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Sanathan Textiles Ltd
Registered Office:
SRV No 187/4/1/2,Near Surangi Silvassa, Dadra & Nagar Haveli - 396230, Union Territory, India.
Initial public offer of up to [*] equity shares of face value of Rs. 10 each (Equity Shares) of Sanathan Textiles Limited ("Company" or "Issuer") for cash at a price of [*] per equity share (including a share premium of Rs.[*] per equity share) (offer price) aggregating up to Rs. 550.00 crores (offer) comprising a fresh issue of up to [*] equity shares aggregating up to Rs. 400.00 crores by the company (fresh issue) and an offer for sale of up to [*] equity shares aggregating up to Rs. 150.00 crores by the selling shareholders (offer for sale) comprising up to [*] equity shares aggregating up to Rs. 30.94 crores by Paresh Vrajlal Dattani, up to [*] equity shares aggregating up to Rs. 34.68 crores by Ajay Vallabhdas Dattani, up to [*] equity shares aggregating up to Rs. 35.56 crores by Anilkumar Vrajdas Dattani, up to [*] equity shares aggregating up to Rs. 37.19 crores by Dinesh Vrajdas Dattani (the "Promoter Selling Shareholders"), up to [*] equity shares aggregating up to Rs. 0.25 crores by Vajubhai Investments Private Limited, up to [*] equity shares aggregating up to Rs. 0.25 crores by Vallabhdas Dattani Huf, up to [*] equity shares aggregating up to Rs. 2.25 crores by Sonali Ajaykumar Dattani, up to [*] equity shares aggregating up to Rs. 0.25 crores by Dattani Dineshkumar Vrajdas Huf and up to [*] equity shares aggregating up to Rs. 3.50 crores by Beena Paresh Dattani , up to [*] equity shares aggregating up to Rs. 1.75 crores by Anilkumar Vrajdas Dattani Huf, up to [*] equity shares aggregating up to Rs. 3.00 crores by Paresh Kumar V Dattani Huf, up to [*] equity shares aggregating up to Rs. 0.13 crores by Jayshree Anilkumar Dattani, up to [*] equity shares aggregating up to Rs. 0.25 crores by Vallabhdas Dattani and up to [*] equity shares aggregating up to Rs. 0.013 crores by Ajay Kumar V Dattani Huf (the "Promoter Group Selling Shareholders" and together with the promoter selling shareholders, collectively referred as "Selling Shareholders and such offer for sale by the selling shareholders, the "Offer for Sale"). Price Band: Rs. 305 to Rs. 321 per equity share of face value of Rs. 10 each. The Floor price is 30.50 times the face value of the equity shares and cap price is 32.10 times the face value of the equity shares. Bid can be made for a minimum of 46 equity shares and in multiples of 46 equity shares.
Issue
Opens On Closes On
19-Dec-24 23-Dec-24
Money Payable On
Application Allotment
305.00 0.00
Minimum Application for shares in Nos : 46  Further Multiples of : 46
()(Cr.) Lead Managers to the Issue
Project Cost () 0.00 DAM Capital Advisors Ltd
Project Financed through Current Offer () 550.00  
Post Issue Equity Share Capital () 84.40  
Issue Price () 305.00  
Projects
Repayment or pre-payment in full or in part of certain of its outstanding borrowings availed by the company
Investment in its subsidiary viz Sanathan Polycot Pvt Ltd for funding of its long-term working capital requirements
General corporate purposes
Promoted By
Paresh Vrajlal Dattani
Ajay Vallabhdas Dattani
Anilkumar Vrajdas Dattani
Listing At
BSE
NSE
Registrar to the Issue