Sanathan Textiles Ltd - IPO

Sanathan Textiles Ltd IPO Details

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.

Objective of issue

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.

Sanathan Textiles Ltd Contact Details

Sanathan Textiles Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - investors@sanathan.com

Website - https:, www.sanathan.com