Sanathan Textiles IPO

13.04x

subscribed

Sanathan Textiles IPO

Textile
listed
₹14,030Min. investment
  1. Pre-apply
    18 Dec
  2. Bid start
    19 Dec
  3. Bid end
    23 Dec
  4. Allotment
    24 Dec
  5. Release of funds
    26 Dec
  6. Demat transfer
    26 Dec
  7. Listing
    27 Dec

About Sanathan Textiles Limited

SectorTextile
Price range₹305 – ₹321
IPO type
Regular
Lot size46 shares
Issue size₹550Cr
Red Herring Prospectus
Read

Market Cap

₹2,709.37CrHigher than sector avg

Revenue

Apr 2023 - Mar 2024
₹2,957.5CrHigher than sector avg

Growth rate

3Y CAGR
-3.64%

Checklist

Quality analysis

Revenue growth
Company valuation
Earnings expansion

Risk analysis

Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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Revenue

Higher revenue means strong sales and good market demand
This IPO
₹2,957.5Cr
This sector
₹440.04Cr
Compare with companies

PAT

Higher PAT means strong profitability and efficient cost management
This IPO
₹133.85Cr
This sector
₹11.19Cr
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Market cap

Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹2,709.37Cr
This sector
₹1,224.69Cr
Compare with companies

P/E ratio

Lower ratio usually means stock is undervalued
This IPO
17.26
This sector
103.05
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D/E ratio

Lower ratio usually means fewer liabilities
This IPO
0.30
This sector
0.81
Compare with companies
Objectives
Repayment of borrowings
The company will use ₹160 crores of IPO proceeds to repay part of its borrowings.
Investment in Subsidiary
The company will allocate ₹140 crores to reduce borrowings of its subsidiary, Sanathan Polycot.
General corporate purpose
The company will reserve a part of the IPO proceeds for general corporate purposes.

About Sanathan Textiles IPO

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.

IPO Analysis

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IPO REVIEW
Sanathan Textiles IPO
Should you apply?

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Sanathan Textiles IPO ?

The issue size of the Sanathan Textiles IPO is 550 Cr.

What is 'pre-apply' for Sanathan Textiles IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Sanathan Textiles IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.