Carraro India Limited IPO Detail
Last Updated on December 19, 2024 Carraro India Limited IPO Incorporated in 1997, Carraro India Ltd is engaging in manufacturing components ranging from the smallest gear to complete tractor manufacturing.
Incorporated in 2005, Sanathan Textiles Limited is a polyester yarn manufacturer and a global supplier of Cotton Yarn. The company’s business is divided into three separate yarn business verticals, consisting of: (a) Polyester yarn products; (b) Cotton yarn products; and (c) Yarns for technical textiles and industrial uses. These technical textiles are used in various sectors such as automotive, healthcare, construction, sports and outdoor activities, and protective clothing.
As of September 30, 2024, the company had more than 3,200 active varieties of yarn products (i.e., yarn products manufactured by us from April 1, 2021, to September 30, 2024) and more than 45,000 stock-keeping units (SKUs). It also can manufacture a diversified product portfolio of more than 14,000 varieties of yarn products and more than 190,000 SKUs that are used in various forms and for varied end uses.
As of June 30, 2024, Fiscal 2024, and Fiscal 2023, Sanathan Textiles Limited exported its products to 14, 27 and 29 countries.
As of June 30, 2024, the company had more than 925 distributors in 7 countries, including India, Argentina, Singapore, Germany, Greece, Canada, and Israel.
The company’s manufacturing unit is located in Silvassa. The company’s clients comprise several multinational, regional and local companies such as Welspun India Limited, Valson Industries Limited, G.M. Fabrics Private Limited, Premco Global Limited, Creative Garments Textile Mills Private Limited, Banswara Syntex Limited, AYM Syntex Limited, Techno Sportswear Private Limited, Haren Textiles Private Limited, Khosla Profil Private Limited, Tulip Elastics Private Limited and more.
Company Strengths:
Sanathan Textiles Limited’s revenue decreased by -11% and profit after tax (PAT) dropped by -12% between the financial year ending with March 31, 2024 and March 31, 2023.
Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | ||||||||||||||||||||||||||||||||||||
Assets | 2,529.53 | 2,203.68 | 1,906.67 | 1,796.47 | ||||||||||||||||||||||||||||||||||||
Revenue | 787.76 | 2,979.8 | 3,345.02 | 3,201.46 | ||||||||||||||||||||||||||||||||||||
Profit After Tax | 50.07 | 133.85 | 152.74 | 355.44 | ||||||||||||||||||||||||||||||||||||
Net Worth | 1,324.06 | 1,273.98 | 1,140.13 | 987.39 | ||||||||||||||||||||||||||||||||||||
Total Borrowing | 644.93 | 379.88 | 281 | 378.19 | ||||||||||||||||||||||||||||||||||||
Amount in ₹ Crore |
The market capitalization of Sanathan Textiles IPO is Rs 2709.37 Cr.
KPI as of Sun, Mar 31, 2024.
KPI | Values |
---|---|
ROE | 11.09% |
ROCE | 11.80% |
RoNW | 10.42% |
Price to Book Value | 1.81 |
The company proposes to utilise the Net Proceeds towards the following objects:
IPO Date | December 19, 2024 to December 23, 2024 |
Listing Date | [.] |
Face Value | ₹10 per share |
Price Band | ₹305 to ₹321 per share |
Lot Size | 46 Shares |
Total Issue Size | 1,71,33,958 shares (aggregating up to ₹550.00 Cr) |
Fresh Issue | 1,24,61,060 shares (aggregating up to ₹ 400.00 Cr) |
Offer for Sale | 46,72,898 shares of ₹10 (aggregating up to ₹150.00 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
Share Holding Pre Issue | 7,19,43,000 shares |
Share Holding Post Issue | 8,44,04,060 shares |
Nimbus Trust, D&G Family Trust, A&J Family Trust, P&B Family Trust, Paresh Vrajlal Dattani, Ajay Vallabhdas Dattani, Anilkumar Vrajdas Dattani and Dinesh Vrajdas Dattani are the promoters.
Share Holding Pre Issue | 100% |
Share Holding Post Issue |
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