Sanathan Textiles Limited

Sanathan Textiles Limited IPO

BSE, NSEClosed
Dec 19, 2024Open Date
Dec 23, 2024Close Date
TBAAllotment Date
Dec 27, 2024Listing Date

Subscription Details

View Subscription Details
Retail8.79x
QIB75.62x
NIIs (Non-Institutional Investors)Main Category
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

Updated: 10 Jul, 06:09 pm

Sanathan Textiles Limited IPO Issue Details

Issue Price₹305-321 Per Equity Share
Face Value₹10 Per Equity Share
Fresh Share1,24,61,060 shares(aggregating up to ₹400 crore)
Listing AtBSE, NSE
Listing DateDec 27, 2024
RegistrarKfin Technologies Limited

Reservation Details

CategoryShares Offered%
NII25,70,09315%
QIB34,26,79120%
Anchor51,40,18630%

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

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Registrar Contact

Kfin Technologies Limited

04067162222, 04079611000

stl.ipo@kfintech.com

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Sanathan Textiles Limited IPO Documents

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