Sanathan Textiles
Listed
Listed
IPO Timeline
Issue open date
19 Dec 2024Issue close date
23 Dec 2024UPI mandate deadline
23 Dec 2024Allotment finalization
24 Dec 2024Refund initiation
26 Dec 2024Share credit
26 Dec 2024Listing date
27 Dec 2024Mandate end date
7 Jan 2025Lock-in end date for anchor investors (50%)
23 Jan 2025Lock-in end date for anchor investors (remaining)
24 Mar 2025Key Dates
Open
19 Dec 2024Close
23 Dec 2024Listing
27 Dec 2024Quick Stats
Issue Size:550cr
Lot Size:46 shares
About the Company
Sanathan Textiles Limited, established in 2005, manufactures polyester, cotton, and technical yarns used in various sectors, including automotive, healthcare, and construction. The company operates from a facility in Silvassa, with an installed capacity of 223,750 MTPA. As of September 2024, it produces over 3,200 active yarn varieties and 45,000 stock-keeping units (SKUs), with the ability to create a diverse range of yarn products. Sanathan Textiles exports to several countries and has a network of distributors across India and internationally. The company supplies yarn to various clients in the textile and manufacturing sectors.
Strengths
No strengths provided as of now. Please check back later.
Risks
- No long-term raw material agreements.
- Demand forecasting and inventory management challenges.
- High working capital needs and potential funding issues.
- Customer payment delays/defaults.
- Exposure to currency fluctuations and geopolitical risks (due to imports).
- Impact of import duties/restrictions on export competitiveness.
Sanathan Textiles IPO – Frequently Asked Questions
- The price band for the Sanathan Textiles IPO is set at ₹305 to ₹321 per share.
- The Sanathan Textiles IPO opens on December 19, 2024 and closes on December 23, 2024.
- The tentative listing date for the Sanathan Textiles IPO is December 27, 2024.
- You can apply for the Sanathan Textiles IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Sanathan Textiles, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Sanathan Textiles IPO is 46 shares. Investors must apply for at least one lot (i.e., 46 shares).