Multi Commodity Exchange (MCX), the country's largest commodity bourse and the first to hit the capital market on February 22, will announce the price band for the issue tomorrow.

"The price band will be announced tomorrow," MCX managing director & CEO Lamon Rutten said today when asked about the price band for the proposed issue.

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The commodity bourse is not offering any discount to retail investors.

MCX Vice-Chairman Jignesh Shah, however, said the pricing would be such that it would be attractive to all investor classes.

MCX is also vying for anchor investor in the the public offering of 64.27 lakh shares or 12.6% of the total share equity.

Anchor investors have a reservation of 15% of the total share under offer in the issue. Some 2.5 lakh shares will be reserved for employees.

Promoter Financial Technologies (India) Ltd (FTIL) will sell 5.18% to bring down its stake in MCX to 26%. Other corporate investors like State Bank of India, Corporation Bank, Bank of Baroda, ICICI Lombard General Insurance, GLG Financials Fund and Alexandra Mauritius Ltd are diluting majority of their holdings in the secondary offering.

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