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Issue Open Date
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19-Dec-24
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Issue Closing Date
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23-Dec-24
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Application Money
|
100
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Allotment Money
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Price Band
|
305
-
321
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Minimium Application No.
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46
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Issue Size (Shares)
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12622950
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Market Lot
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1
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Objective
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1. Repayment and/ or pre-payment, in full or part, of certain borrowings availed by our Company.2. Investment in our subsidiary viz. Sanathan Polycot Private Limited, for repayment and/ or pre-payment, in full or part, of certain borrowings availed by our subsidiary viz. Sanathan Polycot Private Limited.3. General corporate purposes.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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|
Offered / Reserved |
Bid For |
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Non-Institutional Investors
|
2704918
|
114168872
|
42.207886523732
|
Qualified Institutional Buyers
|
3606556
|
272724754
|
75.6191652091358
|
Retail Individual Investors
|
6311476
|
56380912
|
8.9330787283355
|
|
|
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Business Description
We are one of the few companies in India with presence across the polyester, cotton and technical textile sectors. (Source: CRISIL Report). All the three yarn verticals are housed under a single corporate entity. This has facilitated our diversification into new segments which in turn has helped us in serving a large number of customers across various sectors. As on September 30, 2021, we have a diversified product portfolio with capability to manufacture more than 12,900 varieties of yarn products with more than 100,000 SKUs that are used in various forms and for varied end uses.
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Promoter's Holding
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|
Total Share Capital
|
69755350
|
|
Offered to Public
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12622950
|
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Promoter's Holding (Pre-Issue)
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96.96
|
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Promoter's Holding (Post-Issue)
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77.54
|
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|
|
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Address |
Srv No. 187/4/1/2 Near Surangi Bridge Surangi
Dadra & Nagar Haveli,
Union Territory,
396230
Phone : 0260 3269197
Email : investors@sanathan.com
Website : www.sanathan.com
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Registrar |
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B Plot 31-32 Gachibowli Financial District Nanakramguda Hyderabad
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Listed at |
BSE, NSE
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Lead Manager |
Dam Capital Advisors Ltd. (Formerly IDFC Securities Ltd.) ICICI Securities Ltd
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Promoters |
A&J Family Trust Ajay Vallabhdas Dattani Anilkumar Vrajdas Dattani D&G Family Trust Dinesh Vrajdas Dattani Nimbus Trust P&B Family Trust Paresh Vrajlal Dattani
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