Cedaar Textile IPO vs Tirshil Algocomm Technologies IPO

Comparison between Cedaar Textile IPO and Tirshil Algocomm Technologies IPO.

IPO Details

Cedaar Textile IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Tirshil Algocomm Technologies IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Cedaar Textile IPO is up to ₹57.85 Cr whereas the issue size of the Tirshil Algocomm Technologies IPO is up to ₹0.00 Cr. The final issue price of Cedaar Textile IPO is ₹140.00 per share and of Tirshil Algocomm Technologies IPO is .

 Cedaar Textile IPOTirshil Algocomm Technologies IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹130.00 per share
Issue Price (Upper)₹140.00 per share
Issue Price (Final)₹140.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1000 shares
Fresh Issue Size41,32,000 shares10,21,200 shares
Fresh Issue Size (Amount)up to ₹57.85 Crup to ₹0.00 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total41,32,000 shares10,21,200 shares
Issue Size Total (Amount)up to ₹57.85 Crup to ₹0.00 Cr

IPO Timetable

Cedaar Textile IPO opens on Jun 30, 2025, while Tirshil Algocomm Technologies IPO opens on . The closing date of Cedaar Textile IPO and Tirshil Algocomm Technologies IPO is Jul 02, 2025, and , respectively.

Financials & KPIs

Cedaar Textile IPO P/E ratio is 12.07, as compared to Tirshil Algocomm Technologies IPO P/E ratio of .

 Cedaar Textile IPOTirshil Algocomm Technologies IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets222.77198.23175.84154.45
Total Income113.91191.01161.88220.44
Profit After Tax7.0611.054.597.99
EBITDA28.8115.6315.26
NET Worth60.7025.2414.199.60
Reserves and Surplus51.1717.7413.949.35
Total Borrowing120.63146.15137.01121.01
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets19.7720.497.615.98
Total Income19.1840.6766.9710.08
Profit After Tax1.931.880.350.10
NET Worth6.074.131.010.66
Reserves and Surplus3.211.281.000.65
Total Borrowing1.591.413.780.99
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10068.12
Promoter Shareholding (Post-Issue)68.66
P/E Ratio12.07
Market Cap₹194.30 Cr.
ROE56.0673.26
ROCE26.9054.09
Debt/Equity5.790.34
EPS₹11.60
RoNW56.0645.56

Shares Offered

In the Cedaar Textile IPO Retail Individual Investors (RII) are offered 15,00,000 shares while in Tirshil Algocomm Technologies IPO retail investors are offered 15,00,000 shares. Qualified Institutional Buyers (QIB) are offered 5,22,000 shares in Cedaar Textile IPO and in Tirshil Algocomm Technologies IPO.

 Cedaar Textile IPOTirshil Algocomm Technologies IPO
Anchor Investor Reservation6,80,000 shares
Market Maker Reservation2,18,000 shares
QIB5,22,000 shares
NII13,28,000 shares
RII15,00,000 shares
Employee
Others
Total41,32,000 shares

Bids Received (Subscription)

Cedaar Textile IPO subscribed 12.26x in total, whereas Tirshil Algocomm Technologies IPO subscribed .

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Cedaar Textile IPO Vs Tirshil Algocomm Technologies IPO