SANATHAN TEXTILES LIMITED

19 Dec 2024 - 23 Dec 2024 Individual Category Main Board BSE NSE

Min Investment

₹14766

Price Band

₹305-₹321

Issue Size

126.23 lakhs
Equity Shares

Lot Size

46

IPO Dates
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19 Dec 2024

Open Date

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23 Dec 2024

Close Date

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24 Dec 2024

Allotment Date

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27 Dec 2024

Listing Date

Sanathan Textiles IPO open date is on 19 December to 23 December 2024. This new IPO is a book-built issue of 1.26 crore equity shares. This upcoming IPO is a combination of fresh issue and offer-for-sale.  Sanathan Textiles IPO price band is Rs 305 - Rs 321. As of now, Sanathan Textiles IPO GMP is 21 indicates mild bullish sentiment for this IPO among investors. Sanathan Textiles IPO lot size is of 46 shares. The IPO allotment status is finalised on Tuesday, December 24, 2024. The minimum investment for the retail investors for 1 lot is expected to be Rs 14,766. The registrar for Sanathan Textiles IPO is Kfin Technologies Limited. The listing date is 27 December 2024.

Know Before Investing

Strengths icon

  • Sanathan Textiles IPO: Diversified expertise in polyester cotton and technical textile yarns.
  • Fully integrated manufacturing with innovation-driven processes.
  • Strong brand partnerships and strategic procurement for sustainable growth.

Weaknesses icon

  • Sanathan Textiles IPO: Volatility in raw material prices and global economic fluctuations.
  • High capital investment needed for capacity expansion and value addition.
  • Continuous innovation required to sustain technological and competitive edge.

About Sanathan Textiles Limited

Sanathan Textiles Limited was incorporated in 2005, is a polyester yarn manufacturer and a global supplier of Cotton Yarn. The company business is divided into three segments: 1) Polyester yarn products 2) Cotton yarn products 3) Yarns for technical textiles and industrial uses. Sanathan Textiles Limited has 3,200 active varieties of yarn products. They can also manufacture a diversified product portfolio of more than 14,000 varieties of yarn products. The company had more than 925 distributors in 7 countries, including India, Argentina, Singapore, Germany, Greece, Canada, and Israel. The company had a fully integrated yarn manufacturing plant set up at a strategic location with equipment supplied by domestic and globally renowned players. The company harnesses digitization and technology in production processes with a focus on energy efficiency and sustainable practices.  

Founded

2005

Managing Director

Paresh Vrajlal Dattani

Parent Organization

IPO Objectives

The funds raised from Sanathan Textiles IPO will be used for the repayment of the past borrowings taken by the company. Also, the funds will be utilized in the investment in the subsidiary. The remaining money will be used for general corporate purposes.

Company Promoters

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

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

How to Apply for IPO

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IPO Allotment

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