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Sanstar Limited IPO Date, Price, Review and Details

 

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Sanstar Limited IPO

July 19, 2024 - July 23, 2024 Closed

Sanstar Limited IPO

Sanstar Limited IPO was engaged in they are a leading manufacturer in India of plant-based specialty products and ingredients for food, animal nutrition, and various industrial uses.  Their 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. They have two manufacturing facilities covering a total area of about 10.68 million square feet (approximately 245 acres). These facilities are located in Dhule, Maharashtra, and Kutch, Gujarat. Their Dhule facility is the newest, focusing on sustainability and automation, and it was designed by their in-house team of 24 engineers.

Company Promoters

·       Gouthamchand Sohanlal Chowdhary
·       Sambhav Gautam Chowdhary
·       Shreyans Gautam Chowdhary

Objects of this Issue:

  • Funding the capital expenditure requirement for expansion of their Dhule Facility.
  • Repayment and/or pre-payment, in part or full, ofcertain borrowings availed by their Company.
  • General Corporate Purposes.

Financial Information of the Company:

 

Amount in Million (Rs.)

As on 31 Mar 2024

As on 31 Mar 2023

As on 31 Mar 2022

Total Assets

5275.69

3683.51

2074.53

Total Liabilities

5,902.35

1,812.2

6,322.39

Net Profit

667.67

418.05

59.71

Sanstar Limited IPO Schedule

1.     Bid or Offer Opens on: 19 July 2024
2.     Bid or Offer Closes on: 23 July 2024
3.     Finalization of BoA: 24 July 2024
4.     Initiation of Refunds: 25 July 2024
5.     Credit of share to Demat account: 25 July 2024
6.     Listing Date: 26 July 2024

Sanstar Limited IPO Lot Size

The market lot size of the SANSTAR LIMITED IPO is 1 share. Minimum and Maximum order quantity is as follows:

Application

Lots

Shares

Amount

Retail

Minimum

1

150

₹14,250

Maximum

14

2100

₹199,500

S-HNI

Minimum

15

2,250

₹213,750

S-HNI

Maximum

70

10,500

₹997,500

B-HNI

Minimum

71

10,650

₹1,011,750

Company Contact Details:

Sanstar Limited IPO

Sanstar House, near Parimal Under Bridge,

opposite Suvidha Shopping Centre, Paldi, Ahmedabad –380007, Gujarat, India

Phone:  7926651819

Email:   cs@sanstar.in

Website:  www.sanstar.in

 

Sanstar Limited IPO Registrar Details:

Link Intime India Private Limited

C-101, 1st Floor, 247 ParkLal Bahadur Shastri Marg,

Vikhroli (West) Mumbai 400 083 Maharashtra

Phone: 91 810 811 4949

Email: emcure.ipo@linkintime.co.in

Website: www.linkintime.co.in


Frequently Asked Question

You can apply for the IPO through your bank or stockbroker. Most applications are submitted online via ASBA (Application Supported by Blocked Amount) or through the respective broker's IPO application service.
Post-issue shareholdings of Sanstar Limited IPO promoters are 70.37%.
Sanstar Limited IPO shares will get listed at NSE, BSE.
Link Intime India Private Limited is the registrar of Sanstar Limited IPO.
Market lot size of the Sanstar Limited IPO is 150 shares.
Pre-issue shareholdings of Sanstar Limited IPO market promoters are 99.77%.
Sanstar Limited IPO is going to open on 19 July 2024.
You will receive the allotted shares in your Demat account on July 08, 2024.
Face value of equity shares of Sanstar Limited IPO is ₹10.
The meaning of "Sanstar Limited IPO GMP " is the Grey Market Premium (GMP) for the initial public offering (IPO) of Sanstar Limited IPO on the current day.
Sanstar Limited IPO will get listed on July 26, 2024.
Price of 1 share of Sanstar Limited IPO is ₹90 to ₹95.
Sanstar Limited IPO will be closed on 23 July 2024.
You can apply for an IPO from any place via the internet as it is an online process. You can apply for an IPO using 2 methods i.e., ASBA and UPI. ASBA facility is provided by your bank and UPI method is offered by your stockbroker. You can invest in Sanstar Limited IPO by using any one of these methods at your convenience.
If you do not get the allotment of platinum industries private limited shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
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