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About
Us
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Our
Company was incorporated on April 26, 2005
as a Private Limited Company under the name
"GCM Commodity & Derivatives Private
Limited". Subsequently, our Company
was converted into a public limited company
and received the Fresh Certificate of Incorporation
dated June 14, 2013 issued by the Registrar
of Companies, West Bengal and the name was
changed to "GCM Commodity & Derivatives
Limited".
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We
are currently engaged in the business of
investing in National Spot Exchange Limited
(NSEL) Investment Products for arbitrage
opportunities and commodity broking. Our
Company provides commodity broking facilities
through its membership of NSEL. Our Company
become the Trading-cum-Clearing member of
National Spot Exchange Limited and started
the commodity broking business in May 2013.
In the past our Company was engaged in the
business of Commodity and Equity Trading.
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NSEL
Investment Products offer a unique low risk
high return investment opportunity in the
commodities market for Indian resident investors.
Add to this the short term nature of the
commodity contracts, they score extremely
high on the liquidity parameter. As new
contracts are traded everyday on the NSEL
(National Spot Exchange Limited), these
products are available virtually on tap
and provide investors with easy entry and
exit opportunities. The NSEL investment
product besides providing a new regular
income stream, also aids in portfolio diversification.
Currently our entire NSEL operations are
carried at our Corporate Office at Mumbai.
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To
further expand the business, we also plan
to take the Membership of Multi Commodity
Exchange of India Limited (MCX) out of the
proceeds of the IPO.
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Services
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| Our
Major Products, Secvices and Processes |
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Our
Company provides commodity broking
facilities through its membership
of NSEL. To expand our Commodity broking
we further intend to take membership
of MCX.
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We
are also in the business of investing
in NSEL Investment Products for arbitrage
opportunities since FY 2013 through
another broker. We have taken NSEL
membership in May 2013 and this will
also help us in reducing our brokerage
expenses on NSEL Investment Products.
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