Sanathan Textiles Filed Draft Papers With SEBI

Sanathan Textiles has filed draft red herring prospectus (DRHP) with the capital markets regulator SEBI to raise funds via initial public offering (IPO). The company is expected to raise Rs 1,200-1,300 crore through its IPO. Their IPO comprises of fresh issue worth Rs 500 crore and an offer for sale of 1.14