Metropolitan Stock Exchange of India Limited (MSEIL)
Metropolitan Stock Exchange of India Limited (MSEIL) is a full service National Level Stock Exchange with license to operate in Equity, Equity Derivatives, Currency Derivatives, Debt and SME Platform. It has live trading platform in all segments except SME. MSEIL has two subsidiaries: Metropolitan Clearing Corporation of India Limited (MCCIL) and MCX SX KYC Registration Agency Limited (MRAL) in which it holds 86.94 and 100 per cent. MCCIL is in the business of clearing and settlement of deals in multi asset classes carried out at MSEIL and MRAL is in the business of maintaining database for members of exchange and other under the Know Your Client (KYC) Guidelines.
The ownership of MSEIL is diversified between corporates, banks and individuals.
The shareholding of MSEIL consists of Banks/FIIs at 23.64% which includes leading public and private sector banks like State Bank of India, Bank of Baroda, Punjab National Bank, Axis Bank, HDFC Bank etc.
Leading Corporates and institutions hold around 29.94% which includes Edelweiss Commodities Services Limited, IL&FS Financial Services Limited, Multi Commodity Exchange of India Limited, etc.
Individual Investors hold around 40.47% which includes leading investors like Mr. Rakesh Jhunjhunwala, Mr. Radhakishan Damani, Mr. Nemish Shah among others.