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Sanathan Textiles Ltd. IPO
NSE & BSE Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹321
Issue Price
₹321
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹321
GMP based
Lot Size
46
shares / lot
Min Amount
₹14,766
1 lot · 46 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
19 Dec 2024
Thu Completed
Done
Close Date
23 Dec 2024
Mon Completed
Done
Allotment
24 Dec 2024
Tue Completed
Done
Refund
26 Dec 2024
Thu Completed
Done
Demat Credit
26 Dec 2024
Thu Completed
Done
Listing Date
27 Dec 2024
Fri Completed
UPI Deadline: 23 Dec 2024
Issue Details
Pricing & Size
Issue Price
₹321 Face ₹10
Lot Size
46 shares
Min Investment
₹14,766
Total Issue Size
1,71,33,956 shares (aggregating up to ₹550.00 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
85,66,977 (50.00%)
NII / HNI
25,70,094 (15.00%)
Retail
59,96,885 (35.00%)
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
7,19,43,000 shares
Post-Issue Shareholding
8,44,04,060 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 46 ₹14,766
HNI / NII 14 644 ₹2,06,724
bHNI / bNII 68 3,128 ₹10,04,088
Objects of Issue
3 objectives
1
Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the Company;
2
Investment in our subsidiary viz. Sanathan Polycot Private Limited, for repayment and/ or pre-payment, in full or part, of certain borrowings availed by our subsidiary viz. Sanathan Polycot Private Limited; and
3
General corporate purposes.
Lead Managers & Market Maker
Book Running Lead Managers
Dam Capital Advisors Ltd.
ICICI Securities Ltd.
IPO Timeline
Open
19 Dec
✓ Done
Close
23 Dec
✓ Done
Allotment
24 Dec
✓ Done
Listing
27 Dec
✓ Done
Registrar Details
Kfin Technologies Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
04067162222, 04079611000
Company Contact
Email
investors@sanathan.com
Phone
+91 22 6634 3312
Address
SRV NO. 187/4/1/2, Near Surangi Bridge, Surangi, Dadra & Nagar Haveli, Silvassa Dadra, Dadra and Nagar Haveli and Daman and Diu, 396230
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹321
Est. Listing
₹321
Lot Size
46 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Sanathan Textiles Ltd. LIVE
INR ·
vs Issue
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| Price
Market Reference
IPO Issue Price
₹321
GMP
+₹0 (+0%)
GMP Est. Listing
₹321
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 85,66,977 (50.00%) ₹27,500.00 Cr
NII / HNI (Total) 25,70,094 (15.00%) ₹8,250.00 Cr
Retail Investors 59,96,885 (35.00%) ₹19,250.00 Cr
Total ** 1,71,33,956 (100.00%) ₹549,999.99 Cr
* Based on ₹321.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
85,66,977 (50.00%)
NII
25,70,094 (15.00%)
Retail
59,96,885 (35.00%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Crore
Metric30 Jun 202431 Mar 202431 Mar 2023
Revenue787.762979.803345.02
PAT50.07133.85152.74
EBITDA
Net Worth1324.061273.981140.13
Total Assets2529.532203.681906.67
Reserves
Borrowings644.93379.88281.00
Key Financial Ratios
11.09%
ROE
Return on Equity
11.80%
ROCE
Return on Capital Employed
10.42%
RONW
Return on Net Worth
0.17
D/E Ratio
Debt to Equity
1.81
P/BV
Price to Book Value
18.60
Pre EPS
EPS Pre-Issue
23.73
Post EPS
EPS Post-Issue
17.25
Pre P/E
P/E Pre-Issue
13.53
Post P/E
P/E Post-Issue
About Sanathan Textiles Ltd.

Incorporated in 2005, Sanathan Textiles Limited is a polyester yarn manufacturer and a global supplier of Cotton Yarn. The company's business is divided into three separate yarn business verticals, consisting of (a) Polyester yarn products, (b) Cotton yarn products, and (c) Yarns for technical textiles and industrial uses. These technical textiles are used in various sectors such as automotive, healthcare, construction, sports and outdoor activities, and protective clothing.

As of September 30, 2024, the company had more than 3,200 active varieties of yarn products (i.e., yarn products manufactured by us from April 1, 2021, to September 30, 2024) and more than 45,000 stock-keeping units (SKUs). It also can manufacture a diversified product portfolio of more than 14,000 varieties of yarn products and more than 190,000 SKUs that are used in various forms and for varied end uses.

As of June 30, 2024, Fiscal 2024, and Fiscal 2023, Sanathan Textiles Limited exported its products to 14, 27 and 29 countries.

As of June 30, 2024, the company had more than 925 distributors in 7 countries, including India, Argentina, Singapore, Germany, Greece, Canada, and Israel.

The company's manufacturing unit is located in Silvassa. The company's clients comprise several multinational, regional and local companies such as Welspun India Limited, Valson Industries Limited, G.M. Fabrics Private Limited, Premco Global Limited, Creative Garments Textile Mills Private Limited, Banswara Syntex Limited, AYM Syntex Limited, Techno Sportswear Private Limited, Haren Textiles Private Limited, Khosla Profil Private Limited, Tulip Elastics Private Limited and more.

Company Strengths:

  • The company is one of the few companies (amongst our peer group) in India with a presence across the polyester, cotton and technical textile sectors.
  • Focus on the product development of new products through process innovation.
  • Fully integrated Yarn manufacturing plant set up at a strategic location with equipment supplied by domestic and globally renowned players.
  • Long-standing association with leading consumer brands with a low customer concentration.
  • Deep knowledge and understanding of optimal product assortment and strong supplier network enabling procurement at predictable and competitive pricing, leading to an overall efficient cycle.
  • Healthy financial performance
  • Experienced management team with a proven track record
  • Our Strategies Expanding our manufacturing capacity.
  • Enhance value addition in existing products and development of new products.
  • Harnessing digitization and technology in production processes with a focus on energy efficiency and sustainable practices.
  • Cotton yarn manufacturing process
  • Yarns for technical textiles and industrial end-use
Frequently Asked Questions
What is the issue price of Sanathan Textiles Ltd. IPO?
The issue price of Sanathan Textiles Ltd. IPO is ₹321 per share, face value ₹10.
What is the lot size?
Minimum lot size is 46 shares, requiring ₹14,766.
What are the IPO dates?
Opens 19 Dec 2024, closes 23 Dec 2024.
When is the listing date?
Tentative listing: 27 Dec 2024 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹321 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Sanathan Textiles Ltd. IPO · Expected 24 Dec 2024

Check on Registrar
Post-IPO Timeline
Allotment Date
24 Dec 2024
Refund Initiation
26 Dec 2024
Demat Credit
26 Dec 2024
Listing Date
27 Dec 2024
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹321
Face ₹10
Lot Size
46
shares / lot
Min Amount
₹14,766
1 lot
Est. Listing
₹321
GMP +₹0
Key Dates
Open
19 Dec Done
Close
23 Dec Done
Listing
27 Dec Done
Registrar
Kfin Technologies Ltd.
A
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