Sanathan Textiles Limited, established in 2005, manufactures polyester, cotton, and technical yarns used in various sectors, including automotive, healthcare, and construction. The company operates from a facility in Silvassa, with an installed capacity of 223,750 MTPA. As of September 2024, it produces over 3,200 active yarn varieties and 45,000 stock-keeping units (SKUs), with the ability to create a diverse range of yarn products. Sanathan Textiles exports to several countries and has a network of distributors across India and internationally. The company supplies yarn to various clients in the textile and manufacturing sectors.
How To Check Sanathan Textiles IPO Allotment Status Online
It is very easy to Check Sanathan Textiles IPO Allotment Status Online with the link given above. Click on the ‘Sanathan Textiles IPO Allotment Status’ button then you will be redirected to the registrar’s website, There you can find some columns to fill. Select the company name as Sanathan Textiles and enter your PAN details then click on submit, You will get the allotment details of Sanathan Textiles IPO.
Sanathan Textiles IPO GMP
The GMP of Sanathan Textiles IPO is 26%
Grey Market Premium (GMP) in an IPO refers to the premium price at which shares of a company are traded in the unofficial grey market before they are officially listed on the stock exchange. This “over-the-counter” market operates informally, based on trust and networks of brokers, and is not regulated by any official body. The GMP essentially indicates the price investors are willing to pay above the IPO’s issue price, reflecting market sentiment and anticipated listing gains. A higher GMP suggests stronger demand and positive expectations for the IPO’s performance on its listing day. However, it’s crucial to remember that the grey market is speculative and unregulated, making GMP a volatile indicator that shouldn’t be the sole factor in investment decisions.