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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.

 Cedaar Textile IPOTirshil Algocomm Technologies IPO
LogoCedaar Textile IPO LogoTirshil Algocomm Technologies IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMEBSE SME
Lead ManagersFast Track Finsec Pvt.Ltd.Fast Track Finsec Pvt.Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerNNM Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL

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.

 Cedaar Textile IPOTirshil Algocomm Technologies IPO
Anchor Bid DateJun 27, 2025
Issue OpenJun 30, 2025
Issue CloseJul 02, 2025
Basis Of Allotment (Tentative)Jul 03, 2025
Initiation of Refunds (Tentative)Jul 04, 2025
Credit of Share (Tentative)Jul 04, 2025
Listing date (Tentative)Jul 07, 2025
Anchor Lockin End date 1Aug 04, 2025
Anchor Lockin End date 2Oct 03, 2025

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

Cedaar Textile Limited Financial Information (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

Tirshil Algocomm Technologies Limited Financial Information (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets19.7720.497.615.98
Total Income19.1840.6766.9710.08
Profit After Tax1.931.880.350.1
Net Worth6.074.131.010.66
Reserves and Surplus3.211.2810.65
Total Borrowing1.591.413.780.99
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100
Promoter Shareholding (Post-Issue)68.66
P/E Ratio12.07
Market Cap₹194.30 Cr.
ROE56.06%73.26%
ROCE26.90%54.09%
Debt/Equity5.790.34
EPS₹11.60
RoNW56.06%45.56%

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 Reserveration6,80,000 shares
Market Maker Reserveration2,18,000 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 .

 Cedaar Textile IPOTirshil Algocomm Technologies IPO
QIB (times)37.88x
NII (times)5.04x
Big NII (times)
Small NII (times)
RII (times)9.73x
Employee (times)
Other (times)
Total (times)12.26x