Sanathan Textiles Limited
|
Lot Size
1 Lot = 46 Qty |
Min Investment
₹14766 |
|
Subscription
Oversubscribed |
Listing Gain
0(Points) |
IPO Details
|
Open Date
Dec 19, 2024 |
Close Date
Dec 23, 2024 |
Allotment Date
Dec 24, 2024 |
|
Allotment Date
Dec 24, 2024 |
Refund Initiation
Dec 26, 2024 |
Demat Transfer
Dec 26, 2024 |
|
Listing Date
Dec 27, 2024 |
Fresh Issue
400 |
Offer For Sale
150 |
|
Issue Price
₹305 to ₹321 |
Face Value
₹10 |
Issue Type
Fresh Issue |
|
Total Issue Size
550 CR |
QIB + NII Quota
50 + 15% |
Retail Quota
35% |
|
Listing On
NSE & BSE |
Registrar
KFin Technologies Private Ltd |
Company Financial Rusult In Crore
| PERIOD | ASSET | REVENUE | PROFIT |
|---|---|---|---|
| 30-Jun-2024 | 2529.53 | 787.76 | 50.07 |
| 31-Mar-2024 | 2203.68 | 2979.80 | 133.85 |
| 31-Mar-2023 | 1906.67 | 3345.02 | 152.74 |
| 31-Mar-2022 | 1796.47 | 3201.46 | 355.44 |
About The Company
Incorporated in the year 2005, Sanathan Textiles Limited is one of the major polyester yarn manufacturers in the world, a global cotton yarn supplier, and technical textiles and industrial yarn leader. It has three core verticals: polyester yarn products, cotton yarn products, and yarns for technical textiles. These cater to automotive, healthcare, construction, sports, and protective clothing. With a strong portfolio of more than 14,000 yarn varieties and 190,000 SKUs, the company had more than 3,200 active product varieties as of September 30, 2024.
Sanathan Textiles has an impeccable worldwide platform, with exports to 27 countries and a distribution base of 925 associates through network areas like India, Canada, Germany, Singapore, and so on. Sanathan Textiles has a facility at Silvassa that has state-of-the-art production technology for hassle-free manufacturing for its varied customer clientele, including leading organizations such as Welspun India Limited, AYM Syntex Limited, and Banswara Syntex Limited.
This includes the commitment of the company towards innovation, product diversification, and sustainability-driven manufacturing which makes the company stand atop the market in yarn industries. By focusing strategically on expanding the manufacturing capacity of the products, new products being designed, and embracing digitization for sustainable practices, Sanathan Textiles has become one of the most valued polyester, cotton, and technical yarns in industry applications.
Sanathan Textiles - Strength and Weakness
Strength
- Sanathan Textiles excels with polyester, cotton, and technical yarns.
- Strategic location in Gujarat boosts logistical efficiency and production.
- The new Punjab facility will triple the polyester yarn capacity by 2027.
Weakness
- A lack of long-term agreements may lead to revenue unpredictability for Sanathan Textiles.
- Operational disruptions at production facilities could significantly affect business outcomes.
- Uncertain demand forecasting could impact production and financial stability adversely.