India Pepper and Spice Trade Association

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Trading Knowledge Base

CWC Warehouse Process

How it works?

Seller

The Seller client approaches IPSTA to sell his pepper stock in the eAuction Platform.

Deposit

Seller has to deposit the stock in CWC godown. IPSTA nominated Lab will test the lot.

Transfer

After testing, the approved stock ownership is transferred from Seller to IPSTA.

IPSTA

IPSTA officially posts the stock for auctioning on the Trading Platform.

Transfer

Traded stock ownership is transferred from IPSTA to the Buyer Client.

Withdraw

IPSTA releases the stock from the Warehouse for withdrawal.

Delivery process: eNWR based Delivery. Refer to the Product Note (Annexure 2) for more details.

Seller Warehouse Process

How it works?

Seller

The Seller client approaches IPSTA to sell his pepper stock in the eAuction Platform.

Deposit

The stock is stored in Seller's warehouse. IPSTA nominated Lab will test the lot at Seller's Warehouse.

Transfer

After testing, the approved stock ownership is transferred from Seller to IPSTA.

IPSTA

IPSTA officially posts the stock for auctioning on the Trading Platform on behalf of the Seller.

Transfer

Once Traded, the stock ownership is transferred from IPSTA to the Buyer Client.

Withdraw

Buyer collects the stock from the Seller's Warehouse upon IPSTA approval.

Delivery process: Non eNWR based Delivery (Physical Reciept). Refer to the Product Note (Annexure 7) for more details.

Our Trading Partners

NERL & CDSL

IPSTA conducts eAuction and Spot Trading in collaboration with
National E-Repository Limited (NERL) & Central Depository Services Limited (CDSL).
Our Empanelled Testing Laboratory Partners are Geo-Chem Laboratories Pvt. Ltd. &
Neogen Food & Animal Security (India) Pvt. Ltd.

NERL: National Commodity & Derivatives Exchange Limited (NCDEX), the largest
Agri Commodity Derivatives Exchange, has incorporated an institution and
a market intermediary, National E-Repository Limited (NERL) that provides a
platform for issuing negotiable warehouse receipts for commodities in electronic form.
NERL Fees & Charges
CDSL: was found in 1999 to fulfil one goal: Convenient, Dependable and
secured depository services. Over two decades later, everything we have done –
the values we have built on, dematerialisation of various asset classes, e-services –
have all been in support of that singular goal, at an affordable cost.
CDSL Fees & Charges

NERL NREL

Commissions and Charges

What is the Fee Structure?

One Time Non Refundable onboarding Fee:
(I) Fee for existing IPSTA Members - Rs.5000/-.
(II) Fee for Non-member Participant Clients - Rs.15000/-.

The Seller has to Pay Levy Charges as per below:
(I) For IPSTA Members Rs. 1/kg
(II) For Direct Participants Rs. 2/kg.

50% Discount will be given to all the above categories for the First
Six Months from the Date of Starting Online Spot Trading/ Auction and Offline Trades

Registration & Rules

Become a Participant

Any person who wants to participate on the E-Auction/Spot Trading
Platform has to register by filing Onboarding Agreement and has to submit KYC Documents.

Participants who are Non-Members of IPSTA can either register through
IPSTA Members or Register with IPSTA Directly but will have no rights
of a member other than the right to participate on the e-auction/spot platform.

Interested participants may also refer to the Product Note for
more information regarding the Product and how the trades are coducted.

Salient Features

Smart Tools of Trade

Our e-Auction platform & App provides our members with various features
to help them trade smoothly.

Live Bidding: Bid directly, Live, as and when the trade is open.
Buy & Sell your Product: Sell your product via IPSTA without the need to step out of your home!
Custom Settings: The portal allows you to manage your portfolio the way you want it!
100% Secure: We follow industry-standard encryption. Your transactions are fully secure.

The newly launched IPSTA Mobile App gives you the advantage
of trading from anywhere, at anytime.
Download Android App Download iOS App

IPSTA Online Trading

e-Auction Portal & App

IPSTA believes in giving the power to the investor. We offer a variety of services
on our Website and our newly launched Mobile App. A member investor can always come
to our Website or Mobile App and check the latest trading resources we offer.

Online Trading Portal Download Android App Download iOS App

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