Sanstar Ltd

Issue
Opens On Closes On
19-Jul-24 23-Jul-24
Money Payable On
Application Allotment
95.00 0.00

Minimum Application for shares in Nos : 150 Further Multiples of : 150

Lead Managers to the Issue
Project Cost (₹.Cr) 363.49 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer (₹.Cr) 510.55  
Post Issue Equity Share Capital (₹.Cr) 36.45
Issue Price (₹) 95.00
Projects

Funding the capita; expenditure requirement for expansion of its Dhule Facility

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

General corporate purposes

Promoted By
Gouthamchand Sohanlal Chowdhar
Sambhav Gautam Ghowdhary
Shreyas Gautam Chowdhary
Listing At
BSE
NSE
Registrar to the Issue
No Data Available
  • Registered Office: Sanstar House Opp Suvidha-,Shopping Centre Paldi, Ahmedabad - 380007, Gujarat, India. Phone : 91-79-2665 1819   Fax:
  • Email : cs@sanstar.in
  • Website :www.sanstar.in
Initial public offer of 53,700,000 equity shares of face value Rs. 2/- each ("Equity Shares") of Sanstar Limited for cash at a price of Rs. 95/- per equity share (including a share premium of Rs. 93/- per equity share) (the "Offer Price"), aggregating to Rs. 510.55 crores comprising of a fresh issue of 41,800,000 equity shares aggregating to Rs. 397.10 crores by the company ("Fresh Issue") and an offer for sale of 11,900,000 equity shares aggregating to Rs. 113.05 crores comprising of 500,000 equity shares by Gouthamchand Sohanlal Chowdhary aggregating to Rs. 4.75 crores, 3,800,000 equity shares by Rani Gouthamchand Chowdhary aggregating to Rs. 36.10 crores, 500,000 equity shares by Sambhav Gautam Chowdhary aggregating to Rs. 4.75 crores, 500,000 equity shares by Shreyans Gautam Chowdhary aggregating to Rs. 4.75 crores, 3,300,000 equity shares by Richa Sambhav Chowdhary aggregating to Rs. 31.35 crores and 3,300,000 equity shares by Samiksha Shreyans Chowdhary aggregating to Rs. 31.35 crores ("The Offer for Sale"). The offer constituted 29.47 % of the post-offer paid-up equity share capital of the company. The face value of the equity shares is Rs. 2/- each. The offer price is 47.50 times the face value of the equity shares.