Sanstar IPO Heats Up on Day 2: Should You Apply or Not? Check Now

Sanstar's IPO received over 13.47 times subscriptions on Day 2, exceeding the total shares offered.

Image: Google 22/07/2024 7:50PM

Retail investors and Non-Institutional Investors (NII) led the surge, subscribing over 12x and 32x their respective quotas.

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The Qualified Institutional Buyer (QIB) portion currently sees a lower subscription rate at 1.29 times.

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The share price range is Rs 90-95. Investors can bid for a minimum of 150 shares (one lot) and multiples thereof.

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July 23rd is the last day to submit bids for the Sanstar IPO.

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Investor interest might be fueled by the growing popularity of plant-based food products in India.

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The company's financial performance and future growth prospects could be attracting investors.

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Submit your bids before the July 23rd deadline if you're considering investing in Sanstar.

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