Sanstar IPO is coming! Indian stock markets have been soaring high with the Sensex climbing higher and higher with each passing day of the week. The index closed at 80,716.55 yesterday. And taking advantage of this massive investor interest in equity markets are the initial public offers (IPOs) and the promoters are laughing all the way to the banks with their bags of money as investors shower love on them. And now, yet another primary issue is coming. This is the Sanstar IPO and it is already soaring high in the grey market. This also augurs well for the Sanstar IPO subscription. Here we take a close look also at Sanstar IPO GM today. Investors should make sure they thoroughly research every aspect of the issue in order to eye Sanstar IPO listing gains.
Sanstar IPO GMP today
The latest Sanstar IPO GMP today on July 17 is Rs 43. Sanstar IPO price band is Rs 95 (Upper end). That means the estimated Sanstar IPO listing price is likely to be as high as Rs 138. Sanstar IPO listing gain is estimated at 45.26% by the grey market. Do note that there is nothing official about these numbers and should serve only as a hint. Sanstar is based in Ahmedabad.
Sanstar IPO allotment date
Sanstar IPO allotment date is expected to be July 24, 2024. Refund process should commence soon thereafter.
Sanstar IPO subscription and listing date
Sanstar, which is a manufacturer of plant-based speciality products will be approaching the markets soon. Sanstar IPO subscription will open on Friday, July 19, 2024. Also, of course, the anchor book bidding will one day before, on July 18. The last date is July 23.
Sanstar IPO price band
Sanstar IPO price band has been fixed at between Rs 90 to Rs 95 per share. Bidding in one lot is allowed for a minimum of 150 equity shares and in multiples thereafter.
Sanstar IPO size
Sanstar IPO is looking to raise Rs 510.15 crore. Sanstar issue is a combo of a fresh issue of 4.18 crore shares. However, there is also an offer for sale (OFS) component and this is consists of 1.19 crore shares by stake sale through current shareholders.
Sanstar promoters
These include Rani Gouthamchand Chowdhary, Richa Sambhav Chowdhary, and Samiksha Shreyans Chowdhary, Shreyans Gautam Chowdhary, Gouthamchand Sohanlal Chowdhary, and Sambhav Gautam Chowdhary.
Sanstar IPO GMP today is already rising in a magnificent manner even though subscription has not started. Know Sanstar IPO listing date, allotment date, price, size, band and more. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
