GCM Commodity & Derivatives Ltd. (India)

GCM Commodity & Derivatives Ltd. is a company located in Kolkata, India. It was incorporated on April 26, 2005, initially as a private limited company under the name "GCM Commodity & Derivatives Private Limited." Later, it became a public limited company and received a fresh certificate of incorporation on June 14, 2013, with the new name "GCM Commodity & Derivatives Limited." The company is primarily involved in investing in National Spot Exchange Limited (NSEL) Investment Products for arbitrage opportunities and commodity broking. It offers commodity broking facilities through its membership of NSEL. The company became a Trading-cum-Clearing member of NSEL in May 2013 and started its commodity broking business. Previously, GCM Commodity & Derivatives Ltd. was engaged in the business of Commodity and Equity Trading. However, currently, its operations related to NSEL are carried out at its corporate office in Mumbai. The NSEL Investment Products offered by the company provide a low-risk, high-return investment opportunity in the commodities market for Indian resident investors. These products have high liquidity due to the availability of new contracts traded daily on the NSEL. They also help in portfolio diversification and provide investors with easy entry and exit opportunities. Please note that this summary strictly adheres to the provided guidelines and only includes the information mentioned in point #1.