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Initial public offer of up to [] equity shares of face value of Rs. 10 each (Equity Shares) of Sanathan Textiles Limited (Company or Issuer) for cash at a price of [] per equity share (including a share premium of Rs.[] per equity share) (offer price) aggregating up to Rs. 800.00 crores (offer) comprising a fresh issue of up to [] equity shares aggregating up to Rs. 500.00 crores by the company (fresh issue) and an offer for sale of up to [] equity shares aggregating up to Rs. 300.00 crores by the selling shareholders (offer for sale) comprising up to [] equity shares aggregating up to Rs. 61.88 crores by Paresh Vrajlal Dattani, up to [] equity shares aggregating up to Rs. 69.35 crores by Ajay Vallabhdas Dattani, up to [] equity shares aggregating up to RS. 71.13 crores by Anilkumar Vrajdas Dattani, up to [] equity shares aggregating up to RS. 74.38 crores by Dinesh Vrajdas Dattani (the Promoter Selling Shareholders), up to [] equity shares aggregating up to Rs. 0.50 crores by Vajubhai Investments Private Limited, up to [] equity shares aggregating up to Rs. 0.50 crores by Vallabhdas Dattani HUF, up to [] equity shares aggregating up to RS. 4.50 crores by Sonali Ajaykumar Dattani, up to [] equity shares aggregating up to Rs. 0.50 crores by Dattani Dineshkumar Vrajdas HUF and up to [] equity shares aggregating up to RS. 7.00 crores by Beena Paresh Dattani , up to [] equity shares aggregating up to RS. 3.50 crores by Anilkumar Vrajdas Dattani HUF, up to [] equity shares aggregating up to Rs. 6.00 crores by Paresh Kumar V Dattani HUF, up to [] equity shares aggregating up to Rs. 0.25 crores by Jayshree Anilkumar Dattani, up to [] equity shares aggregating up to Rs. 0.50 crores by Vallabhdas Dattani and up to [*] equity shares aggregating up to RS. 0.03 crores by Ajay Kumar V Dattani HUF (the Promoter Group Selling Shareholders and together with the promoter selling shareholders, collectively referred as Selling Shareholders and such offer for sale by the sellingshareholders, the Offer for Sale). The company, in consultation with the brlms, may consider a pre-ipo placement aggregating up to Rs. 100.00 crores, with the roc. The pre-ipo placement shall be undertaken at the discretion of the company and the price of the specified securities allotted pursuant to the pre-ipo placement shall be determined by the company, in consultation with the brlms. If the pre-ipo placement is completed, the fresh issue size will be reduced to the extent of such pre-ipo placement, subject to the offer complying with the minimum issue size requirements prescribed under regulation 19(2)(b) of the scrr. the pre-ipo placement shall not exceed 20% of the size of the fresh issue. The face value of equity shares is Rs. 10 each. The price band and the minimum bid lot will be decided by the company.
Here are the steps to apply for Sanathan Textiles Ltd IPO:
Step 1: Log in to your Kotak Securities Demat account Log in to your Demat account to access IPO investments. Next, select the current IPO section.
Step 2: Specify IPO details Enter the number of lots and the price you wish to apply for.
Step 3: Enter UPI ID After entering your UPI ID, click submit. This will place your bid with the exchange.
Step 4: Mandate Notification Your UPI app will receive a mandate notification to block funds.
Step 5: Approve Request Your funds will be blocked once you approve the mandate request on your UPI.