Sanathan Textiles IPO: Weaving Growth, Opening December 19
Sanathan Textiles Limited, a leading player in the textile yarn manufacturing industry, is set to launch its much-anticipated Initial Public Offering (IPO) on Thursday, December 19, 2024, with a price band of ₹305 to ₹321 per equity share of face value ₹10.
The subscription window will close on Monday, December 23, 2024. With a significant market share of 1.7% in the Indian textile yarn industry (CRISIL Report, FY2024), the company caters to multiple sectors, including automotive, healthcare, construction, sports, and protective clothing.
As of September 2024, Sanathan boasts 3,200+ active yarn varieties and 45,000+ SKUs, with the capacity to scale production across 14,000 yarn types and 190,000 SKUs.
Its advanced manufacturing facility in Silvassa has an installed capacity of 223,750 MTPA, positioning the company as a powerhouse of innovation and value-added products.
