MSTC Limited


MSTC Limited is an Indian state-owned e-commerce company based in Kolkata, West Bengal. It is a Miniratna Category-I public sector undertaking, owned and operated by the Government of India with Profit Before Tax of INR 111.59 crore for fiscal year 2017-18. Incorporated on 9 September 1964, MSTC has 326 employees.
MSTC renders service to various e-commerce sectors, including e-auction, e-procurement, high sea sales, e-sales, and retail software. MSTC recently developed software to conduct online draw for new LPG distribution ship scheme which was conducted by state run oil marketing companies all over India. MSTC is also in the process of developing an online portal on behalf of the government for selling state-owned entities through an English auction system.
The company has its head office in Kolkata, West Bengal; four regional offices in Kolkata, Delhi, Mumbai and Chennai; and branch offices in Chandigarh, Jaipur, Vadodara, Bhopal, Bhubaneswar, Guwahati, Bangalore, Lucknow, Ranchi, Raipur, Vijaywada, Trichy, Vizag, and Hyderabad. MSTC has recently opened two new site office at Patna and Dehradun. It also has a subsidiary PSU company, FSNL.

History

MSTC have offices at 21 locations across India. There are four Regional offices, 13 Branch offices and 3 site offices Patna, Amravati and Tirupati.
The company is under the administrative control of Ministry of Steel, Govt. of India. Currently 64.75% share of the company is held by Govt. of India.

Joint venture

CERO is a joint venture of MSTC Ltd. and Mahindra Accelo. This JV company has set up the first auto shredding plant in India for recycling end of life vehicles and other white goods by converting these into shredded scrap which is a vital raw material of secondary steel plants.

Awards