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Sanathan Textiles Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹321
₹321
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹321
Based on GMP
Min. Investment
₹14,766
1 lot × 46 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
19 Dec 2024
Close Date
23 Dec 2024
Allotment
24 Dec 2024
Listing Date
27 Dec 2024
Exchange
NSE & BSE
Price Band
₹321
Listing Price
See chart
Allotment Status
Price Band
₹321
Per share
Face Value
₹10 per share
 
Lot Size
46 Shares
per lot
Issue Size
1,71,33,956 shares (aggregating up to ₹550.00 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,766
1 lot
Pre-IPO Holding
7,19,43,000 shares
Promoters
Post-IPO Holding
8,44,04,060 shares
Promoters
P/E (Pre)
17.25x
 
P/E (Post)
13.53x
 
EPS (Pre)
₹18.60
 
EPS (Post)
₹23.73
 
UPI Deadline
2024-12-23
Mandate
Anchor AllotmentWed, 18 Dec 2024
Basis of AllotmentTue, 24 Dec 2024
Refund InitiationThu, 26 Dec 2024
Demat CreditThu, 26 Dec 2024
Listing DayFri, 27 Dec 2024
UPI Mandate Deadline2024-12-23
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares1,24,61,059 shares (aggregating up to ₹400.00 Cr)
Offer for Sale46,72,897 shares of ₹10 (aggregating up to ₹150.00 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Sanathan Textiles Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 23 Dec 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
17,133,956
100% ₹550.00
IPO Shares Offered
Sanathan Textiles Ltd. IPO total issue size: ₹550.00 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 17,133,956 ₹550.00
100.00%
* Based on upper price band ₹321 per share
Lot Size & Investment
Lot Size
46
Shares per Lot
Issue Price
₹321.00
Upper Band
Min Investment
₹14,766
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)292₹29,532
Retail (Max — 13 Lots)13598₹191,958
S-HNI (Min — 14 Lots)14644₹206,724
B-HNI (Min — 68 Lots)683,128₹1,004,088
* Issue Price ₹321 × Lot Size 46 shares
IPO Schedule
Anchor
18 Dec 2024
✓ Done
IPO Open
19 Dec 2024
✓ Done
IPO Close
23 Dec 2024
✓ Done
Allotment
24 Dec 2024
✓ Done
Refunds
26 Dec 2024
✓ Done
Demat Credit
26 Dec 2024
✓ Done
Listing Day
27 Dec 2024
✓ Done
Sanathan Textiles Ltd. — Live Price LIVE
₹321.00
INR · BSE
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Issue ₹321.00 Live Price
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 performanceExperienced management team with a proven track recordOur 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 processYarns for technical textiles and industrial end-use
Objects of the Issue
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.
Sanathan Textiles Ltd. Financials (Amount in Crore)
Revenue from Operations
₹3,345.0
31 Mar 2023
₹2,979.8
31 Mar 2024
₹787.8
30 Jun 2024
Profit After Tax (PAT)
₹152.7
31 Mar 2023
₹133.9
31 Mar 2024
₹50.1
30 Jun 2024
Particulars30 Jun 202431 Mar 202431 Mar 2023
Revenue from Operations 787.76 2979.80 3345.02
EBITDA N/A N/A N/A
Profit After Tax (PAT) 50.07 133.85 152.74
Net Worth 1324.06 1273.98 1140.13
Total Assets 2529.53 2203.68 1906.67
Reserves & Surplus N/A N/A N/A
Borrowings 644.93 379.88 281.00
EBITDA Margin (%) N/A
PAT Margin (%) N/A
P/BV Ratio
1.81
RoE
11.09%
RoCE
11.80%
RoNW
10.42%
Debt/Equity
0.17
Issue Structure & Shareholding
Total Shares Offered1,71,33,956 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding7,19,43,000 shares
Post-Issue Promoter Holding8,44,04,060 shares
P/BV Ratio1.81
RoE11.09%
RoCE11.80%
Debt / Equity0.17
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Dam Capital Advisors Ltd.
ICICI Securities Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Sanathan Textiles Ltd. IPO subscribed?

Sanathan Textiles Ltd. IPO is subscribed 1.00 times by Dec 23, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Sanathan Textiles Ltd. IPO retail subscription status?

The Sanathan Textiles Ltd. IPO retail category is subscribed 1.00 times as of 23 Dec 2024. The retail portion is oversubscribed.

How to subscribe Sanathan Textiles Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 19 Dec 2024 and closes 23 Dec 2024. Min investment: ₹14,766 (1 lot = 46 shares). UPI mandate: 2024-12-23.

How many times Sanathan Textiles Ltd. IPO subscribed?

The Sanathan Textiles Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Sanathan Textiles Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 24 Dec 2024. Refunds: on 26 Dec 2024.

When Sanathan Textiles Ltd. IPO will be listed?

The Sanathan Textiles Ltd. IPO listing date is 27 Dec 2024, Friday. Listed on: NSE & BSE. Issue price: ₹321. Estimated listing: ₹321. GMP: NIL.

When Sanathan Textiles Ltd. IPO close?

The Sanathan Textiles Ltd. IPO closes on 23 Dec 2024, Monday. UPI mandate: 2024-12-23. Allotment: 24 Dec 2024. Listing: 27 Dec 2024.