Sanathan Textiles Limited IPO
Sanathan Textiles Limited was a mainboard IPO in the Other Textile Products sector, offered at ₹305–₹321 per share to raise ₹565 crore. The issue was subscribed 35.12× overall (QIBs 75.62×, NIIs 42.21×, retail 8.93×). It listed on 27 Dec 2024 at ₹422 and closed its first day at ₹388, a listing gain of +21.0% versus the ₹321 issue price. It now trades around ₹496 (+54.6% versus the issue price).
Frequently asked questions
- How many times was the Sanathan Textiles Limited IPO subscribed?
- The Sanathan Textiles Limited IPO was subscribed 35.12× overall — 75.62× in the QIB category, 42.21× among non-institutional investors, 8.93× in retail.
- What were the Sanathan Textiles Limited IPO listing gains?
- Sanathan Textiles Limited listed on 27 Dec 2024 at ₹422, closing its first day at ₹388 — a listing gain of +21.0% versus the ₹321 issue price.
- What were the retail allotment odds for the Sanathan Textiles Limited IPO?
- Retail was subscribed 8.93×, so a single-lot application had roughly a 11.2% chance of allotment (about 1 in 9), and allotment was finalised on 25 Dec 2024.
- What was the price band and lot size of the Sanathan Textiles Limited IPO?
- The price band was ₹305–₹321 per share, with a minimum lot of 46 shares (₹14,766 at the upper band).
- Who were the registrar and lead manager for the Sanathan Textiles Limited IPO?
- KFin Technologies Limited was the registrar, and DAM Capital Advisors was the book-running lead manager.