Sanstar IPO

Objective of the Issue

IPO Details
IPO Open Date	19 July 2024
IPO Close Date	23 July 2024
IPO Issue Size	5,37,00,000 shares (Aggregating up to ₹510.15 Cr)
Fresh Issue	4,18,00,000 Shares (Aggregating up to ₹397.10 Cr)
Offer for Sale	1,19,00,000 Shares (Aggregating up to ₹113.05 Cr)
Retail Portion	Not less than 35.00% of the net offer
NII Portion	Not less than 15.00% of the net offer
QIB Portion	Not more than 50.00% of the net offer
Listing At	NSE, BSE
IPO Price
Face Value	₹2 per share
IPO Price Band	₹90 to ₹95 per share
Employee Discount	—–
IPO Issue Type	Book built issue

IPO Market Lot For Retail Investor
No. of Shares Per Lot	150 Shares
Minimum Lot Size	1 Lot (150 Shares)
Minimum Amount (Cut-off price)	₹14,250
Maximum Lot Size	14 Lots (2100 Shares)
Maximum Amount (Cut-off price)	₹1,99,500
IPO Market Lot For S-HNI
No. of Shares Per Lot	150 Shares
Minimum Lot Size	15 Lots (2,250 Shares)
Minimum Amount (Cut-off price)	₹2,13,750
Maximum Lot Size	70 Lots (10,500 Shares)
Maximum Amount (Cut-off price)	₹9,97,500
IPO Market Lot For B-HNI
No. of Shares Per Lot	150 Shares
Minimum Lot Size	71 Lots (10,650 Shares)
Minimum Amount (Cut-off price)	₹1,011,750

Time Table (Tentative)
IPO Open Date	19 July 2024
IPO Close Date	23 July 2024
Basis of Allotment Date	24 July 2024
Initiation of Refunds	25 July 2024
Credit of Share to Demat Account	25 July 2024
IPO Listing Date	26 July 2024

Pre Issue Promotor Holding	99.77%
Post Issue Promotor Holding	70.37%

Sanstar House, near Parimal Under Bridge, opposite Suvidha Shopping Centre, Paldi, Ahmedabad – 380 007, Gujarat, India.

IPO Prospectus

IPO Registrar

Linkintime India Private Limited

IPO Lead Manager

Pantomath Capital Advisors Private Limited