Sanathan Textiles Limited

Sanathan Textiles Limited

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₹14,766(46 Shares)

Minimum Investment

IPO Dates

Dec 19, 2024 – Dec 23, 2024

Price Band

₹305–321 per equity share

Lot Size

46

Listing

Dec 27, 2024

Listing At

BSE, NSE

Dec 19, 2024Open DateCompleted
Dec 23, 2024Close DateCompleted
TBAAllotment DateUpcoming
Dec 27, 2024Listing DateCompleted

Sanathan Textiles Limited Live Subscription Details

All IPOs
Retail8.79x
QIB75.62x
NIIs
42.16x

NII Sub-Categories

bHNI (> ₹10L)

Bids above ₹10L

46.05x

sHNI (< ₹10L)

Bids ₹2L to ₹10L

34.38x

Overall Subscription

Total Bids Received

35.04x

Sanathan Textiles Limited IPO Issue Details

Issue Price
₹305-321 Per Equity Share
Face Value
₹10 Per Equity Share
Fresh Share
1,24,61,060 shares(aggregating up to ₹400 crore)
Listing At
BSE, NSE
Listing Date
Dec 27, 2024
Registrar
Kfin Technologies Limited

Reservation Details

NII15%

Shares Offered

25,70,093

QIB20%

Shares Offered

34,26,791

Anchor30%

Shares Offered

51,40,186

Company Information

Incorporated in the year 2005, Sanathan Textiles Limited is one of the major polyester yarn manufacturers in the world, a global cotton yarn supplier, and technical textiles and industrial yarn leader...

Valuations

EPS (Pre-IPO)

18.60

EPS (Post-IPO)

23.73

P/E (Pre-IPO)

17.25

P/E (Post-IPO)

13.53

RoNW

10.42%

P/B Value

1.81

Financial Information (₹ in Crores)

MetricFY 24FY 23FY 22
Total Assets2203.681906.671796.47
Total Revenue2979.83345.023201.46
Profit After Tax133.85152.74355.44
Net Worth1273.981140.13987.39

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the Company
  2. 2Investment in the company’s subsidiary, viz. Sanathan Polycot Private Limited for funding its long-term working capital requirements
  3. 3General corporate purposes

Sanathan Textiles Limited – Promoter(s)

Nimbus Trust
D&G Family Trust
A&J Family Trust
P&B Family Trust
Paresh Vrajlal Dattani
Ajay Vallabhdas Dattani
Anilkumar Vrajdas Dattani
Dinesh Vrajdas Dattani

Contact Details

Corporate Office

SRV NO. 187/4/1/2, Near Surangi Bridge, Surangi, Dadra & Nagar Haveli, Silvassa 396230

+91 22 6634 3312

investors@sanathan.com

Visit Website

Sanathan Textiles Limited Allotment & Registrar Details

Check Allotment

Kfin Technologies Limited

04067162222, 04079611000

stl.ipo@kfintech.com

Visit Registrar Website

Sanathan Textiles Limited IPO Documents

Frequently Asked Questions — Sanathan Textiles Limited IPO

The Sanathan Textiles Limited IPO price band is set at ₹305.00 to ₹321.00 per equity share.

The lot size for Sanathan Textiles Limited IPO is 46 shares per lot. The minimum investment amount is approximately ₹14,766.

The Sanathan Textiles Limited IPO opens on Dec 19, 2024 and closes on Dec 23, 2024.

Sanathan Textiles Limited IPO is expected to be listed on Dec 27, 2024 on BSE, NSE.

The current GMP for Sanathan Textiles Limited IPO is ₹87, suggesting an expected listing price of around ₹392.00. Note: GMP is an unofficial market indicator.

The registrar for Sanathan Textiles Limited IPO is Kfin Technologies Limited. You can contact them at stl.ipo@kfintech.com.

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