Sanstar Ltd.
Issue Open Date 19-Jul-24  
Issue Closing Date 23-Jul-24  
Application Money 100  
Allotment Money  
Price Band () 90 - 95  
Minimum Bid Quantity. 150  
Issue Size (Shares) 37590000  
Market Lot 1  
Objective

1. Funding the capital expenditure requirement for expansion of our Dhule Facility 2. Repayment and/or pre-payment, in part or full, of certain borrowings availed by our Company and 3. General Corporate Purposes.

Business Description

We are one of the major manufacturers of plant based speciality products and ingredient solutions in India for food,animal nutrition and other industrial applications (Source: Company Commissioned Frost & Sullivan Report, datedDecember 30, 2023). Our products include liquid glucose, dried glucose solids, maltodextrin powder, dextrosemonohydrate, native maize starches, modified maize starches an...

Promoter's Holding
Total Share Capital   140145100  
Offered to Public   53700000  
Promoter's Holding (Pre-Issue)   99.77  
Promoter's Holding (Post-Issue)   70.37  
Address
Address :Sanstar House
Near Parimal Under Bridge
Opposite Suvidha Shopping Centre
Paldi
City :Ahmedabad, State :Gujarat Pincode :380007 Phone :079 26651819 Email : cs@sanstar.in Website : https://www.sanstar.in/
Registrar
Link Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
Listed at
BSE, NSE
Lead Manager
Pantomath Capital Advisors Pvt Ltd.
Promoters
Gouthamchand Sohanlal Chowdhary
Sambhav Gautam Chowdhary
Shreyans Gautam Chowdhary

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