Sanathan Textiles Ltd.

Industry:

Textile - Spinning

Issue Details

  • Open Date

    19 Dec 2024
  • Close Date

    23 Dec 2024
  • Size (in Crs.)

    385.00 - 405.20

  • Size (Shares)

    -
  • Listing On

    BSE, NSE

Issue Terms

  • Price Range

    -16
  • Lot Size

    46

  • Type

    Book building

  • Face Value

    10

  • Market Lot

    1

Objective of the Issue

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 funding of its long-term workingcapital requirements; and3. General corporate purposes.

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 t...  Show More

Address

Srv No. 187/4/1/2 , Near Surangi Bridge , Surangi

Dadra & Nagar Haveli

396230

State

Union Territory

Phone No.

0260 3269197

Website

www.sanathan.com

Promoter Holding

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

Total Share Capital

71943000

Offered to Public

18032782

% Promoter's Holding (Pre-Issue)  

100

% Promoter's Holding (Post-Issue)  

-

Shares on offer

Total Share Offer

71943000

Of above offred to public

18032782

Post Issue shares

NA

Post Issue Promoters

-

Lead Managers to the Issue:

Dam Capital Advisors Ltd. (Formerly IDFC Securities Ltd.), ICICI Securities Ltd

Registrar Details

Registrar Name:

K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)

Address

Karvy Selenium Tower B, Plot 31-32 , Gachibowli,Financial District , Nanakramguda , Hyderabad

500032

Phone No.

040 - 67162222/18003094001

Website

www.kfintech.com

Fax

-

Prudent Corporate Advisory Services Ltd.
"Prudent House", Panjrapole Cross Road,
Nr. Polytechnic, Ambawadi,
Ahmedabad - 380 015, Gujarat, India.
For Queries:
[email protected]
1800 419 5051 (Toll Free)
Compliance Officer:
Mrs. Rima Patel
[email protected]
(079) 40209600
Social Media

Prudent Corporate Advisory Services Ltd.(PCAS): Member of NSE & BSE – SEBI Registration No as stock broker: INZ000293634. Member ID : - NSE : 90209, BSE : 6733, CDSL – IN-DP- 477-2020 (DP ID: 12090600), Research Analyst - INH000018115, CIN - L91120GJ2003PLC042458.

Registered Address: Prudent House, Panjrapole Cross Road, Nr. Polytechnic, Ambawadi, Ahmedabad - 380015, Gujarat, India.

For any complaints pertaining to securities / broking please write a mail to [email protected]

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Company does not offer any scheme for any assured returns. In case, any such scheme offered by any of employee or other Authorized Person of the company, the same should not be accepted and no investment in such scheme to be made. In case of any such scheme offered by any person, kindly contact compliance team of the company on (+91) (79) 40209600. In case any investment made in such scheme, company will not be responsible for any claims or grievances for any loss on account of relying on the said scheme. 

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