and facilitate creation of efficient investment and risk management instruments

The Debt Market Segment of MSE was launched on June 7, 2013, and trading commenced from June 10, 2013. The Exchange started live trading in cash-settled Interest Rate Futures (IRF), on Government of India security, in its Currency Derivative Segment from January 20, 2014. The product provides a better option to hedge against volatile interest rates.

In line with global best practices and regulatory requirements, clearing and settlement of trades done on the Exchange were initially conducted through its subsidiary clearing corporation − Metropolitan Clearing Corporation of India Ltd. Post implementation of the interoperability framework from June 03, 2019, the clearing and settlement of trades can be conducted through any of the National Clearing Corporations i.e. Metropolitan Clearing Corporation (MCCIL), Indian Clearing Corporation (ICCL) and National Securities Clearing Corporation (NSCCL)

Metropolitan Stock Exchange of India Limited (‘MSE’ or ‘your Company’ or ‘the Exchange’) is a recognized as a Stock Exchange by Securities and Exchange Board of India (SEBI) under section 4 of the Securities Contracts (Regulation) Act, 1956 with effect from September 16, 2008. The Exchange was notified a “Recognised Stock Exchange” under Section 2(39) of the Companies Act, 1956 by Ministry of Corporate Affairs, Govt. of India, on December 21, 2012. The Company provides the platform for trading in Currency Derivatives, Debt Segment, Interest Rate Futures, Equity Cash and F&O segment. The Company does not deal in commodities.

MSE is a full-service National level Stock Exchange with license from Securities and Exchange Board of India (SEBI) to operate in Equity, Equity Derivatives, Currency Derivatives and Debt. The Exchange has live trading electronic platform in all segments.

Consolidated Financial Highlights:

Notes:

• Metropolitan Stock Exchange of India (MSEI) has a wholly-owned subsidiary named MSE Fintech Limited, with a face value of ₹10 per share. MSEI holds 50,000 equity shares in this subsidiary.
• Employee count as of March 31, 2024, was 119, compared to 125 as of March 31, 2023.
• Foreign currency earnings in FY 2023-24 were ₹22,50,000, unchanged from FY 2022-23.
• Foreign currency expenditure in FY 2023-24 was ₹21,25,505, compared to ₹20,03,544 in FY 2022-23

100% of the Company’s shares are in dematerialized form as listed below as at Mach 31, 2024:

Private Placement:

The Board of Directors (BOD) has approved a private placement of equity shares, which will now require approval from the members at the Extraordinary General Meeting (EGM) scheduled for 18th January 2025. This private placement will lead to a notable shift in the ownership structure, the stake held by corporate bodies is set to rise from 15.49% to 27.29%, marking an increase of 11.80%, while public ownership will decrease from 58.96% to 47.27%, reflecting a reduction of 11.69%.

Source of Revenue:

• Transaction charges

• Revenue from clearing and settlement services

• Revenue from data feed charges

• Income from annual listing fees

• Membership admission fees

• Processing and other fees

Consolidated Financial Ratios

Metropolitan Stock Exchange (MSEI) Annual Report 2023-24

Metropolitan Stock Exchange (MSEI) Annual Report 2022-23

Metropolitan Stock Exchange (MSEI) Annual Report 2021-22

Metropolitan Stock Exchange (MSEI) Annual Report 2020-21

Metropolitan Stock Exchange (MSEI) Annual Report 2019-20

Metropolitan Stock Exchange (MSEI) Annual Report 2018-19

Metropolitan Stock Exchange (MSEI) Annual Report 2017-18