MSTC Limited
ListedMainboardServices (Commercial Services & Supplies) · NSE / BSE
MSTC Limited, incorporated in 1964 and headquartered in Kolkata, is a public sector undertaking engaged in bulk raw material trading and providing e-commerce services mainly to government and government-controlled entities; initially set up as a canalizing agency for ferrous scrap imports and exports, the company diversified after de-canalization and became a major player in e-commerce auctions and material trading, later entering the recycling segment in FY2017 through a 50:50 joint venture called Mahindra MSTC Recycling Pvt. Ltd., which focuses on auto shredding and recycling of end-of-life vehicles and white goods, while today MSTC operates across three core verticals—e-commerce, bulk material trading, and recycling—has conducted over 1.9 lakh e-auctions for more than 1.1 lakh users, runs platforms like E-RaKAM for agricultural trading, maintains a wide pan-India office network, and reported total revenue of ₹27,931.50 million with an EBITDA of ₹1,131.99 million in FY2018.
Price Band
₹120 – ₹128
Issue Size
₹212 Cr
Lot Size
90 shares
GMP
—
Est. Listing
₹128
at current GMP
Subscribed
—
Open
13 Mar 2019
Close
20 Mar 2019
Allotment
27 Mar 2019
Refund
28 Mar 2019
Demat Credit
29 Mar 2019
Listing
29 Mar 2019
Last updated 12 days ago
Official Registrar Verification
MSTC Limited Allotment Status
Designated Registrar: Alankit Assignments Limited
Allotment Date
27 Mar 2019
Basis finalization
Refunds Initiate
28 Mar 2019
Mandate release
Demat Credit
29 Mar 2019
Shares in demat
Listing Debut
29 Mar 2019
Trading begins
How to Check MSTC Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Alankit Assignments Limited's allotment portal.
- Select MSTC Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About MSTC Limited Public Issue & Market Profile
MSTC Limited is bringing an initial public offering (IPO) in the Services (Commercial Services & Supplies) sector with an aggregate issue size of ₹212.04 Crores. The shares are offered at a price band of ₹120 to ₹128 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Public Issue & Allotment Procedure:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Official Allotment Timelines & Registrar Guidance:
Following the close of bidding on 2019-03-20, the basis of allotment is scheduled to be finalized on 2019-03-27. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Alankit Assignments Limited) or the BSE allotment checking window.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.