Yarn manufacturer Sanathan Textiles' initial public offering garnered 35.12 times subscription on the last day of bidding on Monday. The initial share sale received bids for 44,32,74,446 shares, as against 1,26,22,950 shares on offer, as per NSE data. The Qualified Institutional Buyers (QIBs) category mopped-up 75.62 times subscription, while the quota for non-institutional investors got subscribed 42.21 times. The portion for Retail Individual Investors (RIIs) received 8.93 times subscription. Sanathan Textiles on Wednesday said it has mobilised Rs 165 crore from anchor investors. The issue has a price band of Rs 305-321 per share sale. The company's Rs 550-crore IPO is a combination of a fresh issue of equity shares aggregating up to Rs 400 crore and an Offer-for-Sale (OFS) of shares valued Rs 150 crore by promoters and promoter group entities. The company plans to utilise proceeds from its fresh issue worth Rs 160 crore for payment of debt, while Rs 140 crore will be invested