Cedaar Textile IPO Date, Price, Details
The Cedaar Textile IPO is scheduled to open on June 30, 2025, and will close on July 2, 2025. It is a Book Built Issue, with the company aiming to raise approximately ₹60.90 crores through a fresh issue of the same amount. The offer for sale (OFS) component details are yet to be disclosed. Each equity share carries a face value of ₹10.
The IPO price band has been set between ₹130 to ₹140 per share. The allocation split reserves 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-Worth Individuals (HNIs).
Listing is expected on the NSE on July 7, 2025, with the allotment date set for July 3, 2025.
From a financial perspective, the company reported revenue of ₹191.01 crores in FY 2024, a growth from ₹161.88 crores in FY 2023. Net profit also saw a significant jump, rising to ₹11.05 crores in FY 2024 from ₹4.59 crores in FY 2023.
Cedaar Textile IPO Market Lot Size
The Cedaar Textile IPO minimum market lot is 1000 shares with ₹1,40,000 application amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 1000 | ₹1,40,000 |
Retail Maximum | 1 | 1000 | ₹1,40,000 |
S-HNI Minimum | 2 | 2000 | ₹2,80,000 |
Cedaar Textile IPO Details
IPO Open Date: | June 30, 2025 |
IPO Close Date: | July 2, 2025 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹130 to ₹140 Per Share |
Issue Size: | Approx ₹60.90 Crores |
Fresh Issue: | Approx ₹60.90 Crores |
Issue Type: | Book Build Issue |
IPO Listing: | NSE SME |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
Cedaar Textile IPO Valuation – FY2024 (KPI)
Explore the valuation metrics of Cedaar Textile IPO, including key figures such as Earnings Per Share (EPS), Price-to-Earnings (P/E) Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV).
KPI | Values |
ROE: | 56.06% |
ROCE: | 26.90% |
EBITDA Margin: | 15.19% |
PAT Margin: | 5.83% |
Debt to equity ratio: | 5.79 |
Earning Per Share (EPS): | ₹14.73 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 56.06% |
Net Asset Value (NAV): | ₹33.65 |
Cedaar Textile IPO Company Financial Report
In the financial year 2024, the company recorded a revenue of ₹191.01 crores, marking an increase from ₹161.88 crores in 2023. Net profit also rose significantly, reaching ₹11.05 crores in 2024 compared to ₹4.59 crores in the previous year.
(All figures are in ₹ crores)
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022 | ₹220.44 | ₹202.14 | ₹7.99 | ₹154.45 |
2023 | ₹161.88 | ₹144.62 | ₹4.59 | ₹175.84 |
2024 | ₹191.01 | ₹160.87 | ₹11.05 | ₹198.23 |
September 2024 | ₹79.73 | ₹64.80 | ₹5.08 | ₹211.96 |
Cedaar Textile IPO Dates
The Cedaar Textile IPO is set to open on June 30 and will close on July 2. The allotment of shares is expected to be finalized on July 3, with the company’s listing scheduled for July 7.
IPO Open Date: | June 30, 2025 |
IPO Close Date: | July 2, 2025 |
Basis of Allotment: | July 3, 2025 |
Refunds: | July 3, 2025 |
Credit to Demat Account: | July 3, 2025 |
IPO Listing Date: | July 7, 2025 |
Promoters of Cedaar Textile IPO
The promoters of the company are Rajesh Mittal, Virender Goyal, Bachangada Monnappa Saraswathi and Monnappa Nachappa Bachangada.
About Cedaar Textile IPO
Cedaar Textile Limited, established in September 2020, specializes in the production of a wide variety of high-quality yarns. The company is primarily engaged in manufacturing Melange Yarn, which is widely used in home textiles, woven fabrics, and hosiery applications.
Targeting premium clients within India, Cedaar Textile supplies yarn to manufacturers who craft garments for renowned fashion labels. The production process begins with sourcing raw materials, followed by blending different fibers—including cotton, polyester, viscose, acrylic, and others—using advanced machinery to create customized yarn blends.
Its product range includes Melange Yarns, Solid Top-dyed Yarns, and Grey Fancy Yarns. What sets Cedaar Textile apart is its strong commitment to sustainability, offering yarns made from 100% organic, recycled, and eco-friendly fibers.
As of June 1, 2025, the company employs a workforce of 583 people, supporting its growing operations and sustainability-driven mission.
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Shiva Texyarn Limited | 1.94 | (26.34) | 2.02% | 94.78 | – Cr. |
Vardhman Textiles Limited | 7.59 | 24.22 | 2.45% | 304.49 | – Cr. |
Objects of the IPO
Setting up a grid-connected rooftop solar PV system for in-house energy use
Upgrading and modernizing existing machinery
Meeting the company’s working capital needs
Funding general corporate activities
Covering expenses related to the public issue
Merchant Bankers
- Fast Track Finsec Pvt Ltd
Company Address
Cedaar Textile Limited
KSSIDC Plot No B-34
Industrial Estate,
Yelahanka New Town,
Bangalore Urban, Karnataka, 560064
Phone: +91 9815610607
Email: [email protected]
Website: https://cedaartextile.com/
Cedaar Textile IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php
Check Grey market premium at below
(GMP)