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Sanathan Textiles Ltd

Registered Office : SRV No 187/4/1/2,Near Surangi Silvassa,Dadra & Nagar Haveli Union Territory 396230 Phone : +91 22 6634 3312/3/4/5/6
Fax :

Email : investors@sanathan.com

Website : https://www.sanathan.com

Initial public offer of 17,133,956 equity shares of face value of Rs. 10 each (equity shares) of Sanathan Textiles Limited ("Company" or "Issuer") for cash at a price of Rs. 321.00 per equity share (including a share premium of Rs. 311.00 per equity share) offer price) aggregating Rs. 550.00 crores (offer) comprising a fresh issue of 12,461,59 equity shares aggregating Rs. 400.00 crores by the company (fresh issue) and an offer for sale of 46,72,897 equity shares aggregating Rs. 150.00 crores by the selling shareholders (offer for sale) comprising 963,769 equity shares aggregating Rs. 30.94 crores by Presh Vrajlal Dattani, 1,080,218 equity shares aggregating Rs. 34.68 crores by Ajay Vallabhdas Dattani, 1,107,850 equity shares aggregating Rs. 35.56 crores by Anilkumar Vrajdas Dattani, 1,158,505 equity shares aggregating Rs. 37.19 crores by Dinesh Vrajdas Dattani (the "Promoter Selling Shareholders"), 7,788 equity shares aggregating Rs. 0.25 crores by Vajubhai Investments Private Limited, 7,788 equity shares aggregating Rs. 0.25 crores by Vallabhdas Dattani huf, 70,093 equity shares aggregating Rs. 2.25 crores by Sonali Ajaykumar Dattani, 7,788 equity shares aggregating Rs. 0.25 crores by Dattani Dineshkumar Vrajdas huf and 109,034 equity shares aggregating Rs. 3.50 crores by Beena Paresh Dattani, 54,519 equity shares aggregating Rs. 1.75 crores by Anilkumar Vrajdas Dattani huf, 93,458 equity shares aggregating Rs. 3.00 crores by Paresh Kumar V Dattani huf, 3,894 equity shares aggregating Rs. 0.13 crores by Jayshree Anilkumar Dattani, 7,788 equity shares aggregating Rs. 0.25 crores by Vllabhdas Dattani and 405 equity shares aggregating 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). The face value of the equity shares is Rs. 10 each and the offer price is 32.10 times the face value of the equity shares.

Issue

Opens On

Closes On

19-Dec-2024

23-Dec-2024

Money Payable On

Application

Allotment

321.00

0.00

Minimum Application for shares in Nos : 46.0 Further Multiples of : 46.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

370.95

550.00

84.40

321.00

DAM Capital Advisors Ltd

ICICI Securities Ltd

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

Registrar to the Issue

KFin Techologies Ltd