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MSTC IPO Subscription Details (Live Status)

MSTC IPO Details

IPO Open Mar 13, 2019
IPO Close Mar 20, 2019
IPO Price ₹120
Face Value ₹10
IPO Size ₹212.04 Cr
Listing At BSE, NSE
Lot Size 90
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MSTC IPO Subscription Status Live

MSTC IPO subscribed 1.46 times. The public issue subscribed 2.95 times in the retail category, 1.13 times in QIB, and 2.15 times in the NII category by Mar 20, 2019.

Investor CategorySubscription (times)
Qualified Institutions1.13
Non-Institutional Buyers2.15
Retail Investors2.95
Employees1.54
Others[.]
Total1.46

MSTC IPO Subscription Details (times)

DateQIBNIIRetailEMPTotal
Day 1
Mar 13, 2019
0.000.010.440.130.05
Day 2
Mar 14, 2019
0.000.081.050.510.12
Day 3
Mar 15, 2019
0.791.692.781.441.12
Day 4
Mar 18, 2019
0.851.692.801.471.17
Day 5
Mar 19, 2019
0.851.692.851.501.18
Day 6
Mar 20, 2019
1.132.152.951.541.46

MSTC IPO Shares Offered

MSTC IPO is a public issue of 17,670,400 equity shares. The issue offers 1,760,000 shares to retail investors, 13,200,000 shares to qualified institutional buyers, and 2,640,000 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
QIB13,200,000158.4074.70%
NII2,640,00031.6814.94%
Retail1,760,00021.129.96%
Employee70,4000.840.40%
Total17,670,400212.04100%

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The subscription data is taken from the NSE and BSE websites. They are subject to change on a real-time basis. The subscription data provided are for information purposes only and provided by Chittorgarh.com on an 'AS IS' and 'AS AVAILABLE' basis and without warranty, express or implied. Our website does not guarantee or warrant the accuracy, adequacy, or completeness of the information received through the said websites. Chittorgarh.com holds no responsibility of any kind as regards any discrepancies, errors, omissions, losses, or damages. Chittorgarh.com including its affiliates and any of its directors, and employees, shall not be liable for any loss, or damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of data received. The recipient alone shall be fully responsible / are liable for any decision taken based on such information/data. All recipients should before acting upon the said information make their investigation, and seek appropriate professional advice.

MSTC IPO Subscription FAQs

The MSTC IPO is subscribed 1.46 by Mar 20, 2019.

MSTC IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional1.13
Non Institutional2.15
Retail Individual2.95
Employee Reservations1.54
Others[.]
Total Subscription1.46

Retail category of MSTC IPO subscribed 2.95 times as of date Mar 20, 2019. The public issue closes on Mar 20, 2019 for bidding.

An investor can apply in MSTC IPO online via bank (using ASBA) or the broker (using UPI). The MSTC IPO shares are offered online only.

The MSTC IPO is subscribed 1.46 by Mar 20, 2019.

The MSTC IPO allotment status is expected on or around Mar 25, 2019. Visit MSTC IPO allotment status to check.

The MSTC IPO listing date is Friday, March 29, 2019. The equity share of MSTC Limited will list on BSE, NSE.

Visit MSTC IPO subscription status page for real-time bidding information about MSTC IPO.

MSTC IPO Timetable

IPO Opens OnMar 13, 2019
IPO Closes OnMar 20, 2019
Finalisation of Basis of AllotmentMar 25, 2019
Initiation of RefundsMar 26, 2019
Credit of Shares to Demat AccountMar 28, 2019
IPO Listing DateMar 29, 2019