Sanathan Textiles Ltd. IPO

Sanathan Textiles IPO is a book-built issue of Rs 550.00 crores, consisting of a fresh issue of Rs 400.00 crores (1.25 crore shares) and an offer for sale of Rs 150.00 crores (0.47 crore shares). The IPO opens for subscription on December 19, 2024, and closes on December 23, 2024. The allotment will be finalized on December 24, 2024, with a tentative listing date on December 27, 2024, on BSE and NSE. The price band is Rs 305 to Rs 321 per share. Retail investors can apply for a minimum lot of 46 shares for Rs 14,766, while sNII and bNII investments start at Rs 2,06,724 and Rs 10,04,088, respectively.

RHP
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DRHP
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Open Date

2024-12-19

Close Date

2024-12-23

Company Financials

You can get the following financial statements of Sanathan Textiles Ltd. as of now.

Sanathan Textiles IPO Details

The details about the Sanathan Textiles IPO are as follows:

  • The issue size of the IPO is 550 Cr.
  • The price band for Sanathan Textiles IPO is Rs 305 to Rs 321.
  • The shares of Sanathan Textiles IPO will list on 27th December 2024.
  • The latest tentative GMP of Sanathan Textiles IPO is Rs 40.
  • The shares of Sanathan Textiles IPO are subscribed 36.9 Times.

 

Sanathan Textiles IPO Valuation

The approx valuation of Sanathan Textiles IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 321
Existing Shares (Qty) 7.19 Cr
Fresh Issue 400 Cr
Market Cap 2707.99 Cr
EPS (FY24) Rs 18.60
PE Ratio 17.25x
Industry PE 29.50x

 

Sanathan Textiles IPO Issue Size

Sanathan Textiles IPO issue size is 550 Cr.

Issue Amount
Fresh Issue 400 Cr
Offer For Sale 150 Cr

 

Sanathan Textiles IPO Market Lot

An individual can apply for a minimum of 1 lot of 46 shares and a maximum of 13 lots of 598 shares. Find the details below:

Application Lot Shares Amount
Minimum 1 46 Rs 14,766
Maximum 13 598 Rs 1,91,958

 

Sanathan Textiles IPO Share Offer

The shares of Sanathan Textiles IPO are subscribed 36.9 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Maximum 50%
Non-Institutional Minimum 15%
Retail Individual Minimum 35%

 

Sanathan Textiles IPO GMP (Grey Market Premium)

As on GMP (Tentative)
23 December 2024 Rs 40

Sanathan Textiles IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Sanathan Textiles IPO Dates

Find below the dates for Sanathan Textiles IPO

Schedule Date
Basis of Allotment 24 December 2024
Refunds 26 December 2024
Credit to Demat Account 26 December 2024
IPO Listing Date 27 December 2024

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 2116.6 1918.36 3185.32 3329.21 2957.23
Total Expenditure 1895.83 1581.7 2640.27 3060.15 2723.08
Operating Profit 220.77 336.65 545.05 269.06 234.15
Other Income 6.9 14.62 16.17 17.61 28.88
Interest 50.8 58.79 39.95 30.8 29.99
Depreciation 102.78 39.77 42.04 43.22 44.11
Exceptional Items 0 0 0 0 0
Profit Before Tax 74.09 252.71 479.23 212.65 188.93
Provision for Tax 28.07 67.07 123.7 56.45 47.61
Net Profit 46.02 185.63 355.53 156.2 141.32
Adjusted EPS (Rs.) 0.64 2.58 4.94 2.17 1.96

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 71.94 71.94 71.94 71.94 71.94
Total Reserves 372.43 558.97 914.78 1071.71 1214.09
Borrowings 429.68 398.44 280.02 221.64 179.81
Other N/C liabilities 46.63 58.72 68.94 77.31 85.63
Current liabilities 531.43 553.92 459.42 463.02 474.33
Total Liabilities 1452.11 1641.99 1795.1 1905.62 2025.8
Assets
Net Block 903.12 887.93 880.7 848.65 826.65
Capital WIP 1.27 1.03 2.39 5.92 12.03
Intangible WIP 0 0 0 2.13 0
Investments 0 0 23.4 210.57 323.01
Loans & Advances 9.02 9.72 20.67 26.16 21.78
Other N/C Assets 7.31 9.41 8.14 5.66 3.88
Current Assets 531.39 733.9 859.8 806.53 838.45
Total Assets 1452.11 1641.99 1795.1 1905.62 2025.8
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2024
Other Income 6.13
Profit Before Tax 47.86
Tax 12.84
Profit After Tax 35.02
Adjusted EPS (Rs) 4.87

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2024 78.58 0
Sep 2024 78.58 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 74.09 252.71 479.23 212.65 188.93
Adjustment 157.43 87.08 64.91 61.44 52.92
Changes in Assets & Liabilities -67.78 -55.57 -134.52 123.29 43.26
Tax Paid -21.47 -46.7 -114.04 -54.99 -36.2
Operating Cash Flow 142.26 237.51 295.58 342.39 248.91
Investing Cash Flow -198.85 -54.12 -98.99 -234.86 -149.55
Financing Cash Flow 38.78 -159.76 -197.69 -126.17 -84.8
Net Cash Flow -17.8 23.64 -1.1 -18.64 14.56
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