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Sanstar Allotment Status, Subscription, and IPO Details

The Sanstar allotment is set for July 24, 2024, with shares priced at ₹90 to ₹95 per share. The offering allows bidding for lots of 150 shares or multiples thereof.
Sanstar Allotment Status, Subscription, and IPO Details

Sanstar Ltd IPO Allotment Status 

The allotment date for the Sanstar IPO is set for July 24, 2024, with shares priced at a range of ₹90 to ₹95 per share and a face value of ₹2. The offering consists of lots of 150 shares, with bids accepted for these lots or their multiples.

Sanstar Ltd IPO Allotment Status Check 

To ascertain their allocation status for the Sanstar IPO, investors can easily navigate through steps provided on either the BSE platform or the IPO registrar Link Intime Services website.

IPO Allotment Status BSE 

Here are steps to check Sanstar Limited IPO allotment status on BSE website

Step 1: Visit BSE website 

Step 2: Select ‘Equity’ under the Issue Type

Step 3: Choose Sanstar Ltd from the drop-down menu

Step 4: Enter Application No or PAN

Step 5: Click on ‘I am not a Robot’ and then hit on ‘Submit”

Step 1: Visit IPO registrar website – Link Intime Services

Step 2: Select ‘Sanstar’ from the Select Company dropdown menu

Step 3: Choose from PAN, Application No, DP/Client ID, or Account No/IFSC

Step 4: Enter the details as per the option selected

Step 5: Hit the Submit button

Your Sanstar IPO allotment status will be reflected on the screen.

Sanstar Limited IPO GMP Today

The Sanstar IPO GMP (Grey Market Premium) is ₹30 as of July 23.

Sanstar Limited IPO Subscription Status 

Sanstar Ltd IPO Day 2 subscription status shows Qualified Institutional Buyers (QIBs) at 1.29%, Non-Institutional Investors at 32.84%, and Retail Individual Investors (RIIs) at 12.14%. Overall, the total subscription stands at 13.47%. This reflects a varied response from different investor categories.

Also Read: Budget 2024 Highlights – Union Budget 2024-25

Sanstar Limited IPO Details

The Sanstar IPO, totaling Rs 510.15 crores, comprises a fresh issue of 4.18 crore shares and an offer for sale of 1.19 crore shares. Open from July 19 to 23, 2024, with an allotment date of July 24 and a listing date of July 26 on BSE, NSE. The price band is ₹90 to ₹95 per share. Pantomath Capital and Link Intime manage the IPO.

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