Cedaar Textile IPO
IPO Listing Details
- Listing Date
07 Jul 2025
- Listing Price
₹ 119.00
- Listing Change
-15.00%
- Last Traded Price
₹ 82.00
Cedaar Textile IPO Details
-
Open Date
30 Jun 2025
-
Close Date
02 Jul 2025
-
Listing Date
07 Aug 2025
- IPO Price Range
₹ 130 to ₹140
- IPO Size
₹ 57.85 Cr
- Listing Exchange
NSE SME
Cedaar Textile IPO Timeline
Cedaar Textile IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 30-Jun-25 | 0.00 | 0.22 | 0.06 | 0.11 |
| 01-Jul-25 | 0.00 | 0.14 | 0.45 | 0.26 |
| 02-Jul-25 | 37.88 | 5.04 | 9.73 | 12.26 |
Last Updated: 04 July 2025 9:55 AM by 5paisa
Cedaar Textile Limited is set to launch its IPO on June 30, 2025. Incorporated in September 2020, the company specialises in manufacturing a wide range of quality yarns, catering to both domestic and international markets.
The company's products include melange yarns, solid top-dyed yarns, and grey fancy yarns, widely used for household textiles, woven goods, hosiery, and premium fashion brands. Cedaar Textile’s production process involves blending various fibres such as cotton, polyester, viscose, acrylic, and others to deliver customised and high-quality yarn solutions.
Established in: 2020
Managing DIrector: Rajesh Mittal
Peers
Shiva Texyarn Limited
Vardhman Textiles Limited
Cedaar Textile Objectives
The company plans to utilise the net IPO proceeds towards:
Installation of grid-tied solar PV rooftop system for captive power
Modernisation of machinery to enhance operational efficiency
Meeting working capital requirements
General corporate purposes
Covering issue-related expenses
Cedaar Textile IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹57.85 Cr |
| Offer For Sale | - |
| Fresh Issue | ₹57.85 Cr |
Cedaar Textile IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹1,30,000 |
| Retail (Max) | 1 | 1000 | ₹1,30,000 |
| HNI (Min) | 2 | 2000 | ₹2,60,000 |
Cedaar Textile IPO Reservation
| Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB | 37.88 | 5,22,000 | 1,97,71,000 | 276.794 |
| NII (HNI) | 5.04 | 13,28,000 | 66,99,000 | 93.786 |
| Retail | 9.73 | 15,00,000 | 1,45,92,000 | 204.288 |
| Total** | 12.26 | 33,50,000 | 4,10,62,000 | 574.868 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
|---|---|---|---|
| Revenue | 220.44 | 161.88 | 191.01 |
| EBITDA | 15.26 | 15.63 | 28.81 |
| PAT | 7.99 | 4.59 | 11.05 |
| Particulars (in Rs. Crores)] | FY22 | FY23 | FY24 |
|---|---|---|---|
| Total Assets | 121.01 | 137.01 | 146.15 |
| Share Capital | 0.25 | 0.25 | 7.50 |
| Total Borrowings | 154.45 | 175.84 | 198.23 |
| Particulars (in Rs. Crores | FY22 | FY23 | FY24 |
|---|---|---|---|
| Net Cash Generated From / (used in) operating activities | -15.42 | -1.96 | 4.85 |
| Net Cash Generated From / (used in) investing activities | -6.09 | -6.49 | -2.51 |
| Net Cash Generated From / (used in) financing activities | 21.53 | 8.47 | -2.34 |
| Net Increase (Decrease) In Cash And Cash Equivalents | 0.02 | 0.02 | 0 |
Strengths
1. Experienced management and promoter team with industry expertise
2. Diverse and high-quality yarn product portfolio
3. Strong financial growth with a consistent rise in profit and net worth
4. Established customer base in both domestic and international markets
Weaknesses
1. High level of borrowings at ₹120.63 Cr as of December 2024
2. Relatively young company, incorporated in 2020, with limited operational history
3. Businesses are heavily dependent on raw material price fluctuations
4. Requires significant capital expenditure for continued growth and modernisation
Opportunities
1. Rising global demand for premium and speciality yarns
2. Expansion potential in export markets through renowned fashion brands
3. Modernisation of machinery can improve efficiency and margins
4. Growing demand for eco-friendly and blended fibre yarns
Threats
1. Volatility in cotton, polyester, and other raw material prices
2. Intense competition from established textile players
3. Global economic uncertainties are affecting export demand
4. Regulatory risks and policy changes in domestic and international markets
1. Diversified product portfolio catering to high-growth textile segments
2. Strong revenue and profitability growth in recent years
3. Planned modernisation and renewable energy adoption enhance efficiency
4. Well-positioned to capture rising demand for premium yarns
5. Experienced management team with in-depth industry knowledge
1. Strong demand for premium yarns in domestic and global markets
2. Growing preference for sustainable and customised textile products
3. Government initiatives like the PLI scheme support textile manufacturing
4. Competitive landscape with opportunities for niche players
Open Free Demat Account
Be a part of 5paisa community - The first listed discount broker of India.
By proceeding, you agree to all T&C*
FAQs
Cedaar Textile IPO opens on June 30, 2025, and closes on July 2, 2025.
Cedaar Textile IPO size is ₹57.85 Cr through a fresh issue of 41.32 lakh shares.
Cedaar Textile IPO price band is fixed between ₹130 and ₹140 per share.
To apply for Cedaar Textile IPO, follow the steps given below:
- Login to your 5paisa account and select the issue in the current IPO section
- Enter the number of lots and the price at which you wish to apply for the Cedaar Textile IPO
- Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
You will receive the mandate notification to block funds in your UPI app.
The minimum lot size of Cedaar Textile IPO is 1,000 shares with a minimum investment of ₹1,30,000.
The allotment of Cedaar Textile IPO is expected to be finalised on July 3, 2025.
Tentative listing date of Cedaar Textile IPO is July 7, 2025, on the NSE SME platform.
Fast Track Finsec Pvt Ltd is the book-running lead manager of Cedaar Textile IPO.
Cedaar Textile plans to utilise the IPO proceeds towards:
- Installation of grid-tied solar PV rooftop system,
- Machinery modernisation,
- Working capital needs,
- General corporate purposes
- Issue related expenses
Cedaar Textile 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/
Cedaar Textile IPO Register
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Cedaar Textile IPO Lead Manager
Fast Track Finsec Pvt Ltd