Sanathan Textiles IPO
mainboardlistedAbout the company
Incorporated in 2005, Sanathan Textiles is a leading Indian yarn manufacturer with a 1.7% market share in FY24, offering 14,000+ products across polyester, cotton, and technical yarns. Serving 20,066+ customers in 27 countries, its FY24 revenue was ₹2,957.50 crores. The Silvassa facility (223,750 MTPA) and upcoming Punjab plant (581,990 MTPA by FY27) drive its operations. Focused on value-added products, the company leverages India's 6-7% textile industry CAGR, aiming to meet rising global demand.
Strengths
Risks
Financial performance (₹ Cr)
IPO Roadmap / Timeline
IPO Opens
Completed19 Dec 2024Bidding starts for all investor categories
IPO Closes
Completed23 Dec 2024Last day to place your bid
Basis of Allotment
Completed24 Dec 2024Share allotment finalised
Refund Initiation
Completed26 Dec 2024Refunds credited for non-allottees
Credit to Demat
Completed26 Dec 2024Allotted shares credited to demat account
Listing on Exchange
Completed27 Dec 2024Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail | 1 | 46 | ₹14,766 | 13 | ₹191,958 | ≤ ₹2,00,000 |
| sHNI (Small HNI) | 14 | 644 | ₹206,724 | 67 | ₹989,322 | ₹2L – ₹10L |
| bHNI (Big HNI) | 68 | 3128 | ₹1,004,088 | 73 | ₹1,077,918 | > ₹10L |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 8,785,943 | 275 | 0 | 0.00x | 100% |
| NII | 15% | 2,635,783 | 82.5 | 0 | 0.00x | 100% |
| Retail | 35% | 6,150,160 | 192.5 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
