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Sanathan Textiles Limited IPO

Sanathan Textiles Limited engaged in a one of the few companies in India (among their peer group) with the presence in polyester, cotton & industrial textiles (which find applications in multiple end-use segments including automotive, healthcare, manufacturing, sports and outdoor protective clothing include one of the sectors and their operating- On a revenue basis, they had the 1.7% of the total Indian textile and yarn industry for the financial year. All the three yarn vartikas are currently placed under the same company. They also have the significant share in the production of value-added products such as the dope-dyed, superfine fine the functional, industrial, technical yarn, cationic dyeable & specialty yarn after the extensive in-house research.  

Company Promoters:

·       Paresh Vrajlal Dattani

·       Ajay Vallabhdas Dattani

·       Anilkumar Vrajdas Dattani

·       Dinesh Vrajdas Dattani

·       Nimbus Trust D&G Family Trust

·       A&J Family Trust And P&B Family Trust

Objects of this Issue:

·       Repayment and/or prepayment of all or part of a loan incurred by their Company.

·       Investment in their subsidiary ie. Sanathan Polycot Private Limited, for payment and/or prepayment of all or part of a loan availed by their subsidiary viz.

·       General purposes of the company.

Financial Information of the Company:

Sanathan Textiles Limited IPO Schedule

1.     Bid or Offer Opens on: 19 November 2024
2.     Bid or Offer Closes on: 23 December 2024
3.     Finalization of BoA: 24 December 2024
4.     Initiation of Refunds: 26 December 2024
5.     Credit of share to Demat account: 26 December 2024
6.     Listing Date: 27 December 2024

Sanathan Textiles Limited IPO Lot Size

The market lot size of the SANATHAN TEXTILES LIMITED IPO is 1 share. Minimum and Maximum order quantity is as follows:

Company Contact Details:

Sanathan Textiles Limited IPO

SRV    NO.    187/4/1/2,  Near    Surangi Bridge, 

Surangi,  Dadra  & Nagar Haveli, Silvassa -396230, India

Phone: 91226634 3312/3/4/5/6

Email: investors@sanathan.com

Website: https://www.sanathan.com

Sanathan Textiles Limited IPO Registrar Details:

KFin Technologies Limited

Selenium, Tower B, Plot No. 31 and 32, Gachibowli,

Financial District, Nanakramguda, Serilingampally

Hyderabad - 500 032, Telangana, India

Phone: +91 40 6716 2222

Email:  stl.ipo@kfintech.com

Website:  www.kfintech.com