MSTC Share Price

It has been more than 30 years since the MSTCa Government of India Company first began trading inside India and beyond. It is the official coordinating body for the import of Carbon Steel Melting Scrap, Sponge Iron/Hot Briquetted Iron, and Re-rollable Scarp into India from February 1992 forward. It also serves as a conduit for the disposal of decommissioned vessels. The company's Foreign Trade Division expanded its import operation to include Steel/Coal/Coke and other non-traditional commodities, including SKONon-Ferro and Ferro-alloy items, having previously specialized in the import and export of Carbon Steel Melting Scrap. In addition, the company is looking to bring in ferro alloys and IF/EAF input goods.

During 2000-2001, MSTC persisted in its attempts to diversify by expanding into the selling of completed steel produced at integrated steel facilities. For the domestic sale of Pig Iron, it also signed an MOU with KISCO. In addition, the corporation has begun developing an e-auction system that will enable vendor and buyer involvement via electronic means.

In addition to its headquarters in Kolkata, West Bengal, the PSU also maintains regional offices in Delhi, Mumbai, and Chennai, as well as a number of other cities across India. These include Chandigarh, Jaipur, Vadodara, Bhopal, Bhubaneswar, Guwahati, Bangalore, Lucknow, Ranchi, Raipur, Vizag, Trivandrum, and Hyderabad, among others. MSTC's new Patna and Dehradun location offices opened recently [when?]. FSNL is a public service enterprise that operates under it (Ferro Scrap Nigam Limited)

Through an offer for sale by the President of India acting through the ministry of steel Government of India (the selling shareholder) for cash at a price of Rs 120/- per equity share, MSTC Ltd. has gone public with an Initial Public Offering (IPO) of 17670400 equity shares of Face Value of Rs 10 each. This amounts to Rs 211.04 Crores. Every equity share in the IPO was sold for Rs 120/-. Do you want to know more about Mstc Shares? Click Here to know about Mstc Share Price for today.