Sanathan Textiles Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 18-12-2024 | 22-12-2024 | ₹10 per share | 321 | 46 Shares | BSE, NSE | 1,71,33,958 shares (aggregating up to ₹550.00 Cr) | 2024-12-23 18:30:00 | 2024-12-25 18:30:00 | 2024-12-25 18:30:00 | 26-12-2024 |
About The Company
Sanathan Textiles IPO is a book built issue of Rs 550.00 crores. The issue is a combination of fresh issue of 1.25 crore shares aggregating to Rs 400.00 crores and offer for sale of 0.47 crore shares aggregating to Rs 150.00 crores.
Sanathan Textiles IPO opens for subscription on December 19, 2024 and closes on December 23, 2024. The allotment for the Sanathan Textiles IPO is expected to be finalized on Tuesday, December 24, 2024. Sanathan Textiles IPO will list on BSE, NSE with tentative listing date fixed as Friday, December 27, 2024.
Sanathan Textiles IPO price band is set at ₹305 to ₹321 per share. The minimum lot size for an application is 46. The minimum amount of investment required by retail investors is ₹14,766. The minimum lot size investment for sNII is 14 lots (644 shares), amounting to ₹2,06,724, and for bNII, it is 68 lots (3,128 shares), amounting to ₹10,04,088.
Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd), ICICI Securities Limited are the book running lead managers of the Sanathan Textiles IPO, while Kfin Technologies Limited is the registrar for the issue.
Refer to Sanathan Textiles IPO RHP for detailed information.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 30-03-2022 | 1796 | 3201 | 355 | 987.39 | 0 | 378.19 |
| 28-02-2023 | 1907 | 3345 | 153 | 1140.13 | 0 | 281 |
| 30-03-2024 | 2204 | 2980 | 134 | 1273.98 | 0 | 379.88 |
| 29-06-2024 | 2530 | 788 | 50 | 1324.06 | 0 | 644.93 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Total | 36.9 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 46 | 14776 |
| Retail (Max) | 13 | 598 | 191958 |
| S-HNI (Min) | 14 | 644 | 206724 |
| S-HNI (Max) | 67 | 3082 | 989322 |
| B-HNI (Min) | 68 | 3128 | 1004088 |
IPO Listing Details
| Listing Date | 26-12-2024 |
| BSE Script Code | 544314 |
| NSE Symbol | SANATHAN |
| ISIN | INE0JPD01013 |
| Final Issue Price | 321 |
Promoter holdings
Nimbus Trust, D&G Family Trust, A&J Family Trust, P&B Family Trust, Paresh Vrajlal Dattani, Ajay Vallabhdas Dattani, Anilkumar Vrajdas Dattani and Dinesh Vrajdas Dattani are the promoters.
Contact Information of the Company
Sanathan Textiles Limited
SRV NO. 187/4/1/2,
Near Surangi Bridge,
Surangi, Dadra & Nagar Haveli, Silvassa 396230
Phone: +91 22 6634 3312
Email: investors@sanathan.com
Website: https://www.sanathan.co/
IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email:
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Manager
Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) (Past IPO Performance) ICICI Securities Limited (Past IPO Performance) Lead Manager Reports