Sunday, May 5, 2024

Sanathan Textiles IPO Date, Review, Price, Allotment Details

Sanathan Textiles is without doubt one of the few corporations in India with a presence around the polyester, cotton, and technical textile sectors. (Source: CRISIL Report). All 3 yarn verticals are housed below a unmarried company entity. This has facilitated their diversification into new segments which in flip has helped us in serving a lot of shoppers throughout more than a few sectors. As of September 30, 2021, they’ve a assorted product portfolio with the aptitude to fabricate greater than 12,900 types of yarn merchandise with greater than 100,000 SKUs which are utilized in more than a few bureaucracy and for diverse finish makes use of.

Their industry is split into 3 separate yarn industry verticals, consisting of a) Polyester yarn merchandise; b) Cotton yarn merchandise; and c) Yarns for technical textiles and commercial makes use of. The income combine from the 3 verticals for the six months ended September 30, 2021, and for Fiscals 2021, 2020 and 2019

Their merchandise are manufactured at their facility at Silvassa. Over the years, the Company has scaled up its manufacturing and as of September 30, 2021, it had a complete capability of 221,050 MTPA around the 3 yarn verticals. We manufacture polyester chips the usage of purified terephthalic acid (“PTA”) and mono ethylene glycol (“MEG”) and convert the chips into polyester yarn via more than a few intermediate processing to impart explicit homes to the yarn. (Source: CRISIL Report). They are an environmentally aware Company, and so they inspire the usage of renewable sources. As of September 30, 2021, the Company had put in rooftop sun initiatives at their Silvassa facility with a capability of two.3 MW. Further, for Fiscal 2021, 5% of the power fed on is derived from renewable sources, i.e., the rooftop sun initiatives at their Silvassa facility.

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Objects of the Issue

  • Prepayment or scheduled compensation of all, or a portion, of positive remarkable borrowings availed by way of our Company.
  • Funding running capital necessities of our Company.
  • General company functions.

Sanathan Textiles IPO Review (Apply or Not)

Brokerage Firm IPO Review

  • Capital Market: To be up to date quickly
  • Religare Broking: To be up to date quickly
  • Hem Securities: To be up to date quickly
  • Arihant Capital: To be up to date quickly

Sanathan Textiles IPO Date & Price Band Details

IPO Open: 2024
IPO Close: 2024
IPO Size: Approx ₹800 Crores
Fresh Issue: Approx ₹500 Crores
Offer for Sale: Approx 11,400,000 Equity Shares
Face Value: ₹10 Per Equity Share
IPO Price Band: ₹[.] to ₹[.] Per Share
IPO Listing on: BSE & NSE
Retail Quota: 35%
QIB Quota: 50%
 NII Quota: 15%
Discount: N/A
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors List: Click Here

Sanathan Textiles IPO Market Lot

The Sanathan Textiles IPO minimal marketplace lot is [.] stocks with ₹[.] software quantity. The retail traders can observe up-to 13 quite a bit with [.] stocks or ₹[.] quantity.

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Application Lot Size Shares Amount
Retail Minimum 1 ₹-
Retail Maximum 13 ₹-
S-HNI Minimum 14 ₹-
B-HNI Minimum 68 ₹-

Sanathan Textiles IPO Allotment & Listing Dates

The Sanathan Textiles IPO date is 2024 and the shut date is 2024. The Sanathan Textiles IPO allotment can be finalized on 2024 and the IPO checklist on 2024.

Price Band Announcement: 2024
Anchor Investors Allotment: 2024
IPO Open Date: 2024
IPO Close Date: 2024
Basis of Allotment: 2024
Refunds: 2024
Credit to Demat Account: 2024
IPO Listing Date: 2024

You can test IPO subscription standing and IPO allotment standing on their respective pages.

Sanathan Textiles IPO Form

How to use for the Sanathan Textiles IPO? You can observe for Sanathan Textiles IPO by means of ASBA to be had for your checking account. Just cross to the net financial institution login and observe by means of your checking account by way of settling on the Sanathan Textiles IPO within the Invest phase. The different choice is you’ll be able to observe for Sanathan Textiles IPO by means of IPO bureaucracy downloaded by means of NSE and BSE. Check out the Sanathan Textiles bureaucracy – Click BSE Forms & NSE Forms clean IPO bureaucracy obtain, fill, and put up for your financial institution or together with your dealer.

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Sanathan Textiles Company Financial Report

  ₹ in Crores
Year Revenue Expense PAT
2021 ₹1932.97 ₹1680.26 ₹185.63
2022 ₹3201.46 ₹2722.33 ₹355.44
2023 ₹3345.02 ₹3135.58 ₹152.74
Dec 2023 ₹2214.06 ₹2105.10 ₹84.56

Sanathan Textiles IPO Valuation – FY2023

Check Sanathan Textiles IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

Earning Per Share (EPS): ₹- in keeping with Equity Share
Price/Earning P/E Ratio: N/A
Return on Net Worth (RoNW): NA%
Net Asset Value (NAV): ₹- in keeping with Equity Share

Peer Group

  • Okay.P.R. Mill Ltd
  • Vardhman Textiles Ltd
  • Indo Count Industries Ltd
  • Filatex India Ltd
  • Garware Technical Fibres Ltd
  • Pareshkumar Dattani
  • Ajaykumar Dattani
  • Anilkumar Dattani
  • Dineshkumar Dattani

Sanathan Textiles IPO Registrar

KFin Technologies Private Limited
Telephone: +91 40 6716 2222
Electronic mail: [email protected]
Website: www.kfintech.com

Sanathan Textiles IPO Allotment Status Check

Check Sanathan Textiles IPO allotment standing on KFin Technologies web site allotment URL. Click Here

Sanathan Textiles IPO Lead Managers aka Merchant Bankers

  • JM Financial Limited
  • Edelweiss Financial Services Limited

Company Address

Sanathan Textiles Limited
SRV NO. 187/4/1/2, Near Surangi Bridge
Surangi, Dadra & Nagar Haveli,
Silvassa – 396230, India
Phone : + 91 260 3269197
Electronic mail: [email protected]
Website: https://www.sanathan.com/

Sanathan Textiles IPO FAQs

What is Sanathan Textiles IPO?

Sanathan Textiles IPO is a main-board IPO. They are going to elevate ₹800 Crores by means of IPO. The factor is priced at ₹[.] to ₹[.] pr fairness proportion. The IPO is to be indexed on BSE & NSE.

When Sanathan Textiles IPO will open?

The IPO is to open on 2024 for QIB, NII, and Retail Investors.

What is Sanathan Textiles IPO Investors Portion?

The traders’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Sanathan Textiles IPO?

You can observe for Sanathan Textiles IPO by means of ASBA on-line by means of your checking account. You too can observe for ASBA on-line by means of UPI via your inventory agents. You too can observe by means of your inventory agents by way of filling up the offline shape.

How to Apply the Sanathan Textiles IPO via Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Sanathan Textiles”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now cross for your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Sanathan Textiles IPO via Upstox?

Log in to the Upstox Application together with your credentials. Select the IPO. You will see the IPO Name “Sanathan Textiles”. Click on Bid Button. Confirm your Application. Now cross for your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Sanathan Textiles IPO via Paytm Money?

Log in to Paytm Money Application together with your credentials. Select the IPO. You will see the IPO Name “Sanathan Textiles”. Click on Bid Button. Confirm your Application. Now cross for your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Sanathan Textiles IPO Size?

Sanathan Textiles IPO dimension is ₹800 crores.

What is Sanathan Textiles IPO Price Band?

Sanathan Textiles IPO Price Band is ₹[.] to ₹[.].

What is Sanathan Textiles IPO Minimum and Maximum Lot Size?

The minimal bid is [.] Shares with ₹[.] quantity whilst the utmost bid is [.] stocks with ₹[.].

What is the Sanathan Textiles IPO Allotment Date?

Sanathan Textiles IPO allotment date is 2024.

What is the Sanathan Textiles IPO Listing Date?

Sanathan Textiles IPO checklist date is 2024. The IPO is to listing on BSE and NSE.

Note: The Sanathan Textiles IPO worth band and date aren’t formally introduced but. The IPO gray marketplace top rate (Sanathan Textiles IPO Premium) can be added to the IPO gray marketplace web page as it’ll get started).



– Source : IPOWATCH

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