Sanathan Textiles Ltd IPO
Sanathan Textiles, a Mumbai-based yarn manufacturer, has filed its preliminary papers with SEBI to raise funds through an IPO. The issue size will be ...
IPO Details
- Open Date
TBA
- Close Date
TBA
- IPO
Price Range
TBA
- IPO
Size
TBA
- Listing Exchange
TBA
- Listing Date
TBA
IPO Timeline
Last Updated: 07 November 2024 5:59 PM by 5Paisa
Sanathan Textiles, a Mumbai-based yarn manufacturer, has filed its preliminary papers with SEBI to raise funds through an Initial Public Offering (IPO). The issue size will be in the range of Rs 1,200-1,300 crore.
The issue comprises of Rs 500 crore via fresh issue of equity shares and an offer for sale of up to 11,400,000 equity shares by the promoters. The company may also consider a pre-IPO placement of equity shares aggregating up to Rs 100 crore.
Mumbai-based yarn manufacturer, Sanathan Textiles' business is made up of three verticals, consisting of polyester yarn products; cotton yarn products; and yarns for technical textiles and industrial uses, manufactured at its Silvassa facility.
Its key customers include Arvind, Trident, Welspun India, Page Industries, D’décor Home Fabrics, Creative Group, Ascent Yarns and Paragon.
in 3
easy steps
Using 5paisa App or
Website
to block Payment
Open Free Demat Account
Be a part of 5paisa community - The first listed discount broker of India.