Bookbuilding IPO | ₹61 Cr | Listed at NSE SME | Mon, Jun 30, 2025 - Wed, Jul 2, 2025
Cedaar Textile IPO is a book build issue of ₹60.90 crores. The issue is entirely a fresh issue of 0.44 crore shares of ₹60.90 crore.
Cedaar Textile IPO bidding started from Jun 30, 2025 and ended on Jul 2, 2025. The allotment for Cedaar Textile IPO was finalized on Jul 3, 2025. The shares got listed on NSE SME on Jul 7, 2025.
Cedaar Textile IPO price band is set at ₹140 per share. The lot size for an application is 1,000. The minimum amount of investment required by an retail is ₹1,40,000 (1000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (2,000 shares), amounting to ₹2,80,000.
Fast Track Finsec Pvt.Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is NNM Securities Pvt.Ltd..
Refer to Cedaar Textile IPO RHP for detailed Information.
IPO Open
Mon, Jun 30, 2025
IPO Close
Wed, Jul 2, 2025
Issue Price
₹140 per share
Market Cap (Pre-IPO)
₹194.30 Cr
| IPO Date | 30 Jun to 2 Jul, 2025 |
| Listed on | Mon, Jul 7, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹130 to ₹140 |
| Issue Price | ₹140 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 43,50,000 shares (agg. up to ₹61 Cr) |
| Reserved for Market Maker | 2,18,000 shares NNM Securities Pvt.Ltd. (agg. up to ₹3 Cr) |
| Fresh Issue (Ex Market Maker) | 41,32,000 shares (agg. up to ₹58 Cr) |
| Net Offered to Public | 41,32,000 shares (agg. up to ₹58 Cr) |
| Share Holding Pre Issue | 95,28,600 shares |
| Share Holding Post Issue | 1,38,78,600 shares |
| NSE Symbol | CEDAAR |
| ISIN | INE11J101017 |
Cedaar Textile IPO comprises a total issue size of 43,50,000 shares. The net offer to the public is 41,32,000 shares, after excluding 2,18,000 shares allotted on a firm basis. Of the Net offer 13,04,000 (31.56%) are allocated to QIB, 13,28,000 (32.14%) allocated to NII 15,00,000 (36.30%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 13,04,000 | 31.56% | 29.98% |
| − Anchor Investor Shares Offered | 6,80,000 | 15.63% | |
| − QIB (Ex. Anchor) Shares Offered | 6,24,000 | 14.34% | |
| NII (HNI) Shares Offered | 13,28,000 | 32.14% | 30.53% |
| Retail Shares Offered | 15,00,000 | 36.30% | 34.48% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,18,000 | 5.01% | |
| Total Shares Offered | 43,50,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹1,40,000 |
| Retail (Max) | 1 | 1,000 | ₹1,40,000 |
| HNI (Min) | 2 | 2,000 | ₹2,80,000 |
Cedaar Textile IPO raises ₹9.52 crore from anchor investors. Cedaar Textile IPO Anchor bid date is June 27, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Fri, Jun 27, 2025 |
| Shares Offered | 6,80,000 |
| Anchor Portion (₹ Cr.) | 9.52 |
| Anchor lock-in period end date for 50% shares (30 Days) | Mon, Aug 4, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Fri, Oct 3, 2025 |
Incorporated in September 2020, Cedaar Textile Limited specializes in manufacturing diverse yarns.
The company manufactures quality melange yarn for household textiles, woven goods, and hosiery.
Cedaar Textile's clientele includes top-tier customers in both domestic and international markets, supplying garments to renowned fashion brands.
The company's production process begins with procuring raw materials, which are then processed by blending various fibres like cotton, polyester, viscose, acrylic, and others.
Cedaar Textile manufactures various types of yarns, including:
As of June, 01, 2025, the company had 583 employees all of which are on payroll.
Competitive Strength:
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 222.77 | 198.23 | 175.84 | 154.45 |
| Total Income | 113.91 | 191.01 | 161.88 | 220.44 |
| Profit After Tax | 7.06 | 11.05 | 4.59 | 7.99 |
| EBITDA | 28.81 | 15.63 | 15.26 | |
| NET Worth | 60.70 | 25.24 | 14.19 | 9.60 |
| Reserves and Surplus | 51.17 | 17.74 | 13.94 | 9.35 |
| Total Borrowing | 120.63 | 146.15 | 137.01 | 121.01 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Installation of Grid-tied Solar PV Rooftop System for Captive evacuation | 8.00 |
| 2 | Modernization of the Machines | 17.00 |
| 3 | To meet working capital requirements | 24.90 |
| 4 | General Corporate Purpose; and | 4.91 |
| 5 | Issue Expenses | 6.09 |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 56.06% |
| ROCE | 26.90% |
| Debt/Equity | 5.79 |
| RoNW | 56.06% |
| PAT Margin | 5.83% |
| EBITDA Margin | 15.19% |
| Price to Book Value | 4.16 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 11.60 | 7.33 |
| P/E (x) | 12.07 | 19.11 |
| Promoter Holding | 100% | 68.66% |
| Market Cap | ₹194.30 Cr. |
The Cedaar Textile IPO is subscribed 12.26 times on July 2, 2025 6:19:59 PM (Day 3). The public issue subscribed 9.73 times in the retail category, 37.88 times in the QIB category, and 5.04 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB | 37.88 | 5,22,000 | 1,97,71,000 | 14 |
| NII* | 5.04 | 13,28,000 | 66,99,000 | 1,652 |
| Retail | 9.73 | 15,00,000 | 1,45,92,000 | 14,592 |
| Total | 12.26 | 33,50,000 | 4,10,62,000 | 16,258 |
Total Application : 16,258
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manger Fees | 0.50 |
| 2 | Underwriting Commission | 3.05 |
| 3 | Fees Payable to Registrar to the Issue | 0.01 |
| 4 | Fees Payable for Advertising and Publishing Expenses | 0.04 |
| 5 | Fees Payable to Regulators including Stock Exchanges | 0.08 |
| 6 | Payment for Printing & Stationery, Postage, etc. | 0.02 |
| 7 | Fees Payable to Auditor, Legal Advisors, Monitoring Agency and other Professionals | 0.08 |
| 8 | Market Maker | 0.09 |
| 9 | Others (Fees payable for Marketing & distribution expenses, Selling Commission, Brokerage, Processing Fees* and Miscellaneous Expenses) | 2.23 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹140.00 |
| Open | ₹119.00 |
| Low | ₹113.05 |
| High | ₹119.00 |
| Last Trade | ₹113.05 |
Lead Manager Reports
Cedaar Textile IPO is a SME IPO of 43,50,000 equity shares of the face value of ₹10 aggregating up to ₹61 Crores. The issue is priced at ₹140 per share. The minimum order quantity is 1000.
The IPO opens on Mon, Jun 30, 2025, and closes on Wed, Jul 2, 2025.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Cedaar Textile IPO using UPI as a payment gateway. Zerodha customers can apply in Cedaar Textile IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Cedaar Textile IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Cedaar Textile IPO opens on Mon, Jun 30, 2025 and closes on Wed, Jul 2, 2025.
Cedaar Textile IPO lot size is 1000, and the minimum amount required for application is ₹1,40,000.
You can apply in Cedaar Textile IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Cedaar Textile IPO will be done on Thursday, July 3, 2025, and the allotted shares will be credited to your demat account by Fri, Jul 4, 2025. Check the Cedaar Textile IPO allotment status.
The Cedaar Textile IPO listing date is on Mon, Jul 7, 2025.
