MPSEL was set up as an association of person in 1919 is the Third oldest stock Exchange in the Country after BSE & DSE. It was granted permanent recognition under the provisions of the Securities Contract (Regulation) Act, 1956 by the Government of India in 1988. MPSEL was corporatised as a Limited Company in 2006 and was Demutialised in January 2008. MPSEL currently has 185 broker members, including some of the leading brokering houses in India. Around 320 companies, including some of the leading corporates of the country are listed on MPSEL. MPSEL is launching its Trading Platform once again in September 2009 in association with other Stock Exchange. MPSEL has a 100 % Subsidery Company MPSE Securities Limited which is a member of National Stock Exchange(NSE), Bombay Stock Exchange and CDSL since 2002.
