About National E-Repository Limited (NeRL)
A Comprehensive Overview of Price & Journey
Understanding National E-Repository Limited (NeRL) Inception and Growth
Overview
National E-Repository Limited (NeRL) is a Commodity Repository in India, established in February 2017 and promoted by institutions of national stature like NCDEX, NABARD, State Bank of India, and ICICI Bank. NeRL launched as a national-level market infrastructure institution that records and stores Warehouse Receipts in electronic form in the Indian commodities market under the aegis of WDRA.
Competitors:
National Commodity and Derivatives Exchange (NCDEX)
Multi Commodity Exchange (MCX)
Universal Commodity Exchange (UCX)
Dividend Details:
There is no publicly available information regarding dividend declarations by NeRL.
IPO Details:
As of now, NeRL has not announced any plans for an Initial Public Offering (IPO). Therefore, there is no available NeRL share price at this time.
Services Provided:
Electronic Warehouse Receipts (eNWR): NeRL provides a platform for issuing negotiable warehouse receipts for commodities in electronic form, enhancing efficiency and traceability in the commodities market.
Commodity Tracking: Utilizes RFID tags for farm produce deposited at warehouses, allowing farmers to track their products in real time by scanning the tags.
Access to Finance: Facilitates farmers and value chain participants in accessing institutional finance by using eNWRs as collateral.
Connectivity: Offers integration with commodity exchanges and e-auction platforms, providing a seamless trading experience.
Products:
Electronic Negotiable Warehouse Receipts (eNWR): Digital documents that prove ownership of commodities stored in warehouses, which can be used for trading and as collateral for loans.
Revenue Sources:
Membership Admission Fees: It Charges for entities to become members of the repository.
Transaction Fees: This Fee is levied on the issuance and transfer of eNWRs.
Other Membership Fees: These are additional charges for various services provided to members.
Connectivity Charges: This fee is for integration with other platforms and exchanges.