Fusion Techstack Unlisted Share Price

About Fusion Techstack (Formerly known as Indian Commodity Exchange Limited (ICEX))

Fusion Techstack Limited (INDIAN COMMODITY EXCHANGE LIMITED) is a recognized Commodity Exchange of India regulated by SEBI (Securities and Exchange Board of India), having demutualized corporate structure, online trading, clearing, and settlement with best practices. Indian Commodity Exchange Limited aims to fulfill the objective of serving the benefits of the price discovery and risk management of the commodity derivatives market to the producers of that commodity.

In 2017, Indian Commodity Exchange Limited started its operations after obtaining permission from SEBI to re-commence its trading operations. In August 2017, it launched the Diamond Derivative contract of 1 carat. Indian Commodity Exchange Limited became the first exchange to launch the Diamond Derivative contract. In August 2018, the exchange launched Steel Long contract. In July 2019, the PaddyBasmati derivative contract was launched. Today, the Exchange has 14 commodities for trading on its platform. In December 2019, the ICEX MF Platform was launched, a mutual fund platform, to facilitate transactions in Mutual Funds.

The Exchange has outsourced the services of clearing, settlement, deliveries, risk management services, and any other applicable post-trade services to Metropolitan Clearing Corporation of India Limited.

Indian Commodity Exchange Limited is the first Exchange in India to adopt a global hi-tech platform that ensures automatic and seamless switchover from its Data Center (DC) to the Disaster Recovery (DR) site with zero data loss in case of exigencies. The technology platform has highly optimized processing techniques, which enables the system to handle very large orders with latencies under 300 microseconds.

Indian Commodity Exchange Limited has a network of 138 SEBI registered members, having 1298 Authorized Persons, operating through 3340 terminals including Computer to Computer Link (CTCL) across 329 cities/towns across India as of 31st March 2020.

Fusion Techstack (ICEX) Share Price, Share Details as of March 31, 2025

INCORPORATION DETAILS

PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY

BOARD OF DIRECTORS

Mr. Sushil Kumar Agrawal (Chairman, Independent Director)

Vaishali Vishwas kale (Director)

Suresh Babu Konakanchi  (Director)

Shantanu Anil Walke (Independent Director)

Gopala Ramaratnam (Independent Director)

PARTICULARS OF SUBSIDIARY AND ASSOCIATE COMPANIES

It does not have any subsidiary or associate company.

Shareholding Pattern of Fusion Techstack Limited (as on 31^st March 2025)

INDUSTRY OUTLOOK

 Until 2015, the commodity futures market was regulated by Forward Market Commission (FMC).In 2015, after the merger of FMC with the Securities and Exchange Board of India (SEBI), SEBI became the regulator of the commodity futures market. Commodity Exchanges play a vital role in promoting growth, transparency, and efficiency of the commodity futures markets. This role is defined by their functions, infrastructure capabilities, trading procedures, settlement, and risk management practices.

FY 2020 was steeped with uncertainties for India’s commodity markets. A slackened growth of the economy, the US-China trade war, weak currency due to frequent monetary easing and downgrades by multiple agencies, and a firm dollar as compared to the rupee and the aggravated US-Iran war-like conditions, are some of the factors which have led to the commodity markets lackluster performance.

Recently, SEBI has taken various steps to boost the commodity derivative market. In a major decision to strengthen the commodity market, SEBI permitted mutual funds to participate in commodity futures along with PMS. It enabled mutual funds and portfolio managers to participate in the Agri and non-Agri commodity derivatives segments (CDS). Earlier, Alternative Investment Funds (AIFs) were allowed to trade in commodities futures. Notablepoliciesinitiatives have been allowing commodity options, allowing foreign entities to hedge their exposure on commodities in Indian commodity exchanges, and allowing the introduction of commodity indices trade.

Other than the response to the Covid-19 pandemic, major factors to impact Indian commodity markets in the coming year include a resurrection in consumption demand, growth led by policy reforms, a move towards digitization, and the monetary stance of central banks of major economies, and the economic and trade policies. Coupled with strong demographic dividends and economic growth, consumer demand conditions in the country will remain strong for a long period. Additionally, a stable fiscal situation, moderate inflation rate, exports growth, and rising FDI inflow point towards fundamental stability in the economy, which augurs well for the markets

FAQ's on Fusion Techstack 

Q: What is the face value of Fusion Techstack Ltd shares?
Answer: The face value of Fusion Techstack Ltd is ₹5 per equity share.

Q: What is the minimum lot size for buying Fusion Techstack shares through WWIPL?
Answer: The minimum lot size for Fusion Techstack shares is 5,000 equity shares.

Q: How can I buy Fusion Techstack unlisted shares through WWIPL?
Answer: Investors can complete KYC, confirm the transaction details with WWIPL, transfer funds, and receive the shares directly in their Demat account.

Q: Why should I buy Fusion Techstack shares through WWIPL?
Answer: WWIPL offers transparent pricing, secure transactions, seamless Demat transfers, and end-to-end support for investing in unlisted shares.

Q: Is investing in Fusion Techstack Ltd a good idea?
Answer: Investors generally evaluate Fusion Techstack based on its role in exchange technology, financial market infrastructure, business performance, and long-term growth opportunities before investing.

Q: Why do investors buy Fusion Techstack shares before a potential IPO?
Answer: Investors seek early exposure to a financial market infrastructure company before a potential listing, aiming to benefit from future value creation and liquidity opportunities.

Q: What business does Fusion Techstack Ltd operate in?
Answer: Fusion Techstack operates the Indian Commodity Exchange ICEX and provides technology-driven infrastructure for commodity derivatives trading in India.

Q: What makes Fusion Techstack different from other unlisted financial services companies?
Answer: The company operates a regulated commodity exchange platform and leverages advanced exchange technology with high-speed trading infrastructure and post-trade integration.

Q: What are the key growth drivers for Fusion Techstack Ltd?
Answer: Growth in commodity derivatives trading, increasing market participation, digital trading infrastructure, regulatory support, and expansion of exchange products are key growth drivers.

Q: What factors affect the valuation of Fusion Techstack shares?
Answer: Trading volumes, exchange revenues, technology capabilities, regulatory developments, profitability, and growth in commodity markets influence the company's valuation.

Q: Are Fusion Techstack shares available in Demat form?
Answer: Yes. Shares purchased through WWIPL are transferred directly to the investor's Demat account.

Q: Can I sell my Fusion Techstack shares through WWIPL?
Answer: Yes. WWIPL facilitates both buying and selling of unlisted shares, subject to market demand and availability.

Q: What documents are required to buy Fusion Techstack shares through WWIPL?
Answer: Investors generally need PAN, Aadhaar, Client Master Report CMR, and bank account details to complete the transaction.

Q: What are the risks of investing in Fusion Techstack shares?
Answer: Investors should consider regulatory risks, competition from established exchanges, trading volume fluctuations, technology risks, and liquidity constraints associated with unlisted shares.

Q: How does WWIPL help investors track Fusion Techstack investments?
Answer: WWIPL provides company updates, transaction assistance, market insights, and ongoing investment support to help investors stay informed.

Q: How long does it take for Fusion Techstack shares purchased through WWIPL to be credited to a Demat account?
Answer: Shares are generally transferred to the investor's Demat account after successful completion and verification of the transaction.

Q: What should investors evaluate before investing in Fusion Techstack Ltd?
Answer: Investors should assess the company's financial performance, exchange business model, trading volumes, regulatory environment, valuation, and long-term growth prospects.

Q: Can Fusion Techstack benefit from the growth of India's commodity derivatives market?
Answer: Yes. Rising participation in commodity trading, increased digitization of financial markets, and expanding derivatives products could create long-term growth opportunities for the company.