The Sanstar IPO subscription status started on July 19, 2024, and QIB, NII, and RII are also subscribing to it. The Sanstar IPO opens on July 19, 2024, and will end on July 23, 2024. The Sanstar IPO is preparing to raise ₹510.15 crores through its fresh issue and offer for sale, in which the fresh issue is ₹397.10 crores and the offer for sale is ₹113.05 crores, and the Sanstar IPO price band is fixed at ₹90 to ₹95 per share. You can check Sanstar IPO GMP here.
Sanstar Limited manufactures specialty plant-based products and ingredient solutions for food, pet food, and other industrial applications in India. The company 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.
The Sanstar IPO reserved shares in this IPO, 50% for QIB 15% for NII, and 50% for the retail category have been reserved. To know the Sanstar IPO Subscription Status, you can see the below-day Subscription. You can check the Sanstar IPO Allotment Status here.
Sanstar IPO Review :
👉 Sanstar IPO Show Review ….👈
- ■ The company one of the major manufacturers of speciality products and ingredient solutions in India for food, animal nutrition and other industrial applications.
- ■ The company top line & bottom line posted contineous growth.
- ■ The company exports its products to over 49 countries globally.
- ■ The PE ratio of the company is very attarctive.
- ■ The company Issue price is slightly aggressive based on the PE Ratio but the company growth line is clear.
- ■ Based on FY24 the issue appears fully priced, Investors can bid the long-term investing.
Sanstar IPO Subscription Status {Live Update} :
The total Sanstar IPO Subscription Status subscribed 82.99x times so far, with QIB subscribed 145.68x and NII subscribed 136.50x times & RII 24.23x times on Day 3. (Closed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 0.05x | 1.29x | 145.68x |
| NII : _________ bNII (above ₹10L): sNII (below ₹10L): | 9.85x ______ 10.73x 8.07x | 32.85x ______ 31.99x 34.95x | 136.50x ______ 149.44x 110.61x |
| RII : | 4.07x | 12.15x | 24.23x |
| Total : | 4.16x | 13.48x | 82.99x |
Sanstar IPO Net Shares Offered:
The Sanstar IPO is a public issue of 53,700,000 equity shares. The issue offers 1,07,40,000 shares to qualified institutional buyers, 80,55,000 shares to non-institutional investors, and 1,87,95,000 shares to retail investors.
| Category | Net EQ Offer | Amount(in Cr) |
| Anchor : | 16,110,000 | 153.05 |
| QIB : | 1,07,40,000 | 102.03 |
| NII : ________________________ bNII (bids above ₹10L) : sNII (bids below ₹10L) : | 80,55,000 _____________ 53,70,000 26,85,000 | 76.52 _______ 51.02 25.50 |
| RII : | 1,87,95,000 | 178.55 |
| Total : | 53,700,000 | 510.15 |
Investor Categories Define :
■ Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, Mutual Funds, insurance companies, and pension schemes.
■ Non-Institutional Investors(NII): Retail Individual Investors, NRIs, Companies, Trusts, etc
● sNII (bids below Rs 10L): The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category.
● bNII (bids above Rs 10L): The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory.
■ Retail Individual Investors (RII): Retail Individual Investors or NRIs
■ Employee (EMP): Eligible Employees
■ Others: Eligible Shareholders
Sanstar IPO Subscription Status FAQs :
How much is the total Sanstar IPO Subscription Status?
The total Sanstar IPO Subscription Status is 82.99x times Day 3.
What is the Sanstar IPO retail subscription Status?
The Sanstar IPO Retail Subscription 24.23x times Day 3.
What is the Sanstar IPO QIB subscription Status?
The Sanstar IPO QIB subscription is 145.68x times Day 3.
What is the Sanstar IPO NII subscription status?
The Sanstar IPO NII Subscription 126.50x times Day 3.
When is the Sanstar IPO Allotment Date?
The Sanstar IPO allotment date is July 24, 2024.
When is the Sanstar IPO Listing Date?
Sanstar IPO listing date is July 26, 2024. The IPO is to be listed on BSE and NSE.
How to Apply for the Sanstar IPO through Zerodha?
Log in to the Console on the Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Sanstar IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Sanstar IPO through Upstox?
Log in to the Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Sanstar IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Sanstar IPO through Groww?
Log in to the Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Sanstar IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply for the Sanstar IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest in IPOs Section and Click on IPO. You will see the IPO Name “Sanstar IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Sanstar IPO GMP: Click Here Sanstar IPO Details: Click Here Sanstar IPO Allotment: Click Here Sanstar IPO Listing: Click Here |
All Sanstar IPO-related links are available here. If you want to know the details then click on the Click Here Link.
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