Sanstar Limited, founded in 1982, is planning an IPO of INR 510.15 crore. It manufactures specialty plant-based products.
The IPO contains a fresh issue of 4.18 crore shares for INR 397.10 crores and offer for sale of 1.19 crore shares for INR 113.05 crore.
Image: Freepik
Funds from the IPO will be utilized for Dhule facility expansion, debt repayment, and general corporate purposes.
Image: Freepik
IPO opens on July 19, 2024, and closes on July 23, 2024.
Image: Unsplash
Allotment is expected by July 24, 2024, and listing on July 26, 2024 (BSE & NSE).
Image: Freepik
The price band is ₹90 to ₹95 per share, with a lot size of 150 shares. The minimum retail investment is ₹14,250 (cut-off).
Image: Unsplash