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Sanstar Limited

  • Minimum Investment
    ₹13,500
  • Price Range
    ₹90 - ₹95
  • Issue Size
    ₹510.15 Cr
  • Lot Size
    150 shares

Proceeds of this IPO to be used for

Funding the capital expenditure requirement for the expansion of the Dhule facility

Repayment and/or pre-payment, in part or full, of certain borrowings availed by the company

General corporate purposes

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Sanstar Limited

Large manufacturer

The company is one of the largest manufacturers of maize-based specialty products and ingredient solutions in India with a diverse product portfolio. It has grown with revenue and profit CAGR of 45% and 105% over FY22-24

Poised to benefit

The company is a speciality products and ingredients solutions player catering to diverse industry segments and poised to benefit from mega-industrial trends

Global presence

The company has sold its products to 49 countries across Asia, Africa, the Middle East, Europe, North America, South & Central America, and Oceania regions during FY24

Pending litigations

There are pending litigations involving the company. Any unfavourable order or decision in such proceedings may affect our results of operations

Competitive industry

The company operates in a highly competitive industry where it faces competition from other players. An inability to maintain a competitive position may adversely affect the business

Lack of diversification

The company operates only in the industry of maize-based speciality products and ingredient solutions industry and there is a lack of diversification in other business areas

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
Particulars (In Cr)Y/Y Change
Total Current Assets--
Total Non-Current Assets--
Fixed assets--
Total assets--
Total Current Liabilities--
Total Non-Current Liabilities--
Total Capital Plus Liabilities--
Total Shareholder Funds--
Total Debt to Equity--

Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Particulars (In Cr)Y/Y Change
Cash from Operating Activity--
Cash from Financing Activities--
Cash from Investing Activities--
Net Cash Flow--

About Sanstar Limited

Sanstar was incorporated on February 26, 1982. The company is one of the major manufacturers of plant based speciality products and ingredient solutions in India for food, animal nutrition and other industrial applications. Its products include liquid glucose, dried glucose solids, maltodextrin powder, dextrose monohydrate, native maize starches, modified maize starches and co-products like germs, gluten, fiber and enriched protein, amongst others.
  • Promoter
    Gouthamchand Sohanlal Chowdhary
  • Promoter
    Sambhav Gautam Chowdhary
  • Promoter
    Shreyans Gautam Chowdhary

Sanstar Limited IPO FAQs

What is Sanstar Limited IPO?

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Sanstar Limited IPO refers to the initial public offering of shares by Sanstar Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Sanstar Limited IPO?

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For Sanstar Limited IPO the issue size is ₹510 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Sanstar Limited IPO?

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For Sanstar Limited IPO the minimum investment is ₹13,500. The minimum investment for Sanstar Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Sanstar Limited IPO?

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For Sanstar Limited IPO the lot size is 150 shares. The lot size of Sanstar Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Sanstar Limited IPO on Share.Market?

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To apply for Sanstar Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Sanstar Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Sanstar Limited IPO?

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Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Sanstar Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

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The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

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You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Sanstar Limited IPO?

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For Sanstar Limited IPO the allotment date is July 24, 2024. The allotment date of Sanstar Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Sanstar Limited IPO?

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For Sanstar Limited IPO, the subscription opens on July 19, 2024 and closes on July 23, 2024. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
82.96x Oversubscribed
Trade
Bidding Ongoing
-
Total Subscription
82.96x Oversubscribed
Trade