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Sanstar IPO Captures Solid Interest with 13.47x Subscription on Day 2!

On Day 2 of the Sanstar Ltd IPO, subscription rates are: QIBs at 1.29%, Non-Institutional Investors at 32.84%, and RIIs at 12.14%, with a total subscription of 13.47%.
Sanstar IPO Captures Solid Interest with 13.47x Subscription on Day 2!

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.

How to Check 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 IPO Subscription Status

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 3.86 times, and Retail Individual Investors (RIIs) subscribed 2.15 times, reflecting varied investor interest across different categories.

Sanstar Limited IPO Listing Date 

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

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