Sanstar Limited IPO
Sanstar Limited was a mainboard IPO in the Other Agricultural Products sector, offered at ₹90–₹95 per share to raise ₹510 crore. The issue was subscribed 82.99× overall (QIBs 145.68×, NIIs 136.5×, retail 24.23×). It listed on 26 Jul 2024 at ₹109 and closed its first day at ₹115, a listing gain of +21.1% versus the ₹95 issue price. It now trades around ₹95 (-0.1% versus the issue price).
Frequently asked questions
- How many times was the Sanstar Limited IPO subscribed?
- The Sanstar Limited IPO was subscribed 82.99× overall — 145.68× in the QIB category, 136.5× among non-institutional investors, 24.23× in retail.
- What were the Sanstar Limited IPO listing gains?
- Sanstar Limited listed on 26 Jul 2024 at ₹109, closing its first day at ₹115 — a listing gain of +21.1% versus the ₹95 issue price.
- What were the retail allotment odds for the Sanstar Limited IPO?
- Retail was subscribed 24.23×, so a single-lot application had roughly a 4.1% chance of allotment (about 1 in 24), and allotment was finalised on 24 Jul 2024.
- What was the price band and lot size of the Sanstar Limited IPO?
- The price band was ₹90–₹95 per share, with a minimum lot of 150 shares (₹14,250 at the upper band).
- Who were the registrar and lead manager for the Sanstar Limited IPO?
- Link Intime India Private Limited was the registrar, and Pantomath Capital Advisors was the book-running lead manager.