Sanathan Textiles Ltd.
Industry:
Textile - Spinning
Issue Details
Open Date
19 Dec 2024Close Date
23 Dec 2024Size (in Crs.)
405.197
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 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.
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
69755350
Offered to Public
12622950
% Promoter's Holding (Pre-Issue)
96.96
% Promoter's Holding (Post-Issue)
77.54
Shares on offer
Total Share Offer
69755350
Of above offred to public
12622950
Post Issue shares
NA
Post Issue Promoters
77.54
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