MCX-SX

MCX-SX commences listing services

-         Commences with listing of 3 companies — Dabur India Ltd. being the first company to list on the exchange

-         Offers various benefits such as lower cost of issuance to issuers and zero processing fees and initial listing fee

-         Exchange would soon announce innovations for enhancing issuers' experience

 MCX-SX today commenced its listing services with three companies listing their securities on the Capital Market Segment of the Exchange — Dabur India Limited being the first company to come on board. With this, MCX-SX is now geared up to list shares of companies that are already listed on other exchanges and of those companies proposing to come out with initial public offerings.

MCX- SX has a simple listing fee structure, which is attractively priced in comparison with other exchanges. The Exchange offers benefits such as no processing fee and no initial listing fee, which makes MCX-SX the most attractive venue for listing of securities. The Exchange charges only annual listing fees based on a very simplified and reasonable structure, which is significantly less than the existing industry average.  This will translate into reduced cost of issuance and continuous listing for the companies listing on MCX-SX.

Welcoming these companies on board, Mr. Joseph Massey MD & CEO, MCX-SX, said:“We remain committed to offer issuers and ecosystem intermediaries best of service standards, which will be way above the current benchmark.  We would ensure continuous innovations for enhancing issuers’ experience.” 

Mr. Mohit Burman, Director, Dabur India Ltd, said, “We are delighted to list Dabur India Limited on MCX-SX. We are sure that the new stock exchange, with its wide network, will reach out to every nook and corner of the country and help the company as well as country in broad basing the investor base. We wish the team MCX-SX all the very best in their effort to create a world class stock exchange and a preferred destination for the issuers and investors.”

The Capital Market and Futures and Options segments of MCX-SX were inaugurated by Shri. P Chidambaram, Hon’ble Union Finance Minister, in Mumbai on February 9, 2013. Shri. U K Sinha, Chairman, Securities and Exchange Board of India (SEBI) and Dr. Arvind Mayaram, Secretary — Dept. of Economic Affairs, Ministry of Finance, Govt. of India were guests of honour on the occasion.

Companies listed on MCX-SX

S.No	Company Name	Sector
1	Dabur India Limited	Personal Goods
2	Pennar Industries Limited	Industrial Metal and Mining
3	D P S C Limited	Electricity

Listing Fee Schedule – MCX-SX

Initial Listing Fees - MCX-SX
S. No.		Slab (Rs. In Crores)	MCX-SX  (In Rs.)
1		Initial Listing Fees	NIL
Annual Listing Fees MCX-SX
S. No.	Paid upCapital (Rs. In Crores)			MCX-SX (In Rs.)
1	Upto Rs. 5 Crore			7,500
2	Above Rs. 5 Crore and upto Rs.10 Crores			15,000
3	Above Rs. 10 Crore and upto Rs.20 Crores			25,000
4	Above Rs. 20 Crores and upto Rs.50 Crores			50,000
5	Above Rs. 50 Crores and upto Rs.100 Crores			75,000
6	Above Rs. 100 Crores and upto Rs.250 Crores			125,000
7	Above Rs. 250 Crores and upto Rs.500 Crores			200,000
8	Above Rs. 500 Crores and upto Rs.750 Crores			325,000
9	Above Rs. 750 Crores and upto Rs.1000 Crores			475,000
10	Above Rs. 1000 Crores and upto Rs.2500 Crores			625,000
11	Above Rs. 2500 Crores			1,250,000