Boat Unlisted Shares

₹1350

National Commodity & Derivatives Exchange (NCDEX) Limited Unlisted Shares

₹460

The National Commodity and Derivatives Exchange Limited (NCDEX) is India’s leading agricultural commodity exchange, providing a transparent and technology-driven platform for trading in agricultural futures and options. Headquartered in Mumbai, NCDEX was incorporated on April 23, 2003, and began operations on December 15, 2003. It is regulated by the Securities and Exchange Board of India (SEBI). NCDEX was promoted by major Indian financial institutions such as the National Stock Exchange (NSE), ICICI Bank, CRISIL, National Bank for Agriculture and Rural Development (NABARD), and Life Insurance Corporation (LIC) of India. Its aim is to provide farmers, traders, and investors with a fair, regulated, and efficient marketplace for agricultural commodities.The exchange facilitates trading in a wide range of agricultural products like soybean, chana, guar seed, turmeric, castor seed, jeera, and wheat, among others. These commodities form a significant part of India’s agricultural output and play a vital role in the country’s economy. NCDEX enables price discovery, risk management, and market connectivity, linking rural producers with urban investors through a nationwide trading and warehouse network.NCDEX uses advanced systems for clearing and settlement through the National Commodity Clearing Limited (NCCL), ensuring transparency in every transaction. It currently holds a dominant position in India’s agri-derivatives market, accounting for approximately 75–80% of the total trade in agricultural futures.In essence, NCDEX has transformed India’s agricultural commodities landscape by improving price transparency, hedging efficiency, and farmer participation, contributing significantly to the modernization and digitalization of Indian agriculture.

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