Business and Operations
MSEI operates on advanced technology infrastructure designed for transparent, fast and secure trading. Its network spans brokers, banks, corporates, custodians, depositories, retail and institutional investors. Subsidiaries include MCX-SX KRA for KYC services and MCCIL for clearing and settlement support.
Funding and Revival Strategy
After a period of financial stress marked by declining revenues and losses, MSEI has attracted support from major investors and most recently raised ₹1,000 crore to fund its revival. The exchange is focusing on niche areas such as SME and start-up IPOs, fintech partnerships, and innovative products like micro derivative contracts and ESG indices. Strengthening governance and improving liquidity are key priorities.
IPO Plans
MSEI had previously considered an IPO, which was deferred due to weak performance. With fresh funding and a refined strategy, the exchange aims to build a differentiated identity rather than compete head-on with NSE and BSE. A future IPO timeline will depend on improved business performance and regulatory approvals.
Investment View
For investors, MSEI represents a high-risk but potentially rewarding long-term opportunity if the revival plan delivers on liquidity, governance, and product innovation.
FAQs on MSEI
What is MSEI?▾
The Metropolitan Stock Exchange of India (MSEI) is a SEBI-recognised trading platform offering equity, derivatives and corporate bond segments.
Who are MSEI’s subsidiaries?▾
Key subsidiaries include MCX-SX KRA (KYC services) and MCCIL (clearing and settlement).
Has MSEI raised new funding?▾
Yes, MSEI recently raised ₹1,000 crore to support its revival strategy and product innovation.
When is MSEI’s IPO expected?▾
An earlier plan targeted 2025 but was deferred. A fresh timeline depends on improved performance and regulatory approvals.