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MSTC Ltd

NSE: MSTCLTD BSE: 542597

457.20

(1.17%)

Wed, 11 Mar 2026, 00:18 am

Company History

1964

  • The Company was incorporated as 'Metal Scrap Trade Corporation Limited', under the provisions of the Companies Act, 1956 on September 9, 1964 at Kolkata.
  • Incorporated for export of scrap.

1965

  • The Company was granted the certificate of commencement of business on April 12, 1965 by the RoC.

1973

  • Became a subsidiary Company of SAIL.

1979

  • Investment in Ferro Scrap Nigam Limited.

1982

  • Became an independent GoI Company under MoS.

2001

  • Accorded with Mini Ratna Category – II.

2002

  • Acquisition of remaining shares of Ferro Scrap Nigam Limited vide share sale agreement dated June 29, 2002 by virtue of which it became the wholly owned subsidiary.

2004

  • Commenced e-auctioning of coal.

2006

  • Awarded Mini Ratna Category I.

2007

  • Upgraded to Schedule 'B' Company.

2010

  • Commenced e-auction of Tea.

2011

  • Commenced E-Auction of human hair.

2012

  • Commenced e-auction of iron ore in Karnataka.
  • Commenced e- auction of chrome ore and chrome concentrate for Odisha Mining Corporation.
  • Signed milestone agreement with Government of Andhra Pradesh for e-commerce services.

2014

  • Commenced e-auction of iron ore in Goa and red sander in Andhra Pradesh.

2015

  • Commenced e-auction of coal mine blocks and subsidy disbursement for re-gasified liquified natural gas.

2016

  • Commenced e-bidding platform under DDUGJY and IPDS, DEEP, allocation of marginal oil field.
  • Entered into a JVA with MIL for setting up an auto shredding plant at Greater Noida, Uttar Pradesh.
  • Developed portal for e-auction of sixty seven (67) marginized oil and gas fields.
  • Launched E-mall MSTC Metal Mandi M3 portal.

2017

  • Conducted the first ever reverse auction of selection of Inter State Transmission Service Provider.
  • Commencement of portal 'E-RaKam' for selling agricultural produce in collaboration with CRWC.
  • Developed application for online lottery of LPG distributors by OMC for conducting on-line computerized draw of lots as per the requirement of the OMC.
  • E-solution 'RCS-UDAN' to the Ministry of Civil Aviation for transparent bidding process of Regional Air Connectivity Scheme (RCS).

2018

  • Entered into a Memorandum of Agreement with Transport Department, Government of NCT, Delhi for scientific collection, dismantling and recycling of vehicles.

2019

  • MSTC Limited signed an Agreement with Kerala State Electricity Board for providing e-procurement services to them for their solar project across the state.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800