Price as on January 1, 2025:-
India: NSE: INR367 | BSE: INR369.50
Data source: Google Finance
Incorporated in 2005, Sanathan Textiles Ltd. is one of India’s leading yarn manufacturers of Polyester Filament yarn, Cotton yarn and Technical textiles yarn, having export global network to 25+ countries with 1150+ customer worldwide. Company’s manufacturing capacity is equipped with advanced technologies to produce 223750 metric tons per annum (MTPA) across the three yarn verticals of over 12000+ yarn products under the brands ‘Puro Cotton Yarns’, ‘Reviro’, ‘Born Dyed’, ‘Drycool’, ‘Stretch’, ‘Flex’, and ‘CDP’.
On December 27, 2024, Sanathan Textiles shares listed at 32% premium vs IPO price, marking a pivotal step in the growth journey of the company, the IPO managed to get healthy demand from various set of investors with a subscription of nearly 40 times. The IPO comprises a mix of fresh issue of INR400 crore and an offer for sale (OFS) of INR150 crore by promoter selling shareholders, aggregating to a total issue size of INR550 crore.
Disclaimer: This is just an opinion and not the prediction, hence do not risk any financials based on this content, we do not take any guarantee or responsibility.
