2024-07-27 19:23:16
New DelhiIf you have also invested in the Initial Public Offering (IPO) of Sunstar Limited, then your wait is over. Its allotment status has been decided. We are telling you the way to know the allotment status of this IPO. The IPO of this company, which makes plant-based special products, has been subscribed about 83 times. This IPO is getting a great premium of 35 percent in the gray market.
When was the IPO opened?
Sunstar IPO was open for subscription on 19th July. Investors had the opportunity to bid till 23rd July. Sunstar had fixed the price band of one share at Rs 90-95 for its Rs 510 crore IPO and the price of this share has been fixed at Rs 95. Its shares will be listed on BSE and NSE tomorrow i.e. on 26th July.
There was a strong response from investors
Sunstar Limited’s IPO received a strong response from investors. On the last day of bidding, investors subscribed it 82.99 times. In this, the QIB category got 145.68 times, the NII category got 136.49 times and the retail category got 24.23 times more subscription.
What is the premium in the grey market?
Sunstar IPO is getting a strong response in the grey market. Today, on July 25, the price of this share was being quoted at Rs 129 in the grey market. That means a profit of Rs 34 or 35.79 per cent on a share of Rs 95.
How to Check Sunstar IPO Allotment Status
Investors who have applied for Sanstar IPO can check online on the IPO registrar’s website.
How to check allotment on BSE?
1. To check the allotment of Sanstar IPO or any company’s IPO, first go to the official website of BSE.
2. After visiting the website, you will get two options under Issue Type. You have to click on Equity in it.
3. After this the next option will come in the name of issue name. In this you have to select the name of the issue i.e. your IPO.
4. After doing all this, submit your application number in the given box. You can also enter your PAN card details.
5. Then click on ‘Search’ and the IPO allotment status of Sanstar IPO will appear on your screen.