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Mumbai, December 16, 2024: Sanathan Textiles Limited is engaged in the business of manufacturing textile yarn, from three business verticals, consisting of: Polyester yarn products; Cotton yarn products; and Yarns for technical textiles and industrial uses, has fixed the price band of ₹305/- to ₹321/- per Equity Share of face value ₹10/- each for its maiden initial public offer.
The Initial Public Offering (“IPO” or “Offer”) of the Company will open for subscription on Thursday, December 19, 2024, and close on Monday, December 23, 2024. Investors can bid for a minimum of 46 Equity Shares and in multiples of 46 Equity Shares thereafter.
The IPO is a mix of fresh issue of up to Rs 4000 million and an offer of sale of up to Rs 1500 million.
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