Sanathan Textiles Ltd Share Price

(SANATHAN)

Sanathan Textiles Limited was incorporated as a Private Company under the name Sanathan Textiles Private Limited on October 10 2005 issued by the Registrar of Companies at Kolkata. Subsequently Company converted into a Public Company and its name was changed to Sanathan Textiles Limited by the RoC vide fresh certificate of incorporation on November 18 2021 at Ahmedabad. The Company manufacture polyester chips using purified terephthalic acid PTA and mono ethylene glycol MEG and convert the chips into polyester yarn through various intermediate processing to impart specific properties to the yarn. The Companys business is divided into 3 separate yarn business verticals consisting of a Polyester yarn products b Cotton yarn products and c Yarns for technical textiles and industrial uses. The Company operate products having a unit at Silvassa. The Company took over the business of manufacturing polyester yarn from Sanathan Texturisers with an operational capacity of 4500 MTPA in 2006. Thereafter in 2007 it started cotton yarn manufacturing at facility located in Silvassa with a capacity of 1500 MTPA. In 2011 it expanded the manufacturing capacities of cotton yarn from 1500 MTPA to 3500 MTPA established a fully integrated plant for polyester yarn and achieved the installed manufacturing capacity of 46500 MTPA tripled from 13550 MTPA in the year 2008 by gradual expansion in 2013 expanded manufacturing capacity of polyester yarn from 46500 MTPA to 92950 MTPA in 2014 increased cotton yarn capacity from 3500 MTPA to 6200 MTPA in 2015 installed an upgraded machinery for polyester and cotton yarn of partially oriented yarn and fully oriented yarn in 2017 set up a plant in manufacturing yarns for industrial and technical textile with 5475 MTPA capcity in 2018 installed manufacturing capacity of polyester yarn which reached capacity of 200750 MTPA almost doubled from 92950 MTPA in the year 2014 by gradual expansion in 2019 and doubled the capacity of cotton yarn manufacturing from 6200 MTPA in the year 2019 to 14000 MTPA in 2020. The Company incorporated wholly owned subsidiary company Sanathan Polycot Private Limited SPPL on 20 April 2021 further acquired 100 equity shares of Universal Texturisers Private Limited UTPL on September 26 2021.The Company is proposing an Initial Public Offer comprising an Offer for Sale of upto 11400000 Equity Shares and by raising capital of upto Rs 500 crore through Fresh Issue..

Share Price: ₹349.05 per share as on 30 Jan, 2025 11:58 AM
Market Capitalisation: ₹2,936.84Cr as of today
Revenue: ₹742.17Cr as on September 2024 (Q3 24)
Net Profit: ₹32.56Cr as on September 2024 (Q3 24)
Listing date: 27 Dec, 2024
Chairperson Name: Pareshkumar Dattani