Sanathan Textiles IPO

Between April 1, 2021, and September 30, 2024, Sanathan Textiles manufactured over 3,200 active yarn varieties. The company also managed more than 45,000 stock-keeping units (SKUs). As of June 30, 2024, it produced a diversified portfolio of over 14,000 yarn varieties and 190,000 SKUs.

As of June 30, 2024, the company's manufacturing facility in Silvassa had a total installed capacity of 223,750 metric tonnes per annum (MTPA) across its three yarn segments.

Sanathan Textiles produces polyester chips using purified terephthalic acid (PTA) and monoethylene glycol (MEG). These chips are further processed into polyester yarn through various intermediate steps, which allow for customisation and specific properties to suit different applications.

Over the years, the company has established relationships with numerous well-known brands, including 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, Ganesha Ecosphere Limited, Udyogi International Private Limited, Page Industries Limited, D'Décor Home Fabrics Private Limited, Siyaram Silk Mills Limited, Duvalli S.A., G.M. Syntex Private Limited, Maruti Rub-Plast Private Limited, Geosys India Infrastructures Limited, Wildcraft India Limited, SRF Limited, RSWM Limited, Sangam (India) Limited, Ateliers Reunis De Filature, Abhay Trading Company and Ascent Yarns Private Limited

Sanathan Textiles exported its products to 14 countries as of June 30, 2024, and to 27 and 29 countries during FY24 and FY23, respectively. The company also maintained a robust distribution network of over 925 distributors across seven countries, including India, Argentina, Singapore, Germany, Greece, Canada, and Israel.

The company claims to be committed to environmental protection. By June 30, 2024, it had installed rooftop solar projects at its Silvassa facility with a capacity of 2.35 MW, contributing 0.86% of its total energy consumption during FY24. These projects use renewable energy resources to reduce the environmental impact.

Sanathan Textiles operates a ‘Zero Liquid Discharge’ system at its facility, ensuring that no industrial wastewater is released into surface water, significantly reducing environmental pollution. Additionally, the company produces recycled products under the brand name Sanathan Reviro.

The company's operating facility is ISO 9001:2015 certified for quality management systems and ISO 45001:2018 certified for occupational health and safety management. It also holds the Standard 100 certification by OEKO-TEX, which verifies that its textiles are tested and free from harmful substances.