Recently Viewed
Clear AllBidding Date
19-Dec-2024 to
23-Dec-2024
Issue Size
₹550 Cr
Price Band
₹305 to ₹321
Allotment date
24-Dec-2024
Listing date
27-Dec-2024
Lot size
46
No. of shares
1,71,33,956
Fresh issue/OFS
₹400 Cr/₹150 Cr
Sanathan Textiles Ltd, established in 2005, operates in the Indian textile industry and has its manufacturing facility in Silvassa. The company operates a diversified business in the textile yarn industry with three main verticals: Polyester Yarn Products, Cotton Yarn Products and Industrial & Technical Textiles Yarns. The company also produces a high share of value-added yarn products, including dope dyed, superfine/micro, functional, industrial, technical yarn, cationic dyeable, and specialty yarn. The company serves a wide range of end-use industries including Apparel and Fashion, Technical Textiles and Industrial Uses. The company operates with a robust business model that includes both domestic and export markets. While the bulk of its revenue comes from domestic sales (approximately 95% in FY 2024), a portion of its revenue is derived from exports, contributing around 4% in FY 2024.
Category
Status
QIBs
75.6x
NIIs
42.2x
Retail
8.8x
Others
--
Total
35x
The issue size of Sanathan Textiles is ₹550.00 Cr.
Sanathan Textiles falls into Textiles and Leather industry.
The Sanathan Textiles IPO will be listed on both NSE and BSE.
The open and close dates for the Sanathan Textiles are 19-Dec-2024 & 23-Dec-2024.
The price band for the Sanathan Textiles ipo is ₹305 to ₹321
The listing date of Sanathan Textiles IPO is 27-Dec-2024.
The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.
Sanathan Textiles total subscription ratio is 35X.
Key financial of the Sanathan Textiles are:
| Sanathan Textiles | FY-24 | FY-23 | FY-22 |
|---|---|---|---|
| Revenue (₹ Cr) | 2957.5 | 3329.21 | 3185.32 |
| EBIT (₹ Cr) | 189.07 | 224.43 | 502.93 |
| Proft after Tax (₹ Cr) | 133.85 | 152.74 | 355.44 |
| Debt (₹ Cr) | 379.88 | 281 | 378.19 |
| Net Worth (₹ Cr) | 1274.97 | 1140.11 | 986.64 |
| RoE (%) | 10.5 | 13.4 | 36.03 |