As of July 18, 2024, Sanstar IPO has a ₹41.50 as Grey Market Premium, with a price range of ₹90 to ₹95 per share. Offering lots of 150 shares, the subscription window is open from July 19 to July 23, 2024.
Sanstar Limited IPO GMP Today
The Grey Market Premium (GMP) for Sanstar Limited is ₹41.50 as of July 18, 2024. This assessment coincides with a price of ₹90 to ₹95 per share for the IPO.
Sanstar Limited IPO Review
Sanstar Limited’s financials show mixed results; revenues rose in 2023 but dipped in 2024, while PAT increased, reflecting higher profitability. The company decreased its debt dependence, but liquidity challenges and a slower inventory turnover indicate potential operational inefficiencies.
Despite these challenges, Sanstar Limited exhibited growth in total assets and a steady rise in equity and liabilities, suggesting expansion potential. However, its RoNW and current ratio declines raise concerns about its ability to generate returns and meet short-term obligations efficiently.
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Sanstar Limited IPO Date
Sanstar Limited will start accepting subscriptions from July 19, 2024, to July 23, 2024.
Sanstar Limited IPO Price
Sanstar Limited’s price range is ₹90 to ₹95 per share with a face value of ₹2 each.
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Sanstar Limited
Sanstar Limited, an Indian leader in plant-based specialty products for various industries, is the country’s fifth-largest maize product manufacturer with an annual capacity of 363,000 tons. Recognized as a Two-Star Export House, it exports to 49 countries and operates two certified facilities in Dhule and Kutch.
How To Apply For Sanstar Ltd IPO?
To apply for the Sanstar through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Sanstar on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the Sanstar IPO at Alice Blue in just a few clicks!