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Sanathan Textiles Limited IPO

Sanathan Textiles Limited IPO

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Listed Price: ₹ 422.30 (+31.56%)

Sanathan Textiles Limited's successfully completed its Initial Public Offering and commenced trading on 27-12-2024 at the NSE, BSE exchange. The company raised 1,71,33,956 Shares through this public offering, comprising 1,24,61,059 Shares in fresh capital and ₹150.00 Cr through the Offer for Sale mechanism.

The IPO was priced within the band of ₹305 to ₹321, with minimum application lots of 46 shares. The offering attracted significant investor interest during its subscription period from 19-12-2024 to 23-12-2024.

Share allotment was finalized on 24-12-2024, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.

Sanathan Textiles IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Sanathan Textiles IPO Key Performance Indicator
Company Financials ( In Crores )

Sanathan Textiles IPO About Company

Sanathan Textiles Limited, incorporated in 2005, is a leading manufacturer of polyester yarn and a global supplier of cotton yarn, operating through three key verticals—Polyester Yarn Products, Cotton Yarn Products, and Yarns for Technical Textiles and Industrial Uses. Its technical textile offerings support diverse industries such as automotive, healthcare, construction, sports, and protective apparel. As of September 30, 2024, the company offered over 3,200 active yarn varieties and 45,000 SKUs, with the capability to produce more than 14,000 yarn varieties and 190,000 SKUs. Sanathan Textiles exported its products to 14, 27, and 29 countries during June 30, 2024, Fiscal 2024, and Fiscal 2023, respectively, and maintained a strong distribution network of over 925 distributors across India, Argentina, Singapore, Germany, Greece, Canada, Israel, and others. Its advanced manufacturing facility in Silvassa supports a strong customer base that includes leading companies such as Welspun India Limited, Valson Industries Limited, G.M. Fabrics Private Limited, and Premco Global Limited.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Sanathan Textiles IPO Strength Factors

  1. Diversified Presence: One of the few Indian companies with operations across polyester, cotton, and technical textiles.
  2. Innovation-Driven: Strong focus on continuous product and process innovation.
  3. Strategic Infrastructure: Fully integrated yarn manufacturing plant with advanced technology from leading domestic and international suppliers, located for operational efficiency.

Sanathan Textiles IPO Risk Factors

  1. Raw Material Dependency: Reliance on a few key suppliers without long-term agreements may affect quality, supply, and pricing.
  2. Inventory Management Challenges: Poor demand forecasting or suboptimal inventory levels could impact operations and financial stability.
  3. Utilization of IPO Proceeds: Changes in planned use of IPO funds require shareholder approval, possibly delaying execution.

Sanathan Textiles IPO Lead Manager(s)

  • Dam Capital Advisors Limited
  • ICICI Securities Limited

Sanathan Textiles IPO Promoter(s)

  1. Nimbus Trust
  2. D&G Family Trust
  3. A&J Family Trust
  4. P&B Family Trust
  5. Paresh Vrajlal Dattani
  6. Ajay Vallabhdas Dattani
  7. Anilkumar Vrajdas Dattani
  8. Dinesh Vrajdas Dattani

Sanathan Textiles IPO Company Details

Sanathan Textiles Limited
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Sanathan Textiles IPO Registrar

Kfin Technologies Limited
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Sanathan Textiles IPO FAQs