Thursday, March 28, 2019

MSTC IPO Listed at 115 on NSE & 111 on BSE against IPO Price of 120

MSTC ipo to list on the indices on 29th March 2019. As the PSU company not able to get the subscription on the given dates so they extended the dates and reduced the lower price band. As the gmp was not active we can assume the listing below the ipo price. It was not a good subscription numbers from QIB, HNI and even in Retail as well. Lets see how MSTC will list on the listing day.


BSE Code542597
NSE CodeMSTC
GroupT
ISIN NoINE255X01014
Offer PriceRs.120
Face ValueRs.10
Listing Date29-March-19, Friday

MSTC IPO Listing Price: Live Quote

DetailsBSE ListingNSE Listing
Listing Price
111.00
115.00
High Price
116.55
120.00
Low Price
110.05
111.00
Close Price
114.10
113.95


MSTC IPO Subscription Numbers (Fully Subscribed)
Category Day 4 Day 5 Day 6
QIB 0.85 0.85 1.13
HNI 1.69 1.69 2.15
RII 2.80 2.85 2.95
EMP 1.47 1.50 1.54
Total 1.17 1.181.46

MSTC IPO Dates & Price Band:
  • IPO Open: 13-March-2019
  • IPO Close: 20-March-2019
  • IPO Size: Approx Rs. 226 Crore (Approx)
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs.120 to 128  Per Share
  • Listing on: BSE & NSE
  • Retail Portion: 10%
  • QIB Portion: 75%
  • HNI Portion: 15%
  • Equity: 17,670,400 Shares
  • Discount: Rs.5.50 for Retail & Employee
MSTC IPO Market Lot:
  • Shares: Apply for 90 Shares (Minimum Lot Size)
  • Amount: Rs.11520 (For QIB & HNI)
  • Amount: Rs.11025 (For Retail & Employee)
MSTC IPO Allotment & Listing:
  • Basis of Allotment: 25-March-2019
  • Refunds: 26-March-2019
  • Credit to demat accounts: 28-March-2019
  • Listing: 29-March-2019