Fusion Techstack unlisted share price

Price history

About

Fusion Techstack Limited was known as Indian Commodity Exchange Limited (ICEX) until September 2025. ICEX ran a SEBI-regulated commodity derivatives exchange, with contracts in areas such as spices, metals and diamonds. The company voluntarily surrendered its exchange recognition, SEBI accepted this on March 29, 2023, and SEBI issued a formal Exit Order on December 10, 2024. It therefore ceased to be an exchange by the end of FY25. After that, shareholders approved changes to its Memorandum and Articles through a postal ballot on July 10, 2025. The Ministry of Corporate Affairs approved the new name, Fusion Techstack Limited, on September 09, 2025. The company says it wants to pursue new business in technology, data services and allied areas. The annual report does not yet show revenue from these new activities. The numbers show a company in transition. There was no revenue from operations in FY25 against ₹0.61 lakh in FY24. Other income, which is mostly interest and treasury income, was ₹616.10 lakh in FY25 against ₹961.34 lakh in FY24. Profit after tax was ₹110.32 lakh in FY25 against ₹291.66 lakh in FY24. These are standalone figures from the audited accounts. The company has no subsidiaries and no borrowings. The paid-up capital is 53,35,07,476 equity shares of ₹5 each as on March 31, 2025. Reliance Exchangenext Limited held 16.33% and MMTC Limited held 6.00% in the promoter list for that date. The company is led by Mr. Tridibnath Swain as Chief Executive Officer, with a board of five directors. Fusion Techstack is not listed on any stock exchange. Its unlisted shares are dealt off-market between buyers and sellers, and the indicative price on IPO Guru is ₹4.75 per share with a lot size of 10000 shares. These prices are only indications and not a recommendation. The company has not announced any IPO plan.