Cedaar Textile IPO Details
IPO Open Date: | June 30, 2025 |
IPO Close Date: | July 2, 2025 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹130 to ₹140 Per Share |
Issue Size: | Approx ₹60.90 Crores |
Fresh Issue: | Approx ₹60.90 Crores |
Issue Type: | Book Build Issue |
IPO Listing: | NSE SME |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |
Cedaar Textile IPO Market Lot
The Cedaar Textile IPO minimum market lot is 1000 shares with ₹1,40,000 application amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 1000 | ₹1,40,000 |
Retail Maximum | 1 | 1000 | ₹1,40,000 |
S-HNI Minimum | 2 | 2000 | ₹2,80,000 |
Cedaar Textile IPO Dates
The Cedaar Textile IPO date is June 30 and the close date is July 2. The Cedaar Textile IPO allotment will be finalized on July 3 and the IPO listing on July 7.
IPO Open Date: | June 30, 2025 |
IPO Close Date: | July 2, 2025 |
Basis of Allotment: | July 3, 2025 |
Refunds: | July 4, 2025 |
Credit to Demat Account: | July 4, 2025 |
IPO Listing Date: | July 7, 2025 |
Promoters of Cedaar Textile IPO
The promoters of the company are Rajesh Mittal, Virender Goyal, Bachangada Monnappa Saraswathi and Monnappa Nachappa Bachangada.
About Cedaar Textile IPO
Cedaar Textile Limited, founded in September 2020, focuses on manufacturing diverse yarns. The company is involved in the manufacturing of Quality Melange Yarn for use in household textiles, woven goods, and hosiery. The company’s aim is to offer services to top-tier customers in India who design garments for well-known fashion brands. The company’s process comprises with sourcing raw materials from suppliers, which are then processed using machines by blending different fabrics like cotton, polyester, viscose, acrylic, and other fibers. Cedar Textile manufactures a wide range of Melange Yarns, Solid Top-dyed Yarns, and grey Fancy yarns. What’s make this company unique is its ability to offer products that focus on sustainable, 100% organic, recycled fibers, good for the environment. The company includes a total of 583 employees as of June 1, 2025.
Cedaar Textile IPO Company Financial Report
The company reported revenue of ₹191.01 crores in 2024 against ₹161.88 crore in 2023. The company reported profit of ₹11.05 crores in 2024 against profit of ₹4.59 crores in 2023.
Amount ₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022 | ₹220.44 | ₹202.14 | ₹7.99 | ₹154.45 |
2023 | ₹161.88 | ₹144.62 | ₹4.59 | ₹175.84 |
2024 | ₹191.01 | ₹160.87 | ₹11.05 | ₹198.23 |
December 2024 | ₹113.91 | ₹92.45 | ₹7.06 | ₹222.77 |
Cedaar Textile IPO Valuation – FY2024
Check Cedaar Textile IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | 56.06% |
ROCE: | 26.90% |
EBITDA Margin: | 15.19% |
PAT Margin: | 5.83% |
Debt to equity ratio: | 5.79 |
Earning Per Share (EPS): | ₹14.73 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 56.06% |
Net Asset Value (NAV): | ₹33.65 |
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Shiva Texyarn Limited | 1.94 | (26.34) | 2.02% | 94.78 | – Cr. |
Vardhman Textiles Limited | 7.59 | 24.22 | 2.45% | 304.49 | – Cr. |
Objects of the Issue
- 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 IPO Review
- IPO Watch –May Apply
- Canara Bank –
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- Emkay Global –
- Hem Securities –
- IDBI Capital –
- Marwadi Shares –
- Nirmal Bang –
- SBICAP Securities –
- Sharekhan –
- SMC Global –
- Sushil Finance –
- Swastika Investmart –
- Ventura Securities –
- Geojit –
- Reliance Securities –
- Capital Market –
- BP Wealth –
- ICICIdirect –
- Choice Broking –
Cedaar Textile IPO Registrar
Skyline
Financial
Services
Private
Ltd
Phone:
02228511022
Email:
[email protected]
Website:
https://www.skylinerta.com/ipo.php
IPO Lead Managers aka Merchant Bankers
- Fast Track Finsec Pvt Ltd
Company Address
Cedaar
Textile Limited
KSSIDC
Plot
No
B-34
Industrial
Estate,
Yelahanka
New
Town,
Bangalore
Urban, Karnataka,
560064
Phone: +91
9815610607
Email: [email protected]
Website: https://cedaartextile.com/
Cedaar Textile IPO FAQs
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Note: The Cedaar Textile IPO price band and date are officially announced. The (Cedaar Textile IPO grey market premium) will be added to the IPO GMP page as it will start).