Sanstar IPO is a book-built issue of Rs 510.15 crores. The issue is the 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 19 July 2024 and closes on 23 July 2024. The allotment for the Sanstar IPO is expected to be finalized on Wednesday, 24 July 2024. Sanstar IPO will be listed on NSE and BSE with a tentative date fixed as Friday, 26 July 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 needed by retail investors is ₹14,250. The maximum amount of investment required by retail investors is ₹199,500. The minimum lot size investment for HNI is 15 lots (2200 shares) amounting to ₹2,13,750.
Sanstar ltd. iPO GMP (gray market premium)
| GMP Date | IPO Price | GMP | Expected Listing | Last Updated |
|---|---|---|---|---|
| 13 July 2024 | ₹90-₹95 | ₹52 | ₹147(+54.74%) | 13 July 12:30 PM |
| 14 July 2024 | ₹90-₹95 | ₹50 | ₹145(+52.63%) | 14 July 2:30PM |
Sanstar IPO details
Sanstar IPO opens on July 19, 2024, and closes on July 23, 2024. The Listing date for Sanstar IPO is on July 26, 2024. The price band for IPO is ₹90 to ₹95 per share and lot size of 150 Shares.
| IPO Date | 19 July, 2024 to 23 July,2024 |
| Listing Date | 26 July, 2024 |
| Price | ₹90 to ₹95 Per Share |
| Lot Size | 150 Shares |
| Issue Size | ₹ 510.15 Cr. |
| Face Value | ₹2 Per Share |
Sanstar IPO Dates
| Event | Date |
|---|---|
| IPO Opening | 19 July, 2024 |
| IPO Closing | 23 July, 2024 |
| IPO Allotment Date | 24 July, 2024 |
| Refund Initiation | 25 July, 2024 |
| Shares Credit to Demat | 25 July, 2024 |
| Listing Date | 26 July, 2024 |
Sanstar IPO Lot size
The Lot size of this IPO is 150 shares. A retail-individual investor can apply for up to 14 lots (2100 shares or ₹1,99,500). A High Net-worth Individual can apply for a minimum of 15 lots (2250 shares or ₹2,13,750).
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Minimum) | 1 | 150 | ₹14,250 |
| Retail (Maximum) | 14 | 2100 | ₹1,95,500 |
| S-HNI (Minimum) | 15 | 2250 | ₹2,13,750 |
| S-HNI (Maximum) | 70 | 6650 | ₹9,97,500 |
| B-HNI (Minimum) | 71 | 6745 | ₹10,11,750 |
Sanstar IPO Promoter Holding
| Pre Issue Share Holding | 99.77% |
| Post Issue Share Holding | 70.37% |
Sanstar IPO Prospectus
- Sanstar IPO DRHP
- Sanstar IPO RHP
Sanstar IPO Registrar
Link Intime India Private Limited
Sanstar IPO Allotment Status
For the Sanstar IPO Allotment status check you can visit this link, select the IPO, and enter your PAN to check the allotment status.
Sanstar IPO FAQs
What is Sanstar IPO?
Sanstar IPO is a Mainline IPO. The issue size is ₹ 510.15 crore and ₹90 to ₹95 per equity share.
When Sanstar IPO will open?
Sanstar IPO will open on 19 July, 2024 for QIB, NII, and Retail Investors.
When Sanstar IPO will end?
Sanstar ipo will end on 23 July, 2024.
What is Sanstar IPO Size?
Sanstar IPO size is ₹ 510.15 Cr.
What is Sanstar IPO Price Band?
Sanstar IPO price band is ₹90 to ₹95 per share.
What is Sanstar IPO Investors Portion?
The investor’s portion for QIB – 50%, NII – 15% and, Retail – 35%.
What is the Sanstar IPO Allotment Date?
Sanstar’s IPO allotment date is 24 July 2024.
What is the Sanstar IPO Listing Date?
Sanstar IPO listing date is 26 July, 2024. The IPO is to be listed on NSE and BSE.
What Is The Sanstar IPO GMP?
Sanstar IPO GMP is 50 rs Per Share.
What is The Sanstar IPO Expected Listing Price?
Sanstar IPO Expected Listing Price is 145 Per Share.