The multislit spectro-polarimeter (MSSP) is a grating-based littrow spectrograph with five slits at the entrance aperture. The polarimeter consists of a nematic liquid crystal variable retarder as the modulator and a Savart plate as an analyzer. It is one of the facility instruments on the Multiapplication Solar Telescope at the Udaipur Solar Observatory, developed to measure the magnetic fields of the Sun in the photosphere and chromosphere. MSSP currently operates only at 630.2 nm (FeI), but will be upgraded to cover CaII at 854.2 nm, HeI at 1083.2 nm, and FeI at 1565.3 nm. The spectrograph has a spectral dispersion of 15.8  mÅ  ±  1.2  mÅ at 630.2 nm. The polarimeter has a sensitivity of the order of ^{10  −  2} and the root mean squared noise in the Stokes spectrum (continuum wavelength points of Stokes Q, U, and V) is 0.015I. To obtain an estimate of the instrument induced polarization, an analytical model is developed to determine the polarization introduced by the telescope. A polarimetric calibration (PolCal) unit is used to calibrate the downstream optical path from the telescope exit pupil up to the detector in MSSP. A residual polarization cross talk of 10% is measured in the data after applying PolCal corrections. The polarimetric data obtained from the engineering run (first-light) are inverted using NICOLE, to extract the magnetic field parameters. The field strength derived from MSSP observations is compared with the data obtained from helioseismic and magnetic imager and is found to lie within ±70  G in the umbral region and ±200  G in the penumbral region.