PRICE HISTORY.
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Key numbers
Published fundamentals and the date each figure was recorded.
About this company
Fusion Techstack Limited, formerly known as Indian Commodity Exchange Limited (ICEX), is a Gujarat-based company incorporated in 2008 and headquartered in Surat. It began life as a national-level, SEBI-recognised online commodity derivatives exchange, becoming one of India's organised platforms for trading commodity futures. Over its operating years it built a notable presence in niche contracts, launching diamond derivatives in 2017 and steel futures in 2018, and broadened its product suite to a range of commodity derivative contracts following a consolidation with the National Multi Commodity Exchange (NMCE) in 2018. The exchange business faced a significant turning point when its net worth fell below the regulatory threshold prescribed for operating a commodity exchange, and its exchange recognition was cancelled in May 2022. Following this, the company moved away from running a trading venue. In 2025 it adopted the new name Fusion Techstack Limited, reflecting a stated pivot toward technology-oriented activities such as technology-enabled platforms, data management services, and digital solutions linked to capital markets and allied areas. The company is structured with a face value of ₹5 per share and has a large equity base of roughly 533 million shares outstanding, giving it an indicative market capitalisation in the region of ₹139–143 crore based on prevailing unlisted quotes. It carries an established corporate identity (CIN U67120GJ2008PLC099142, ISIN INE678L01012) and a recognisable legacy brand in the Indian exchange ecosystem. Fusion Techstack draws attention in the unlisted market largely because of this legacy as a former national commodity exchange combined with its ongoing transition to a new technology-focused mandate. Its history within India's market-infrastructure landscape, its sizeable shareholder base from the ICEX era, and the uncertainty and curiosity surrounding its reinvention make it a frequently tracked name among participants who follow unlisted and transition-stage companies. All references to price are indicative secondary-market data and not a valuation.
COMPANY REGISTRY · ON FILE
THE CREW · BOARD & MANAGEMENT
COMMON QUESTIONS.
Is Fusion Techstack Limited (Formerly known as Indian Commodity Exchange Limited) listed on the stock exchange?+
No. As of 2 September 2026, Fusion Techstack Limited (Formerly known as Indian Commodity Exchange Limited) is an unlisted company whose shares trade over-the-counter; it would list only if and when it completes an IPO.
What is the Fusion Techstack Limited (Formerly known as Indian Commodity Exchange Limited) unlisted share price?+
As of 2 September 2026, the indicative unlisted share price of Fusion Techstack Limited (Formerly known as Indian Commodity Exchange Limited) is ₹3.75 per share. This is an over-the-counter reference price, not a stock-exchange quote.
What indicative minimum amount is displayed for Fusion Techstack Limited (Formerly known as Indian Commodity Exchange Limited) unlisted shares?+
The displayed unit count is 2,670 share(s); at the indicative price of about ₹3.75, the displayed amount is approximately ₹10,013. This is a display convention, not evidence of inventory, an order minimum or a quote.
What is the ISIN of Fusion Techstack Limited (Formerly known as Indian Commodity Exchange Limited)?+
The recorded ISIN of Fusion Techstack Limited (Formerly known as Indian Commodity Exchange Limited) is INE678L01012. An ISIN is a 12-character security identifier. Verify it against the issuer and the relevant depository record before using it for any transfer or documentation.
Is trading in Fusion Techstack Limited (Formerly known as Indian Commodity Exchange Limited) unlisted shares legal in India?+
Unlisted shares can be transferred off-market in India, but the legal, tax and compliance position depends on the security, parties, documents and current rules. Verify the intermediary, issuer restrictions and applicable requirements before proceeding.
Is there a lock-in period for unlisted shares?+
A post-listing lock-in may apply under the rules in force at the time. The period and any exemptions can depend on the holder and acquisition, so check the current regulation and the issuer's offer documents rather than relying on a generic period.
Do you guarantee returns?+
No. Unlisted shares carry higher risk and lower liquidity than listed shares. Returns depend on company performance, market conditions and future listing outcomes. This is information only, not investment advice.