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 12.26x on its Last day till 05.00 PM on 2nd July 2025.
- Cedaar Textile IPO subscription QIB investors portion is 37.88x times, while NII subscribed 5.04x times, and RII investors subscribed 9.73x times.
- The company has received bids for 4,10,62,000 shares against 33,50,000 shares on offer on the Last day.
- Cedaar Textile IPO subscribed over 0.26x on day 2.
- Cedaar Textile IPO subscribed over 0.11x 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 ₹17 as of Wednesday, 2nd July. That indicates the IPO is trading at ₹157 with a ₹17 premium in the grey market against the issue price of ₹140.
