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Sanstar Ltd IPO Draws Diverse Interest with a 1.91x Subscription on Day 1

Sanstar Ltd's IPO day 1 saw a 1.91x overall subscription, with QIBs at 0.04, Non-Institutional Investors at 3.86, and RIIs at 2.15, showing diverse investor interest.

Sanstar Ltd IPO on Day 1 saw a total subscription of 1.91 times. Qualified Institutional Buyers (QIBs) subscribed just 0.04 times, Non-Institutional Investors at 3.86 times, and Retail Individual Investors (RIIs) subscribed 2.15 times, reflecting varied investor interest across different categories.

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Sanstar Limited IPO Subscription Status

Steps to check Sanstar Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘Sanstar Limited IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Sanstar 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 Limited IPO Listing Date 

Sanstar IPO is expected to be listed on the NSE SME on July 26, 2024.

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