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IPO Details

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Listing on exchange

Initial public offer of up to 48,000,000^ equity shares of face value Rs. 2/- each (Equity Shares) of Sanstar Limited for cash at a price of Rs. []/- per equity share (including a share premium of Rs. []/- per equity share) (the Offer Price), aggregating up to Rs. [] crores comprising of a fresh issue of up to 40,000,000^ equity shares aggregating to Rs. [] crores by the company (Fresh Issue) and an offer for sale of up to 8,000,000 equity shares aggregating up to Rs. []/- crores comprising of 500,000 equity shares by Gouthamchand Sohanlal Chowdhary aggregating up to Rs. [] crores, 2,500,000 equity shares by Rani Gouthamchand Chowdhary aggregating up to Rs. [] crores, 500,000 equity shares by Sambhav Gautam Chowdhary aggregating up to Rs. [] crores, 500,000 equity shares by Shreyans Gautam Chowdhary aggregating up to Rs. [] crores, 2,000,000 equity shares by Richa Sambhav Chowdhary aggregating up to Rs. [] crores and 2,000,000 equity shares by Samiksha Shreyans Chowdhary aggregating up to Rs. [] crores (The Offer for Sale). The company, in consultation with the brlm, may consider a further issue of equity shares, including further issue by way of private placement, rights issue, preferential issue or any other method as may be permitted under applicable law to any person(s), aggregating up to 4,000,000 equity shares, at its discretion, with the roc (pre-ipo placement). If the pre-ipo placement is undertaken, the fresh issue size will be reduced to the extent of such pre-ipo placement, subject to the offer complying with the minimum offer size requirements prescribed under rule 19(2)(b) of scrr. The offer will constitute [] % 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 [] times the face value of the equity shares. The net offer will constitute [] % of the post-offer paid-up equity share capital. The price band and the minimum bid lot will be decided by the company.

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Here are the steps to apply for Sanstar Ltd IPO:

Step 1: Log in to your Kotak Securities Demat account Log in to your Demat account to access IPO investments. Next, select the current IPO section.

Step 2: Specify IPO details Enter the number of lots and the price you wish to apply for.

Step 3: Enter UPI ID After entering your UPI ID, click submit. This will place your bid with the exchange.

Step 4: Mandate Notification Your UPI app will receive a mandate notification to block funds.

Step 5: Approve Request Your funds will be blocked once you approve the mandate request on your UPI.

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