Sanathan Textiles IPO
Polyester/Textiles - Listed on 27 December 2024
Sanathan Textiles IPO listing summary
Sanathan Textiles (Polyester/Textiles) closed its IPO window in 2024 and listed on NSE and BSE on 27 December 2024 at an upper band issue price of Rs 321, opening at Rs 388.35 for a listing gain of +21.0% and closing day one at Rs 388.35 (+21.0% on closing basis). The IPO was subscribed 36.90x overall - QIB 79.59x, HNI/NII 44.39x, Retail 9.31x. The total issue size was Rs 550 Cr (Fresh Issue Rs 400 Cr, OFS Rs 150 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Sanathan Textiles IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 105 | +81.00% |
| Day 2 | Rs 110 | +77.88% |
| Day 3 | Rs 175 | +77.88% |
| Day 4 | Rs 188 | +77.88% |
| Day 5 | Rs 250 | +66.98% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Sanathan Textiles IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Sanathan Textiles IPO - FAQs
What was the listing gain of Sanathan Textiles IPO?
Sanathan Textiles IPO listed at +21.0% versus the upper issue price of Rs 321 on 27 December 2024.
How many times was Sanathan Textiles IPO subscribed?
Sanathan Textiles IPO was subscribed 36.90x overall. QIB portion was subscribed 79.59x, HNI / NII 44.39x and Retail 9.31x.
What was the IPO GMP for Sanathan Textiles?
IPO GMP started at Rs 105 on Day 1 and moved to Rs 250 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.