MSTC Limited IPO Message Board (Page 3)

Avoid, should not take risk for listing gain.

Taking calculated risk and making one application for minimum lot.
Positive factors:
Small issue
Small quota for retail investors ; hence less float in the market
Discount for retail investors
Prospects of business lines
Negative factor:
Only 0.1 subscription by QIBs till 14:45 today

The show will start now...

Employee quota 75% may be subscribed fully by end of day while in other PSUs this was not the case.

Employees are confidant or it is being managed?

employees Count is near around 351. Means on an average 2 LOT Per employee.(22000 Rs. Approx).
Company has very good Pay scale Hence they can afford it easily.Also trust factor is here.
Mostly employees are either Professional IT Experts or Finance Experts( CA,CS, CMA) degree holder. So we can assume they may not be influenced.

Jay Shyam Baba Ki.

Going by current subscription levels, either the issue date will be extended with revised prices or cancelled.

Wait till 3 PM.
VERY small size IPO.
It will subscribed very quickly.
But apply only if QIB exceed more than 10 times.

I am not applying due to uncertainty and instability in primary market. Right now busy in secondary market where more chances of profit in short term as well as long term. Many good stocks available at reasonable price.

Garden reach - 14% hal - 43% bdl -33% gicre -72% niacl -74%
Jab LIC Ka ho Saath to Disinvestment ke fikr ki chodo baat !!
Modi govt under Jaitley is playing with small investors long term savings !!

On positive note,
Which is the most promising business of this company ??

Scrap recycling business is looking good. Its a need of time.
Whats your opinion??

Metal prices have started to correct, Most psu cos are atms for management and politicians .. look at the state of Maharatna ONGC and coal India .. have they given small investors fair returns ??

Jab LIC ka ho saat to fikr ki chodo baat !
Govt of Modiji under a lawyer has a record of worst IPOs during his tenure
Ur Post Investment and small savings funds highest risk loss making activity of govt
like AIR India and Nafed and FCI ...
GIC and NIACL have record breaking losses 80+% from IPO prices as per chittorgarh

Still thinking of investing in a govt ipo ? what happened to UTI64 is goin to happen to hapless lic policyholders ...

R.R Patel and Gamble sir please give suggestions on MSTC and REIT issue

APPLY MAHENDRA IS CO PARTNER

Yaar yeh Asba kyu khatam ho raha h?
Jiske paas itne saare accounts hai wo kya kare?
Maine toh hdfc amc mei lagane ke liye dozen accounts open karwa liye the, faltu ke 300 per account chale gaye. :((

Asba khatam nahin ho raha hai bhai

Bhai khatam hi toh ho raha h kuch ipos baad upi se hi mandatory karna padega as far as I know.

Government selling scrap, don't get trapped. Avoid loss making company in election environment.

Avoid from my side.

Would i apply ipo threw my bank ac. online asba to some other multiple demat ?

Another PSU
Another Loss making company
Another ' T ' group IPO
Another ' SCRAP ' IPO

UPI is DeMonetisation of ASBA
& nothing else...

No , You can't.
Only one handset can be linked with one mobile number as it needs SMS to be sent for registration purpose.For five members , five handsets and five different mobile numbers are required.So it is better to stick with ' ASBA ' up to 5 main line IPOs in 2019. This is the 3rd main line IPO so far in 2019.

From my understanding of reading of SEBI circulars and other reports, UPI will be an additional option to the existing payment mechanism through the banks. A the moment 30% applications are lodged directly with banks and 70% through syndicate brokers who in turn send it to banks for blocking under ASBA. UPI performs same function as ASBA and money is transferred from bank after allotment.

UPI I link is already provided by also in online payments for mutual funds in some sites like ICICI Direct. Here investment is permitted from investors account only. ASBA with online application seems to continue , but with same principal that amount has to be invested from same linked bank account with PAN and DMAT. In other words all banks will disable 5 applications for IPO.
This is done to protect the investors to ensure subscription is not manipulated by operators and later using grey market. This will bring the realistic subscription or oversubscription which was necessary.

Applying in ipo has only got complicated with the change in mode of payment from bank asba to upi. Submitting application on issue days is just not enough from now on, investor will have to keep on checking upi notification after closing date... what if one is unable to do so...application will be rejected.
Instead they should have continued with same asba system with no offline applications allowed, which brokers forward to banks on ICD+1 (Issue Closing Date). With 100% margin in asba, is it impossible to make allotment in 3 working days as done in OFS.

Steps that should have been taken for existing system

All ipo asba applications should be made compulsorily ONLINE allowed upto 5pm in bank.
On ICD+1, banks forward the applications file to registrar who in consultation with issuer fix the issue price.
Allotment can be done on ICD+2 itself or max ICD+3.
If new system is introduced to check multiple applications from one bank account, then people creating multiple upi ids and bank accounts is not at all an uphill task.

Strictly avoid this ipo. Check all past psu ipo history, all shares are below issue price. Avoid and invest in secondary mkt good valuable stock as now momentom is back.

Grey started around 25-30

WHERE

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