The Metropolitan Stock Exchange (MSEI) has announced plans to raise Rs 1,000 crores. The initiative, approved during a board meeting held on July 8, 2025, aims to boost the exchange’s financial capabilities. According to the exchange’s statement, the Board of Directors approved the issuance of up to 500 crore equity shares at a face value of Rs.
1 each, at a premium of Rs. 1 each, to various categories of investors. The fundraising will see participation from a wide range of investors.
Peak XV Venture Partners Investments VII may invest around Rs 100 crores, while Monarch Networth Capital Limited is likely to invest around Rs 40 crores. Other prominent investors include Share India Securities Limited, Trust Investment Advisors Private Limited, Jainam Broking Limited, and many others. These investments will be made through private placements, contingent on the approval of MSEI’s members at an Extraordinary General Meeting.
This follows a previous approval in December last year where MSEI raised Rs 238 crores with participation from Billionbrains Garage Ventures, Rainmatter Investments, Securicorp Securities India, and Share India Securities.
MSEI’s plans to enhance growth
The new funding is expected to significantly enhance MSEI’s technology and systems.
The exchange plans to rejuvenate its equity derivatives segment, though developing a robust cash market segment remains an immediate priority. Latika Kundu, MSE’s managing director and chief executive, mentioned that the exchange had initiated upgrades to its network, infrastructure, and systems to improve connectivity and the trading experience. The exchange also plans to offer derivative contracts for its flagship SX40 index, with a unique Friday expiry planned.
Established in 2008 by Jignesh Shah and associated entities, MSE was originally known as MCX-SX. Shah was implicated in the National Spot Exchange Ltd fraud in 2013, though he denied any wrongdoing. This fundraising initiative marks a significant step in MSE’s journey to strengthen its market position and compete with its peers more effectively.
The investment by Monarch Networth Capital Limited and others aims to bolster their footprint in the financial services industry and leverage MSEI’s diverse trading platforms. As the company continues to grow, such strategic investments are vital for reinforcing its market presence and delivering value to its stakeholders. This latest strategic investment signifies a promising collaboration aimed at mutual growth and enhancement of services within the financial sector.