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Sanathan Textiles IPO
13.04xsubscribed

Sanathan Textiles IPO

Textile
listed
₹14,030Min. investment

Sanathan Textiles Limited IPO Details

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
RevenueApr 2023 - Mar 2024
₹2,957.5CrHigher than sector avg
Growth rate3Y CAGR
-3.64%

Sanathan Textiles IPO Timeline

  1. Pre-apply
    18 Dec 2024
  2. Bid start
    19 Dec 2024
  3. Bid end
    23 Dec 2024
  4. Allotment
    24 Dec 2024
  5. Release of funds
    26 Dec 2024
  6. Demat transfer
    26 Dec 2024
  7. Listing
    27 Dec 2024

About Sanathan Textiles Limited

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.

Sanathan Textiles IPO Analysis

IPO REVIEW

Sanathan Textiles IPO | Analysis Video

Should you apply?

Watch our analysts break down the Sanathan Textiles IPO — business model, financials, valuation and key risks — to help you decide whether to apply. The video covers the IPO price band, important dates, and what the subscription numbers mean for retail investors.

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

Objectives of Sanathan Textiles IPO

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.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹2,957.5Cr-3.64%₹133.85Cr₹2,709.37Cr17.260.30
This sector (avg.)₹454.61Cr0%₹6.27Cr₹1,147.5Cr44.260.81
₹4,934.91Cr---₹729.14Cr₹36,802.21Cr48.160.19
₹6,387.88Cr---₹815.11Cr₹29,722.44Cr35.480.09
₹4,937.87Cr---₹874.41Cr₹13,216.91Cr22.420.40

*Revenue for financial year 2023-24. Lower P/E and D/E ratios are generally preferred.

Sanathan Textiles IPO Contact Details

Company NameSanathan Textiles Limited

How to apply for Sanathan Textiles IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Sanathan Textiles IPO FAQs