The Metropolitan Stock Exchange of India (MSE) is the third major stock exchange in India after the National Stock Exchange and the Bombay Stock Exchange. Established in 2008 and based in Mumbai, it is regulated by the Securities and Exchange Board of India (SEBI). MSE operates a fully electronic and transparent platform for trading in equity, derivatives, currency and debt markets. Its clearing arm, the Metropolitan Clearing Corporation of India Ltd. (MCCIL), handles all trade settlements securely.

Full Name | Metropolitan Stock Exchange of India Limited |
Abbreviation | MSEI |
Year of Establishment | 2008 |
Headquarters | Mumbai, Maharashtra, India |
Regulatory Authority | Securities and Exchange Board of India (SEBI) |
Ownership | Public Limited Company |
Sector | Financial Services |
Industry | Stock Exchange |
Market Segments | Capital Market, Futures & Options, Currency Derivatives, Debt Market |
Clearing Corporation | Metropolitan Clearing Corporation of India Ltd. (MCCIL) |
IPO | To be announced |
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Latest Updates on MSEI IPO
There is no official announcement yet about the Metropolitan Stock Exchange of India (MSEI) IPO, and no direct “latest news” on it, but reports suggest the company has been raising funds privately.
MSEI has received a big investment of ₹238 crore from well-known investment firms like Billionbrains Garage Ventures Private Limited, Rainmatter Investments, Securocorp Securities India Private Limited, and Share India Securities Private Limited. This funding was done through private placement. Promoters of Groww and Zerodha’s Kamath brothers are also key investors contributing to this growth.
This could mean that MSEI is preparing for a public listing soon. Investors are eagerly waiting for updates, as many expect the IPO to happen in the near future.
Many people are now expecting MSEI to announce its IPO soon. Some already own MSEI’s unlisted shares and might plan to sell them after the IPO at a higher price. In this article, we will explain all the important details about the MSEI IPO and its public share issuance.
Important Details About MSEI IPO
MSEI IPO Expected Date | 2027-2028 |
MSEI IPO Size | To be updated very soon |
MSEI IPO Price Band | To be updated very soon |
MSEI IPO Lot Size | To be updated very soon |
MSEI IPO Face Value | To be updated very soon |
MSEI IPO Total Shares Offered | To be updated very soon |
MSEI IPO Type | To be updated very soon |
MSEI IPO Retail Reservation | To be updated very soon |
MSEI IPO GMP | To be updated very soon |
MSEI IPO Subscription Status | To be updated very soon |
MSEI IPO Oversubscription | To be updated very soon |
MSEI IPO Applications Received | To be updated very soon |
MSEI IPO Listing Date | To be updated very soon |
MSEI IPO Listing Price | To be updated very soon |
MSEI IPO Listing Gain/Loss | To be updated very soon |
MSEI IPO Highest Price Since Listing | To be updated very soon |
MSEI IPO Lowest Price Since Listing | To be updated very soon |
MSEI IPO Anchor Investor Lock-in Period | To be updated very soon |
How to Check the MSEI IPO on the SEBI Website?
You can check the MSEI IPO prospectus on the SEBI website by following these steps:
How to Check the MSEI IPO on the SEBI Website
- Open your web browser and go to www.sebi.gov.in
- On the homepage, click the “Filings” menu.
- From the dropdown, select “Public Issues.”
- Scroll down to the “Draft Offer Documents filed with SEBI” section.
- Use the search box to look for “Metropolitan Stock Exchange.”
Currently, there is no draft offer document available for MSEI IPO, as the exchange has not yet filed any IPO papers. Please revisit this page periodically to check for updates.
Miscellaneous Updates on the MSEI IPO
The National Stock Exchange (NSE) IPO is also in focus. Many experts believe that NSE’s IPO will happen before MSEI’s because NSE is the largest stock exchange in India. However, if SEBI clears NSE’s IPO, it could create a good opportunity for MSEI to launch its own IPO as well. This could attract more investors to exchange stocks.
As of March 25, 2025, SEBI (Securities and Exchange Board of India) is reviewing NSE’s long-delayed IPO. On March 24, 2025, SEBI Chairperson Tuhin Kanta Pandey said, “We are reviewing NSE’s IPO proposal and will work on resolving the issues around it.”
NSE had applied for a No Objection Certificate (NOC) in August 2024, but SEBI has not yet approved it.
For now, both IPOs remain a topic of speculation, and investors are hopeful about exciting opportunities in the stock market.
What does IPO mean?
An IPO, or Initial Public Offering, is when a private company offers its shares to the public for the first time. It allows the company to raise money from investors in exchange for ownership in the company.
After the IPO, the company’s shares are listed on a stock exchange, and anyone can buy or sell them.
How many ways can a company issue shares?
A company can issue shares in multiple ways to raise funds for its operations and growth. Two main stages of share issuance include pre-IPO and IPO stages. Let’s explore these methods in detail.
Pre-IPO Methods
Before going public, companies can issue shares through:
- Private Placement: In this method, shares are sold directly to a select group of investors, such as institutional investors or high-net-worth individuals.
- Unlisted Shares: Companies can also issue unlisted shares, which are not traded on stock exchanges. These shares are legal but are not regulated by market authorities. They are often traded over the counter (OTC), meaning transactions happen directly between buyers and sellers rather than through a formal exchange. This can make the process less transparent but offers flexibility for investors.
IPO Stage
An Initial Public Offering (IPO) is when a company offers its shares to the public for the first time.
IPOs are a way for companies to get listed on stock exchanges and raise substantial capital.
How to Buy MSEI Shares?
Currently, MSEI (Metropolitan Stock Exchange of India) shares can only be bought as unlisted shares. Here’s how you can do it:
Use Your Demat Account: Unlisted shares can be stored in a dematerialized form. Your existing Demat account with any broker can be used for this purpose.
Through Brokers: Some specialized brokers deal in unlisted shares. Contact them to understand the buying process.
Also Read – Understanding the Basics of Buying, Selling, and Stop Hunting in Financial Markets
Important Points About Unlisted Shares
- Legal Status: Unlisted shares are legal but not regulated by market authorities like SEBI (Securities and Exchange Board of India).
- Lock-In Period: If you buy unlisted shares, they come with a lock-in period of six months.
- Advantages:
- Opportunity to invest early in promising companies.
- Potential for higher returns if the company performs well post-listing.
- Disadvantages:
- Lack of regulation increases risk.
- Limited liquidity can make it challenging to sell these shares quickly.
This website will keep you informed about all the latest news on the MSEI IPO and other significant developments in the stock market.
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Disclaimer: This information is for educational purposes only and does not constitute financial advice. Always conduct your own research and consult with financial professionals before making investment decisions.