The Sanstar has begun on 19-July-2024. It will close on 23-July-2024. The Total IPO Size is 510.15 Crore. The company set its IPO price is 90-95 Rs Per Share.
Basically, there are three basic categories in Sanstar IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Qualified Institutional Buyers.
Sanstar is incorporated in 1982.
Sanstar is one of the major manufacturers of plant based speciality products and ingredient solutions in India for food,animal nutrition and other industrial applications.
The products include liquid glucose, dried glucose solids, maltodextrin powder, dextrose monohydrate, native maize starches, modified maize starches and co-products like germs, gluten, fiber and enriched protein, amongst others.
They exported our products to 49 countries across Asia, Africa, Middle East, Americas, Europe and Oceania.
They have two manufacturing facilities spread across cumulative area of 10.68 million square feet (approximate 245 Acres) are located at Dhule in the state of Maharashtra and Kutch in the state of Gujarat.
Sanstar Promoters
Gouthamchand Sohanlal Chowdhary, Sambhav Gautam Chowdhary, and Shreyans Gautam Chowdhary is a Promotors of the company.
Sanstar IPO Date, Details & Price Band
The Sanstar IPO Price Band, IPO Dates, Market lot and other details mention in be below table.
| IPO Opening Dates | 19-July-2024 |
| IPO Closing Dates | 23-July-2024 |
| Price Band | 90-95 Rs |
| Fresh Issue | 397.10 Crore |
| Offer for sale IPO size | 113.05 Crore |
| Total IPO size | 510.15 Crore |
| Minimum bid (lot size) | 150 Shares |
| Face Value | 2 INR Per Share |
| Issue Type | Book Built Issue IPO |
| QIB Allocation | 50% |
| HNI Allocation | 15% |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Sanstar IPO Market Lot
The Sanstar IPO minimum market lot is 150 shares With 14,250 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 58 | 14,250 ₹ |
| Retail Maximum | 14 | 2100 | 199,500 ₹ |
Restated Financial Record of the three year (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-24 | 527.57 | 1,081.68 | 66.77 |
| 31-Mar-23 | 368.35 | 1,209.67 | 41.81 |
| 31-Mar-22 | 207.45 | 504.77 | 15.92 |
Sanstar IPO GMP & Grey Market Premium
Sanstar IPO GMP Grey market premium has been started today. Check Latest Sanstar IPO GMP, Kostak Rates and Subject to Sauda Price here.
Sanstar IPO Prospectus
Sanstar IPO Prospectus Available on BSE and Sebi Website as well as on our Portal. Please click here to Download Sanstar IPO Prospectus.
| DRHP | Download |
| RHP | Download |
| Anchor List | Download |
Sanstar IPO Form Download
Sanstar IPO form Available on NSE, BSE Website as well as on our Portal. Please click here to Download Sanstar IPO forms.
Sanstar IPO Allotment Date & Details
| Allotment Date | 24-July-2024 |
| Initiation of refunds | 25-July-2024 |
| Transfer of shares to Demat accounts | 25-July-2024 |
| Listing Date | 26-July-2024 |
| Check Allotment Status | Click here |
Registrar of Sanstar
Linkintime India Private Limited
Registered Office: C-101, 247 Park, 1st Floor, L.B.S. Marg, Vikhroli West, Mumbai – 400 083, Maharashtra,
India.
Telephone: +91 8108114949
Email and Investor Grievance Id: [email protected]
Website: www.linkintime.com
Contact Person: Shanti Gopalkrishnan
SEBI Registration No: INR000004058
Sanstar Contact Details
Sanstar House, near Parimal Under Bridge,
Opp. Suvidha Shopping Centre, Paldi,
Ahmedabad – 380 007
Phone: +91 79 26651819
Email: [email protected]
Website: https://www.sanstar.in/
Sanstar IPO Lead Managers
Pantomath Capital Advisors Private Limited
Registered Office:Pantomath
Nucleus House,Saki Vihar Road,
Andheri East, Mumbai -400 072
Maharashtra, India.
Telephone:18008898711
Email:[email protected]
Investor Grievance Id:[email protected]
Website:www.pantomathgroup.com
Contact Person: Ritu Agarwal/ Ashish Baid
SEBI Registration No: INM000011211