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Sanathan Textiles IPO: Check GMP, Price Band, Allotment Dates Here

Sanathan Textiles Limited IPO offers shares at ₹305 to ₹321, with a Grey Market Premium of ₹25. Available in 46 share lots, the subscription runs from December 19 to December 23, 2024.
Sanathan Textiles Ltd IPO: Key GMP updates unveiled! Stay informed and find details here!

Sanathan Textiles Limited IPO has a Grey Market Premium of ₹25 as of December 18, 2024, with a price range of ₹305-321 per share. Offering lots of 46 shares, the subscription window is open from December 19 to December 23, 2024. 

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Sanathan Textiles Limited IPO GMP Today

The Grey Market Premium (GMP) for Sanathan Textiles Limited is ₹25 as of December 18, 2024. This assessment coincides with a price of ₹305-321 per share for the IPO.

Sanathan Textiles Limited IPO Review 

As of June 30, 2024, the company’s assets amounted to 2,529.53, with revenue reaching 787.76. The profit after tax was reported at 50.07, reflecting steady financial performance over the period. 

The company’s net worth stood at 1,324.06, supported by total borrowings of 644.93. This financial structure demonstrates a balanced approach to leveraging and equity management, aligning with its growth strategies.

To get a full IPO review, click here Sanathan Textiles IPO

Sanathan Textiles Limited IPO Date

Sanathan Textiles Limited will start accepting subscriptions from December 19 to December 23, 2024.

Sanathan Textiles Limited IPO Price

Sanathan Textiles Limited’s price range is at ₹305-321 per share with a face value of ₹10 each.

Sanathan Textiles Limited

Sanathan Textile stands out among its peers in India with operations spanning the polyester, cotton, and technical textile sectors. As of fiscal 2024, it holds a 1.7% market share in the Indian textile yarn industry based on operating income, according to a CRISIL report.

How To Apply For Sanathan Textiles Limited IPO?

To apply for the Sanathan Textiles Limited IPO through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Sanathan Textiles Limited on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Sanathan Textiles Limited IPO at Alice Blue in just a few clicks!

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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