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Daily Morning News

Sanstar IPO share allotment will be finalized today, (Wednesday, July 24th).

Jul 24,2024

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Today (Wednesday, July 24) is the finalization date for the Sanstar IPO share allotment. Investors who applied for the issue can check the allotment status on the Link Intime India Private Ltd portal. The Sanstar IPO subscription window was open from Friday, July 19, and closed on Tuesday, July 23. The subscription status on the last day was 82.99 times oversubscribed.

Qualified Institutional Buyers (QIBs) showed strong interest, with subscription levels at 145.68 times, followed by Non-Institutional Investors (NIIs) at 136.50 times, and retail investors at 24.23 times, based on BSE data.

Using the basis of allocation, investors can determine the number of shares allotted to them. For those who weren't allotted shares, the corporation will commence the refund process. The shares will be credited to the nominated recipients' demat accounts.

The refund process for individuals not allotted shares will start on Thursday, July 25. Those who are allotted shares will receive them in their demat accounts on Thursday as well.

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Daily Morning News

Sanstar IPO share allotment will be finalized today, (Wednesday, July 24th).

Jul 24,2024

Share

Descriptive Main Poster Image

Today (Wednesday, July 24) is the finalization date for the Sanstar IPO share allotment. Investors who applied for the issue can check the allotment status on the Link Intime India Private Ltd portal. The Sanstar IPO subscription window was open from Friday, July 19, and closed on Tuesday, July 23. The subscription status on the last day was 82.99 times oversubscribed.

Qualified Institutional Buyers (QIBs) showed strong interest, with subscription levels at 145.68 times, followed by Non-Institutional Investors (NIIs) at 136.50 times, and retail investors at 24.23 times, based on BSE data.

Using the basis of allocation, investors can determine the number of shares allotted to them. For those who weren't allotted shares, the corporation will commence the refund process. The shares will be credited to the nominated recipients' demat accounts.

The refund process for individuals not allotted shares will start on Thursday, July 25. Those who are allotted shares will receive them in their demat accounts on Thursday as well.

Quess Corp is undergoing a demerger and is currently trading at 298.20, having hit the upper circuit limit.

Indian stock market closed for Mahavir Jayanti holiday, and experts predict a possible gain for Nifty to 23,500 tomorrow.

Government May Privatize 11 Airports by 2025-26: Report

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