MAINBOARD MODERATE

Sterling Textiles Industries Limited

₹273–292 · Lot Size 50 shares

GMP₹20.4 +7.0%

QIB Subscription0.57x

NII Subscription1.0x

Retail Subscription2.12x

Open Date2026-07-24

Close Date2026-07-27

Allotment Date2026-08-09

Listing Date2026-08-11

Sterling Textiles Industries Limited is a company operating in the pharma space, focused on formulation and API manufacturing for domestic and export markets. The issue comprises a mix of fresh issue and offer for sale, with proceeds earmarked for working capital, debt reduction, and general corporate purposes.

Price band: ₹273–₹292 per share · Lot size: 50 shares.

Subscription so far — QIB: 0.57x, NII: 1.0x, Retail: 2.12x. Grey Market Premium is currently around ₹20.4 (+7.0% over the upper price band).

Demand has been steady but unspectacular across investor categories. This sits in a wait-and-watch zone — allotment odds are reasonable and downside risk on listing looks limited but so does the upside.

This review is for informational purposes only and is not investment advice. Please read the red herring prospectus and consult a financial advisor before applying.

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