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Sanathan Textiles Ltd. IPO
Sanathan Textiles Ltd., established in 2005, operates in the Textiles - General sector. The company's IPO opened on December 19, 2024 and closed on December 23, 2024, with an issue price of ₹321. The ... Read more
IPO Timeline
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19 Dec 2024Bidding Starts
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23 Dec 2024Bidding Ends
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24 Dec 2024Allotment Finalization
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27 Dec 2024Listing
About Sanathan Textiles Ltd.
Our 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. Our products are manufactured at our ... Read more
Sanathan Textiles Ltd. IPO Reservation
| Investors Category | Shares Offered |
|---|---|
| Anchor Investors | 51,40,187 (30%) |
| Non Institutional Investors | 25,70,093 (15%) |
| Qualified Institutional Buyers (QIBs) | 34,26,791 (20%) |
| Retail Individual Investors (RIIs) | 59,96,885 (35%) |
Sanathan Textiles Ltd. Financial Information
| Year End | Revenue | PAT | Reserves & Surplus |
|---|---|---|---|
| 31 Mar 2024 | 2,986.11 Cr | 141.32 Cr | 1,212.04 Cr |
| 31 Mar 2023 | 3,346.82 Cr | 156.20 Cr | 1,070.41 Cr |
| 31 Mar 2022 | 3,201.49 Cr | 355.53 Cr | 914.45 Cr |
Sanathan Textiles Ltd. Background
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2006Company took over the business of manufacturing polyester yarn from Sanathan Texturisers with capacity of 4,500 MTPA.
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2007Our Company commenced cotton yarn manufacturing at our facility located at Silvassa with a capacity of 1,500 MTPA.
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2008Achieved installed manufacturing capacity of polyester yarn at 13,550 MTPA, tripled from 4,500 MTPA in the year 2004 by gradual expansion.
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2011Undertook expansion for doubling the manufacturing capacities of cotton yarn from 1,500 MTPA to 3,500 MTPA.
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2013Setting up of a fully integrated plant for polyester yarn and achieved the installed manufacturing capacity of 46,500 MTPA tripled from 13,550 MTPA in the year 2008 by gradual expansion.
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2014Undertook expansion for almost doubling the manufacturing capacity of polyester yarn from 46,500 MTPA to 92,950 MTPA.
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2015Undertook expansion for increasing the manufacturing capacities of cotton yarn from 3,500 MTPA to 6,200 MTPA.
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2017Undertook an expansion of value-added product basket and installation of upgraded machinery for polyester and cotton yarn of partially oriented yarn and fully oriented yarn.
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2018Setting-up of plant for manufacturing of yarns for industrial and technical textile with a capacity of 5,475 MTPA.
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2019Installed manufacturing capacity of polyester yarn reached capacity of 200,750 MTPA, almost doubled from 92,950 MTPA in the year 2014 by gradual expansion.
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2020More than doubled the capacity of cotton yarn manufacturing from 6,200 MTPA in the year 2019 to 14,000 MTPA.
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2021IDY capacity expansion up to 9000 MTPA.
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2024Subsidiary commences production of Double Twisted Cotton Yarn at Silvassa Unit 3 with production capacity of 540 MTPA.
| Pricing Details | BSE | NSE |
|---|---|---|
| Issue Price | ₹ 321.00 | ₹ 321.00 |
| Open | ₹ 419.10 | ₹ 422.30 |
| Low | ₹ 382.00 | ₹ 382.00 |
| High | ₹ 422.65 | ₹ 423.00 |
| Last Trade | ₹ 389.00 | ₹ 388.35 |
1. Paresh Vrajlal Dattani
2. Ajay Vallabhdas Dattani
3. Dinesh Vrajdas Dattani
4. Anilkumar Vrajdas Dattani
5. D&G Family Trust
6. P&B Family Trust
7. A&J Family Trust
8. Nimbus Trust
The global textile industry has grown consistently between CY2018 to CY2023, barring CY2020, which saw a decline due to Covid-19. Going ahead, the industry is expected to grow at a CAGR of 2.5 - 3.5% between CY2023 to CY2027 to reach ~USD 1,780-1,830 billion in CY2027. Indian textile and apparel ... Read more
Phone no:3269197
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Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article
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