Following a strong three-day subscription, the allocation of shares in Sanathan Textiles Ltd.'s initial public offering (IPO) is scheduled to be concluded on december 24.

A total of 35.07 subscriptions were made to the Sanathan Textiles IPO, with Qualified Institutional Buyers (QIBs) leading the charge. In total, investors gambled on 44.26 crore shares, as opposed to the 1.26 crore shares that were available to them.

Institutional investors obtained 75.62 subscriptions, and non-institutional investors received 42.18 subscriptions.

Additionally, retail investors made bids that were 8.84 times greater than the shares that the IPO had set aside for them.From december 19 to december 23, Sanathan Textiles' initial public offering (IPO) was open.

Through the official websites of the BSE, NSE, and the issue's registrar, KFin Technologies Limited, bidders in the IPO can check the status of their share allocation online.

Steps to examine Sanathan Textiles IPO share allotment:

• Go to the BSE application Status page.

• Pick Equity.

• Sanathan Textiles Co. Ltd. should be chosen.

• Type in your PAN information or IPO application number.

• To continue with your request, confirm the captcha.

• press the "Submit" button.

How to check the registrar's website for Sanathan Textiles' IPO allotment status:

• Go to KFin Technologies' official website.

• Choose from the five servers that are visible on the screen.

• From among the companies listed, pick Sanathan Textiles Ltd.

• Type in your PAN, demat account number, or application number.

• Based on your option, enter the information.

• To continue, clear the captcha.

• To view the allocation status, click Submit.

Since it's a mainboard issue, the Sanathan Textiles IPO allotment will also be updated on the NSE website. Investors can check the NSE's allotment status by using their registration ID and password.

On december 26, the successful bidders' shares will be credited to their demat accounts, and the non-allottees' reimbursements will begin. On december 27, Sanathan Textiles Ltd. shares are scheduled to debut on the NSE and BSE's D-Street.

Highlights of Sanathan Textiles' IPO

A total of 1.25 crore shares, valued at ₹400 crore, and 47 lakh shares, valued at ₹150 crore, were offered for sale (OFS) at a price range of ₹305–321 per share in the Sanathan Textiles IPO.

The polyester, cotton, and technical textile industries—which are used in a variety of end-use sectors, such as the automotive, healthcare, construction, sports and outdoor, and protective apparel industries—are all served by About Sanathan Textiles Ltd.

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