| Sanstar Ltd |
|
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  2/- each ("Equity Shares") of Sanstar Limited for cash at a price of 95/- per equity share (including a share premium of 93/- per equity share) (the "Offer Price"), aggregating to 510.55 crores comprising of a fresh issue of 41,800,000 equity shares aggregating to 397.10 crores by the company ("Fresh Issue") and an offer for sale of 11,900,000 equity shares aggregating to 113.05 crores comprising of 500,000 equity shares by Gouthamchand Sohanlal Chowdhary aggregating to 4.75 crores, 3,800,000 equity shares by Rani Gouthamchand Chowdhary aggregating to 36.10 crores, 500,000 equity shares by Sambhav Gautam Chowdhary aggregating to
4.75 crores, 500,000 equity shares by Shreyans Gautam Chowdhary aggregating to 4.75 crores, 3,300,000 equity shares by Richa Sambhav Chowdhary aggregating to 31.35 crores and 3,300,000 equity shares by Samiksha Shreyans Chowdhary aggregating to 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 2/- each. The offer price is 47.50 times the face value of the equity shares.
|
| Issue |
Money Payable On |
|
| Opens On |
Closes On |
Application |
Allotment |
|
| 19-Jul-24 |
23-Jul-24 |
Rs95.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :150 Further Multiples of :150 |
| |
RsCr |
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 |
Rs95.00 |
|
|