Monarch Networth Capital to Invest ₹10 Crores for 0.56% Stake in NCDEX
Monarch Networth Capital Limited (MNCL) has signed a Share Subscription Agreement to invest ₹10,00,00,072 in the National Commodity & Derivatives Exchange Limited (NCDEX). The investment involves subscribing to 5,06,740 equity shares at ₹197.34 per share, resulting in a 0.56% stake in NCDEX's post-issue paid-up share capital. This strategic move aims to strengthen MNCL's presence in the financial services ecosystem. The transaction is expected to complete within 60 business days, subject to conditions precedent.

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Monarch Networth Capital Limited (MNCL) has announced a strategic investment in the National Commodity & Derivatives Exchange Limited (NCDEX), marking a significant move to strengthen its presence in the financial services ecosystem.
Investment Details
MNCL signed a Share Subscription Agreement (SSA) with NCDEX, committing to invest ₹10,00,00,072 (₹10 crores and 72 rupees) in the commodity exchange. The investment will be made through the subscription of 5,06,740 equity shares at a price of ₹197.34 per share, which includes a premium of ₹187.34 per share over the face value of ₹10.
Stake and Strategic Implications
Upon completion, this investment will represent approximately 0.56% of NCDEX's post-issue paid-up share capital. The move aligns with Monarch Networth Capital's strategic goal of enhancing its footprint in the financial services and securities market ecosystem.
About NCDEX
NCDEX, incorporated on April 23, 2003, is a professionally managed online commodity exchange that offers a diverse range of products in both agricultural and non-agricultural commodities derivatives segments. Key financial highlights of NCDEX include:
Metric | Value |
---|---|
Net worth | ₹615.94 crores |
Turnover | ₹24.48 crores |
Total Revenue | ₹44.76 crores |
Transaction Details
- The investment is not classified as a related party transaction.
- The deal is subject to satisfactory completion of conditions precedent as stipulated in the SSA.
- The transaction is expected to be completed within 60 business days from the execution date, with the possibility of extension upon mutual agreement.
Regulatory Compliance
Monarch Networth Capital has made this disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also provided detailed information as required under SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155.
This strategic investment by Monarch Networth Capital in NCDEX represents a calculated move to expand its influence in the commodity trading sector and potentially leverage synergies within the broader financial services industry.
Historical Stock Returns for Monarch Networth Capital
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-0.24% | -2.35% | -1.26% | -5.66% | -24.85% | +313.56% |