SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Govt invites bids from transaction advisors to manage strategic sale of MSTC’s subsidiary

04 Nov 2020 Evaluate

The government has invited bids from transaction advisors to manage the strategic sale of MSTC’s subsidiary Ferro Scrap Nigam (FSNL). Under the administrative control of the steel ministry, FSNL has registered offices in Bhillai, Chhattisgarh, and is currently working with eight steel plants.

The government would appoint a transaction advisor from reputed consulting firms, investment bankers or financial institutions for providing advisory services to the Department of Investment and Public Asset Management (DIPAM) . They would be required to submit their bids by November 23.

MSTC is a Mini Ratna Category-I PSU under the administrative control of the Ministry of Steel, Government of India.

MSTC Share Price

455.85 1.75 (0.39%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Eternal 256.35
Meesho 200.05
Swiggy 280.80
FSN E-Commerce 272.90
Brainbees Solutions 235.95
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×