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Cedaar Textile IPO Details

30 June - 02 July 2025 Closed
SME NSE

The Cedaar Textile IPO is a book build issue with a total issue size of ₹60.9 cr, comprising of fresh issue of 4350000 equity shares. Cedaar Textile IPO opened for subscription on Jun 30, 2025 and closed on Jul 02, 2025. Cedaar Textile IPO is set price band at ₹130 to ₹140 per share, with a lot size of 1000 shares. Minimum investment for Retail investors was ₹280,000.00 (at the upper price band) to apply for one lot.

The basis of allotment got finalized on Jul 03, 2025, and listed on the NSE on Jul 07, 2025.

Skyline Financial Services Private Ltd has been appointed as the registrar. Fast Track Finsec Pvt Ltd are the Book Running Lead Manager for the issue.

Before investing in the Cedaar Textile IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.

Price Band
₹ 130 – 140
Lot Size
1000
Issue Size
₹60.9 Cr
Minimum Investment
₹280000 (2000 Shares)
Listing Date
07 July 2025

Current GMP

₹10 (+7.14%)

Open Date 30 June, 2025
Close Date 02 July, 2025
Market Cap -
Industry
Sector
Subscription 10.24x

*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.

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

  1. Rajesh Mittal
  2. Virender Goyal
  3. Bachangada Monnappa Saraswathi
  4.  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.

  1. Installation of Grid-tied Solar PV Rooftop System for Captive evacuation 
  2. Modernization of the Machines 
  3. To meet working capital requirements 
  4. General Corporate Purpose; and 
  5. 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

Face Value₹10 per share
Price Band₹ 130 – 140
Lot Size1000
Issue TypeBook-building IPO
Sale Type
Fresh Issue₹ 60.90 Cr
Offer for Sale₹ 0.00 Cr
Total Issue Size₹ 60.90 Cr
Listing AtNSE
Industry
Sector
QIB Quota28.3%
Retail Quota35.31%

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 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.

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 per share.

Cedaar Textile IPO lot size is 1000 shares, Retail investors need a minimum investment of ₹280000 based on the upper price band

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.

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.

Cedaar Textile IPO issue size is ₹60.9 crores.

Cedaar Textile IPO allotment date is Wed, Jul 1, 2026.

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.

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 0% over the issue price.