What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Sanathan Textiles Limited IPO?

Sanathan Textiles Limited IPO has received a total subscription of 36.96 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Sanathan Textiles Limited

ListedMainboard

Textiles & Apparel · NSE / BSE

Sanathan Textiles Limited, incorporated in 2005, is a leading manufacturer of polyester yarn and a global supplier of cotton yarn, operating through three key verticals—Polyester Yarn Products, Cotton Yarn Products, and Yarns for Technical Textiles and Industrial Uses. Its technical textile offerings support diverse industries such as automotive, healthcare, construction, sports, and protective apparel. As of September 30, 2024, the company offered over 3,200 active yarn varieties and 45,000 SKUs, with the capability to produce more than 14,000 yarn varieties and 190,000 SKUs. Sanathan Textiles exported its products to 14, 27, and 29 countries during June 30, 2024, Fiscal 2024, and Fiscal 2023, respectively, and maintained a strong distribution network of over 925 distributors across India, Argentina, Singapore, Germany, Greece, Canada, Israel, and others. Its advanced manufacturing facility in Silvassa supports a strong customer base that includes leading companies such as Welspun India Limited, Valson Industries Limited, G.M. Fabrics Private Limited, and Premco Global Limited.

Price Band

₹305 – ₹321

Issue Size

₹550 Cr

Lot Size

46 shares

GMP

₹87

+27.1%

Est. Listing

₹408

at current GMP

Subscribed

36.96x

overall

Open

19 Dec 2024

23 Dec 2024

Allotment

24 Dec 2024

Refund

25 Dec 2024

Demat Credit

26 Dec 2024

Listing

27 Dec 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

36.96x

Total Demand

QIB Multiplier

79.59x

Institutions & Funds

NII / HNI

33.32x

High Net-Worth

Retail (RII)

9.40x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 36.96x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	3,426,792	272,724,754	79.59x
NIB	3,426,792	114,168,872	33.32x
HNIs(10L +)	1,713,396	83,048,630	48.47x
HNIs (2-10L)	856,698	31,120,242	36.33x
RETAIL	5,996,885	56,380,912	9.40x
Total	15,420,563	557,443,410	36.96x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 17.65x

Category	Applications Reserved	Applications Received	Times Subscribed
RETAIL	12,952	121,773	9.40x
HNIs(10L +)	2,661	128,958	48.46x
HNIs (2-10L)	1,330	48,323	36.33x
Total Applications	16,943	299,054	17.65x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Sanathan Textiles Limited Public Issue & Market Profile

Sanathan Textiles Limited is bringing an initial public offering (IPO) in the Textiles & Apparel sector with an aggregate issue size of ₹550 Crores. The shares are offered at a price band of ₹305 to ₹321 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Bidding & Quota Instructions:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Allotment Reconciliation Schedule:

Following the close of bidding on 2024-12-23, the basis of allotment is scheduled to be finalized on 2024-12-24. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Sanathan Textiles Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Sanathan Textiles Limited IPO is ₹87 per equity share. Based on the upper price band of ₹305 to ₹321 per equity share, the estimated listing price is ₹408 (+27.1% expected listing gain).

What is the expected profit per lot for Sanathan Textiles Limited IPO?

With a lot size of 46 shares and current GMP of ₹87, the expected profit per application lot is approx ₹4,002 (+27.1% gain). Minimum application cost is approx ₹14,766.

What is the issue size and price band for Sanathan Textiles Limited IPO?

The Sanathan Textiles Limited IPO aggregate issue size is ₹550 Crores with an equity price band set at ₹305 to ₹321 per equity share. The retail lot size is 46 shares requiring a minimum capital outlay of approx. ₹14,766.

How can I check Sanathan Textiles Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 36.96x (Retail: 9.40x, QIB: 79.59x, NII: 33.32x). You can track live multiples directly on our dedicated subscription page.

Where and when will Sanathan Textiles Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2024-12-24. Investors can verify status using PAN card or application number.

When is the listing date for Sanathan Textiles Limited IPO?

Sanathan Textiles Limited shares are scheduled to list on NSE and BSE on 2024-12-27.