MSTC Limited IPO
MSTC Limited IPO is listed on NSE and BSE ( T - Group ), priced at ₹120–₹120 per share. The stock debuted at ₹115. The IPO had a lot size of ₹90 shares and a minimum investment of ₹10,800.
MSTC Limited IPO
- IPO Dates
- Mar 13, 2019 – Mar 20, 2019
- Price band
- ₹120 - 120 per equity share
- Minimum Investment
- ₹10,800
- Issue size
- Offer for Sale of approx. 1,76,70,400 Equity Shares of Rs 10 each at prince of Rs 121 - Rs 128 aggregating up to Rs 226.18 Cr
- Lot size
- 90
- Allotment Date
- Mar 27, 2019
- Listing
- Mar 29, 2019
- Listing At
- NSE, BSE ( T - Group )
IPO timeline
-
Mar 13, 2019
Open Date
Completed
-
Mar 20, 2019
Close Date
Completed
-
Mar 27, 2019
Allotment Date
Completed
-
Mar 29, 2019
Listing Date
Completed
MSTC Limited IPO Essentials
MSTC Limited IPO Details
MSTC Limited IPO is priced at ₹120 - 120 per share with a total issue size of Offer for Sale of approx. 1,76,70,400 Equity Shares of Rs 10 each at prince of Rs 121 - Rs 128 aggregating up to Rs 226.18 Cr. The IPO has a lot size of 90 shares and is listed on BSE and NSE.
- Issue price
- Rs 120 - Rs 128 per Equity Share (Rs 5.5/- discount per share for Retail Investors)
- Lot size
- 90 shares
- Face value
- Rs 10 Per Equity Share
- Issue size
- Offer for Sale of approx. 1,76,70,400 Equity Shares of Rs 10 each at prince of Rs 121 - Rs 128 aggregating up to Rs 226.18 Cr
- Listing at
- NSE, BSE ( T - Group )
- List price
- 115
- Listing date
- Registrar
- Alankit Assignments Limited
- Lead manager
-
Equirus Capital Private Limited
MSTC Limited IPO Details
- Retail Portion N/A
MSTC Limited IPO Analytics
MSTC Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
MSTC Limited IPO Subscription Status
MSTC Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
|
Retail | Employee | Total |
|---|---|---|---|---|---|
| Shares Offered / Reserved | 1,32,00,000 |
26,40,000
|
17,60,000 | 70,400 | 1,76,70,400 |
|
Day 1
13-03-19
|
0.00 x |
0.01x
|
0.44 x | 0.13 x | 0.05 x |
|
Day 2
14-03-19
|
0.00 x |
0.08x
|
1.05 x | 0.51 x | 0.12 x |
|
Day 3
15-03-19
|
0.79 x |
1.69x
|
2.74 x | 1.44 x | 1.12 x |
|
Day 4 - 18-03-19
|
0.85 x |
1.69x
|
2.80 x | 1.47 x | 1.17 x |
|
Day 5 - 19-03-19
|
0.85 x |
1.69x
|
2.85 x | 1.50 x | 1.18 x |
|
Day 6 - 20-03-19
|
1.13 x |
2.15x
|
2.95 x | 1.54 x | 1.46 x |
MSTC Limited Valuations
Earnings
- EPS (Post IPO)
- Rs - (1.39)
- P/E Ratio
- NA
Returns
- RoNW
- - (1.77)%
MSTC Limited Company & Offer Insights
MSTC Limited IPO Issue Objectives
- •
- To carry out the disinvestment of 1,76,70,400 Equity Shares by the Selling Shareholder in the Company constituting 25.10% of the Company's pre-Offer paid up Equity Share capital.
- •
- To achieve the benefits of listing the Equity Shares on the Stock Exchanges.
MSTC Limited IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| IndoStar Capital Finance Ltd | 2.17 | 24.73 | 11.08% | 719.92 |
| L&T Finance Holdings Ltd | 3.34 | 33.20 | 11.44% | 314.89 |
| Piramal Enterprises Ltd | 3.01 | 35.90 | 8.41% | 8737.40 |
| Aditya Birla Capital Ltd | 2.98 | 25.15 | 8.04% | 5885.87 |
| Capital First Ltd | 2.72 | 25.12 | 10.37% | 2800.86 |
| Shriram Trasport Finance Co. Ltd | 3.23 | 28.90 | 11.17% | 10,904.47 |
| Sundaram Finance Ltd | 4.09 | 28.79 | 14.19% | 5633.21 |
| Cholamandalam Investment and Finance Company Ltd | 6.28 | 37.77 | 16.63% | 4696.85 |
| Repco Home Finance Ltd | 3.51 | 21.50 | 16.32% | 1045.89 |
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
MSTC Limited IPO is a book-built IPO worth ₹Offer for Sale of approx. 1,76,70,400 Equity Shares of Rs 10 each at prince of Rs 121 - Rs 128 aggregating up to Rs 226.18 Cr. The price band is ₹120–₹120 per share. The IPO opens on Mar 13, 2019 and closes on Mar 20, 2019. It will be listed on BSE and NSE. Alankit Assignments Limited is the registrar.
The price band of MSTC Limited IPO is ₹120 to ₹120 per share.
The lot size of MSTC Limited IPO is 90 shares.
The minimum investment for MSTC Limited IPO is approximately ₹10,800 based on the upper price band .
MSTC Limited IPO opens on Mar 13, 2019 and closes on Mar 20, 2019.
The allotment date of MSTC Limited IPO is Mar 27, 2019.
MSTC Limited IPO is expected to be listed on Mar 29, 2019, on BSE and NSE .
MSTC Limited IPO valuation snapshot: P/E NA, EPS Rs - (1.39), P/B N/A, RoNW - (1.77)%, and market cap N/A.
To apply for MSTC Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of MSTC Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for MSTC Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check MSTC Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the MSTC Limited IPO allotment status on IPO Ji for quick and easy access.