Sanstar Ltd receives Sebi approval for an IPO of Rs 425-500 crore, including a fresh issue and OFS.
Plant-based speciality products firm Sanstar Ltd has received Sebi's approval to float an Initial Public Offering (IPO), with a size expected to be Rs 425-500 crore. The IPO includes a fresh issue of 4 crore shares and an Offer For Sale (OFS) of up to 80 lakh shares by its promoters and promoter group selling shareholders. The Ahmedabad-based company filed its draft IPO papers with Sebi in January 2022.
May 07, 2024
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