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Total Issue Size
Fresh Issue + Offer For Sale
Fresh Issue (FI)
Proceeds go to the company
Offer For Sale (OFS)
Proceeds go to the existing investors
The money raised through the Offer for Sale goes to existing investors, not the company.
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MSTC Limited is a Miniratna Category-I Public Sector Undertaking (PSU) under the administrative control of the Ministry of Steel, Government of India. The company is a leading provider of e-commerce services, e-auctions, e-procurement, and bulk raw material trading services to diverse industrial sectors across the country. Incorporated in 1964 as Metal Scrap Trade Corporation Limited and headquartered in Kolkata, West Bengal, MSTC originally focused on scrap metal trading before transforming into a major digital e-auction platform. The company serves as a designated e-commerce portal for government entities, public sector undertakings, and private corporations for auctioning mineral blocks, coal, forest produce, and scrap assets. The business model comprises two primary operational pillars: e-commerce platform services, which deliver transparent, commission-based e-auction and e-procurement solutions, and trading operations, which involve sourcing and importing bulk industrial commodities such as scrap, steel, and petroleum products.
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Source: RHP • Analysis provided for informational purposes
Last Updated: 28 July 2026, 10:56 PM
Leading Public Sector E-Auction and E-Commerce Platform
Enjoys a dominant market position in government e-auctions, scrap trading, and public sector electronic procurement portals across India.
Diversified Business Revenue Streams
Combines fee-based e-commerce platform services with bulk commodity trading, offering operational resilience and steady service income.
Government Sponsorship and Strong Brand Trust
As a Miniratna PSU under the Ministry of Steel, the company benefits from strong institutional credibility, regulatory backing, and long-term client relationships.
Exposure to Commodity Price Volatility
Financial performance in the trading segment is sensitive to international price fluctuations of steel, scrap metal, and industrial raw materials.
Regulatory and Government Policy Reliance
Business volumes in e-auctions and mineral block allocation depend heavily on government policies, public sector divestments, and regulatory mandates.
Credit Risk in Bulk Trading Operations
Exposed to counterparty and credit default risks associated with bulk trading receivables from industrial buyers and trade partners.
MSTC Limited
Plot No. CF-18/2, Street No. 175, Action Area 1C, New Town, Kolkata, West Bengal, 700156
View on Maps →Alankit Assignments Limited
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