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July 19, 2024 - July 23, 2024

Sanstar IPO FAQ

Sanstar IPO Date & Price

The Sanstar IPO opens on July 19, 2024 and closes on July 23, 2024.

Sanstar IPO timetable / schedule is as below:
  • Bid/Offer Opens On: July 19, 2024
  • Bid/Offer Closes On: July 23, 2024
  • Finalization of Basis of Allotment: July 24, 2024
  • Initiation of refunds: July 25, 2024
  • Credit of Equity Shares: July 25, 2024
  • Listing Date: July 26, 2024

Sanstar IPO price is set at ₹95 per equity share.

Sanstar IPO will close for subscription at 5 PM on July 23, 2024. But most brokers stop accepting application between 1 PM to 3 PM.

The Sanstar IPO starts on July 19, 2024. The issue ends on July 23, 2024.

Sanstar IPO Issue Size and Subscription Status

The Sanstar IPO size is 53700000 Equity Shares of ₹2 aggregating up to ₹510.15 Cr.

Sanstar Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Sanstar IPO shares through the banks (using ASBA) or through the broker (using UPI).

Sanstar IPO Offer Size

Qualified Institutional Buyers (QIB)10,740,000 Shares
Non-Institutional Investors (NII)8,055,000 Shares
Retail Individual Investor (RII)18,795,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size37,590,000 Shares

Sanstar IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)145.68 times times
Non-Institutional Investors (NII)136.49 times times
Retail Individual Investor (RII)24.23 times times
Employee Reservations times
Other Reservations times
Total Issue Size82.99 times times

Click here to check the Sanstar IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Sanstar IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Sanstar IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Sanstar IPO Allotment and Listing

The Sanstar IPO allot status will be available online on July 24, 2024. Check the Sanstar IPO Allotment Status here.

Click here to check Sanstar IPO Allotment Status.

Sanstar IPO listing Date is July 26, 2024. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Sanstar IPO listing date and time is published by the exchange in a circular.

Click here to view the Sanstar IPO Basis of Allotment.

It is hard to say at what price Sanstar IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Sanstar IPO shares will list on July 26, 2024 at BSE, NSE.

Sanstar IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Sanstar IPO which could help you with questions like Sanstar IPO buy or not? You should also read Sanstar IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Sanstar IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Sanstar IPO performance. The performance reports are available 1 day after listing.