National Commodity and Derivatives Exchange Ltd. (NCDEX) Unlisted Share Price
As of , the indicative unlisted share price of National Commodity and Derivatives Exchange Ltd. (NCDEX) is ₹405 per share. This is an over-the-counter reference price, not a stock-exchange quote.
As of , National Commodity and Derivatives Exchange Ltd. (NCDEX) is not listed on any Indian stock exchange (NSE or BSE) — its shares trade in the unlisted, over-the-counter (pre-IPO) market.
| Price / unit | ₹405 |
|---|---|
| Market cap | ₹3,211 Cr |
| Min. investment | ₹12,150 |
| Lot size | 30 |
| P/B ratio | 2.1 |
| ROE | -3.05% |
What is National Commodity and Derivatives Exchange Ltd. (NCDEX)?
National Commodity and Derivatives Exchange Ltd. (NCDEX) is an unlisted Financials company whose shares trade in India's over-the-counter (pre-IPO) market and settle in demat form (NSDL/CDSL).
National Commodity and Derivatives Exchange Limited (NCDEX) is one of India's leading commodity derivatives exchanges, incorporated in 2003 and headquartered in Mumbai, Maharashtra. The exchange operates a nationwide, electronic, screen-based trading platform that allows market participants to trade in commodity futures and options. Effective September 2015, NCDEX became a deemed recognised stock exchange under the Securities Contracts (Regulation) Act, 1956, and it functions under the regulatory oversight of the Securities and Exchange Board of India (SEBI). NCDEX is best known for its dominant position in agricultural commodity derivatives, where it has historically commanded a very large share of India's exchange-traded agri-commodity volumes. Its product suite spans contracts in agricultural commodities such as guar, cotton, chana, soybean, mustard seed, jeera and various spices, alongside selected non-agri products. Beyond the core exchange, the broader NCDEX group has built out supporting infrastructure across clearing and settlement, warehousing and electronic spot/registry services that connect farmers, traders, processors and financial participants to organised price discovery and risk management. The company's shareholder base has historically included prominent institutions associated with the financial and agricultural sectors, which lends it notable parentage and credibility within India's market infrastructure. NCDEX positions itself as a key piece of the country's commodity ecosystem, supporting hedging, price discovery and transparency for the agricultural value chain. In the unlisted market, NCDEX draws interest as a recognised market-infrastructure institution that is not yet listed on the NSE or BSE main board. As a SEBI-regulated exchange with an established franchise in agri-derivatives and a well-known institutional shareholding, it is among the names tracked by participants who follow pre-IPO and unlisted exchange-sector companies. Its indicative unlisted share price reflects private, over-the-counter transactions between buyers and sellers rather than a continuously quoted public-market price, and it can vary with demand, available supply and broader sentiment toward exchange and financial-infrastructure businesses. This information is provided for general reference only and is not investment advice.
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Frequently asked questions
No. As of 16 July 2026, National Commodity and Derivatives Exchange Ltd. (NCDEX) is an unlisted company whose shares trade over-the-counter; it would list only if and when it completes an IPO.
The minimum lot is 30 share(s); at the indicative price of about ₹405, that is approximately ₹12,150. Indicative reference, not a quote.
As of 16 July 2026, the indicative unlisted share price of National Commodity and Derivatives Exchange Ltd. (NCDEX) is ₹405 per share. This is an over-the-counter reference price, not a stock-exchange quote.
NCDEX is a SEBI-regulated commodity derivatives exchange incorporated in 2003 and based in Mumbai. It runs a nationwide electronic platform for trading commodity futures and options, with a particularly strong franchise in agricultural commodities such as guar, cotton, chana, soybean and spices, supporting price discovery, hedging and risk management.
NCDEX is not currently listed or trading on the NSE or BSE main board; it is an unlisted company. Unlisted shares are generally bought and sold through private, off-market transactions and then settled into a demat account via depositories such as NSDL and CDSL. Availability, lot sizes and pricing are decided between buyer and seller, and processes can vary.
The indicative price reflects privately negotiated, over-the-counter deals between buyers and sellers rather than a live exchange-quoted price. It can move with the balance of demand and available supply, the company's financial performance, developments in the commodity-exchange sector and overall market sentiment. As an indicative figure, it may differ across sources and over time.
Reported reference details include CIN U51909MH2003PLC140116, ISIN INE127G01010 and a face value of ₹10 per share, with the company incorporated in 2003 and registered in Mumbai, Maharashtra. NCDEX operates as a deemed recognised stock exchange under SEBI regulation. These figures are for general information only and should be independently verified.
They can. If the company declares a dividend, unlisted shareholders are eligible like any other shareholder. Many unlisted firms reinvest profits, so dividends are not guaranteed.
After listing, unlisted shares convert into regular listed shares in your demat account and can be traded on the exchange, usually once any applicable SEBI lock-in period ends.
Unlisted shares are less liquid than listed shares. You can sell when a buyer is available through an off-market transfer; there is no continuous exchange market, so exits can take longer.
Unlisted shares carry higher risk and lower liquidity than listed shares, with fewer disclosures and no live market price. This is general information, not investment advice — assess suitability before investing.
An unlisted share price is an indicative, over-the-counter reference set by demand and supply in private deals between buyers and sellers. There is no live exchange quote, so prices can vary across dealers and over time.
Yes. Unlisted shares are delivered in dematerialised form, so you need an active demat account (NSDL or CDSL). No special account type is required — a regular demat account works.
Unlisted shares are sold through an off-market transfer to a buyer via a registered intermediary, settling from your demat account with a contract note. Liquidity depends on buyer availability, so exits can take longer than listed shares.
National Commodity and Derivatives Exchange Ltd. (NCDEX) vs similar unlisted Financials shares
Indicative over-the-counter prices, as of 16 July 2026. Information only — not a recommendation or ranking.