Sanstar Ltd.

Industry:

Consumer Food

Issue Details

  • Open Date

    19 Jul 2024
  • Close Date

    23 Jul 2024
  • Size (in Crs.)

    357.105

  • Size (Shares)

    -
  • Listing On

    BSE, NSE

Issue Terms

  • Price Range

    -5
  • Lot Size

    150

  • Type

    Book building

  • Face Value

    2

  • Market Lot

    1

Objective of the Issue

1. Funding the capital expenditure requirement for expansion of our Dhule Facility;2. Repayment and/or pre-payment, in part or full, of certain borrowings availed by our Company and;3. General Corporate Purposes.

Description

We are one of the major manufacturers of plant based speciality products and ingredient solutions in India for food,animal nutrition and other industrial applications (Source: Company Commissioned Frost & Sullivan Report, datedDecember 30, 2023). Our products include liquid glucose, dried glucose solids, maltodextrin powder, dextrosemonohydrate, native maize starches, modified maize starches and co-products like germs, gluten, fiber and enrichedprotein, amongst others. Our speciality products and ingredients s...  Show More

Address

Sanstar House, Near Parimal Under Bridge , Opposite Suvidha Shopping Centre , Paldi

Ahmedabad

380007

State

Gujarat

Phone No.

079 26651819

Email

cs@sanstar.in

Website

https://www.sanstar.in/

Promoter Holding

Promoters:

Gouthamchand Sohanlal Chowdhary, Sambhav Gautam Chowdhary, Shreyans Gautam Chowdhary

Total Share Capital

140145100

Offered to Public

53700000

% Promoter's Holding (Pre-Issue)  

99.77

% Promoter's Holding (Post-Issue)  

70.37

Shares on offer

Total Share Offer

140145100

Of above offred to public

53700000

Post Issue shares

NA

Post Issue Promoters

70.37

Lead Managers to the Issue:

Pantomath Capital Advisors Pvt Ltd.

Registrar Details

Registrar Name:

Link Intime India Pvt Ltd.

Address

C 101, 247 Park , LBS Marg , Vikhroli (West) , Mumbai

400083

Phone No.

-

Email

-

Website

-

Fax

-

Prudent Corporate Advisory Services Ltd.
"Prudent House", Panjrapole Cross Road,
Nr. Polytechnic, Ambawadi,
Ahmedabad - 380 015, Gujarat, India.
For Queries:
kyc@fundzbazar.com
1800 419 5051 (Toll Free)
Compliance Officer:
Mrs. Rima Patel
compliancemf@prudentcorporate.com
(079) 40209600
Social Media

Prudent Corporate Advisory Services Ltd.(PCAS): Member of NSE & BSE – SEBI Registration No as stock broker: INZ000293634. Member ID : - NSE : 90209, BSE : 6733, CDSL – IN-DP- 477-2020 (DP ID: 12090600), Research Analyst - INH000018115, CIN - L91120GJ2003PLC042458.

Registered Address: Prudent House, Panjrapole Cross Road, Nr. Polytechnic, Ambawadi, Ahmedabad - 380015, Gujarat, India.

For any complaints pertaining to securities / broking please write a mail to ig@prudentcorporate.com

Please ensure you carefully read the Risk Disclosure Document as prescribed by SEBI

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  • 1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. 2. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. 3. Pay 20% upfront margin of the transaction value to trade in cash market segment. 4. Investors may please refer to the NSE's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 & BSE’s notice no. 20200731-7 dated July 31, 2020 and 20200831-45 dated August 31, 2020 and other guidelines issued from time to time in this regard. 5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month. .......... Issued in the interest of Investors

Company does not offer any scheme for any assured returns. In case, any such scheme offered by any of employee or other Authorized Person of the company, the same should not be accepted and no investment in such scheme to be made. In case of any such scheme offered by any person, kindly contact compliance team of the company on (+91) (79) 40209600. In case any investment made in such scheme, company will not be responsible for any claims or grievances for any loss on account of relying on the said scheme. 

Advertisement Disclosure - Non-Broking Products/Services e.g. Mutual Fund, Mutual Fund-SIP, Research reports, Insurance, etc "These are not Exchange traded product and the Member is just acting as distributor and all disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism.”