Skip to main content
HOMEUNLISTED SHARESIPO CALENDARROAD TO IPOBLOGSPARTNER WITH US
MORE TO EXPLORE
OPEN DEMAT
ENQUIRE NOW
‹ ALL UNLISTED SHARES
National Commodity and Derivatives Exchange Ltd. (NCDEX) logo
UNLISTED COMPANY PROFILE

NATIONAL COMMODITY AND DERIVATIVES EXCHANGE LTD. (NCDEX)

FINANCIALS LINE
INDICATIVE PRICE / SHARE
₹382
▼ 1.5% · 30-DAY
OTC REFERENCE PRICE · NOT AN OFFER TO DEAL
PRICE AS OF 03 SEPT 2026
VIEW DATA METHOD →
REQUEST CURRENT DETAILS →
INDICATIVE PRICE HISTORY · DATED OBSERVATIONS SINCE 2024

PRICE HISTORY.

Use the left and right arrow keys to inspect dated observations. Home selects the first observation and End selects the latest.

₹525
₹198
09 May 2409 Apr 2603 Sept 26

ALL-TIME LOW
₹198
ALL-TIME HIGH
₹525
WINDOW
ALL
NOT A STOCK-EXCHANGE QUOTE · NOT AN OFFER TO DEAL
THE TIMETABLE · KEY NUMBERS

Key numbers

Published fundamentals and the date each figure was recorded.

CALCULATION METHOD →
Market cap
₹3,211 Cr
Latest available company data
Min. investment
₹11,460
Indicative price × lot size
Lot size
30
P/B ratio
2.30
EPS
-5.16
ROE
-3.05%
Book value
₹165.78
Face value
₹10
Debt / equity
0.01
ISIN
INE127G01010
Company security identifier

About this company

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.

COMPANY AT A GLANCE
Sector lineFinancials
SettlementNSDL & CDSL
Incorporated2003
Listing statusUnlisted / Pre-IPO
*INDICATIVE · TIMELINE MAY CHANGE · NOTHING FINAL UNTIL THE RHP

COMPANY REGISTRY · ON FILE

PUBLIC OR ADMIN-SUPPLIED DATA · VERIFY INDEPENDENTLY
CIN
U51909MH2003PLC140116
PAN
AABCI9479D
Depository
NSDL & CDSL
Incorporated
2003
Outstanding shares
8,96,94,972 shares (~8.97 crore); was 5,06,76,000 (~5.07 crore) prior to FY2025-26 equity expansion
Registered office
First Floor, Akruti Corporate Park, Near G. E. Garden, L.B.S. Road, Kanjurmarg (West), Mumbai 400078, Maharashtra, India
GET COMPANY UPDATES
Leave your email — our desk keeps you posted on this company.
THE LOGBOOK · FINANCIALS BY YEAR

WHAT THE ENGINE HAS DONE.

AMOUNT UNIT NOT VERIFIEDFY21FY22FY23FY24FY25FY26
REVENUE14,89015,44013,56013,60012,20615,337
PAT-1,830-1,790-4,240-2,77023,609-4,624
EPS (₹)-3-2-8-547-6
PAT MARGIN-12%-12%-31%-20%193%-30%
CAUTION · AMOUNT UNIT AND FIELD-LEVEL SOURCES HAVE NOT BEEN VERIFIED · DO NOT RELY ON THESE FIGURES WITHOUT CHECKING THE COMPANY FILING

THE CREW · BOARD & MANAGEMENT

Ashish Bahuguna
Chairman / Public Interest Director
Arun Raste
Managing Director & CEO
Atul Roongta
Chief Financial Officer
Hoshi D Bhagwagar
Company Secretary
Hemant Adarkar
Public Interest Director
Mukulita Vijayawargiya
Public Interest Director
R. Amalorpavanathan
Public Interest Director
Soma Sankara Prasad
Public Interest Director
Sanjeev Rohilla
Non-Independent Director
COMPANY TIMELINE · EVENTS
SEBI in-principle nod for mutual fund transaction platform (Dec 2025)

NCDEX announced it received in-principle approval from SEBI to launch a mutual fund transaction platform, which the exchange positioned as a precursor to its planned entry into the equity and equity derivatives segments.

READ THE NOTICE →
Q3 FY26 results: net loss narrows to ₹8.50 crore (quarter ended Dec 2025)

For Q3 FY26, NCDEX reported total income of ₹24.46 crore and revenue from operations of ₹6.47 crore, with the net loss narrowing to ₹8.50 crore from ₹11.82 crore in the prior quarter. The company noted ₹3.41 crore deployed toward its equity segment build-out as of December 2025.

Raised over ₹770 crore via preferential allotment; Citadel, Tower Research, Groww among backers (Aug 2025)

NCDEX raised over ₹500 crore (reported in total at around ₹770 crore via preferential allotment) from investors including Citadel Securities, Tower Research, Groww, JM Financial, Kotak Life Insurance and individual investors such as Radhakishan Damani and Sunil Singhania. Proceeds were earmarked for building out its equities business.

READ THE NOTICE →
SEBI in-principle approval to launch equity and equity derivatives segment (Jul 2025)

NCDEX received in-principle approval from SEBI to enter the equity cash and equity derivatives segments, marking a diversification beyond its commodity-only platform. The exchange indicated plans to begin with the cash segment, followed by derivatives, subject to final regulatory approval.

READ THE NOTICE →
FY25 results: net profit of ₹234 crore driven by asset sales (FY ended Mar 2025)

NCDEX reported a net profit of ₹234 crore for FY25 versus a loss of ₹27.7 crore the prior year, largely from one-time gains including the sale of its stake in Power Exchange India Ltd (PXIL). Revenue from operations declined to about ₹122 crore from ₹136 crore in FY24.

THE GLOVEBOX · ANNUAL REPORTS
ENQUIRE NOW →
NON-BINDING · NO PAYMENT · NOT AN OFFER TO DEAL
RESEARCH DESK · QUESTIONS

COMMON QUESTIONS.

Is National Commodity and Derivatives Exchange Ltd. (NCDEX) listed on the stock exchange?+

No. As of 3 September 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.

What is the National Commodity and Derivatives Exchange Ltd. (NCDEX) unlisted share price?+

As of 3 September 2026, the indicative unlisted share price of National Commodity and Derivatives Exchange Ltd. (NCDEX) is ₹382 per share. This is an over-the-counter reference price, not a stock-exchange quote.

What indicative minimum amount is displayed for National Commodity and Derivatives Exchange Ltd. (NCDEX) unlisted shares?+

The displayed unit count is 30 share(s); at the indicative price of about ₹382, the displayed amount is approximately ₹11,460. This is a display convention, not evidence of inventory, an order minimum or a quote.

What is the ISIN of National Commodity and Derivatives Exchange Ltd. (NCDEX)?+

The recorded ISIN of National Commodity and Derivatives Exchange Ltd. (NCDEX) is INE127G01010. 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 National Commodity and Derivatives Exchange Ltd. (NCDEX) 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.

SIMILAR COMPANY PROFILES
FINANCIALS LINE.
Prices shown are indicative over-the-counter reference prices, not an offer to deal. This page is information only and not investment advice. Unlisted shares carry higher risk and lower liquidity than listed shares. Settlement to your own demat account via NSDL / CDSL through registered intermediaries.
© 2026 BUYUNLISTEDSHARES · A BRAND OF GAYATRI FINANCIAL SYNERGY · SINCE 2002 · ‹ BACK TO HOME
TODAY'S INDICATIVE PRICES — PARAG PARIKH FINANCIAL ADVISORY SERVICES LIMITED ₹20,200 · CAPGEMINI TECHNOLOGY SERVICES INDIA LIMITED ₹10,400 · HDFC SECURITIES LIMITED ₹7,990 · NATIONAL STOCK EXCHANGE (NSE) ₹1,975 · BOAT (IMAGINE MARKETING LIMITED) ₹895 · CHENNAI SUPER KINGS (CSK) ₹249 · BIRA 91 (B9 BEVERAGES LIMITED) ₹80 · ZEPTO ₹32 · ORAVEL STAYS (OYO ROOMS) ₹24.5 · HUTTI GOLD MINES COMPANY LIMITED ₹1,19,838 — INDICATIVE, NOT AN OFFER TO DEAL —TODAY'S INDICATIVE PRICES — PARAG PARIKH FINANCIAL ADVISORY SERVICES LIMITED ₹20,200 · CAPGEMINI TECHNOLOGY SERVICES INDIA LIMITED ₹10,400 · HDFC SECURITIES LIMITED ₹7,990 · NATIONAL STOCK EXCHANGE (NSE) ₹1,975 · BOAT (IMAGINE MARKETING LIMITED) ₹895 · CHENNAI SUPER KINGS (CSK) ₹249 · BIRA 91 (B9 BEVERAGES LIMITED) ₹80 · ZEPTO ₹32 · ORAVEL STAYS (OYO ROOMS) ₹24.5 · HUTTI GOLD MINES COMPANY LIMITED ₹1,19,838 — INDICATIVE, NOT AN OFFER TO DEAL —