MSTC IPO opens: Subscription can be a risky affair

State-owned trading company MSTC kicked off its initial public offering (IPO) but an in-depth look at its business model and financials shows subscribing to the issue is a risky bet. MSTC is into trading, e-auction and recycling business, and enjoys government ...

Wednesday, March 13, 2019

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MSTC IPO subscribed 3% on Day 1 so far

NEW DELHI: The initial public offer (IPO) by miniratna MSTC got off to a slow start on Wednesday, with the issue receiving bids for 4,77,090 shares by 2.15 pm, which was 3 per cent of the total issue size of 1,76,70,400 shares. At the upper price band of Rs ...
Wednesday, March 13, 2019

MSTC IPO opens with Rs 5.5 discount for retail investors; 5 key things to know

New Delhi: MSTC IPO opened for subscription on Wednesday, March 13, 2019, in an expectation to raise Rs 226 crore at the upper end of the price band. The Kolkata-headquartered e-commerce firm MSTC is primarily involved in e-commerce, trading and ...
Wednesday, March 13, 2019