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{{short description|Indian e-commerce company}}
{{Use dmy dates|date=July 2016}}
{{Use Indian English|date=July 2016}}
{{Infobox company
| name = '''MSTC Limited'''
| image_caption = MSTC Ltd Headquarters in Kolkata
| native_name = '''MSTC Limited'''
| native_name_lang = hi
| logo = Mstc logo big.png
| image = MSTC HQ NewTown Kolkata.jpg
| type = [[Public sector undertakings in India|Central Public Sector Undertakings]]
| traded_as = {{BSE|542597}} <br/>{{NSE|MSTCLTD}}
| key_people = Manobendra Ghoshal {{small|(Chairman & Managing Director)}}
| industry = E-commerce
| products = E-auction, e-procurement, e-sales, retail software
| revenue = {{decrease}} {{INRConvert|879.16|c}} (2022)<ref name=2022FY>{{Cite web |date=2023-05-23 |title=MSTC Ltd consolidated Q4 FY2023 PAT increases QoQ to Rs. 76.95 crores |url=https://www.equitybulls.com/category.php?id=332669 |access-date=2023-06-09 |website=EquityBulls}}</ref>
| foundation = {{Start date|1964|09|09|df=y}}
| location = Kolkata
| net_income = {{increase}} {{INRConvert|199.09|c}} (2022)<ref name=2022FY/>
| owner = [[Ministry of Steel]], [[Government of India]]
| parent =
| homepage = [http://www.mstcindia.co.in/index.html www.mstcindia.co.in]
}}

'''MSTC Limited''' (formerly known as Metal Scrap Trade Corporation Limited) is a [[Public sector undertakings in India|central public sector undertakings]] under the [[Ministry of Steel]], [[Government of India]]. It is involved in diversified e-commerce services. Its corporate office is in [[Kolkata]], [[West Bengal]] with regional branch offices in various other cities. The company reported a net profit of INR 112.95 crore for the fiscal year 2020-21. Incorporated on 9 September 1964, MSTC has 344 employees (as on 31 March 2020).

MSTC renders service to various [[e-commerce]] sectors, including [[e-auction]], [[e-procurement]], high sea sales, e-sales, and retail software. MSTC had developed software to conduct an online draw for the new LPG distribution ship scheme, which was conducted by state-run oil marketing psu's all over India.<ref>{{cite news | url=https://www.business-standard.com/article/economy-policy/lpg-dealership-expansion-gains-pace-117122800030_1.html | title=LPG dealership expansion gains pace | date=28 December 2017 | newspaper=Business Standard | first=Shine | last=Jacob | access-date=30 May 2019|url-access=subscription}}</ref> MSTC as of 2018 was also in the process of developing an online portal for divestment of state-owned entities through an [[English auction]] system.<ref>{{cite news|url=http://www.business-standard.com/article/companies/e-bidding-govt-to-explore-english-auction-system-for-disinvestment-118050700039_1.html|title=E-bidding: Govt to explore English auction system for disinvestment|first=Arindam|last=Majumder|newspaper=Business Standard India|date=7 May 2018|via=Business Standard|url-access=subscription}}</ref>

The PSU 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, Vizag, Trivandrum, Hyderabad, Patna, and Dehradun. FSNL (Ferro Scrap Nigam Limited) was a subsidiary of MSTC which was disinvested in 2025 to Konoike Transport Co. Ltd, a Japanese corporation for Rs. 320 crores.<ref>{{cite web | url=http://www.fsnl.nic.in/about-us.php | title=FSNL - Ferro Scrap Nigam Ltd }}</ref>

== History ==
* 1964 - Incorporated as a regulatory body for the export of scrap.
* 1982 - Independent company under [[Ministry of Steel]].
* 2002 - Awarded Miniratna Category-II status.
* 2004 - Started auctioning of coal.
* 2005 - Awarded Miniratna Category-I status.
* 2007 - Started e-auction of manganese ore.
* 2011 - Started e-auction of iron ore in Karnataka and human hair.<ref>{{cite news|url=http://www.business-standard.com/article/companies/q-a-s-k-tripathi-cmd-mstc-111113000016_1.html|title=Q&A: S K Tripathi, CMD, MSTC|first=Shine|last=Jacob|newspaper=Business Standard India|date=30 November 2011|via=Business Standard}}</ref>
* 2012 - Started e-auction of chrome ore, baryte, raw pet coke.
* 2013 - Started e-auction of forest products.
* 2014 - Started e-auction of iron ore in Goa and red sanders wood in Andhra Pradesh.<ref>{{cite news|url=http://www.thehindu.com/news/national/andhra-pradesh/stage-set-for-eauction-of-red-sanders/article6242256.ece|title=Stage set for e-auction of red sanders|first=Andhra Pradesh|last=Bureau|newspaper=The Hindu|date=24 July 2014|via=www.thehindu.com}}</ref>
* 2015 - E-auction of [[Coal mining in India|coal mine]] blocks<ref>{{cite news|url=https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/mstc-to-conduct-e-auction-of-coal-blocks-mjunction-cries-foul/articleshow/46036913.cms|title=MSTC to conduct E-auction of coal blocks, mjunction cries foul|first=Rakhi|last=Mazumdar|date=7 May 2018|newspaper=The Economic Times}}</ref> and regassified LNG.<ref>{{cite web|url=https://www.livemint.com/Industry/3Sc2Ol451XRGEi9qJsO5xO/Bidding-starts-for-imported-LNG-subsidy-16-power-companies.html|title=Bidding starts for imported LNG subsidy; 16 power companies in fray|last=PTI|work=mint |date=15 September 2015}}</ref>
* 2016 - Developed e-bidding platform under [[Deen Dayal Upadhyaya Gram Jyoti Yojana|DDUGJY]] & IPDS, DEEP and allocation of marginal oil field.<ref>{{cite news|url=http://www.business-standard.com/article/economy-policy/cabinet-awards-31-oil-blocks-to-22-firms-117021500790_1.html|title=Cabinet awards 31 oil blocks to 22 firms|first=Shine|last=Jacob|newspaper=Business Standard India|date=16 February 2017|via=Business Standard}}</ref>
* 2017 - Developed ERAKAM portal to provide e-auction platform to sell agricultural produce.<ref>{{Cite news|url=https://economictimes.indiatimes.com/news/economy/agriculture/government-launches-e-rakam-portal-for-selling-agri-produce/articleshow/59868582.cms|title=Government launches e-RaKAM portal for selling agri produce|newspaper=The Economic Times}}</ref>
* 2018 - Developed Online LPG Distributorship Draw Software for Oil Marketing Companies.<ref>{{Cite news|url=https://www.business-standard.com/article/economy-policy/lpg-dealership-expansion-gains-pace-117122800030_1.html|title=LPG dealership expansion gains pace|first=Shine|last=Jacob|newspaper=Business Standard India|date=28 December 2017|via=Business Standard}}</ref>

== Presence in India ==
MSTC is headquartered in [[New Town, Kolkata]].

MSTC have offices at 21 locations across India.<ref>{{cite web|url=https://www.mstcindia.co.in/content/Contact.aspx|via=MSTC LTD |title=Contact Us | MSTC Limited }}</ref> There are four regional offices, 13 branch offices and 1 site office [[Patna]] ([[Bihar]]).
* Regional Offices: ERO at [[Kolkata]], WRO at [[Mumbai]], SRO at [[Chennai]] and NRO at [[New Delhi]].
* Branch offices: [[Ranchi]], [[Guwahati]], [[Bhubaneswar]], [[Lucknow]], [[Chandigarh]], [[Bhopal]], [[Raipur]], [[Jaipur]], [[Vadodara]], [[Bangalore]], [[Trivandrum]], [[Vizag]] and [[Hyderabad]].
* Site offices: [[Patna]] ([[Bihar]])

== Ownership ==
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.

== CERO ==
CERO is a joint venture of MSTC Ltd. and [[Mahindra Group|Mahindra]] Accelo.<ref>{{Cite web |title=CERO (Mahindra MSTC Recycling Pvt. Ltd.) is India's First Authorized Recycler of Vehicles |url=https://www.mahindra.com/news-room/press-release/cero-mahindra-mstc-recycling-pvt-ltd-is-indias-first-authorized-recycler-of-vehicles |access-date=2022-04-16 |website=www.mahindra.com}}</ref> This Joint Venture 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, located in [[Greater Noida]].

== Financials ==
MSTC reported total income of Rs 879.16 crores during the financial year ended March 31, 2023, as compared to Rs 1123.32 crores during the financial year ended March 31, 2022. The company has posted a net profit of Rs 241.9567 crores for the financial year ended March 31, 2023, as against a net profit of Rs 199.0958 crores for the financial year ended March 31, 2022.<ref name="2022FY" />

== Awards ==
* Kolkata Best Employer Brand Awards 2017 by Employer Branding Institute, India<ref>{{cite web|url=http://www.employerbrandingawards.com/kolkata_bestemployer.html|title=Employer Branding Awards|website=employerbrandingawards.com}}</ref>

== References ==
{{reflist}}

== External links ==
* [http://www.mstcindia.co.in/index.html MSTC] {{Webarchive|url=https://web.archive.org/web/20190924183450/https://www.mstcindia.co.in/index.html |date=24 September 2019 }}
* [http://www.fsnl.co.in/ FSNL]
* [http://www.ddugjy.gov.in/portal/index.jsp DDUGJY] {{Webarchive|url=https://web.archive.org/web/20190827134104/http://ddugjy.gov.in/portal/index.jsp |date=27 August 2019 }}
* [https://www.mstcecommerce.com/auctionhome/ppa/index.jsp DEEP]
* [http://www.cerorecycling.com/about_cero CERO] {{Webarchive|url=https://web.archive.org/web/20190428041729/https://cerorecycling.com/about_cero |date=28 April 2019 }}
* [https://www.mstcecommerce.com/auctionhome/erakam/index.jsp ERAKAM]

{{Public Sector Undertakings in India}}

{{authority control}}

{{DEFAULTSORT:MSTC Limited}}
[[Category:Government-owned companies of India]]
[[Category:Indian companies established in 1964]]
[[Category:1964 establishments in West Bengal]]
[[Category:Companies based in Kolkata]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]

MSTC Limited - Revision history

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