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Sanstar, specializing in plant-based products, approved for IPO to fund Dhule expansion and debt repayment. Third-largest Maize products manufacturer in India. Book Running Lead Manager: Pantomath Capital Advisors. Proposed listing on BSE and NSE. ....
The IPO comprises a fresh issue of up to 4 crore shares and an offer for sale of up to 80 lakh by the selling shareholders. The company, in consultation with the book-running lead Manager, may further consider a pre-IPO placement of up to 40 lakh shares. ....
​Plant-based speciality products company Sanstar Ltd has filed its draft papers with capital markets regulator Sebi to raise Rs 425-500 crore through an initial public offering. ....