Sanathan Textiles IPO opens on December 19, 2024, and closes on December 23, 2024. This is a Book Built Issue IPO. The company aims to raise ₹550 crores via IPO, consisting of a fresh issue of ₹400 crores and an offer for sale up to ₹150 crores. The price band is ₹305 to ₹321 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. The IPO is set to list on BSE & NSE on December 27, 2024. The allotment date for the IPO is December 24, 2024. Sanathan Textiles reported revenue of ₹2,979.8 crores in 2024, a decrease from ₹3,345.02 crores in 2023. The company reported a profit of ₹133.85 crores in 2024, compared to ₹152.74 crores in 2023. As per the financials, the IPO investors should consider applying for long-term investment.
Sanathan Textiles IPO Details
Field
Value
est listing
408 (27.1%)
gain percentage
31.56%
gmp
87
ipo size
₹ 550.00 Cr
ipo title
Sanathan Textiles IPO
price
321
status
Listed
subscription
36.9x
Sanathan Textiles IPO Dates
Field
Value
boa dt
24-Dec
close
23-Dec
listing
27-Dec
lot
46
open
19-Dec
Sanathan Textiles IPO Financial Report
Sanathan Textiles reported a revenue of ₹2,979.8 crores in 2024 compared to ₹3,345.02 crores in 2023. The company earned a profit of ₹133.85 crores in 2024, down from ₹152.74 crores in 2023.
No Data Available
About Sanathan Textiles IPO
Founded in 2017, Sanathan Textiles is one of India's prominent manufacturers and suppliers of polyester and cotton yarns, along with yarn for technical textiles. The company manufactures over 14,000 types of yarns, including dope dyed, superfine, technical yarns, and cationic dyeable specialty yarn. Sanathan Textiles generates 100% of its revenue from its yarn products across more than 2,800 different product varieties.
Sanathan Textiles IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222
Email: stl.ipo@kfintech.com
Website: https://ris.kfintech.com/
Company Address
Sanathan Textiles Limited
D-15, Trade World Building Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai – 400013
Phone: +91 22 6634 3312/3/4/5/6
Email: investors@sanathan.com
Website: https://www.sanathan.com
Sanathan Textiles IPO FAQs
What is Sanathan Textiles IPO?
Sanathan Textiles IPO is a mainboard IPO aiming to raise ₹550 crores at a price band of ₹305 to ₹321 per share, listed on BSE & NSE.
When will Sanathan Textiles IPO open for subscription?
The IPO will open on December 19, 2024, and close on December 23, 2024.
What is Sanathan Textiles IPO Investors' Portion?
The IPO allocation is 50% for QIB, 15% for HNI, and 35% for Retail investors.
How to apply for Sanathan Textiles IPO?
You can apply via ASBA online through your bank account or via UPI through stock brokers. Offline application forms through brokers are also accepted.
What is the issue size of Sanathan Textiles IPO?
The IPO issue size is ₹550 crores.
What is the price band for the IPO?
The price band is ₹305 to ₹321 per share.
What is the lot size for Sanathan Textiles IPO?
The minimum bid size is 46 shares, at a cost of ₹14,766.
When is the Sanathan Textiles IPO allotment date?
The allotment date is December 24, 2024.
What is the listing date of Sanathan Textiles IPO?
Sanathan Textiles IPO will be listed on BSE & NSE on December 27, 2024.
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