Historical review · Prepared November 2026. The Sanathan Textiles IPO was open in December 2024, not in November 2026. Readers looking for old searches such as ‘Sanathan Textiles IPO GMP today’ should compare historical issue terms and actual exchange events rather than treat old grey-market quotes as current.
Sanathan Textiles IPO opening, closing and listing dates
IPO opened: 19 December 2024. IPO closed: 23 December 2024. Price band: ₹305–₹321 per share. Upper issue price: ₹321. Lot size: 46 shares. Minimum application at the upper price: ₹14,766. Issue size: approximately ₹550 crore. NSE listing date: 27 December 2024. These details are supported by NSE issue information and the historical issue records.
About Sanathan Textiles
Sanathan Textiles manufactures polyester filament yarn, cotton yarn and technical textiles or yarns for varied industrial and consumer applications. Its performance depends on raw-material pricing, production costs, inventory, export and domestic demand, energy inputs and the quality of long-term customer relationships. Those risks matter much more for long-term value than an isolated pre-listing GMP quote.
Issue structure and use of proceeds
The IPO included both newly issued shares and an offer for sale by existing shareholders. Fresh-issue proceeds and offer-for-sale proceeds have different beneficiaries. Investors researching an old issue should consult the prospectus and subsequent annual report to understand capital deployment and dilution rather than merely compare the historical offer amount with current market capitalization.
What happened with allotment and subscription?
The historical basis-of-allotment date was 24 December 2024, followed by the scheduled credit and refund processes. Moneycontrol’s historical issue page reports total subscription of about 35.12 times at close, including about 75.62 times among qualified institutional buyers and 8.93 times among retail bidders. These are historical observations, not live demand readings.
Sanathan Textiles IPO GMP versus official facts
GMP is an unofficial pre-listing quotation, with neither exchange guarantee nor a centralized historical transaction record. We have not independently established a trustworthy time series for the December 2024 quotations, so we do not invent a past GMP or claim it predicted a specific gain. The NSE officially admitted Sanathan Textiles shares to trading from 27 December 2024 under the symbol SANATHAN.
Worked application and profit example
One allotted lot at the upper IPO issue price contained 46 shares and cost ₹14,766. If a hypothetical stock opened at ₹350, the difference from issue price would be ₹29 per share, or ₹1,334 for 46 shares, before brokerage, charges and taxes. This is an illustrative calculation, not Sanathan’s actual recorded opening price. Stock prices after the listing may differ substantially from the IPO offer price.
What long-term investors should analyze
- The company’s current quarterly filings and any material changes since listing.
- Textile input-cost trends and the spread between raw materials and finished yarn prices.
- Borrowings, working-capital needs and capital expenditure.
- Customer concentration, product mix and profitability through cycles.
- Valuation relative to suitable peer companies and prevailing market conditions.
Original sources and related IPO research
- NSE historical Sanathan IPO terms
- Zerodha historical issue details and timetable
- Moneycontrol issue and subscription record
- Current IPO GMP and issue tracker
This reconstructed historical resource is educational, not an investment recommendation. We do not portray a completed 2024 offer as a currently open IPO.