Metropolitan Stock Exchange of India Limited (MSEI) is a full-service national-level stock exchange licensed to operate across multiple segments including Equity, Equity Derivatives, Currency Derivatives, Debt, and the SME platform. The exchange has a live trading platform in all segments except the SME segment. MSEI operates through two subsidiaries—Metropolitan Clearing Corporation of India Limited (MCCIL), in which it holds an 86.94% stake, and MCX SX KYC Registration Agency Limited (MRAL), which is a wholly owned subsidiary. The shareholding structure of MSEI reflects strong institutional and individual participation, with banks and foreign institutional investors holding approximately 23.64%, including prominent public and private sector banks such as State Bank of India, Bank of Baroda, Punjab National Bank, Axis Bank, and HDFC Bank. Individual investors collectively hold around 40.47% of the equity, comprising well-known investors including Mr. Rakesh Jhunjhunwala, Mr. Radhakishan Damani, and Mr. Nemish Shah, among others.