Monday, February 13, 2012

MCX $125-m public issue on February 21

Multi Commodity Exchange (MCX), India's biggest commodity exchange by turnover, plans to launch an initial public offering of shares on February 21 to raise up to $125 million, sources said on Friday.India's first IPO of the year will be a key test of investor appetite for share sales after weak markets forced many companies to shelve stock offerings last year. The MCX public offering will open on February 21 for cornerstone investors and a day later for general investors.
Source: Financial Express

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