Sanstar IPO Allotment Finalized: Latest GMP, Step-by-Step Guide to Check Status. The Sanstar IPO allotment was finalized on July 24. The subscription level reached an impressive 82.99 times, with Qualified Institutional Buyers (QIBs) subscribing 145.68 times, Non-Institutional Investors (NIIs) subscribing 136.50 times, and retail investors’ portion being subscribed 24.23 times.
The allotment process began on Wednesday, July 24, following the close of the subscription period on Tuesday, July 23. Investors can now check their Sanstar IPO allotment status via the Link Intime India Private Ltd. portal, the official IPO registrar.
On the final bidding day, the Sanstar IPO saw substantial interest from QIBs and NIIs. The subscription figures indicated strong demand across various investor categories, with the overall subscription at 82.99 times the number of shares offered.
Sanstar IPO Key Details
- IPO Allotment Date: July 24
- Subscription Status: 82.99 times
- QIB Subscription: 145.68 times
- NII Subscription: 136.50 times
- Retail Subscription: 24.23 times
Investors can verify their allotment status and the number of shares allocated through the IPO registrar’s website. If shares are not allocated, the refund process will commence today, July 25. Those who were allotted shares will see them credited to their demat accounts.
The Sanstar IPO is scheduled to list on Friday, July 26. Applicants can check their allotment status on the Link Intime India Private Ltd. website.
How to Check Sanstar IPO Allotment Status
- On the Registrar’s Website:
- Visit the Link Intime India Private Ltd. website: Link Intime
- Select the IPO from the menu.
- Enter your PAN, demat account, or application number.
- Choose the application type (ASBA or non-ASBA).
- Submit the details and complete the captcha.
2. On BSE:
- Go to the BSE allotment status page: BSE IPO Status
- Select ‘Equity’ under ‘Issue Type’.
- Choose the IPO from the drop-down menu.
- Enter your PAN or application number and complete the captcha.
3. On NSE:
- Visit the NSE IPO status page: NSE IPO Status
- Register with PAN if you haven’t already.
- Log in with your username, password, and captcha code.
- Check your IPO allotment status on the new page.
Sanstar IPO GMP Update
The grey market premium (GMP) for the Sanstar IPO is currently +34, suggesting that shares are trading at a premium of ₹34 in the grey market. This indicates a projected listing price of ₹129 per share, which is approximately 35.79% higher than the IPO price of ₹95. The GMP trends show a positive outlook for the IPO’s market debut.
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