check out the Sanathan Textiles IPO GMP (Grey Market Premium) as of today. The GMP on IPO for Sanathan Textiles has started off strong. Stay tuned for the latest updates on the Sanathan Textiles IPO GMP.
Sanathan Textiles IPO is set to open on December 19, 2024. The Sanathan Textiles IPO is a Mainboard IPO. The Sanathan Textiles IPO Price band is fixed at ₹305 to ₹321 with a lot of 46 shares.
About Sanathan Textiles IPO
Sanathan Textiles, founded in 2017, is one of the few companies in India that manufactures and supplies polyester yarns, cotton yarns, and yarns for technical textiles. The company manages three distinct yarn verticals under a single entity, offering a wide range of yarns used across various sectors and industries. As of June 30, 2024, Sanathan Textiles offers over 2,800 varieties of yarn products and more than 30,000 stock-keeping units (SKUs).
With the capability to produce more than 14,000 varieties of yarn, Sanathan Textiles caters to diverse end users. Unlike its competitors, the company specializes in high-value, standardized products such as dope-dyed, superfine/micro, functional, industrial, technical yarns, cationic dyeable, and specialty yarns. These products are the result of extensive research and are designed to meet specific customer needs, offering unique qualities. In the fiscal year 2024, Sanathan Textiles generated total revenue from operations of ₹29,575.04 million, accounting for 100% of its revenue.
Sanathan Textiles IPO GMP Live Rates
| Date | IPO GMP |
|---|---|
| December 26, 2024 | ₹ 93 (28.97%) |
| December 25, 2024 | ₹ 93 (28.97%) |
| December 24, 2024 | ₹ 90 (28.04%) |
| December 23, 2024 | ₹ 90 (28.04%) |
| December 22, 2024 | ₹ 40 (12.46%) |
| December 21, 2024 | ₹ 40 (12.46%) |
| December 20, 2024 | ₹ 45 (14.02%) |
| December 19, 2024 | ₹ 70 (21.81%) |
| December 18, 2024 | ₹ 40 (12.46%) |
| December 17, 2024 | ₹ 25 (7.79%) |
Sanathan Textiles IPO Details
| Overview Points | Description |
|---|---|
| Company Name | Sanathan Textiles Limited |
| Industry | Textile |
| IPO Issue Type | Book Built Issue |
| Open Date | December 19, 2024 |
| Close Date | December 23, 2024 |
| Total Issue Size | Approx ₹550 Crores |
| Fresh Issue | Approx ₹400 Crores |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹305 to ₹321 Per Share |
| Listing on | BSE & NSE |
| Lot Size | 46 Shares Per Lot |
| Offer for Sale | Approx ₹150 Crores |
| Shares Offered to Retail | 35% |
| Shares Offered to QIB | 50% |
| Shares Offered to HNI | 15% |
Sanathan Textiles IPO Dates
| Event | Date |
|---|---|
| IPO Open Date | December 19, 2024 |
| IPO Close Date | December 23, 2024 |
| Basis of Allotment | December 24, 2024 |
| Refunds | December 26, 2024 |
| Credit to Demat Account | December 26, 2024 |
| IPO Listing Date | December 27, 2024 |
FAQs
What is the Current GMP for Sanathan Textiles IPO?
The Sanathan Textiles IPO GMP is ₹- as of today.
What are the Expected Returns for Sanathan Textiles IPO?
The expected returns for Sanathan Textiles IPO are -%.
Disclaimer:
- The IPO Grey Market Premium (Sanathan Textiles IPO GMP) mentioned is applicable only for the specific date noted above.
- We do not participate in buying or selling IPO forms in the Grey Market.
- Please do not base your decision to subscribe to an IPO solely on the premium price, as it may fluctuate before the listing. Always consider the company’s fundamentals before investing.
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