๐ฅ Sanstar IPO Day 2 sees massive subscription rates and soaring Grey Market Premium (GMP)! Check out the frenzy! #SanstarIPO #StockMarket
Sanstar Limited, an Ahmedabad-based company, is creating a storm in the IPO market with its recent offering. The Day 2 subscription status witnessed full subscriptions within hours of the launch, with Non-Institutional Investors (NII) and retail investors leading the pack. The NII quota was oversubscribed by a staggering 9.85 times, reflecting the high demand for Sanstar shares.
In the grey market, unlisted shares of Sanstar Ltd are trading Rs 28 higher than the issue price, indicating a remarkable 29.47% premium. The company's IPO includes a fresh issue worth โน397.10 crores and an offer for sale of 1.19 crore shares, compounding the excitement among investors.
Investors are eagerly eyeing the price band of Rs 90-95 per share set by Sanstar for its IPO. With the opportunity to apply for a minimum of 150 shares, the IPO has already been subscribed 10 times on Day 2, showcasing the immense interest in the offering. Expert opinions and positive reviews further add to the IPO's allure.
As the Sanstar IPO gains momentum, potential buyers are keeping a close watch on the subscription rates and Grey Market Premium (GMP) trends. The IPO's reserve of 50% for qualified investors adds an element of exclusivity, enhancing its appeal among market participants.
Sanstar IPO subscription status saw full subscriptions within hours of launch, with NII and retail investors leading. NII quota oversubscribed by 9.85 times ...
Sanstar IPO: Unlisted shares of Sanstar Ltd are trading Rs 28 higher in the grey market as compared with its issue price, signalling a 29.47 per cent ...
The Ahmedabad-based company's IPO combines a fresh issue worth โน397.10 crore and an offer for sale of 1.19 crore shares (worth โน113.05 crore). Promoter ...
Ahmedabad-based Sanstar is selling its shares in the price band of Rs 90-95 apiece. Investors can apply for a minimum of 150 shares and its multiples ...
Sanstar IPO GMP Today: The three-day subscription period for Sanstar IPO began on Friday, July 19, and will end on Tuesday, July 23.
Sanstar IPO GMP today falls ahead of the second of the bidding process. Albeit, stock market experts have given positive Sanstar IPO Review.
The company has fixed a price band of Rs 90-95 per share, where investors can bid for 150 shares in one lot. About 50% in the IPO is reserved for qualified ...
Sanstar Ltd offers speciality products for various industries and has production sites in Dhule, Maharashtra, and Kutch, Gujarat.
Sanstar IPO | The participants picked 50.64 crore equity shares, against the offer size of 3.75 crore shares, the exchanges data showed.
The initial public offer of plant-based speciality products company Sanstar Ltd received 13.47 times subscription on the second day of share sale on Monday.
Sanstar Limited IPO GMP: Shares of the company are available at a premium of โน46 in the grey market today, say market observers.
Sanstar IPO subscription status shows high interest from investors, with NII leading the way, followed by retail, resulting in an overall subscription of ...
Sanstar IPO subscription Day 3: The initial public offering of Sanstar Limited has, so far, received a positive response from investors. The public issue has ...
The allotment details of Sanstar Limited are expected to be finalised by Wednesday, July 24, 2024. As per multiple websites that track the grey market ...
Last day to subscribe to Sanstar's IPO with overwhelming response from retail and HNIs, offering plant-based specialty products.
On July 18, prior to the IPO, Sanstar Limited secured โน153 Crore from anchor investors. The company allocated 1.61 Crore equity shares to 13 funds at โน95 per ...
Non-institutional investors placed 135.02 times subscriptions and Retail Individual Investors (RIIs), who placed 22.89 times subscriptions.
Ahmedabad-based Sanstar is selling its shares in the price band of Rs 90-95 apiece. Investors can apply for a minimum of 150 shares and its multiples ...
Sanstar IPO: Unlisted shares of Sanstar Ltd are trading Rs 30 higher in the grey market, signalling a 31.58 per cent listing gain from the public issue.
Sanstar IPO received overwhelming response from QIBs, NIIs, and retail investors. Subscription status at 82.98 times with bids for 3,11,93,87550 shares ...
Sanstar IPO Allotment Status is to be finalized on July 24. The refund will be initiated on July 25 and the shares will be credited to the Demat account on ...