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Sanstar IPO allotment – How to check allotment, IPO GMP, listing date and more

Jul 24, 2024, 10:38 IST
Business Insider India
Sanstar Limited is all set to announce its IPO allotment todayiStock
  • Sanstar is expected to announce its IPO share allotment status on Wednesday, July 24.
  • The shares of Sanstar were subscribed 82.99 times.
  • The Sanstar shares are expected to be listed on the stock exchanges on July 26.
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Ahmedabad-based Sanstar, a company that manufactures speciality plant-based products and ingredient solutions for food, pet food and other applications is expected to announce the allotment status of its initial public offering (IPO) on Wednesday, July 24.

The Sanstar IPO opened on July 19 and closed on July 23. The price band for the Sanstar IPO was ₹90 to ₹95 per share.

Sanstar IPO subscription status

On its last day, the Sanstar IPO was subscribed 82.99 times, receiving bids for 311.95 crore equity shares against 3.76 crore shares on offer.

While the qualified institutional buyer (QIB) portion was subscribed 145.68 times, the non-institutional investor's portion was subscribed 136.50 times. The retail portion witnessed subdued participation and was subscribed 24.23 times.


Sanstar IPO Grey market premium

The shares of Sanstar are currently commanding a grey market premium (GMP) of ₹30 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges.
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How to check the Sanstar IPO’s allotment status

You can check the Sanstar IPO allotment status on the registrar’s website.

  • To check the Sanstar IPO allotment status, visit the registrar’s website here.
  • Click on ‘Select Company’ and then select ‘Sanstar’.
  • Now, enter your PAN, application number, DP / Client ID or Account number / IFSC.
  • Click on submit.
You will be able to see your Sanstar IPO application status. It will display the number of shares that you have applied for and the number of shares that have been allotted to you.

You can also check the Sanstar IPO allotment status on the BSE and NSE websites.

To check the allotment status on the BSE or NSE website:

  • Go to the BSE website.
  • On the website, click on 'Equity' and then select ‘Sanstar’ from the dropdown menu.
  • Now, enter your application number and PAN.
  • Click on 'Search'.
You will be able to see the number of Sanstar shares allotted to you.
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You can click here and log in to check your Sanstar IPO allotment status on NSE.

Sanstar IPO listing date

The shares of Sanstar will be listed on the stock exchanges on July 26.

Disclaimer: The content on this website is for informational purposes only and should not be construed as investment advice. We recommend that readers consult certified, qualified, registered advisors for professional and personalised financial advice.

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