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IPO Snapshot
MSTC Ltd.
Issue Open Date 13-Mar-19  
Issue Closing Date 20-Mar-19  
Application Money 100  
Allotment Money  
Price Band 120 - 128  
Minimium Application No. 90  
Issue Size (Shares) 17670400  
Market Lot 1  
Objective
(i) to carry out the disinvestment of 17,670,400 Equity Shares by the Selling Shareholder in our Companyconstituting 25.10% of our Company’s pre-Offer paid up Equity Share capital; and(ii) to achieve the benefits of listing the Equity Shares on the Stock Exchanges.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   2640000   5665860   2.15  
Qualified Institutional Buyers   13200000   14860710   1.13  
Retail Individual Investors   1760000   5193990   2.95  
Business Description
Promoter's Holding
Total Share Capital   63251200  
Offered to Public   17670400  
Promoter's Holding (Pre-Issue)   89.85  
Promoter's Holding (Post-Issue)   64.75  
Address
225- C
Acharya Jagadish Bose Road

Kolkata,
West Bengal,
700020
Phone : 91-033-22900964,22877557/0568/9627
Email : mstcindia@mstcindia.co.in
Website : www.mstcindia.com
Registrar
Alankit Assignments Ltd
205-208
Anarkali Complex
Jhandewala Extension

New Delhi
Listed at
BSE, NSE
Lead Manager
Equirus Capital Pvt Ltd
Promoters
The President Of India Acting Through The Ministry Of Steel
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