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March 13, 2019 - March 20, 2019

MSTC IPO FAQ

MSTC IPO Date & Price

The MSTC IPO opens on March 13, 2019 and closes on March 20, 2019.

MSTC IPO timetable / schedule is as below:
  • Bid/Offer Opens On: March 13, 2019
  • Bid/Offer Closes On: March 20, 2019
  • Finalization of Basis of Allotment: March 25, 2019
  • Initiation of refunds: March 26, 2019
  • Credit of Equity Shares: March 28, 2019
  • Listing Date: March 29, 2019

MSTC IPO price is set at ₹120 per equity share.

MSTC IPO will close for subscription at 5 PM on March 20, 2019. But most brokers stop accepting application between 1 PM to 3 PM.

The MSTC IPO starts on March 13, 2019. The issue ends on March 20, 2019.

MSTC IPO Issue Size and Subscription Status

The MSTC IPO size is 17670400 Equity Shares of ₹10 aggregating up to ₹212.04 Cr.

MSTC Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for MSTC IPO shares through the banks (using ASBA) or through the broker (using UPI).

MSTC IPO Offer Size

Qualified Institutional Buyers (QIB)13,200,000 Shares
Non-Institutional Investors (NII)2,640,000 Shares
Retail Individual Investor (RII)1,760,000 Shares
Employee Reservations70,400 Shares
Other Reservations0 Shares
Total Issue Size17,670,400 Shares

MSTC IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)1.13 times times
Non-Institutional Investors (NII)2.15 times times
Retail Individual Investor (RII)2.95 times times
Employee Reservations1.54 times times
Other Reservations times
Total Issue Size1.46 times times

Click here to check the MSTC IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in MSTC IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check MSTC IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

MSTC IPO Allotment and Listing

The MSTC IPO allot status will be available online on March 25, 2019. Check the MSTC IPO Allotment Status here.

Click here to check MSTC IPO Allotment Status.

MSTC IPO listing Date is March 29, 2019. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The MSTC IPO listing date and time is published by the exchange in a circular.

Click here to view the MSTC IPO Basis of Allotment.

It is hard to say at what price MSTC IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The MSTC IPO shares will list on March 29, 2019 at BSE, NSE.

MSTC IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about MSTC IPO which could help you with questions like MSTC IPO buy or not? You should also read MSTC IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

MSTC IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the MSTC IPO performance. The performance reports are available 1 day after listing.