MSP Steel & Power Ltd IPO


Subscription Details

  • Open Date 20 Jun
  • Close Date 24 Jun
  • Lot Size 500
  • IPO Size ₹ 16 Cr
  • IPO Price Range ₹ 10
  • Min Investment ₹ 5000

MSP Steel & Power Ltd IPO Timeline

Open Date
20 Jun
Close Date
24 Jun
Basis of Allotment
Credit to Demat Account
Listing Date

IPO Synopsis

1,60,00,000 Equity Shares of Rs. 10/- each for Cash at Par aggregating to Rs. 16 Crores of which 16,00,000 Equity Shares being 10% of the Issue Size to be compulsorily allotted to QIBS. The Project has a participation of Rs. 76.75 crores as term loan from Consortium of Banks.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of MSP Steel & Power Ltd IPO

Contact Information


1 Crooked Lane,
Kolkata, West Bengal 700069

MSP Steel & Power Ltd IPO Lead Manager

Microsec India Ltd
Open Demat Account