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Sanstar Ltd

Registered Office : Sanstar House Opp Suvidha-,Shopping Centre Paldi,Ahmedabad Gujarat 380007 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 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

Opens On

Closes On

19-Jul-2024

23-Jul-2024

Money Payable On

Application

Allotment

95.00

0.00

Minimum Application for shares in Nos : 150.0 Further Multiples of : 150.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

363.49

510.55

36.45

95.00

Pantomath Capital Advisors Pvt Ltd

Projects

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

Gouthamchand Sohanlal Chowdhar

Sambhav Gautam Ghowdhary

Shreyas Gautam Chowdhary

Listing At

Registrar to the Issue

MUFG Intime India Pvt Ltd