IPO Issue Details
Issue Price / Price Band₹140 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,000 Shares per Lot
Total Issue Size43,50,000 shares (aggregating up to ₹60.90 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenMon, 30 Jun 2025
Subscription CloseWed, 02 Jul 2025
Anchor AllotmentSun, 29 Jun 2025
Basis of AllotmentThu, 03 Jul 2025
Initiation of RefundsFri, 04 Jul 2025
Credit of Shares to DematFri, 04 Jul 2025
Listing DateMon, 07 Jul 2025
UPI Mandate Deadline2025-07-02
Application & Investment Details
Retail — Min (1 Lots)₹1,40,000 — 1000 shares
Retail — Max (13 Lots)₹1,820,000 (13 Lots)
HNI — Min (2 Lots)₹2,80,000 — 2000 shares
EPS (Pre-IPO)₹11.60
EPS (Post-IPO)₹7.33
P/E Ratio (Pre-IPO)12.07x
P/E Ratio (Post-IPO)19.11x
Net Offer to Public41,32,000 shares (aggregating up to ₹57.85 Cr)
Reserved for Market Maker2,18,000 shares (aggregating up to ₹3.05 Cr)
Pre-IPO Promoter Holding95,28,600 shares
Post-IPO Promoter Holding1,38,78,600 shares
About Cedaar Textile Ltd.
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:Melange Yarns– A blend of different fibres and colours to create unique textures.Solid Top-Dyed Yarns – High-quality yarns with vibrant colors for premium apparel.Grey Fancy Yarns – Specialty yarns that add texture and design variations to fabrics.As of June, 01, 2025, the company had 583 employees all of which are on payroll. Competitive Strength: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.
Objects of the Issue
Cedaar Textile Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Installation of Grid-tied Solar PV Rooftop System for Captive evacuation
8.00
2
2 Modernization of the Machines
17.00
3
3 To meet working capital requirements
24.90
4
4 General Corporate Purpose; and
4.91
Shareholding & Lock-in
Pre-IPO Promoter Holding
95,28,600 shares
Post-IPO Promoter Holding
1,38,78,600 shares