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SANSTAREQ / NSE, BSEListed
Sanstar

Founded in 1982, Sanstar Limited is a leading Indian manufacturer of specialty plant-based products and ingredient solutions for food, pet food, and industrial applications. Its extensive product portfolio includes liquid glucose, dried glucose solids, maltodextrin powder, dextrose monohydrate, native and modified maize starches, and by-products such as germ, gluten, fiber, and fortified proteins, serving as thickeners, stabilizers, sweeteners, emulsifiers, and functional additives. The company operates two manufacturing facilities in Dhule, Maharashtra, and Kutch, Gujarat, covering 10.68 million sq. ft. with an installed capacity of 363,000 tons per annum, making it India’s fifth-largest corn-based specialty ingredients producer. Sanstar exports to 49 countries across Asia, Africa, the Middle East, America, Europe, and Oceania, with a pan-India presence in 22 states, and as of March 31, 2024, employs 271 people, including 60 permanent staff.

₹90 - ₹9582.98x sub
Listed Price₹109.00
Listing Gain+14.74%

IPO Schedule & Timeline

Bookbuilding IPO
Open19 Jul 2024
Close23 Jul 2024
Allotment24 Jul 2024
Listing26 Jul 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB2,68,50,000 shares
50%
Nii (hni)80,55,000 shares
15%
Retail1,87,95,000 shares
35%

Minimum Application Lots

Retail1 Lot (150 shares)
₹14,250
sHNI15 Lots (2,250 shares)
₹2,13,750
bHNI71 Lots (10,650 shares)
₹10,11,750

Company Promoters

Gouthamchand Sohanlal ChowdharySambhav Gautam ChowdharyShreyans Gautam Chowdhary

Company Background

Founded in 1982, Sanstar Limited is a leading Indian manufacturer of specialty plant-based products and ingredient solutions for food, pet food, and industrial applications. Its extensive product portfolio includes liquid glucose, dried glucose solids, maltodextrin powder, dextrose monohydrate, native and modified maize starches, and by-products such as germ...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-24)₹1081.68 Cr
Growth+114.3%
Revenue Trend (₹ in Crores)
0.0463.7927.41.4kMar-22Mar-23Mar-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-241,081.6866.77527.57127.64
Mar-231,209.6741.81368.35111.70
Mar-22504.7715.92207.4585.22

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-244.7530.92%25.43%19.9825.93
Mar-232.9828.00%23.82%00
Mar-221.0832.51%23.19%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
24 Jul 2024
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
26 Jul 2024

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Sanstar. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization24 Jul 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date26 Jul 2024Trading commences on exchange

How to Check Sanstar Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Sanstar from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Sanstar IPO

Complete issue overview for Sanstar (SANSTAR) IPO. The issue features an equity share price band of ₹90 – ₹95 per share with a minimum retail lot size of 150 Shares (minimum application amount of ₹14,250). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions