MSTC IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 212.04 Cr. The company is based in Kolkata and caters to Online Service Provider sector. Equirus Capital is the merchant banker of MSTC IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th January 2019.
MSTC IPO open date is 13th March 2019 and close date is 20th March 2019. IPO Allotment Date is 25th March 2019 and Listing date is 29th March 2019.MSTC IPO size is ₹ 212.04 Cr. with IPO price of ₹ 120.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Equirus Capital Private Limited is the book-running lead manager of the MSTC IPO. Alankit Assignments Limited is the Registrar for MSTC IPO.
MSTC IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
MSTC IPO, based in Kolkata, operates in the Online Service Provider sector with a focus on e comm service provider to govt and govt controlled entities. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. MSTC IPO size is ₹ 212.04 Cr. with fresh issue size of ₹ 212 and Offer for sale being ₹ Nil
The IPO allotment date for MSTC IPO is expected to be 25th March 2019, after the finalization of basis of allotment. Investors can check MSTC IPO allotment status on the registrars website, Alankit Assignments Limited . MSTC IPO refund dates are 26th March 2019.
MSTC IPO is expected to be listed on 29th March 2019.
The upper price band for the MSTC IPO is set at ₹ 120.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on MSTC IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the MSTC IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 20th March 2019. After submission, funds are blocked until the basis of allotment of MSTC IPO is finalised.
The merchant banker for MSTC IPO is Equirus Capital Private Limited . Equirus Capital Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the MSTC IPO RHP for further details.
The registrar for MSTC IPO is Alankit Assignments Limited . Investors can go to Alankit Assignments Limited registrar website for IPO allotment status, refund processing, and other queries related to MSTC IPO through their official website or helpline.
MSTC IPO was subscribed 1.46 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
MSTC IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on MSTC Financial Review Page
Merchant Banker(s) of MSTC IPO: Equirus Capital Private Limited
MSTC IPO subscription was 1.46 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
MSTC IPO listed at a listing price of 114.20 against the offer price of 120.00.
The current market price of MSTC is 534.85.
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