
– Sanstar Limited IPO opened on 19th July 2024, with a price band of ₹90 to ₹95 per equity share aiming to raise ₹510.15 crore.
– The public issue was oversubscribed 4.16 times after the first day of bidding.
– Sanstar Limited IPO GMP in the grey market rose to ₹46 on day 2 of bidding.
– Analysts recommend subscribing to the IPO for long-term gains, citing growth prospects and fair valuation.
– Leading brokerages like BP Equities, Adroit Financial Services, and others have given a ‘subscribe’ tag to the IPO.
– Bidding for the public issue will end on 23rd July 2024, with the allotment date likely on 24th July 2024 and listing date on 26th July 2024.
Sanstar Limited IPO day 2: GMP jumps after strong subscription …
Sanstar Limited IPO day 2: GMP jumps after strong subscription ...