Cedaar Textile IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Mon, 30 Jun 2025
Close Date
Wed, 02 Jul 2025
Price Band
₹ 130 – 140
Lot Size
1000
Issue Size
₹ 60.90 Cr
Minimum Investment
₹ 280,000 (2000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Cedaar Textile IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹60.90 Crore, comprising a fresh issue of 43.50 Lakh equity shares aggregating to ₹60.90 Crore.
The Cedaar Textile IPO remained open for subscription from June 30, 2025, to July 02, 2025. The basis of allotment was finalized on July 03, 2025, and the company's shares were listed on NSE SME Platform on July 07, 2025.
The company had fixed the price band at ₹130 to ₹140 per share, with a lot size of 1000 shares. Retail investors were required to make a minimum investment of ₹280,000 (based on the upper price band) to apply for one lot.
Skyline Financial Services Private Ltd served as the registrar to the issue. Fast Track Finsec Pvt Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Cedaar Textile Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Cedaar Textile IPO Timeline (Tentative)
- IPO Open Date
- Mon, 30 Jun 25
- IPO Close Date
- Wed, 02 Jul 25
- Basis of Allotment
- Thu, 03 Jul 25
- Initiation of Refunds
- Fri, 04 Jul 25
- Credit of Shares to Demat
- Fri, 04 Jul 25
- Listing Date
- Mon, 07 Jul 25 — NSE & BSE
Open Date
30 June 2025
Close Date
02 July 2025
Basis Of Allotment
03 July 2025
Listing Date
07 July 2025
IPO Subscription
Check Live Subscription →The Cedaar Textile IPO has received bids for 4,12,83,000 shares against 40,30,000 shares offered, resulting in an overall subscription of 10.24x. the NII category is subscribed 5.21x, Retail Investors 9.73x, and QIBs 16.45x.
QIB
16.45x
NII
5.21x
RII
9.73x
Total
10.24x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 15,00,000 shares, representing 35.31% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 12,02,000 shares (28.3%), while Non-Institutional Investors (NIIs) receive 13,28,000 shares (31.26%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Market Maker | 218,000 | 5.13% |
| Qualified Institutions | 1,202,000 | 28.3% |
| Non-Institutional | 1,328,000 | 31.26% |
| Retail Investors | 1,500,000 | 35.31% |
| Total | 4,248,000 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Cedaar Textile Limited KPI Information
| Particular | KPI as of Sun, Mar 31, 2024. |
|---|---|
| ROE % | 56.06 |
| ROCE % | 26.9 |
| Debt / Equity | 5.79 |
| RoNW % | 56.06 |
| Pat Margin % | 5.83 |
Peers Comparison
No Peer Comparision Available
About Cedaar Textile Limited
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.
Cedaar Textile IPO Promoters
- Rajesh Mittal
- Virender Goyal
- Bachangada Monnappa Saraswathi
- Monnappa Nachappa Bachangada
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
68.66%
Cedaar Textile IPO Objective
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
Cedaar Textile Limited Address / Contact Details
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
Cedaar Textile IPO Lot Size
The Cedaar Textile IPO has a lot size of 1,000 shares. Retail investors require a minimum investment of ₹1,40,000 by applying for 1 lot (1,000 shares). The maximum application allowed for the retail category is 1 lots (1,000 shares), requiring an investment of ₹1,40,000.
| 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 |
Issue Reservation
- Market Maker — 5.13%
- QIB — 28.3%
- NII — 31.26%
- RII — 35.31%
Book Running Lead Managers
- Fast Track Finsec Pvt Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Cedaar Textile IPO?
Cedaar Textile IPO is a Book-building IPO with a total issue size of ₹60.9 crore. The Cedaar Textile IPO price band is ₹130 to 140 per share. The Cedaar Textile IPO subscription opens on Mon, Jun 30, 2025, and closes on Wed, Jul 2, 2025. The Cedaar Textile IPO will be listed on the NSE. Skyline Financial Services Private Ltd is the registrar for the Cedaar Textile IPO.
When will the Cedaar Textile IPO open for subscription?
The Cedaar Textile IPO opens on Mon, Jun 30, 2025 and closes on Wed, Jul 2, 2025
What is Cedaar Textile IPO Price Band?
Cedaar Textile IPO Price Band is ₹130 to 140 per share.
What is Cedaar Textile IPO Lot Size?
Cedaar Textile IPO lot size is 1000 shares, Retail investors need a minimum investment of ₹280000 based on the upper price band
What is the minimum investment for Cedaar Textile IPO?
The minimum investment for Cedaar Textile IPO is ₹280000, based on one lot of 1000 shares at the upper price band of ₹140 per share.
How to apply for Cedaar Textile IPO?
Investors can apply for the Cedaar Textile IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Jul 2, 2025. The application amount remains blocked until the Cedaar Textile IPO allotment is finalized.
What is Cedaar Textile IPO Issue Size?
Cedaar Textile IPO issue size is ₹60.9 crores.
What is the Cedaar Textile IPO Allotment Date?
Cedaar Textile IPO allotment date is Thu, Jul 3, 2025.
Who is the Cedaar Textile IPO Registrar?
The registrar for Cedaar Textile IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website to check Cedaar Textile IPO allotment status, refund processing, and other IPO-related information.
What is the Cedaar Textile IPO GMP?
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 7.14% over the issue price.
Who is the Cedaar Textile IPO Lead Manager?
The book-running lead managers (BRLMs) for the Cedaar Textile IPO are Fast Track Finsec Pvt Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Cedaar Textile IPO Red Herring Prospectus (RHP).