The Sanstar IPO share allotment will be finalized today (Wednesday, July 24). Investors who applied can check the status on the registrar’s website, Link Intime India Private Ltd. The IPO was open for subscription from Friday, July 19, to Tuesday, July 23, and received an overwhelming response with a subscription rate of 82.99 times.
Qualified Institutional Buyers (QIBs) showed strong interest, with a subscription rate of 145.68 times. Non-institutional investors (NIIs) followed closely with a subscription rate of 136.50 times, while retail investors’ portion was booked 24.23 times.
The allotment status will indicate if and how many shares have been allotted to each investor. Those who did not receive shares will begin the refund process on Thursday, July 25, while allotted shares will be transferred to recipients’ demat accounts on the same day. Sanstar IPO shares are set to list on Friday, July 26.
Steps to Check Sanstar IPO Allotment Status:
On Registrar’s Website (Link Intime India Private Ltd.):
- Visit the IPO registrar website: Link Intime India
- Select the IPO from the dropdown menu.
- Choose your method to check status: application number, demat account, or PAN.
- Select ASBA or non-ASBA under application type.
- Enter the relevant details.
- Complete the captcha and click submit.
On BSE Website:
- Visit the allotment page: BSE Allotment Check
- Under ‘Issue Type’, select ‘Equity’.
- Choose the IPO from the dropdown menu under ‘Issue Name’.
- Enter your PAN or application number.
- Confirm you are not a robot and click ‘Submit’.
On NSE Website:
- Visit the NSE allotment status page: NSE Allotment Check
- Register with your PAN if you haven’t already.
- Enter your username, password, and captcha code.
- Check the IPO allotment status on the new page.
Sanstar IPO Grey Market Premium (GMP) Today
The grey market premium (GMP) for Sanstar IPO is currently +36, meaning shares are trading at a premium of ₹36 over the issue price of ₹95. This suggests an estimated listing price of ₹131 per share, which is 37.89% higher than the IPO price. Based on recent grey market activity, the GMP has ranged from ₹0 to ₹44, indicating strong demand and a positive listing outlook.
‘Grey market premium’ shows how much investors are willing to pay above the issue price.
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