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Sanathan Textiles Ltd.

Textile - Spinning

IPO Details
  • Issue Type Book building
  • Price range Rs.305-321
  • Market Lot 46
  • Total Equity Shares 12622950
  • Face Value Rs. 10
  • Listing Date Dec 27, 2024
IPO Timeline
Opening date Dec 19, 2024
Closing date Dec 23, 2024
Listing Date Dec 27, 2024

IPO Details

We are one of the few companies in India with presence across the polyester, cotton and technical textile sectors. (Source: CRISIL Report). All the three yarn verticals are housed under a single corporate entity. This has facilitated our diversification into new segments which in turn has helped us in serving a large number of customers across various sectors. As on September 30, 2021, we have a diversified product portfolio with capability to manufacture more than 12,900 varieties of yarn products with more than 100,000 SKUs that are used in various forms and for varied end uses.

Projects

1. Project Name: Repayment or pre-payment, in full or in part, of certain of our outstanding borrowings availed by

Project Cost: 1600

2. Project Name: Investment in our subsidiary viz. Sanathan Polycot Private Limited, for repayment and/ or pre-paymen

Project Cost: 1400

3. Project Name: General corporate purposes

Project Cost: 709.52

Promoters

Prmoters Name

1. Nimbus Trust

2. D&G Family Trust

3. A&J Family Trust

4. P&B Family Trust

5. Paresh Vrajlal Dattani

6. Ajay Vallabhdas Dattani

7. Anilkumar Vrajdas Dattani

8. Dinesh Vrajdas Dattani

Prmoters Holdings
  • Pre Share Capital: 69755350
  • Pre Promoter Holding: 96.96
  • Offer to Public: 12622950
  • Post Share Capital: 65445008
  • Post Promoter Holding: 77.54

Registrar

Registrar Name:Karvy Computershare Pvt Ltd
Phone: 91-040-67161500
Email: einward.ris@karvy.com
Website: www.karvy.com

Lead Managers

  • Dam Capital Advisors Ltd. (Formerly IDFC Securities Ltd.)
  • ICICI Securities Ltd

Subscription Details

Field Description Field Value
Ipo Code 2132
Total Equity 12622950

Field Description Field Value
No of Shares Offered/Reserved For Qualified Institutional Buyers 3606556
No of Shares Bid For Qualified Institutional Buyers 272724754
Total No of Shares Bid For Qualified Institutional Buyers 75.62
No of Shares Offered/Reserved For Foreign Institutional Buyers 0
No of Shares Bid For Foreign Institutional Buyers 107335664
Total No of Shares Bid For Foreign Institutional Buyers 0.00
No of Shares Offered/Reserved For Mutual Fund 0
No of Shares Bid For Mutual Fund 34922004
Total No of Shares Bid For Mutual Fund 0.00
No of Shares Offered/Reserved For Qualified Institutional Buyers - Others 0
No of Shares Bid For Qualified Institutional Buyers - Others 130467086
Total No of Shares Bid For Qualified Institutional Buyers - Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Non-Institutional Buyers 2704918
No of Shares Bid For Non-Institutional Buyers 114168872
Total No of Shares Bid For Non-Institutional Buyers 42.21
No of Shares Offered/Reserved For Corporate 0
No of Shares Bid For Corporate 1240528
Total No of Shares Bid For Corporate 0.00
No of Shares Offered/Reserved For Individuals 0
No of Shares Bid For Individuals 107490270
Total No of Shares Bid For Individuals 0.00
No of Shares Offered/Reserved For Individuals - Others 0
No of Shares Bid For Individual Others 5438074
Total No of Shares Bid For Individual Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Retail Individual Investor 6311476
No of Shares Bid For Retail Individual Investor 56380912
Total No of Shares Bid For Retail Individual Investor 8.93
No of Shares Offered/Reserved For Retail Individual Investor - Cutoff 0
No of Shares Bid For Retail Individual Investor - Cutoff 49729542
Total No of Shares Bid For Retail Individual Investor - Cutoff 0.00
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 6651370
Total No of Shares Bid For Retail Individual Investor 0.00

Field Description Field Value
No of Shares Offered/Reserved For Employee 0
No of Shares Bid For Employee 0
Total No of Shares Bid For Employee 0.00
No of Shares Offered/Reserved Employee - Cutoff 0
No of Shares Bid For Employee - Cutoff 0
Total No of Shares Bid For Employee - Cutoff 0.00
Total No of Shares Bid Offered/Reserved For Employee 0
No of Shares Bid Offered/Reserved For Employee 0
Total No of Shares Bid For Employee 0.00

Field Description Field Value
No of Shares Offered/Reserved For All 12622950
No of Shares Bid For All 443274538
Total 35.12