Exchanges
BSE, NSE
Industry
Trading & Distributors
Issue
Book building

MSTC IPO

₹113.95

−5.04% on listing

Listing-day close · NSE · 29 Mar 2019 · issue price ₹120

MSTC’s ₹211 crore IPO was priced at ₹120 a share. It listed on the NSE on 29 Mar 2019 and closed its first day at ₹113.95, down 5.04% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹211 Cr
Fresh issue
—
Offer for sale
₹211 Cr
Lot size
90 shares
Minimum investment
₹10,800
Face value
₹10
Registrar
Alankit Assignments

Subscription

MSTC IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—1.36×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹845 Cr
Promoter holding
89.85% → 64.75%

From the offer documents.

Listing

Listing date
29 Mar 2019
Issue price
₹120
Open
₹115.00
High
₹120.00
Low
₹111.00
Close
₹113.95

Listing day on the NSE. The close was −5.04% on the issue price.

MSTC share price today

FAQs

When did the MSTC IPO open and close?

It opened on 13 Mar 2019 and closed on 20 Mar 2019.

What was the MSTC IPO price?

The price band was ₹120–128 a share. The final issue price was ₹120.

What is the lot size and minimum investment?

One lot is 90 shares, ₹10,800 at ₹120 a share. Retail investors apply in whole lots.

How much did MSTC raise?

₹211 crore: ₹211 crore offered by existing shareholders.

How many times was the MSTC IPO subscribed?

1.36 times overall.

How did MSTC list?

It listed on the NSE on 29 Mar 2019 at ₹115.00 and closed the day at ₹113.95, down 5.04% on the ₹120 issue price.

Who is the registrar of the MSTC IPO?

Alankit Assignments handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

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