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.
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)
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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.
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.
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
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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