Sanstar IPO
ListedSanstar IPO Details
-
Bidding Date
19-Jul-2024 to
23-Jul-2024 -
Issue Size
₹510.15 Cr
-
Price Band
₹90 to ₹95
-
Allotment date
24-Jul-2024
-
Listing date
26-Jul-2024
-
Lot size
150
-
No. of shares
5,37,00,000
-
Fresh issue/OFS
₹397.1 Cr/₹113.05 Cr
About Sanstar Company
Established over five decades ago, Sanstar Ltd is a manufacturer of plant-based specialty products and ingredient solutions, catering to food, animal nutrition, and other industrial applications. Their merger with Sanstar Biopolymers Limited, a recognized Three Star Export House, further strengthened their position. The company specializes in a wide range of products, including Liquid Glucose, Dried Glucose Solids, Maltodextrin Powder, Dextrose Monohydrate, Native Maize Starches , Modified Maize Starches and several co-products - Germs, Gluten, Fiber, and Enriched Protein. Their state-of-the-art manufacturing facilities are located in Dhule, Maharashtra, and Kutch, Gujarat. These facilities cover a cumulative area of 10.68 million square feet and are strategically positioned near maize harvesting belts and seaports for efficient raw material sourcing and product export. Their products enhance taste, texture, and nutritional value in various applications - Food Industry, Animal Nutrition and Industrial Applications.
Read our in-depth analysis of the Sanstar Ltd IPO Here
Subscription Status
-
Category
Status
-
QIBs
145.7x
-
NIIs
136.5x
-
Retail
24.2x
-
Others
260x
-
Total
83x
FAQs for Sanstar IPO.
What is the issue size of Sanstar IPO?
The issue size of Sanstar is ₹510.15 Cr.
What is the industry of Sanstar?
Sanstar falls into Food Processing industry.
Where Sanstar IPO will be listed?
The Sanstar IPO will be listed on both NSE and BSE.
What are the open and close dates for the Sanstar IPO?
The open and close dates for the Sanstar are 19-Jul-2024 & 23-Jul-2024.
What are the price band for Sanstar IPO?
The price band for the Sanstar ipo is ₹90 to ₹95
What is the listing date of Sanstar IPO?
The listing date of Sanstar IPO is 26-Jul-2024.
What is the purpose for the Sanstar IPO?
The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.
How much times Sanstar IPO subscribed?
Sanstar total subscription ratio is 83X.
What are the key financials for the Sanstar IPO?
Key financial of the Sanstar are:
| Sanstar | FY-24 | FY-23 | FY-22 |
|---|---|---|---|
| Revenue (₹ Cr) | 1067.27 | 1205.07 | 504.4 |
| EBIT (₹ Cr) | 86.05 | 60.59 | 30.7 |
| Proft after Tax (₹ Cr) | 66.77 | 41.81 | 15.92 |
| Debt (₹ Cr) | 127.64 | 111.7 | 85.22 |
| Net Worth (₹ Cr) | 253.76 | 187.13 | 85.21 |
| RoE (%) | 26.31 | 22.34 | 18.68 |