Sanstar lists with 12% premium on the BSE
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Sanstar has debuted at Rs 106.40 on the BSE, up by 11.4 points or 12% from its issue price of Rs 95.00.
The scrip is currently trading at Rs 113.90, up by 18.9 points or 19.89% from its issue price.
It has touched a high and low of Rs 116.73 and Rs 106.40 respectively. So far 32.72 lakh shares were traded on the counter.
The offering, which was open for subscription between July 19, 2024 and July 23, 2024 was subscribed 82.98 times. The issue price was fixed at Rs 95.00 per share i.e. at upper end of price band of Rs 90-95 apiece.
Sanstar is one of the major manufacturers of plant based speciality products and ingredient solutions in India for food, animal nutrition and other industrial applications.
