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 Code | 542597 |
| NSE Code | MSTC |
| Group | T |
| ISIN No | INE255X01014 |
| Offer Price | Rs.120 |
| Face Value | Rs.10 |
| Listing Date | 29-March-19, Friday |
MSTC IPO Listing Price: Live Quote
| Details | BSE Listing | NSE 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)
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 | 1.18 | 1.46 |
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
0 Responses
I think this company will grow
Listing will be at 132