Sanstar IPO Subscription Status: Sanstar IPO is Open on 19 July, 2024 and Close on 23 July, 2024. Sanstar IPO to Raise 53,700,000 shares (Approx ₹510.15 Cr) via IPO. The Fresh Issue of 41,800,000 shares (Approx ₹397.10 Cr) and The Offer For Sale is 11,900,000 shares of ₹2 (Approx ₹113.05 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
Sanstar IPO is an Mainline IPO and Listed on NSE & BSE. Sanstar IPO Price Band is Fixed at ₹95 Equity Share. Sanstar IPO Lot Size is 150 Shares.
About Sanstar IPO :
- Sanstar are the third largest manufacturer of maize based speciality products and ingredient solutions in India. our Company has footprints across India, with its products being sold in 21 states
- We exported our products to 49 countries across Asia, Africa, Middle East, Americas, Europe and Oceania, during both six months ended September 30, 2023. Our two manufacturing facilities spread across cumulative area of 10.68 million square feet (approximate 245 Acres) are located at Dhule in the state of Maharashtra and Kutch in the state of Gujarat.
Sanstar IPO Subscription Status, Rate bid times
Inv Category
Shares Reserved
No. of Shares bid for
No. of Times (Subscription)
Qualified Buyers (QIBs)
1,07,40,000
1,56,45,82,800
145.68
Non Institutional Buyers (NIIs)
80,55,000
1,09,94,64,750
136.49
BNII
53,70,000
80,24,84,550
149.44
SNII
26,85,000
29,69,80,200
110.61
Retail Individual Buyers (RIIs)
1,87,95,000
45,54,13,350
24.23
Anchor Investor
1,61,10,000
1,61,10,000
1
Total
3,75,90,000
3,11,94,60,900
82.99
Sanstar Subscription Status day-by-day-
Categories
19 July
22 July
23 July
QIB
0.05
1.29
145.68
NII
9.89
32.91
136.49
RII
4.19
12.29
24.23
Total
4.23
13.56
82.99
Sanstar Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.
Who Is NII In IPO?
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).
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