Sanstar Limited IPO
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 18-07-2024 | 22-07-2024 | 2 | 95 | 150 Shares | BSE, NSE | 53,700,000 shares (aggregating up to ₹510.15 Cr) | 2024-07-23 18:30:00 | 0000-00-00 00:00:00 | 2024-07-24 18:30:00 | 25-07-2024 |
About The Company
Sanstar IPO is a book built issue of Rs 510.15 crores. The issue is a combination of fresh issue of 4.18 crore shares aggregating to Rs 397.10 crores and offer for sale of 1.19 crore shares aggregating to Rs 113.05 crores.
Sanstar IPO opens for subscription on July 19, 2024 and closes on July 23, 2024. The allotment for the Sanstar IPO is expected to be finalized on Wednesday, July 24, 2024. Sanstar IPO will list on BSE, NSE with tentative listing date fixed as Friday, July 26, 2024.
Sanstar IPO price band is set at ₹90 to ₹95 per share. The minimum lot size for an application is 150 Shares. The minimum amount of investment required by retail investors is ₹14,250. The minimum lot size investment for sNII is 15 lots (2,250 shares), amounting to ₹213,750, and for bNII, it is 71 lots (10,650 shares), amounting to ₹1,011,750.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 30-03-2024 | 528 | 1082 | 67 | 215.91 | 225.18 | 127.64 |
| 30-03-2023 | 368 | 1210 | 42 | 149.28 | 158.41 | 111.7 |
| 30-03-2022 | 207 | 505 | 16 | 48.97 | 55.69 | 85.22 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Anchor Investors | 1 |
| Qualified Institutions | 145.68 |
| Non-Institutional Buyers | 136.49 |
| bNII (bids above ₹10L) | 149.44 |
| sNII (bids below ₹10L) | 110.60 |
| Retail Investors | 24.23 |
| Total | 82.98 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 150 | 14250 |
| Retail (Max) | 14 | 2100 | 199500 |
| S-HNI (Min) | 15 | 2250 | 213750 |
| S-HNI (Max) | 70 | 10500 | 997500 |
| B-HNI (Min) | 71 | 10650 | 1011750 |
IPO Listing Details
| Listing Date | 25-07-2024 |
| BSE Script Code | - |
| NSE Symbol | SANSTAR |
| ISIN | INE08NE01025 |
| Final Issue Price | 95 |
Promoter holdings
Gouthamchand Sohanlal Chowdhary, Sambhav Gautam Chowdhary, and Shreyans Gautam Chowdhary are the company's promoters.
Contact Information of the Company
Sanstar Limited
Sanstar House, near Parimal Under Bridge,
Opp. Suvidha Shopping Centre, Paldi,
Ahmedabad – 380 007
Phone: +91 79 26651819
Email: cs@sanstar.in
Website: https://www.sanstar.in/
IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: sanstar.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
IPO Lead Manager
Pantomath Capital Advisors Pvt Ltd (Past IPO Performance)