Archive · 24 Dec 2025
Kotak's MCX Investment Delivers 18x Return
Kotak Mahindra Bank made a big investment in a company called MCX in 2014 when it was having a tough time.
Kotak spent ₹459 crore to buy a part of MCX, and over 11 years, that investment has grown almost 18 times.
The stock price went from ₹600 to ₹10,795, and the company's value increased from ₹3,060 crore to ₹55,055 crore.
Kotak also earned ₹147 crore in dividends.
MCX is a very important company in India for trading things like gold, oil, and other commodities.
It's doing really well, especially in trading gold and energy products.
More people are trading on MCX, and it's making a lot of money.
However, there are some risks like system failures and changes in rules that could affect its growth.
Kotak Mahindra Bank invested ₹459 crore in MCX in 2014, which has grown 18 times to ₹8,258 crore.
MCX is India's largest commodity derivatives exchange, with a near-monopoly in the market.
The company's valuation has increased from ₹3,060 crore to ₹55,055 crore over 11 years.
MCX's growth is driven by bullion and energy segments, with significant increases in trading volumes.
The company's financial performance in Q2FY26 shows a 31% rise in revenue and a 29% increase in net profit.
- Who
- Kotak Mahindra Bank invested in Multi-Commodity Exchange of India (MCX)
- What
- Kotak's investment in MCX has grown 18 times over 11 years
- When
- Initial investment made in 2014
- Where
- India
- Why
- MCX is India's largest commodity derivatives exchange with significant growth in bullion and energy segments
- Investment Year
- 2014
- Initial Investment
- ₹459 crore
- Initial Share Price
- ₹600 per share
- Current Share Price
- ₹10,795
- Current Valuation
- ₹55,055 crore
- Dividends Earned
- ₹147 crore
- Current Investment Value
- ₹8,258 crore
- MCX Market Share
- 98.1% of commodity futures, 97.4% of commodity options