Sanathan Textiles Ltd. News and Updates

Name: Latest research reports of Sanathan Textiles Ltd. authored by SBI Securities and published by - Trendlyne research reports.
Item: Sanathan Textiles Ltd.
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Author: SBI Securities

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Sanathan Textiles Ltd.

23 Dec 2024

475.30

8.70%

Sanathan Textiles' IPO gets subscribed 35.12 times on last day of offer

Business Standard

Yarn manufacturer Sanathan Textiles' initial public offering garnered 35.12 times subscription on the last day of bidding on Monday. The initial share sale received bids for 44,32,74,446 shares, as against 1,26,22,950 shares on offer, as per NSE data. The Qualified Institutional Buyers (QIBs) category mopped-up 75.62 times subscription, while the quota for non-institutional investors got subscribed 42.21 times. The portion for Retail Individual Investors (RIIs) received 8.93 times subscription. Sanathan Textiles on Wednesday said it has mobilised Rs 165 crore from anchor investors. The issue has a price band of Rs 305-321 per share sale. The company's Rs 550-crore IPO is a combination of a fresh issue of equity shares aggregating up to Rs 400 crore and an Offer-for-Sale (OFS) of shares valued Rs 150 crore by promoters and promoter group entities. The company plans to utilise proceeds from its fresh issue worth Rs 160 crore for payment of debt, while Rs 140 crore will be invested

Sanathan Textiles Ltd. is trading at high volume of 714.2K with price gain of 8.70.

Sanathan Textiles Ltd.

23 Dec 2024

475.30

8.70%

Sanathan TextilesIPO enters Day 3 with modest success

Business Line

Offer subscribed fully on Day 2 thanks to retail and non-institutional investors

Sanathan Textiles Ltd. is trading at high volume of 714.2K with price gain of 8.70.

Sanathan Textiles Ltd.

20 Dec 2024

475.30

8.70%

Sanathan Textiles IPO worth Rs 550 cr gets 1.43 times subscription on Day 2

Business Standard

The initial share sale of yarn manufacturer Sanathan Textiles Ltd garnered 1.43 times subscription on day two of bidding on Friday. The initial public offering (IPO) received bids for 1,80,43,086 shares against 1,26,22,950 shares on offer, according to NSE data. Retail individual investors (RIIs) quota got subscribed 2.15 times while the category for non-institutional investors collected 1.53 times subscription. Qualified institutional buyers (QIBs) portion fetched 9 per cent subscription. Sanathan Textiles on Wednesday said it has mobilised Rs 165 crore from anchor investors. The issue, with a price band of Rs 305-321 per share sale, will conclude on December 23. The company's Rs 550-crore IPO is a combination of a fresh issue of equity shares aggregating up to Rs 400 crore and an offer for sale (OFS) of shares valued Rs 150 crore by promoters and promoter group entities. The company plans to utilise proceeds from its fresh issue worth Rs 160 crore for payment of debt, while Rs

Sanathan Textiles Ltd. is trading at high volume of 714.2K with price gain of 8.70.

Sanathan Textiles Ltd.

19 Dec 2024, 11:16AM

475.30

8.70%

Sanathan Textiles IPO day 1: GMP, subscription status, review, other details. Good or bad bet for investors?

livemint

Sanathan Textiles IPO GMP today: According to stock market observers, Sanathan Textiles shares are available at a premium of 30 in the grey market today

Sanathan Textiles Ltd. has gained 48.07% in the last 1 Year

Sanathan Textiles Day 1 Live: Check subscription status, GMP, and more

livemint | 19 Dec 2024, 09:13AM 1 more

Sanathan Textiles Ltd.

17 Dec 2024

475.30

8.70%

Sanathan Textiles Ltd IPO Note

New 52W High today

High volume+gain today

Sanathan Textiles Ltd. News and Updates

Keep track of all breaking news on Sanathan Textiles Ltd. from all sources in a single place.