Sanstar Ltd |
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Registered Office: Sanstar House Opp Suvidha-, Shopping Centre Paldi, Ahmedabad - 380007, Gujarat |
Phone: 91-79-2665 1819 |
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. |
Issue | Money Payable On | ||
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Opens On | Closes On | Application | Allotment |
19-Jul-2024 | 23-Jul-2024 | ₹ 95.00 | ₹ 0.00 |
Minimum Application for shares in Nos : 150.0 Further Multiples of : 150.0 | ||
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(₹)Cr. | Lead Managers to the Issue | |
Project Cost | 363.49 | Pantomath Capital Advisors Pvt Ltd |
Project Financed through Current Offer | 510.55 | |
Post Issue Equity Share Capital | 36.45 | |
Issue Price | ₹95.00 |
Projects |
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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 |
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Gouthamchand Sohanlal Chowdhar |
Sambhav Gautam Ghowdhary |
Shreyas Gautam Chowdhary |
Listing At |
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BSE |
NSE |
Registrar to the Issue |
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