New Delhi: Yarnmaker Sanathan Textiles’ IPO worth Rs 550 crore comprises an offer for sale of shares worth Rs 150 crore and a fresh share issuance worth Rs 400 crore. Sanathan Textiles IPO price band hs been fixed at Rs 305-321 piece. The IPO of Santhan Textiles will open on Thursday, December 19, 2024, and close on December 23, 2024. The minimum lot size comprises 46 shares. Santhan Textiles aims to utilise IPO proceeds towards the repayment of outstanding loans. The company also plans to invest in its unit and for general corporate purposes.
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Sanathan Textiles IPO: The yarnmaker’s Rs 550 crore IPO will open for subscription on December 19, 2024. The last date for the subscription is December 22, 2024. Check GMP and financials of the company. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
