
Sanathan Textiles
Mainboard₹14,766 / 46 Shares
Sanathan Textiles IPO Details
The Sanathan Textiles IPO price band is set between ₹305-321 per equity share, with a face value of ₹10 per share. The issue is managed by Kfin Technologies Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 19 Dec, 2024 and closes on 23 Dec, 2024. Investors can check the allotment status on 24 Dec, 2024, while the listing date is tentatively scheduled for 27 Dec, 2024.
The total issue size is Total ₹550 Cr :#Fresh Issue : 1,24,61,060 shares, aggregating up to ₹400.00 Cr. Stay tuned for the latest Sanathan Textiles IPO review and GMP updates.
Sanathan Textiles IPO Review, Rating & Analysis
Sanathan Textiles IPO Review
NO REVIEWSanathan Textiles IPO Rating
Sanathan Textiles IPO Highlights
IPO Date
Dec 19, 2024 - Dec 23, 2024
Listing Date
27 Dec, 2024
Face Value
₹10 Per Equity Share
Price Band
₹305-321 per equity share
Lot Size
46 Shares
Fresh Issue
1,24,61,060 Shares
Offer for Sale
46,72,898 shares of ₹10
Listing At
BSE, NSE
Sanathan Textiles IPO Lot Size
The minimum market lot for Sanathan Textiles IPO is 46 shares with an application amount of ₹14,766. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 46 | ₹14,766 |
| Retail (Max) | 13 | 598 | ₹1,91,958 |
| S-HNI (Min) | 14 | 644 | ₹2,06,724 |
| S-HNI (Max) | 67 | 3082 | ₹9,89,322 |
| B-HNI (Min) | 68 | 3128 | ₹10,04,088 |
Sanathan Textiles IPO Timeline
Issue Price
₹305-321 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Kfin Technologies LimitedLead Manager
Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd)ICICI Securities LimitedIssue Size
Total ₹550 Cr :#Fresh Issue : 1,24,61,060 shares(aggregating up to ₹400.00 Cr) +
#OFS : 46,72,898 shares of ₹10(aggregating up to ₹150.00 Cr)
Sanathan Textiles IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 24 | 2203.68 | 2979.8 | 133.85 | 1273.98 | - | 379.88 |
| 31 Mar 23 | 1906.67 | 3345.02 | 152.74 | 1140.13 | - | 281 |
| 31 Mar 22 | 1796.47 | 3201.46 | 355.44 | 987.39 | - | 378.19 |
All values are in ₹ Cr.
Sanathan Textiles IPO Valuations
EPS Pre IPO
₹18.60/-EPS Post IPO
₹23.73/-PE Pre IPO
17.25PE Post IPO
13.53ROE
11.09%ROCE
11.80%Debt Equity
0.17RoNW
10.42%PAT Margin
-Price to Book Value
1.81Promoters & Share Holding
Promoter(s) Name
- Nimbus Trust, D&G Family Trust, A&J Family Trust, P&B Family Trust, Paresh Vrajlal Dattani, Ajay Vallabhdas Dattani, Anilkumar Vrajdas Dattani and Dinesh Vrajdas Dattani
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 79.70% |
About Company
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. It has three core verticals: polyester yarn products, cotton yarn products, and yarns for technical textiles. These cater to automotive, healthcare, construction, sports, and protective clothing. With a strong portfolio of more than 14,000 yarn varieties and 190,000 SKUs, the company had more than 3,200 active product varieties as of September 30, 2024.
Sanathan Textiles has an impeccable worldwide platform, with exports to 27 countries and a distribution base of 925 associates through network areas like India, Canada, Germany, Singapore, and so on. Sanathan Textiles has the facility at Silvassa having state-of-the-art production technology for hassle-free manufacturing for its varied customer clientele, including the leading organizations such as Welspun India Limited, AYM Syntex Limited, Banswara Syntex Limited.
This includes the commitment of the company towards innovation, product diversification, and sustainability-driven manufacturing which makes the company stand atop the market in yarn industries. By focusing strategically on expanding the manufacturing capacity of the products, new products being designed, and embracing digitization for sustainable practices, Sanathan Textiles has become one of the most valued polyester, cotton, and technical yarns in industry applications.
Sanathan Textiles IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 34,26,791 | 25,70,093 17,13,396 8,56,698 | 59,96,885 | 1,19,93,770 |
Day 1 -19-12-24 05:00 PM | 0.00 x | 0.32 0.12 x 0.71 x | 0.76 x | 0.45 x |
Day 2 -20-12-24 05:00 PM | 0.09 x | 1.53 0.85 x 2.88 x | 2.15 x | 1.43 x |
Day 3 -23-12-24 05:00 PM | 75.62 x | 42.16 46.05 x 34.38 x | 8.79 x | 35.04 x |
Retail:8.33x
BHNI:9.26x
SHNI:35.6x times
Company Contact Details
Sanathan Textiles
SRV NO. 187/4/1/2, Near Surangi Bridge, Surangi, Dadra & Nagar Haveli, Silvassa 396230Registrar Contact Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: stl.ipo@kfintech.com
Frequently Asked Questions about Sanathan Textiles IPO
When will Sanathan Textiles IPO open for subscription?
The Sanathan Textiles IPO opens on 19 Dec, 2024 and closes on 23 Dec, 2024.
What is the investors portion for Sanathan Textiles IPO?
The investors' portion for QIB is 75.62 x, NII is 46.05 x, and Retail is 8.79 x.
How to apply for Sanathan Textiles IPO?
You can apply for Sanathan Textiles IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Sanathan Textiles IPO?
The issue size of Sanathan Textiles IPO is approx ₹Total ₹550 Cr :#Fresh Issue : 1,24,61,060 shares(aggregating up to ₹400.00 Cr) +#OFS : 46,72,898 shares of ₹10(aggregating up to ₹150.00 Cr) crores.
What is the price band of Sanathan Textiles IPO?
The price band for Sanathan Textiles IPO is ₹305 to ₹321 per equity share.
What is the lot size of Sanathan Textiles IPO?
The minimum bid (lot size) for Sanathan Textiles IPO is N/A shares with an investment of approx ₹14,766 .
What is the allotment date of Sanathan Textiles IPO?
The allotment date for Sanathan Textiles IPO is 24 Dec, 2024.
What is the listing date of Sanathan Textiles IPO?
The listing date for Sanathan Textiles IPO is expected to be 27 Dec, 2024.
What is the GMP of Sanathan Textiles IPO?
The latest Grey Market Premium (GMP) for Sanathan Textiles IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.
