The Sanstar IPO minimum market lot is 150 shares with ₹14250 application amount. The Sanstar IPO is a Mainline IPO, and it is to be listed on BSE and NSE.
Sanstar is one of the major manufacturers of plant-based specialty products and ingredient solutions in India for food, animal nutrition, and other industrial applications (Source: Company Commissioned Frost & Sullivan Report, dated December 30, 2023). Their 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.
IPOWatch View
We recommend investors may apply for an IPO with Short-term and Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Sanstar IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.05 | 1.29 | 145.68 |
| NII | 9.89 | 32.91 | 136.49 |
| RII | 4.19 | 12.29 | 24.23 |
| Total | 4.23 | 13.56 | 82.98 |
Sanstar IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Sanstar IPO Review
- May Apply
Sanstar IPO Form
How to apply for the Sanstar IPO? You can apply for Sanstar IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Sanstar IPO in the Invest section. The other option is you can apply for Sanstar IPO via IPO forms downloaded online. Check out the Sanstar forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
