{"id":41046,"date":"2024-12-19T10:36:24","date_gmt":"2024-12-19T05:06:24","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=41046"},"modified":"2024-12-19T10:36:24","modified_gmt":"2024-12-19T05:06:24","slug":"sanathan-textiles-ipo","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/sanathan-textiles-ipo\/","title":{"rendered":"Sanathan Textiles IPO"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"41046\" class=\"elementor elementor-41046\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3da8431 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3da8431\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6e81b8c\" data-id=\"6e81b8c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4ebb583 elementor-widget elementor-widget-text-editor\" data-id=\"4ebb583\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">Sanathan Textiles IPO is a book-built issue of Rs 550.00 crores. The issue is a combination of a fresh issue of 1.25 crore shares aggregating to Rs 400.00 crores and an offer for sale of 0.47 crore shares aggregating to Rs 150.00 crores.<\/span><\/p><p><span style=\"color: #000000;\">The IPO opens for subscription on December 19, 2024, and closes on December 23, 2024. The price band for the IPO is set at \u20b9305 to \u20b9321 per share. The minimum lot size for an application is 46 shares.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-32ddeb8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"32ddeb8\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2f657f4\" data-id=\"2f657f4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-baf1a68 elementor-widget elementor-widget-text-editor\" data-id=\"baf1a68\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u00a0<span style=\"color: #000000;\"><strong>Company Summary<\/strong><\/span><\/p><p><span style=\"color: #000000;\">Incorporated in 2005, Sanathan Textiles Limited is a polyester yarn manufacturer and a global supplier of Cotton Yarn. The company&#8217;s business is divided into three separate yarn business verticals, consisting of: (a) Polyester yarn products; (b) Cotton yarn products; and (c) Yarns for technical textiles and industrial uses. These technical textiles are used in various sectors such as automotive, healthcare, construction, sports and outdoor activities, and protective clothing.<\/span><\/p><p><span style=\"color: #000000;\">As of September 30, 2024, the company had more than 3,200 active varieties of yarn products (i.e., yarn products manufactured by us from April 1, 2021, to September 30, 2024) and more than 45,000 stock-keeping units (SKUs). It also can manufacture a diversified product portfolio of more than 14,000 varieties of yarn products and more than 190,000 SKUs that are used in various forms and for varied end uses.<\/span><\/p><p><span style=\"color: #000000;\">As of June 30, 2024, Fiscal 2024, and Fiscal 2023, Sanathan Textiles Limited exported its products to 14, 27 and 29 countries.<\/span><\/p><p><span style=\"color: #000000;\">As of June 30, 2024, the company had more than 925 distributors in 7 countries, including India, Argentina, Singapore, Germany, Greece, Canada, and Israel.<\/span><\/p><p><span style=\"color: #000000;\">The company&#8217;s manufacturing unit is located in Silvassa. The company&#8217;s clients comprise several multinational, regional and local companies such as Welspun India Limited, Valson Industries Limited, G.M. Fabrics Private Limited, Premco Global Limited, Creative Garments Textile Mills Private Limited, Banswara Syntex Limited, AYM Syntex Limited, Techno Sportswear Private Limited, Haren Textiles Private Limited, Khosla Profil Private Limited, Tulip Elastics Private Limited and more.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c2f8b1d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c2f8b1d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9112a98\" data-id=\"9112a98\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1b4f07b elementor-widget elementor-widget-text-editor\" data-id=\"1b4f07b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u00a0<span style=\"color: #000000;\"><strong>Company Strengths\u00a0<\/strong><\/span><\/p><ul><li><span style=\"color: #000000;\">The company is one of the few companies (amongst our peer group) in India with a presence across the polyester, cotton, and technical textile sectors.<\/span><\/li><li><span style=\"color: #000000;\">Fully integrated Yarn manufacturing plant set up at a strategic location with equipment supplied by domestic and globally renowned players.<\/span><\/li><li><span style=\"color: #000000;\">Deep knowledge and understanding of optimal product assortment and strong supplier network enabling procurement at predictable and competitive pricing, leading to an overall efficient cycle.<\/span><\/li><li><span style=\"color: #000000;\">Harnessing digitization and technology in production processes with a focus on energy efficiency and sustainable practices.<\/span><\/li><li><span style=\"color: #000000;\">Experienced management team with a proven track record<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2e3b43c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2e3b43c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4dc3576\" data-id=\"4dc3576\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b1b36e5 elementor-widget elementor-widget-text-editor\" data-id=\"b1b36e5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>Company Financials<\/strong><\/span><\/p><table><tbody><tr><td><span style=\"color: #000000;\"><strong><b>Period Ended<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>30 Jun 2024<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>31 Mar 2024<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>31 Mar 2023<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>31 Mar 2022<\/b><\/strong><\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Assets<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">2,529.53<\/span><\/td><td><span style=\"color: #000000;\">2,203.68<\/span><\/td><td><span style=\"color: #000000;\">1,906.67<\/span><\/td><td><span style=\"color: #000000;\">1,796.47<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Revenue<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">787.76<\/span><\/td><td><span style=\"color: #000000;\">2,979.8<\/span><\/td><td><span style=\"color: #000000;\">3,345.02<\/span><\/td><td><span style=\"color: #000000;\">3,201.46<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Profit After Tax<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">50.07<\/span><\/td><td><span style=\"color: #000000;\">133.85<\/span><\/td><td><span style=\"color: #000000;\">152.74<\/span><\/td><td><span style=\"color: #000000;\">355.44<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Net Worth<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">1,324.06<\/span><\/td><td><span style=\"color: #000000;\">1,273.98<\/span><\/td><td><span style=\"color: #000000;\">1,140.13<\/span><\/td><td><span style=\"color: #000000;\">987.39<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Total Borrowing<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">644.93<\/span><\/td><td><span style=\"color: #000000;\">379.88<\/span><\/td><td><span style=\"color: #000000;\">281<\/span><\/td><td><p><span style=\"color: #000000;\">378.19<\/span><\/p><\/td><\/tr><tr><td colspan=\"5\"><p style=\"text-align: right;\"><span style=\"color: #000000;\">Amount in \u20b9 Crore<\/span><\/p><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6a14c8e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6a14c8e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-eb30405\" data-id=\"eb30405\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-df750ff elementor-widget elementor-widget-text-editor\" data-id=\"df750ff\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>Objectives of the company<br \/><br \/><\/strong><\/span><span style=\"color: #000000;\">The company proposes to utilize the Net Proceeds towards the following objects<\/span><\/p><ul><li><span style=\"color: #000000;\">Repayment and\/ or pre-payment, in full or part, of certain borrowings availed by the Company<\/span><\/li><li><span style=\"color: #000000;\">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.<\/span><\/li><li><span style=\"color: #000000;\">General corporate purposes.<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d0846ed elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d0846ed\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-86413e6\" data-id=\"86413e6\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-104089a elementor-widget elementor-widget-text-editor\" data-id=\"104089a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>Promoters of the company<br \/><\/strong><\/span><span style=\"color: #000000;\">Nimbus Trust, D&amp;G Family Trust, A&amp;J Family Trust, P&amp;B Family Trust, Paresh Vrajlal Dattani, Ajay Vallabhdas Dattani, Anilkumar Vrajdas Dattani and Dinesh Vrajdas Dattani are the promoters of the company.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d52a043 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d52a043\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0b23760\" data-id=\"0b23760\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c33d2ee elementor-widget elementor-widget-text-editor\" data-id=\"c33d2ee\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u00a0<span style=\"color: #000000;\"><strong>IPO details<\/strong><\/span><\/p><table><tbody><tr><td><span style=\"color: #000000;\"><strong><b>IPO Date<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">December 19, 2024 to December 23, 2024<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Listing Date<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Friday, December 27, 2024<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Face Value<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">\u20b910 per share<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Price Band<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">\u20b9305 to \u20b9321 per share<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Lot Size<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">46 Shares<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Total Issue Size<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">1,71,33,958 shares (aggregating up to \u20b9550.00 Cr)<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Fresh Issue<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">1,24,61,060 shares (aggregating up to \u20b9 400.00 Cr)<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Offer for Sale<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">46,72,898 shares of \u20b910 (aggregating up to \u20b9150.00 Cr)<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Issue Type<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Book Built Issue IPO<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Listing At<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">BSE, NSE<\/span><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-028f7ba elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"028f7ba\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ffb1a9d\" data-id=\"ffb1a9d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4e34f9e elementor-widget elementor-widget-text-editor\" data-id=\"4e34f9e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>Lot Allocation details<\/strong><\/span><\/p><table><tbody><tr><td><span style=\"color: #000000;\"><strong><b>Application<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>Lots<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>Shares<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>Amount<\/b><\/strong><\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Retail (Min)<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">1<\/span><\/td><td><span style=\"color: #000000;\">46<\/span><\/td><td><span style=\"color: #000000;\">\u20b914,766<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Retail (Max)<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">13<\/span><\/td><td><span style=\"color: #000000;\">598<\/span><\/td><td><span style=\"color: #000000;\">\u20b91,91,958<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>S-HNI (Min)<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">14<\/span><\/td><td><span style=\"color: #000000;\">644<\/span><\/td><td><span style=\"color: #000000;\">\u20b92,06,724<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>S-HNI (Max)<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">67<\/span><\/td><td><span style=\"color: #000000;\">3082<\/span><\/td><td><span style=\"color: #000000;\">\u20b99,89,322<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>B-HNI (Min)<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">68<\/span><\/td><td><span style=\"color: #000000;\">3128<\/span><\/td><td><span style=\"color: #000000;\">\u20b910,04,088<\/span><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-cc6b6f3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"cc6b6f3\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3a0af1d\" data-id=\"3a0af1d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9f43d7e elementor-widget elementor-widget-text-editor\" data-id=\"9f43d7e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>Allotment Schedule<\/strong><\/span><\/p><table><tbody><tr><td><span style=\"color: #000000;\"><strong><b>Basis of Allotment<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Tuesday, December 24, 2024<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Initiation of Refunds<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Thursday, December 26, 2024<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>The credit of Shares to Demat<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Thursday, December 26, 2024<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Listing Date<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Friday, December 27, 2024<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Cut-off time for UPI mandate confirmation<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">5 PM on December 23, 2024<\/span><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-45ba6eb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"45ba6eb\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9e6b186\" data-id=\"9e6b186\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-74007e6 elementor-widget elementor-widget-text-editor\" data-id=\"74007e6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong><b>IPO Reservation <\/b><\/strong><\/span><\/p><table><tbody><tr><td><span style=\"color: #000000;\"><strong><b>Investor Category<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>Shares Offered<\/b><\/strong><\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>QIB Shares Offered<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Not more than 50% of the Offer<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Retail Shares Offered<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Not less than 35% of the Offer<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>NII (HNI) Shares Offered<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Not less than 15% of the Offer<\/span><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-16a453e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"16a453e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-84d0860\" data-id=\"84d0860\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-65e8177 elementor-widget elementor-widget-text-editor\" data-id=\"65e8177\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">To check allotment, <a href=\"https:\/\/kosmic.kfintech.com\/ipostatus\/#\" target=\"_blank\" rel=\"noopener\">click here<\/a><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0d319ea elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0d319ea\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-94bddfc\" data-id=\"94bddfc\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bb0aacf elementor-align-center elementor-widget elementor-widget-button\" data-id=\"bb0aacf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/onelink.to\/449wqx\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Apply for IPO <\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"Sanathan Textiles IPO is a book-built issue of Rs 550.00 crores. The issue is a combination of a&hellip;","protected":false},"author":5,"featured_media":41073,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"csco_post_video_bg_volume":false,"footnotes":""},"categories":[15],"tags":[611,23,55],"class_list":{"0":"post-41046","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ipos","8":"tag-latest-ipo","9":"tag-stock-market","10":"tag-upcoming-ipo","11":"cs-entry","12":"cs-video-wrap"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sanathan Textiles IPO - Flattrade Kosh<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/flattrade.in\/kosh\/sanathan-textiles-ipo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sanathan Textiles IPO - Flattrade Kosh\" \/>\n<meta property=\"og:description\" content=\"Sanathan Textiles IPO is a book-built issue of Rs 550.00 crores. 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