1.Company Information
Sanathan Textiles Limited, incorporated in 2005 as a private company, has grown to become a prominent player in the Indian textile industry. The company was later converted into a public limited entity in 2021, marking a significant milestone in its growth journey. With its registered office in Silvassa, Dadra & Nagar Haveli, and a corporate office in Mumbai, Sanathan Textiles has strategically positioned itself in India’s industrial hub. The company operates across the value chain of yarn manufacturing, catering to diverse requirements in the domestic and international markets.
The company is renowned for its role as a leading manufacturer of polyester, cotton, and other blended yarns. Sanathan Textiles holds a notable market share in India’s growing yarn segment, supported by its large-scale manufacturing facilities and robust distribution network. Its state-of-the-art facilities boast significant manufacturing capacity, enabling the company to efficiently serve high-demand markets. The company also enjoys a strong presence in India and exports to key international markets, including countries across Europe, the Middle East, and Asia.
Sanathan Textiles has built long-standing relationships with its key clientele, which include large textile and apparel companies globally. These partnerships are backed by the company’s ability to deliver high-quality products consistently, meeting the stringent standards required by its international clients. This has positioned Sanathan Textiles as a trusted supplier in both the domestic and global textile sectors.
The company’s extensive Indian presence is a testament to its ability to cater to a wide array of customer needs across the country. Domestically, it plays a vital role in supplying raw materials to textile manufacturers and processors. Internationally, its focus on exports has been a growth driver, helping it tap into lucrative markets with high demand for yarns and textile materials. With strong manufacturing capabilities and a customer-centric approach, Sanathan Textiles continues to strengthen its market position while contributing to India’s standing as a global textile hub.
2. Strenghts
1) Strong Market Position in Yarn Manufacturing Sanathan Textiles is a leading manufacturer of polyester, cotton, and blended yarns in India, catering to both domestic and international markets. Its well-established market presence and reputation for quality make it a trusted supplier across the textile industry value chain.
2) Robust Manufacturing Capacity The company operates large-scale, state-of-the-art manufacturing facilities located in strategically chosen industrial regions. These facilities are equipped with modern technology, enabling high production efficiency and scalability to meet increasing demand in both domestic and export markets.
3) Diverse Clientele Across Sectors and Geographies Sanathan Textiles has built strong relationships with key clients, including leading textile and apparel manufacturers in India and abroad. Its customer-centric approach and adherence to international quality standards have helped establish a reliable client base across Europe, Asia, and the Middle East.
4) Strong Domestic and Global Presence Domestically, the company serves a wide range of customers throughout India, playing a crucial role in supplying raw materials to textile manufacturers. Globally, its growing exports to high-demand regions have positioned it as a significant contributor to India’s role in the international textile industry.
5) Experienced Leadership and Strategic Vision With nearly two decades of operational experience and a highly experienced management team, Sanathan Textiles benefits from sound strategic planning and execution. Its leadership’s focus on innovation, quality, and sustainable growth underpins its consistent performance and future potential.
3. Objects of the Issue
The company proposes to utilise the Net Proceeds towards the following objects:
1) Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the Company;
2) Investment in our subsidiary viz. Sanathan Polycot Private Limited, for repayment and/ or pre-payment, in full or part, of certain borrowings availed by our subsidiary viz. Sanathan Polycot Private Limited; and
3) General corporate purposes.
4.Sanathan Textiles Limited Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email:
Website: https://linkintime.co.in/initial_offer/public-issues.html