Sanathan Textiles IPO

Sanathan Textiles IPO is listed on BSE and NSE, priced at ₹305–₹321 per share. The stock debuted at ₹422.3, delivering a listing gain of 31.6%. The IPO had a lot size of ₹46 shares and a minimum investment of ₹14,766.

Sanathan Textiles Limited IPO

Mainboard Listed
₹14,766 (46 Shares)
Minimum Investment
Check Allotment
IPO Dates
Dec 19, 2024 – Dec 23, 2024
Price band
₹305-321 per equity share
Minimum Investment
₹14,766
Issue size
₹550 Cr
Lot size
46
Allotment Date
Dec 24, 2024
Listing
Dec 27, 2024
Listing At
BSE, NSE

IPO timeline

  1. Dec 19, 2024

    Open Date

    Completed

  2. Dec 23, 2024

    Close Date

    Completed

  3. Dec 24, 2024

    Allotment Date

    Completed

  4. Dec 27, 2024

    Listing Date

    Completed

Price Summary

Last closing
431.40 (34.39%)
52 week high
560.20
52 week low
352.60
Last update

Sanathan Textiles IPO Essentials

Sanathan Textiles IPO Details

Sanathan Textiles IPO is priced at ₹305-321 per share with a total issue size of 550 crore. The IPO has a lot size of 46 shares and is listed on BSE and NSE.

Issue price
₹305-321 per equity share
Lot size
46 shares
Face value
₹10 Per Equity Share
Issue size
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)
Total issue size
1,71,33,958 shares
(aggregating up to ₹550 crore)
Fresh issue
1,24,61,060 shares
(aggregating up to ₹400 crore)
Offer for sale (OFS)
46,72,898 shares
(aggregating up to ₹150 crore)
Listing at
BSE, NSE
List price
422.3(NSE)
Listing date
Registrar
Kfin Technologies Limited
Lead manager
Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd), ICICI Securities 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 Documents

Sanathan Textiles IPO Reservation

Sanathan Textiles IPO reservation details show category-wise allocation of shares. Out of the total 1,71,33,956 shares, approximately 20% are reserved for QIB, 15% for NII, 35% for retail investors, and 30% for 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%)
bHNI > ₹10L 17,13,396 (10%) 2,660
sHNI < ₹10L 8,56,698 (5%) 1,330
Retail Shares Offered 59,96,885 (35%) 1,30,367
Total Shares Offered 1,71,33,956 (100%)

Sanathan Textiles IPO Analytics

Sanathan Textiles IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Sanathan Textiles IPO Subscription Status

Sanathan Textiles IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
bHNI
sHNI
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
0.32x
0.12x
0.71x
0.76 x 0.45 x
Day 2 20-12-24 05:00 PM
0.09 x
1.53x
0.85x
2.88x
2.15 x 1.43 x
Day 3 23-12-24 05:00 PM
75.62 x
42.16x
46.05x
34.38x
8.79 x 35.04 x
Total No. of Applications
bHNI sHNI Retail
11,64,053 (Approx) —x —x 8.33x

Sanathan Textiles Valuations

Earnings

EPS Pre IPO
₹18.60/-
EPS Post IPO
₹23.73/-
P/E Pre IPO
17.25
P/E Post IPO
13.53

Returns

ROE
11.09%
ROCE
11.80%
RoNW
10.42%

Fundamentals

Debt / Equity
0.17
Price / Book
1.81

Data sourced from DRHP / RHP • For educational purposes only

Sanathan Textiles Financials( In Crs.)

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

Sanathan Textiles Company & Offer Insights

About Sanathan Textiles

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 are the company's promoters of Sanathan Textiles.

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

Sanathan Textiles IPO - Strengths and Risks

Sanathan Textiles IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.

Strengths

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.

Risks

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 Information

Contact Details

Sanathan Textiles

+91 22 6634 3312

investors@sanathan.com

https://www.sanathan.co/

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

Registrar Contact Details

Kfin Technologies Limited

04067162222, 04079611000

stl.ipo@kfintech.com

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

Frequently Asked Questions

Click any question to reveal the answer

Sanathan Textiles IPO is a book-built IPO worth ₹550 crore. The price band is ₹305–₹321 per share. The IPO opens on Dec 19, 2024 and closes on Dec 23, 2024. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.

The price band of Sanathan Textiles IPO is ₹305 to ₹321 per share.

The lot size of Sanathan Textiles IPO is 46 shares.

The minimum investment for Sanathan Textiles IPO is approximately ₹14,766 based on the upper price band .

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

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

Sanathan Textiles IPO is expected to be listed on Dec 27, 2024, on BSE and NSE .

Sanathan Textiles IPO listed on Dec 27, 2024. It was issued at ₹422.3(NSE) and is currently around ₹431.40 as on 14-May-2026 3:30 PM, which is approximately 34.4% versus issue price. The 52-week high is ₹560.20.

Based on listing and post-listing performance, Sanathan Textiles IPO delivered around 34.4% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Sanathan Textiles IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Sanathan Textiles IPO valuation snapshot: P/E 13.53, EPS ₹23.73/-, P/B 1.81, RoNW 10.42%, and market cap N/A.

To apply for Sanathan Textiles IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Sanathan Textiles IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Sanathan Textiles IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Sanathan Textiles IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Sanathan Textiles IPO allotment status on IPO Ji for quick and easy access.