Sanathan Textiles Limited IPO

Mainboard

Other Textile Products

Listed On: Dec 27, 2024 at ₹ 422.3(NSE)

₹ 14766 /46 Shares

Check Allotment

19 Dec, 2024

Open Date

23 Dec, 2024

Close Date

24 Dec, 2024

Allotment Date

27 Dec, 2024

Listing Date

Price Summary

Last Closing

500.10 (55.79%)

52 Week High

560.20

52 Week Low

286.95

Last Update

13-Oct-2025 3:30 PM

Sanathan Textiles IPO Issue Details

Issue Price ₹305-321 per equity share
Face Value ₹10 Per Equity Share
Total Issue Size 1,71,33,958 shares(aggregating up to ₹550 crore)
Fresh Share 1,24,61,060 shares(aggregating up to ₹400 crore)
Offer For Sale 46,72,898 shares(aggregating up to ₹150 crore)
Listing at BSE, NSE
List Price 422.3(NSE)
Listing Date 2024-12-27
Lead Manager Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd)
ICICI Securities Limited
Registrar Kfin Technologies Limited

Market Lot Size

Investors can bid for a minimum of 46 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application	Lots	Shares	Amount
Retail (min)	1	46	₹14,766
Retail(max)	13	598	₹1,91,958

Sanathan Textiles IPO Reservation

Sanathan Textiles IPO offers total 1,71,33,956 shares. Out of which 34,26,791 (20%) allocated to QIB, 25,70,093 (15%) allocated to NII,59,96,885 (35%) allocated to RII, NA (NA%) allocated to employees and 51,40,186 (30%) allocated to Anchor investors.

Investor Category	Shares Offered	Maximum Allottees
Anchor Investor Shares Offered	51,40,186 (30%)
QIB Shares Offered	34,26,791 (20%)
NII (HNI) Shares Offered	25,70,093 (15%)
bNII < ₹10L	17,13,396 (10%)
sNII < ₹10L	8,56,698 (5%)
Retail Shares Offered	59,96,885 (35%)
Total Shares Offered	1,71,33,956 (100%)

Sanathan Textiles IPO Documents

DRHP

RHP

ANCHOR

Sanathan Textiles IPO Details

Sanathan Textiles IPO is a book-built issue of ₹550 crores, The total issue size is ₹550 crores. The IPO of Sanathan Textiles is priced at ₹305-321 per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from Dec 19, 2024 and ends on Dec 23, 2024. The allotment for Sanathan Textiles IPO will be finalized on Dec 24, 2024. Sanathan Textiles IPO will be listed on BSE, NSE, with a tentative listing date fixed as Dec 27, 2024. The company shall list its equity shares on the BSE, NSE. Kfin Technologies Limited is the registrar of the issue.

Retail investors can bid for a minimum of 46 shares, extendable to 14,766. The book-running lead manager for the IPO is/are Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd), ICICI Securities Limited.

The total issue ₹550 crore, comprising a fresh issue of 1,24,61,060 shares ₹400 crore and having Offer for Sale (OFS) of 46,72,898 shares to mop up ₹150 crore.

The Sanathan Textiles IPO sets its price band at 305-321 for each share. A single application for Sanathan Textiles Limited IPO must contain at least 46 shares. Sentiment investors need to invest a minimum of 46 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹14,766

As on	QIB	NII bNII sNII	Retail	Total
Shares Offered / Reserved	34,26,791	25,70,093 17,13,396 8,56,698	59,96,885	1,19,93,770
Day 1 19-12-24 05:00 PM	0.00 x	0.32 0.12 x 0.71 x	0.76 x	0.45 x
Day 2 20-12-24 05:00 PM	0.09 x	1.53 0.85 x 2.88 x	2.15 x	1.43 x
Day 3 23-12-24 05:00 PM	75.62 x	42.16 46.05 x 34.38 x	8.79 x	35.04 x

Total No of Applications

11,64,053

Subscription on the basis of Applications

Retail:8.33x BHNI:9.26x SHNI:35.6x

Sanathan Textiles Valuations

EPS Pre IPO ₹18.60/-

EPS Post IPO ₹23.73/-

P/E Pre IPO 17.25

P/E Post IPO 13.53

ROE 11.09%

ROCE 11.80%

Debt/Equity 0.17

RoNW 10.42%

Price to Book Value 1.81

Sanathan Textiles Company Financials

In Crs.

In Cr.

	31-Mar-24	31-Mar-23	31-Mar-22
Assets	2,203.68	1,906.67	1,796.47
Revenue	2,979.8	3,345.02	3,201.46
Profit After Tax	133.85	152.74	355.44
Net Worth	1,273.98	1,140.13	987.39
Total Borrowing	379.88	281	378.19

About Sanathan Textiles Company

Incorporated in the year 2005, Sanathan Textiles Limited is one of the major polyester yarn manufacturers in the world, a global cotton yarn supplier, and technical textiles and industrial yarn leader. It has three core verticals: polyester yarn products, cotton yarn products, and yarns for technical textiles. These cater to automotive, healthcare, construction, sports, and protective clothing. With a strong portfolio of more than 14,000 yarn varieties and 190,000 SKUs, the company had more than 3,200 active product varieties as of September 30, 2024.

Sanathan Textiles has an impeccable worldwide platform, with exports to 27 countries and a distribution base of 925 associates through network areas like India, Canada, Germany, Singapore, and so on. Sanathan Textiles has the facility at Silvassa having state-of-the-art production technology for hassle-free manufacturing for its varied customer clientele, including the leading organizations such as Welspun India Limited, AYM Syntex Limited, Banswara Syntex Limited.

This includes the commitment of the company towards innovation, product diversification, and sustainability-driven manufacturing which makes the company stand atop the market in yarn industries. By focusing strategically on expanding the manufacturing capacity of the products, new products being designed, and embracing digitization for sustainable practices, Sanathan Textiles has become one of the most valued polyester, cotton, and technical yarns in industry applications.

Sanathan Textiles - Promoter(s)

Nimbus Trust, D&G Family Trust, A&J Family Trust, P&B Family Trust, Paresh Vrajlal Dattani, Ajay Vallabhdas Dattani, Anilkumar Vrajdas Dattani and Dinesh Vrajdas Dattani

Pre Issue Share Holding : 100%

Post Issue Share Holding : 79.70%

Sanathan Textiles IPO - Issue Objectives

Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the Company

Investment in the company’s subsidiary, viz. Sanathan Polycot Private Limited for funding its long-term working capital requirements

General corporate purposes

Sanathan Textiles IPO - Anchor Investors

Sanathan Textiles mobilises Rs 165 crore via anchor book.

Pinebridge Global Funds, SBI General Insurance, Societe Generale, Edelweiss Trusteeship, Whiteoak Capital, and Ashoka India Equity Investment Trust amongst the leading institutional investors participated in the anchor book.

Domestic fund houses like SBI Mutual Fund, Nippon Life India, HDFC Mutual Fund, Kotak Mahindra AMC, Motilal Oswal Mutual Fund, Bandhan Mutual Fund, and LIC Mutual Fund also invested in the company

Sanathan Textiles IPO - Peers Comparison

	P/B Ratio	P/E Ratio	RoNW	Revenue(in Cr.)
Sanathan Textiles	1.74	20.2	19.5%	2,980
K P R Mill	8.31	48.2	19.5%	6,028
Vardhman Textiles	1.67	19.7	7.09%	9,600
Indo Count	3.49	24.8	17.5%	3,784
Filatex India	2.37	25.3	9.60%	4,212

Strength

Sanathan Textiles excels with polyester, cotton, and technical yarns.

Strategic location in Gujarat boosts logistical efficiency and production.

The new Punjab facility will triple the polyester yarn capacity by 2027.

Weakness

Lack of long-term agreements may lead to revenue unpredictability for Sanathan Textiles.

Operational disruptions at production facilities could significantly affect business outcomes.

Uncertain demand forecasting could impact production and financial stability adversely.

Contact Details

Sanathan Textiles

SRV NO. 187/4/1/2, Near Surangi Bridge, Surangi, Dadra & Nagar Haveli, Silvassa 396230

+91 22 6634 3312

investors@sanathan.com

https://www.sanathan.co/

Registrar Contact Details

Kfin Technologies Limited

04067162222, 04079611000

stl.ipo@kfintech.com

https://kosmic.kfintech.com/ipostatus/

Sanathan Textiles IPO - FAQs

Ans. Sanathan Textiles Limited IPO is a Mainboard IPO. The issue is priced at ₹305-321 per equity share. The minimum order quantity is 46 Shares. The IPO opens on Dec 19, 2024, and closes on Dec 23, 2024. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Sanathan Textiles Limited IPO opens on Dec 19, 2024 and closes on Dec 23, 2024.

Ans. You can track the real-time subscription numbers using the links below:

Ans. The size of Sanathan Textiles Limited IPO is Total ₹550 Cr : #Fresh Issue : 1,24,61,060 shares(aggregating up to ₹400.00 Cr) + #OFS : 46,72,898 shares of ₹10(aggregating up to ₹150.00 Cr).

Ans. The Sanathan Textiles Limited IPO price band is set between ₹305-321 per equity share.

Ans. To apply for Sanathan Textiles Limited IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Sanathan Textiles Limited IPO in the List of IPOs
- Press Apply Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Sanathan Textiles Limited IPO is Dec 24, 2024.

Ans. The Sanathan Textiles Limited IPO will be listed on Dec 27, 2024.

Ans. Follow the steps to check the Sanathan Textiles Limited IPO allotment status online.