Cedaar Textile IPO Subscribed 0.11x on Day 1

Cedaar Textile IPO subscribed over 0.11x on its First day of subscription, wherein QIB subscribed 0x, NII subscribed 0.22x, and RII subscribed 0.06x.

Cedaar Textile IPO subscription started on Monday, June 30, 2025, and will close on July 2, 2025, as per the schedule. The price band is ₹130 to ₹140 per share with a face value of ₹10 each.

Cedaar Textile IPO Subscription Status

Cedaar Textile IPO subscribed over 0.11x on its First day till 05.00 PM on 30th June 2025.

Cedaar Textile IPO subscription QIB investors portion is 0x times, while NII subscribed 0.22x times, and RII investors subscribed 0.06x times.
The company has received bids for 3,81,000 shares against 33,50,000 shares on offer on the First day.
Cedaar Textile IPO subscribed over 0.98x on day 2.
Cedaar Textile IPO subscribed over 0.42x on day 1.

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 crores in 2023. The company reported a profit of ₹11.05 crores in 2024 against a profit of ₹4.59 crores in 2023.

Cedaar Textile IPO GMP:

Cedaar Textile IPO GMP was ₹10 as of Monday, 30th June. That indicates the IPO is trading at ₹150 with a ₹10 premium in the grey market against the issue price of ₹140.

Jagat Joshi

Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.

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Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.