Sanathan Textiles Limited

Company Profile
Company Name Sanathan Textiles Limited
Open Date 19-12-2024
Close Date 23-12-2024
Exchange BSE, NSE
Lot Size 46 Shares
Issue Price ₹305 to ₹321 per share
Issue Size 1,71,33,958 shares
Application Amount ₹ 14,766 – ₹ 1,91,958 (46 to 598 shares)
Recommendation Apply

Incorporation: Sanathan Textiles Limited was
originally incorporated on October 10, 2005. The
company has its registered office in Dadra and Nagar
Haveli, Silvassa, India.
▪ Business Activity: The company is engaged in the
business of manufacturing textile yarn, which is
divided into three separate business verticals,
consisting of: (a) Polyester yarn products; (b) Cotton
yarn products; and (c) Yarns for technical textiles and
industrial uses.
▪ Human Resource: The company had 1,394
employees, and 2,964 persons on contract labour as of
September 30, 2024.

(Read more on the review)

Financial Summary in Cr

KPI’s FY 22 FY 23 FY 24
Revenue 3,185.32 3,329.21 2,957.50
EBITDA 537.61 259.53 226.58
Net Profit 355.44 152.74 133.85
RoCE 37.06% 15.00% 10.73%
ROE 36.03% 13.40% 10.50%
P/E 6.50 15.11 17.26

Tentative Timeline

Opening Date 19/12/2024
Closing Date 23-12-2024
Basis of Allotment 24-12-2024
Initiation of Refunds 26-12-2024
Credit of Shares to Demat 26-12-2024
Listing Date 27-12-2024

Objects of the Issue

Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the Company
Investment in the subsidiary viz. Sanathan Polycot Private Limited, for repayment and/ or pre-payment, in full or part, of certain borrowings availed by the subsidiary viz. Sanathan Polycot Private Limited
General Corporate Purposes and Offer For Sale

Contact Information

Registered Office 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://sanathan.com/

Registrar Details

Name Kfin Technologies Limited
Phone 04067162222, 04079611000
Email -
Website https://kosmic.kfintech.com/ipostatus/

IPO Reservation

Anchor Investor Shares Offered 51,40,186 (30%)
QIB Shares Offered 34,26,791 (20%)
NII (HNI) Shares Offered 25,70,093 (15%)
Retail Shares Offered 59,96,885 (35%)
Total Shares Offered 1,71,33,956 (100%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 97.54%
Share Holding Post Issue (Promoters) 77.60%

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