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:
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National Commodity and Derivatives Exchange (NCDEX)
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Multi Commodity Exchange (MCX)
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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:
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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.
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Commodity Tracking: Utilizes RFID tags for farm produce deposited at warehouses, allowing farmers to track their products in real time by scanning the tags.
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Access to Finance: Facilitates farmers and value chain participants in accessing institutional finance by using eNWRs as collateral.
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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:
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Membership Admission Fees: It Charges for entities to become members of the repository.
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Transaction Fees: This Fee is levied on the issuance and transfer of eNWRs.
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Other Membership Fees: These are additional charges for various services provided to members.
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Connectivity Charges: This fee is for integration with other platforms and exchanges.
