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IPO Note | Open

Sanathan Textiles Ltd

Minimum Investment

14,766

Retail Investor can invest upto Rs 0 in IPO
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Retail Discount

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Open Date

19-Dec-24
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Close Date

23-Dec-24
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Application Timing

IPO Details

  • Min Order Quantity
    46
  • Price Range
    305-321
  • Issue Size
    550
  • Face Value
    10
  • Listing at
    BSE
  • IPO Doc
    DRHP PDFpdf - img

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Lead Manager

DAM Capital Advisors Ltd

About Company

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    Parent Organization
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    Founded
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    Managing Director
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    Website
    https://www.sanathan.com
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    Registered Office
    SRV No 187/4/1/2,Near Surangi Silvassa,
    Dadra & Nagar Haveli,396230,Union Territory

IPO Schedule

Offer Start

19-Dec-24

Offer End

23-Dec-24

Allotment Finalization

Refund initiation

Demat transfer

Listing

Key Objective

Initial public offer of up to [*] equity shares of face value of Rs. 10 each (Equity Shares) of Sanathan Textiles Limited ("Company" or "Issuer") for cash at a price of [*] per equity share (including a share premium of Rs.[*] per equity share) (offer price) aggregating up to Rs. 550.00 crores (offer) comprising a fresh issue of up to [*] equity shares aggregating up to Rs. 400.00 crores by the company (fresh issue) and an offer for sale of up to [*] equity shares aggregating up to Rs. 150.00 crores by the selling shareholders (offer for sale) comprising up to [*] equity shares aggregating up to Rs. 30.94 crores by Paresh Vrajlal Dattani, up to [*] equity shares aggregating up to Rs. 34.68 crores by Ajay Vallabhdas Dattani, up to [*] equity shares aggregating up to Rs. 35.56 crores by Anilkumar Vrajdas Dattani, up to [*] equity shares aggregating up to Rs. 37.19 crores by Dinesh Vrajdas Dattani (the "Promoter Selling Shareholders"), up to [*] equity shares aggregating up to Rs. 0.25 crores by Vajubhai Investments Private Limited, up to [*] equity shares aggregating up to Rs. 0.25 crores by Vallabhdas Dattani Huf, up to [*] equity shares aggregating up to Rs. 2.25 crores by Sonali Ajaykumar Dattani, up to [*] equity shares aggregating up to Rs. 0.25 crores by Dattani Dineshkumar Vrajdas Huf and up to [*] equity shares aggregating up to Rs. 3.50 crores by Beena Paresh Dattani , up to [*] equity shares aggregating up to Rs. 1.75 crores by Anilkumar Vrajdas Dattani Huf, up to [*] equity shares aggregating up to Rs. 3.00 crores by Paresh Kumar V Dattani Huf, up to [*] equity shares aggregating up to Rs. 0.13 crores by Jayshree Anilkumar Dattani, up to [*] equity shares aggregating up to Rs. 0.25 crores by Vallabhdas Dattani and up to [*] equity shares aggregating up to Rs. 0.013 crores by Ajay Kumar V Dattani Huf (the "Promoter Group Selling Shareholders" and together with the promoter selling shareholders, collectively referred as "Selling Shareholders and such offer for sale by the selling shareholders, the "Offer for Sale"). Price Band: Rs. 305 to Rs. 321 per equity share of face value of Rs. 10 each. The Floor price is 30.50 times the face value of the equity shares and cap price is 32.10 times the face value of the equity shares. Bid can be made for a minimum of 46 equity shares and in multiples of 46 equity shares.

Financial Snapshot (Consolidated)

Financial Year Ended Revenue( Crores) PAT ( Crores) EPS()
Mar 2024 2957.5 133.85 18.6
Mar 2023 3329.21 152.74 21.23
Mar 2022 3185.32 355.43 49.41
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How to apply for IPOs with Arihant Capital

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Step 1

Go to IPO Online page

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Step 2

Login using your “client code” or PAN and mobile number by verifying OTP.

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Step 3

Click on “Apply IPO” to enter your bid quantity and UPI id.

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Step 4

Go to your UPI application and approve the payment request.

Viola! You have successfully applied to the IPO.

First time bidding for an IPO? This is all you need to know.

Bidding online is one of the most efficient ways to subscribe to an IPO.

  • If you are an Arihant Customer, simply login using your client code and OTP.
  • Not an Arihant customer? No worries, apply using your PAN number.
  • Enter the bid quantity and approve the UPI payment mandate.
  • Your bid is complete!

When the IPO shares are allotted, you will either get full or partial allotment from the bid you made.

Sometimes, the IPO is oversubscribed, and you may not get any shares allotted to you. In such cases the full amount will be refunded to you.

To apply for an IPO,

  • It is necessary to have a demat account and a UPI ID.
  • Don’t have a demat account yet? Click here.
  • Your mobile number should be linked to your bank account.

Applying for an IPO using UPI is super quick.

Haven’t started using UPI yet? Open one using your bank or UPI applications like Google Pay, BHIM, PhonePe etc.

Click here to learn how to create your UPI

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