Sanstar’s initial public offering (IPO) has had a successful start.
Listing price: Shares listed at Rs 109 on the NSE, a 14.7% premium over the issue price of Rs 95.
- IPO size: Totaled Rs 510.15 crore, comprising a fresh issue and an offer for sale.
- Subscription: The IPO was oversubscribed 82.99 times, indicating strong investor interest.
- Allotment: Finalized on July 24, with details available on BSE, Link Intime, and other platforms.
The IPO, a book-built issue, totals ₹510.15 crore. It consists of a fresh issue of 4.18 crore shares worth ₹397.10 crore and an offer for sale of 1.19 crore shares totaling ₹113.05 crore.