NCDEX Raises ₹770 Crore to Enhance Technology and Expand into Multi-Asset Exchange

"The National Commodity & Derivatives Exchange (NCDEX) has successfully raised ₹770 crore through a preferential allotment of equity shares to 61 investors, including major institutional players. The funds will be utilized to enhance NCDEX's technology infrastructure, improve risk management, ensure regulatory compliance, and support market development initiatives as it transitions to a multi-asset exchange ahead of its planned equity market launch in 2026. SNG & Partners provided legal counsel throughout the transaction."

SNG & Partners participated in the transaction by advising the National Commodity & Derivatives Exchange (NCDEX) on a significant fundraise. The NCDEX successfully raised ₹770 crore through a preferential allotment of over 3.91 crore equity shares to a diverse group of 61 investors, which included leading institutional investors such as Tower Research Capital and Citadel Securities, as well as prominent individuals like Radhakishan Damani. The funds raised will be utilized to strengthen NCDEX’s technology infrastructure, enhance its risk management framework, ensure regulatory compliance, and support market-development initiatives in preparation for its planned equity market launch in 2026. The transaction was handled by Chandra Shekhar Mishra (Associate Partner), with support from associates Mohit Goyal and Yash Dogra. The transaction team also received strategic guidance from Amit Aggarwal (Managing Partner – Corporate & Non-Contentious Practice) and Aditya Vikram Dua (Partner & Head – Financial Services).

NCDEX Raises ₹770 Crore to Enhance Technology and Expand into Multi-Asset Exchange

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