MSTC IPO

MSTC Limited (MSTCLTD) · mainboard IPO on NSE and BSE. Listed on 29 March 2019.

Listed 29 Mar Listing gain -4.2%

Issue details

Price band
₹120–128
Issue price
₹120
Lot size
—
Min. retail bid
—
Issue size
—
Bidding
13 Mar – 20 Mar 2019
Listing
29 Mar 2019
Retail quota
—

Listing day

Listed at
₹115
-4.2% vs issue price ₹120
Day's high
₹120
0.0% · low ₹111 (-7.5%)
Day's close
₹114
-5.0% · traded ₹4.9 Cr

Past IPOs with similar demand

Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to MSTC's, and how they listed.

IPOQIBNIIRetailTotalSizeListing gainDay high
TCNS Clothing Co.Jul 2018 —— —— — 0.0%+1.3%
Galaxy SurfactantsJan 2018 —— —— — +3.0%+17.2%
Salasar Techno EngineeringJul 2017 —— —— — +131.5%+143.1%
Mahanagar GasJun 2016 —— —— — +28.3%+30.4%
Parag Milk FoodsMay 2016 —— —— — +1.2%+16.1%
Equitas HoldingsApr 2016 —— —— — +31.9%+33.6%

Frequently asked

What is the MSTC IPO price band and lot size? ₹120–128 per share.

How did it list? It opened at ₹115, -4.2% against the issue price of ₹120, and closed its first day -5.0%.

Other IPOs of 2019

Important: The AI listing estimates on Flash Finance are statistical estimates drawn from how past Indian IPOs have listed. They are not a forecast of what any IPO will do, not a recommendation to apply, buy or sell, and not investment advice. Listing prices depend on market conditions on the listing day and can differ widely from any estimate; past patterns may not repeat. Subscription figures are as published by NSE (bids on NSE and BSE together) and can be revised. Flash Finance is not a SEBI-registered investment adviser or research analyst. Read the issue's Red Herring Prospectus and consult a SEBI-registered adviser before you invest.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI