Sanstar IPO booked 1.27 times on the first day of bidding so far; NIIs steal the show; check GMP, subscription staus | Stock Market News

Sanstar IPO subscription status: In just a few hours after its launch, the plant-based specialty goods firm Sanstar’s initial public offering received full subscriptions led by non-institutional investors (NIIs) and retail investors. At 11:42 IST, Sanstar IPO subscription status was 1.27 times, as per BSE data.

The initial share sale received bids for 4,76,38,500 shares against 3,75,90,000 shares on offer, as per BSE data.

The quota for NIIs received 2.08 times subscription while the retail portion got subscribed 1.64 times. The category for QIBs portion is yet to get booked. 

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