Cedaar Textile Ltd
Price Range
₹130 - ₹140
-
Min. Quantity
1,000
Closes on
2 July 2025
-
Min. investment
₹1,40,000/1,000 Shares
Cedaar Textile Ltd IPO Timeline
Cedaar Textile Limited was incorporated as a Private Limited Company namely 'Cedaar Textile Private Limited' vide Certificate of Incorporation dated September 28, 2020 issued by Registrar of Companies, ROC Bangalore. Thereafter, Company was converted into a Public Limited Company on August 23, 2024 by the Registrar of Companies, ROC CPC Manesar Haryana and consequently the name of the Company was changed to 'Cedaar Textile Limited'.
| Event | Date |
|---|---|
| Cedaar Textile Ltd IPO Opening Date | 30 June 2025 |
| Cedaar Textile Ltd IPO Closing Date | 2 July 2025 |
| Basis of Allotment | 3 July 2025 |
| Initiation of Refunds | 4 July 2025 |
| Credit of Shares to Demat | 4 July 2025 |
| Cedaar Textile Ltd IPO Listing Date | 7 July 2025 |
Cedaar Textile Ltd IPO Details
| Cedaar Textile Ltd IPO Date | 30 June 2025 to 2 July 2025 |
| Cedaar Textile Ltd IPO Face Value | ₹10 per share |
| Cedaar Textile Ltd IPO Price | ₹130 to ₹140 per share |
| Cedaar Textile Ltd IPO Lot Size | 1,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹60.9 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹60.9 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | Not more than 5,22,000 of the Net Offer |
| Retail Shares Offered | Not less than 15,00,000 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 13,28,000 of the Net Offer |
| Company Promoters | Rajesh Mittal, Virendra Goyal, Bachangada Nachappa Monnappa |
Cedaar Textile Ltd IPO Lot Size
The Cedaar Textile Ltd IPO lot size is 1,000 shares. A retail-individual investor can apply for up to 1 lots (1,000 shares or ₹1,40,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,000 | ₹1,40,000 |
| Maximum | 1 | 1,000 | ₹1,40,000 |
- Strengths
- Risks
- Opportunities
- Experienced and Qualified Management and Employee base.
- Strong and Consistent Financial Performance.
- Growing customer base.
- Scalable and reliable business model.
- Experienced Promoters and Senior Management with extensive domain knowledge.
Company Financials
Cedaar Textile Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 198.23 | 191.01 | 11.05 |
| 03-2023 | 175.84 | 161.88 | 4.59 |
| 03-2022 | 154.45 | 220.44 | 7.99 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Installation of Grid-Tied Solar PV rooftop systems for captive evacuation
- Modernization of the machines
- To meet working capital requirements
- General corporate purposes
Cedaar Textile Ltd IPO Promoter Holding
| Pre Issue Share Holding | 40.35% |
| Post Issue Share Holding | 27.71% |
Cedaar Textile Ltd IPO Subscription Status (Bidding Detail)
The Cedaar Textile Ltd IPO is subscribed 11.2488 times on 2 July 2025 05:00:00 PM. The public issue subscribed 9.728 times in the retail category, 37.8755 times in the QIB category, and 5.2108 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 37.8755 | 5.2108 | 9.728 | - | 11.2488 |
Cedaar Textile Ltd IPO Prospectus
Cedaar Textile Ltd IPO Listing Date
| BSE Script | - |
| NSE Symbol | - |
| Listing In | NSE - SME |
| ISIN | INE11J101017 |
| IPO Price | ₹140 |
| Face Value | ₹10 |
Company Contact Information
KSSIDC Plot #.B-34 Industrial-Estate Yelahanka New Town,Bangalore-560064
Phone: +91 98156 10607
Email: info@cedaartextile.com
Website: www.cedaartextile.com
Cedaar Textile Ltd IPO Registrar
Cedaar Textile Ltd IPO Lead Manager(s)
- Fast Track Finsec Pvt Ltd
FAQ
What is the issue size of Cedaar Textile Ltd IPO?
I have pre-applied for Cedaar Textile Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.