Cedaar Textile IPO
Open SmeCurrent GMP
₹10 (+7.14%)
Price Band
₹ 130 – 140
Lot Size
1000
Issue Size
₹60.9 Cr
Minimum Investment
₹280000 (2000 Shares)
Listing Date
07 July 2025
Subscription
10.24x
About the Company
Incorporated in September 2020, Cedaar Textile Limited is a leading manufacturer specializing in a wide range of high-quality yarns for domestic and international markets. With a strong focus on innovation, sustainability, and customer satisfaction, the company has rapidly established itself as a trusted supplier to renowned fashion and textile brands worldwide.
Cedaar Textile primarily manufactures Melange Yarn, catering to diverse applications such as household textiles, woven goods, and hosiery. The company’s product portfolio also includes:
- Melange Yarns – Crafted from blends of various fibers and colors to deliver distinctive textures.
- Solid Top-Dyed Yarns – Premium quality yarns in vibrant hues, ideal for high-end apparel.
- Grey Fancy Yarns – Specialty yarns that enhance fabric aesthetics with unique textures and design features.
- Raw White Yarns – Versatile base yarns for a range of downstream applications.
The production process begins with the sourcing of high-grade raw materials, which are then processed using a blend of cotton, polyester, viscose, acrylic, modal, Tencel, and other fibers. A major differentiator for Cedaar Textile is its commitment to sustainability—all yarns are manufactured using 100% organic and recycled fibers (including recycled cotton and polyester), supporting environmental conservation and resource efficiency.
Business Strengths & Capabilities
Cedaar Textile’s core competitive advantages include:
- Experienced Management & Skilled Workforce – A knowledgeable and dedicated team led by seasoned promoters with deep industry expertise.
- Robust Financial Performance – Consistent growth and a strong financial foundation.
- Expanding Customer Base – Serving top-tier clients across global markets.
- Scalable Business Model – Flexible and future-ready operations.
- Technology & Innovation – Focus on continuous improvement through R&D, ERP systems, digitalization, and green energy adoption.
The company also manufactures and sells technical textiles (IFR), dyed yarn, and fabrics, expanding its presence across the textile value chain.
As of June 1, 2025, Cedaar Textile employs a total of 583 staff members, all on a permanent payroll basis—reflecting the company’s commitment to workforce stability and employee welfare.
Promoters
- Rajesh Mittal
- Virender Goyal
- Bachangada Monnappa Saraswathi
- Monnappa Nachappa Bachangada
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
68.66%
Objects of the Issue
The Company Cedaar Textile IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Installation of Grid-tied Solar PV Rooftop System for Captive evacuation
- Modernization of the Machines
- To meet working capital requirements
- General Corporate Purpose; and
- Issue Expenses
Address / Contact Info
Cedaar Textile Limited
KSSIDC Plot No B-34
Industrial Estate,
Yelahanka New Town,
Bangalore Urban, Karnataka, 560064
Phone: +91 9815610607
Email: Info@cedaartextile.com
Website: https://cedaartextile.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Monday, 30 June 2025
IPO Close Date
Wednesday, 02 July 2025
Basis of Allotment
Thursday, 03 July 2025
Initiation of Refunds
Friday, 04 July 2025
Credit of Shares to Demat
Friday, 04 July 2025
Listing Date
Monday, 07 July 2025 — NSE & BSE
Important Dates
Open Date
30 June 2025
Close Date
02 July 2025
Basis Of Allotment
03 July 2025
Listing Date
07 July 2025
Financial Performance (₹ in Crores)
| Particular | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 222.77 | 198.23 | 175.84 | 154.45 |
| Revenue | 113.91 | 191.01 | 161.88 | 220.44 |
| Profit After Tax | 7.06 | 11.05 | 4.59 | 7.99 |
| Net Worth | 60.7 | 25.24 | 14.19 | 9.6 |
| Reserve & Surplus | 51.17 | 17.74 | 13.94 | 9.35 |
| Total Borrowings | 120.63 | 146.15 | 137.01 | 121.01 |
EPS Pre
11.60%
EPS Post
7.33%
P/E Pre
12.07
P/E (Post Issue)
19.11x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Sun, Mar 31, 2024. |
|---|---|
| ROE % | 56.06 |
| ROCE % | 26.9 |
| Debt / Equity | 5.79 |
| RoNW % | 56.06 |
| PbW | 0 |
| Pat Margin % | 5.83 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Market Maker | 218000 | 5.13 | 0 |
| Qualified Institutions | 1202000 | 28.3 | 0 |
| Non-Institutional | 1328000 | 31.26 | 0 |
| Retail Investors | 1500000 | 35.31 | 0 |
| Total | 4248000 | 100 | 0 |
Subscription Status ( Wed, 02 Jul 25 01:32 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 1202000 | 19771000 | 16.45x |
| Non-Institutional | 1328000 | 6920000 | 5.21x |
| Retail Investors | 1500000 | 14592000 | 9.73x |
| Total | 4030000 | 41283000 | 10.24x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | 140,000.00 |
| Retail (Max) | 1 | 1,000 | 140,000.00 |
| S-HNI (Min) | 2 | 2,000 | 280,000.00 |
Registrar
Skyline Financial Services Private Ltd
02228511022
info@skylinerta.com
https://www.skylinerta.com
Book Running Lead Managers
- Fast Track Finsec Pvt Ltd
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Cedaar Textile IPO is a Book-building IPO worth ₹60.9 crores. The price band is ₹130 to 140 per share. The IPO opens on Mon, Jun 30, 2025 and closes on Wed, Jul 2, 2025. It will be listed on BSE and NSE. Skyline Financial Services Private Ltd is the registrar.
The Cedaar Textile IPO opens on Mon, Jun 30, 2025 and closes on Wed, Jul 2, 2025
Cedaar Textile IPO Price Band is ₹130 to 140.
Cedaar Textile IPO lot size is 1000, and the minimum amount required for application is ₹280000.
The minimum investment for Cedaar Textile IPO is approximately ₹280000 based on the upper price band.
To apply for the Cedaar Textile IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Wed, Jul 2, 2025. After submission, funds are blocked until the basis of allotment of Cedaar Textile IPO is finalised.
Cedaar Textile IPO issue size is ₹60.9 crores.
Cedaar Textile IPO allotment date is Sat, Jun 27, 2026.
The registrar for Cedaar Textile IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website for IPO allotment status, refund processing, and other queries related to Cedaar Textile IPO through their official website or helpline.
The Cedaar Textile IPO GMP (Grey Market Premium) is ₹10 as of Mon, Jul 7, 2025. Based on the upper price band of ₹140 per share, the estimated Cedaar Textile IPO listing price is ₹150, indicating a potential listing gain of approximately 31% over the issue price.