Multi Commodity Exchange of India Ltd MCX IPO Allotment Expectation

MCX IPO will open on Feb 22, 2012 and it is going to close on Feb 24, 2012. Price band has been fixed between Rs. 860 to Rs. 1032 a share. MCX will raise Rs 663 crore at the upper end of the band.

MCX had proposed to sell 64,27,378 equity shares out of which 9,26,606 shares were allocated to 12 anchor investors on Tuesday at Rs 1,032 a piece for a total of about Rs 96 crore.

Allotment » Retail investor (Rs. 2 lac application) should get 10 to 15 shares.

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