| P&L Statement | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | 10 | 9 | 7 | 4.3 |
| Cost of Material Consumed | 17 | 23 | 29 | 21 |
| Change in Inventory | 0 | 0 | 0 | 0 |
| Gross Margins | -70 | -155.56 | -314.29 | -388.37 |
| Employee Benefit Expenses | 20 | 19 | 16 | 15 |
| Other Expenses | 8 | 16 | 16 | 10 |
| EBITDA | -35 | -49 | -54 | -41.7 |
| OPM | -350 | -544.44 | 14 | -969.77 |
| Other Income | 15 | 40 | 1 | 13 |
| Finance Cost | 0.6 | 0.4 | 6 | 0.26 |
| D&A | 10 | 11 | -60 | 5.1 |
| EBIT | -45 | -60 | -771.43 | -46.8 |
| EBIT Margins | -450 | -666.67 | -857.14 | -1088.37 |
| PBT | -31 | -20 | -48 | -35 |
| PBT Margins | -310 | -222.22 | -685.71 | -813.95 |
| Tax | -1 | -1.3 | 1 | -1 |
| PAT | -30 | -18.7 | -49 | -34 |
| NPM | -300 | -207.78 | -700 | -790.7 |
| EPS | -0.06 | -0.04 | -0.1 | -0.06 |
| Financial Ratios | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Operating Profit Margin | -350 | -544.44 | -771.43 | -969.77 |
| Net Profit Margin | -300 | -207.78 | -700 | -790.7 |
| Earning Per Share (Diluted) | -0.06 | -0.04 | -0.1 | -0.06 |
| Assets | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Fixed Assets | 24 | 14 | 11.5 | 8.7 |
| CWIP | 2 | 0.4 | 0 | 30 |
| Investments | 81 | 73 | 49 | 72 |
| Trade Receivables | 4 | 1 | 3 | 8.0 |
| Inventory | 0 | 0 | 0 | 0 |
| Other Assets | 340 | 210.6 | 185.5 | 232.5 |
| Total Assets | 451 | 299 | 249 | 444 |
| Liabilities | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Share Capital | 480.5 | 480.5 | 480.5 | 599.5 |
| FV | 1 | 1 | 1 | 1 |
| Reserves | -220 | -239 | -288 | -203 |
| Borrowings | 0 | 0 | 0 | 0 |
| Trade Payables | 0.58 | 1 | 3 | 0.8 |
| Other Liabilities | 189.92 | 56.5 | 53.5 | 46.7 |
| Total Liabilities | 451 | 299 | 249 | 444 |
| Cash-Flow Statement | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| PBT | -31 | -18 | -49 | -35 |
| OPBWC | -35 | -44 | -55 | -42 |
| Change in Receivables | -2 | 3.4 | -1 | 2.16 |
| Change in Inventories | 0 | 0 | 0 | 0 |
| Change in Payables | -0.8 | 0.3 | -2 | -1.76 |
| Other Changes | -7.7 | -129 | -1 | -26.4 |
| Working Capital Change | -10.5 | -125.3 | -4 | -26 |
| Cash Generated From Operations | -45.5 | -169.3 | -59 | -68 |
| Tax | 0.8 | -3 | 2 | 0 |
| Cash Flow From Operations | -44.7 | -172.3 | -57 | -68 |
| Purchase of PPE | -4.5 | -3 | -2 | -30.6 |
| Sale of PPE | 0 | 0 | 0 | 0 |
| Cash Flow From Investment | 60.5 | 168 | 9 | -133 |
| Borrowing | 0 | 0 | 0 | 0 |
| Dividend | 0 | 0 | 0 | 0 |
| Equity | 0 | 0 | 0 | 238 |
| Others From Financing | -3 | -3.3 | -2 | -3 |
| Cash Flow from Financing | -3 | -3.3 | -2 | 235 |
| Net Cash Generated | 12.8 | -7.6 | 50 | 34 |
| Cash at the Start | 1.9 | 15 | 63 | 14 |
| Cash at the End | 14.7 | 7.4 | 13 | 48 |
Metropolitan Stock Exchange of India Limited (MSEI) is one of the country’s recognized stock exchanges, established to promote transparent, technology-driven, and investor-friendly trading. The exchange offers a range of services including trading in currency derivatives, equity derivatives, debt instruments, interest rate futures, and ETFs. Backed by an advanced trading platform and a strong regulatory framework, MSEI was created to increase competition in India’s exchange ecosystem and support broader financial market participation. Over the years, the exchange has focused on improving liquidity, strengthening compliance standards, and enhancing visibility to position itself as a reliable alternative to dominant exchanges.
The unlisted shares of MSEI continue to draw attention from investors looking for long-term value in India’s rapidly expanding capital market space. Although MSEI’s current trading volumes are modest compared to larger exchanges, the organization holds regulatory approvals, nationwide infrastructure, and strategic potential that keep investor interest alive. Its ability to offer a diverse product portfolio and exchange-related services provides scope for future scalability. The unlisted share price generally depends on private market sentiment, availability of shares, and expectations of revival or restructuring within the exchange. Investors often view MSEI as a contrarian opportunity—one that carries higher risk but also the potential for significant upside if performance improves or strategic partnerships materialize.
Looking forward, MSEI’s growth will depend on its ability to boost liquidity, expand its membership base, strengthen technology, and attract market participants. Regulatory encouragement toward broader market access, new product offerings, and innovation in financial infrastructure could create tailwinds for the exchange. However, investors should carefully consider challenges such as competition from established exchanges, operational constraints, and the slow pace of ecosystem development. Despite these uncertainties, MSEI’s unlisted shares may appeal to investors with a high-risk appetite who believe in the long-term potential of India’s financial market expansion and the opportunities within the exchange services sector.
Q:1 How do I confirm the booking of Metropolitan Stock Exchange (MSEI) Unlisted Shares?Answer: You can confirm the booking by contacting us and providing the trading price for the shares you wish to purchase.
Q:2 What documents do I need to provide for purchasing MSEI Unlisted Shares?Answer: You need to provide your client master report, PAN Card, and a Cancelled Cheque.These are required KYC documents as per SEBI regulations.
Q:3 Where can I get my client master report if I don't have one?
Answer: You can request your broker for a copy of your client master report if you do not have it available.
Q:4 How do I transfer funds for the purchase of MSEI Unlisted Shares?Answer: We will provide you with the bank details to which you need to transfer the funds using RTGS, NEFT, IMPS, or cheque transfer.Cash deposits are not allowed.
Q:5 Can I pay for the shares using cash?
Answer: No, payment must be done through RTGS, NEFT, IMPS, or cheque transfer.Cash deposits are not permitted.
Q:6 From which bank account should I transfer the funds for the purchase?Answer: The payment must be made from the same bank account where the shares are to be credited, as indicated in your client master report.
Q:7 Is there a specific method I should use for the fund transfer?
Answer: You can use RTGS, NEFT, IMPS, or cheque transfer for the fund transfer.Ensure that cash deposits are avoided.
Q:8 What happens after I transfer the funds?
Answer: Once the funds are successfully transferred, the shares will be credited to the bank account specified in your client master report.