| Company Name | Sanstar Limited |
| Open Date | 19-07-2024 |
| Close Date | 23-07-2024 |
| Exchange | BSE, NSE |
| Lot Size | 150 Shares |
| Issue Price | ₹90 to ₹95 per share |
| Issue Size | 5,37,00,000 shares |
| Application Amount | Min ₹14,250 (150 shares), Max ₹1,99,500 (2,100 shares) |
| Recommendation | Apply |
Sanstar Limited was founded in 1982 and has its registered office in Paldi, Ahmedabad. The company is engaged in the business of manufacturing of plant-based speciality products and ingredient solutions in India for food, animal nutrition and other industrial applications. The company has two manufacturing facilities spread across cumulative area of 10.68 million square feet (approximate 245 Acres) and are located at Dhule in the state of Maharashtra and Kutch in the state of Gujarat. The company’s products are sold in India in 22 states and also exports its products to 49 countries across Asia, Africa, Middle East, Americas, Europe and Oceania. As of March 31, 2024, the company employed over 271 personnel (including 60 permanent employees).
| KPI’s | FY 22 | FY 23 | FY 24 |
| Revenue | 504.40 | 1,205.07 | 1,067.27 |
| EBITDA | 39.72 | 72.45 | 98.14 |
| Net Profit | 15.92 | 41.80 | 66.77 |
| RoCE | 19.96% | 24.53% | 27.19% |
| ROE | 18.68% | 22.34% | 26.31% |
| P/E | 87.96 | 31.88 | 20.00 |
| Opening Date | 19/07/2024 |
| Closing Date | 23-07-2024 |
| Basis of Allotment | 24-07-2024 |
| Initiation of Refunds | 25-07-2024 |
| Credit of Shares to Demat | 25-07-2024 |
| Listing Date | 26-07-2024 |
| Funding of capital expenditure requirements for the expansion of the Dhule Facility. |
| Repayment and/or pre-payment, in part or full of certain borrowings availed by the company. |
| General Corporate Expenses. |
| Registered Office | Sanstar Limited Sanstar House, near Parimal Under Bridge, Opp. Suvidha Shopping Centre, Paldi, Ahmedabad – 380 007 |
| Phone | +91 79 26651819 |
| cs@sanstar.in | |
| Website | https://www.sanstar.in/ |
| Sanstar IPO DRHP |
| Sanstar IPO RHP |
| Name | Link Intime India Private Ltd |
| Phone | +91-22-4918 6270 |
| sanstar.ipo@linkintime.co.in | |
| Website | https://linkintime.co.in/initial_offer/public-issues.html |
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| Retail Shares Offered | Not less than 35.00% of the Offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
| Share Holding Pre Issue (Promoters) | 99.79% |
| Share Holding Post Issue (Promoters) | 70.37% |