Sanathan Textiles Ltd.
Industry:
Textile - Spinning
Issue Details
Open Date
19 Dec 2024Close Date
23 Dec 2024Size (in Crs.)
385.00 - 405.20
Size (Shares)
-Listing On
BSE, NSE
Issue Terms
Price Range
-16Lot 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
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