Sanathan Textiles Limited
Sanathan Textiles Limited IPO is a book built issue of ₹550.00 Cr (5,50,00,00,518). The issue is a combination of fresh issue of 1.25 Cr (1,24,61,060) shares aggregating to ₹400.00 Cr (4,00,00,00,260) and offer for sale of 46.73 Lakh (46,72,898) shares aggregating to ₹150.00 Cr (1,50,00,00,258).
Sanathan Textiles Limited IPO is open for subscription on Dec 19, 2024 and closes on Dec 23, 2024. The allotment for Sanathan Textiles Limited IPO is expected to be finalized on Dec 24, 2024. The shares will list on NSE, BSE with tentative listing date fixed as Dec 27, 2024.
Sanathan Textiles Limited IPO price band is set at ₹305 to ₹321 per share. The minimum lot size for an application is 46 Shares. The minimum amount of investment required by retail investors is ₹14,030.
Refer to Sanathan Textiles Limited IPO RHP for detailed information.
IPO date
Dec 19,2024 - Dec 23,2024
Listing Date
Dec 27,2024
Face value
₹10
Price Band
₹305 to ₹321 per share
Lot
₹46 Shares
Total Issue Size
1.71 Cr (1,71,33,958)
aggregating up to ₹550.00 Cr (5,50,00,00,518)
Fresh Issue
1.25 Cr (1,24,61,060)
aggregating up to ₹400.00 Cr (4,00,00,00,260)
Offer for sale
46.73 Lakh (46,72,898)
aggregating up to ₹150.00 Cr (1,50,00,00,258)
Issue Type
Book Building
IPO Type
Listing At
NSEBSE
Pre Issue Size
7.19 Cr (7,19,43,000)
Post Issue Size
8.44 Cr (8,44,04,060)
Thu, Dec 19, 2024
IPO Open
Mon, Dec 23, 2024
IPO Close
Tue, Dec 24, 2024
Basis of Allotment
Thu, Dec 26, 2024
Initiation of Refunds
Fri, Dec 27, 2024
Credit of Shares to Demat
Fri, Dec 27, 2024
Listing
Sanathan Textiles Limited IPO last GMP is ₹80, last updated Dec 26,2024. With the price band of 321.00, Sanathan Textiles Limited IPO's estimated listing price is ₹401 (cap price + today's GMP).The expected percentage gain/loss per share is 24.92%.
Date | IPO Price | GMP | Estimated Listing Price | Last Updated |
---|---|---|---|---|
26-Dec-24 | 321.00 | 80 | 401(24.92%) | 26-Dec-2024 14:24 |
25-Dec-24 | 321.00 | 93 | 414(28.97%) | 25-Dec-2024 22:31 |
24-Dec-24 | 321.00 | 90 | 411(28.04%) | 24-Dec-2024 22:24 |
23-Dec-24 | 321.00 | 90 | 411(28.04%) | 23-Dec-2024 22:31 |
22-Dec-24 | 321.00 | 40 | 361(12.46%) | 22-Dec-2024 22:29 |
21-Dec-24 | 321.00 | 40 | 361(12.46%) | 21-Dec-2024 22:27 |
20-Dec-24 | 321.00 | 45 | 366(14.02%) | 20-Dec-2024 22:27 |
19-Dec-24 | 321.00 | 70 | 391(21.81%) | 19-Dec-2024 22:31 |
18-Dec-24 | 321.00 | 40 | 361(12.46%) | 18-Dec-2024 22:27 |
17-Dec-24 | 321.00 | 25 | 346(7.79%) | 17-Dec-2024 22:28 |
16-Dec-24 | 321.00 | 0 | 321(0.00%) | 16-Dec-2024 17:57 |
15-Dec-24 | 0 | (0.00%) | 15-Dec-2024 14:52 |
Application | Lots | Shares | Amount |
---|---|---|---|
Retail(Min) | 1 | 46 | ₹14,766 |
Retail(Max) | 13 | 598 | ₹1.92 Lakh (1,91,958) |
SHNI(Min) | 14 | 644 | ₹2.07 Lakh (2,06,724) |
SHNI(Max) | 67 | 3,082 | ₹9.89 Lakh (9,89,322) |
BHNI(Min) | 68 | 3,128 | ₹10.04 Lakh (10,04,088) |
Label | Jun 30, 2024 | Mar 31, 2024 | Mar 31, 2024 | Mar 31, 2022 |
---|---|---|---|---|
Assets | 2,529.53 | 2,203.68 | 1,906.67 | 1,796.47 |
Revenue | 787.76 | 2,979.8 | 3,345.02 | 3,201.46 |
Profit After Tax | 50.07 | 133.85 | 152.74 | 355.44 |
Net Worth | 1,324.06 | 1,273.98 | 1,140.13 | 987.39 |
Reserves and Surplus | ||||
Total Borrowing | 644.93 | 379.88 | 281 | 378.19 |
Sanathan Textiles Limited Financial Information |
Incorporated: 2005
Industry: Textile Manufacturing
Core Business:
Manufacturing Unit:
Prominent Clients:
Unique Product Offering:
Focus on Product Innovation:
Strategic Manufacturing Setup:
Strong Client Relationships:
Efficient Procurement & Operations:
Experienced Management Team:
Capacity Expansion:
Product Development:
Sustainability & Efficiency:
Sanathan Textiles stands out in the textile industry by offering a diversified product portfolio with high-value standardized yarns tailored to meet customer requirements. Their focus on innovation, global distribution network, and sustainable practices position them as a leading manufacturer and supplier of polyester, cotton, and technical textiles.
With a robust financial performance, strong customer base, and a clear strategy for growth, the company is well-equipped to solidify its position as a key player in the global textile market.
D-15, Trade World Building Kamala Mills Compound,
Senapati Bapat Marg Lower Parel, Mumbai – 400013
Phone: +91 22 6634 3312/3/4/5/6
Email: [email protected]
Website: www.sanathan.com
The promoters of the company are Paresh Vrajlal Dattani, Ajay Vallabhdas Dattani, Anilkumar Vrajdas Dattani, Dinesh Vrajdas Dattani, Nimbus Trust, D&G Family Trust, A&J Family Trust and P&B Family Trust.
Phone:
04067162222, 04079611000
Email: