Sanstar IPO

Listed Listed stocks

Sanstar 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 indepth analysis about ipo

Subscription Status

  • Category

    Status

  • QIBs

    145.7x

  • NIIs

    136.5x

  • Retail

    24.2x

  • Others

    260x

  • Total

    83x

ipo banner

Recent IPOs

Name Price Band (Rs) Bidding Date
Simca Advertising 174 - 183 08-May-2026 to 12-May-2026
Recode Studios 150 - 158 05-May-2026 to 07-May-2026
Value 360 Communications 95 - 98 04-May-2026 to 06-May-2026
OnEMI Technology Solutions 162 - 171 30-Apr-2026 to 05-May-2026
IPO MonitorIPO Monitor

FAQs for Sanstar IPO.

The issue size of Sanstar is ₹510.15 Cr.

Sanstar falls into Food Processing industry.

The Sanstar IPO will be listed on both NSE and BSE.

The open and close dates for the Sanstar are 19-Jul-2024 & 23-Jul-2024.

The price band for the Sanstar ipo is ₹90 to ₹95

The listing date of Sanstar IPO is 26-Jul-2024.

The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.

Sanstar total subscription ratio is 83X.

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