Cedaar Textile Limited
Bookbuilding IPO · NSE
- Price band
- ₹130 - ₹140
- Lot size
- 1,000 shares
- Issue amount
- ₹60.9 cr
- Total subscription
- 11.25×
- Opens
- 30 Jun 2025
- Closes
- 2 Jul 2025
- Allotment
- 3 Jul 2025
- Listing
- 7 Jul 2025
Offer at a glance
Issue overview
- Issue size
- 43,50,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,30,000
- Fresh issue
- ₹60.9 cr
- Offer for sale
- ₹0 cr
- Registrar
- Skyline Financial Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,40,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 95,28,600
- Shares after issue
- 1,38,78,600
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,000 | ₹1,40,000 |
| HNI | 2 | 2,000 | ₹2,80,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | — | 14 |
| NIB | — | 1,653 |
| RETAIL | — | 14,592 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 8.74 | 276.79 |
| RETAIL | 21 | 204.29 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Sep-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 6.77 | 14.73 | 6.12 |
| ROE | 12.11 | 56.06 | 38.6 |
| ROCE | 12.74 | 26.9 | 15.91 |
| RONW | 12.11 | 56.06 | 38.6 |
| PRE IPO(PE) | 0 | 12.07 | 0 |
| POST IPO(PE) | 19.11 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Cedaar Textile Limited, established in September 2020, is engaged in the manufacturing of a wide variety of yarns. Its product range includes melange yarns, solid top-dyed yarns, and grey fancy yarns made from materials such as cotton, polyester, acrylic, viscose, Tencel, and Modal. These yarns are used in applications like household textiles, woven fabrics, and hosiery. The company is committed to sustainability and offers yarns made from 100% organic and recycled fibers, supporting efforts toward environmental conservation. Cedaar Textile serves both domestic and international clients, supplying quality yarns to well-known fashion brands. The production process starts with sourcing raw materials, which are then blended to produce yarns that meet specific design and texture needs. With over 477 employees, the company ensures efficient manufacturing operations and is known for its client-focused approach, offering customized yarn solutions. Cedaar Textile has built strong relationships with global textile mills, garment manufacturers, and fashion houses. It is certified under international standards such as ISO 9001:2015 for quality management, GOTS for organic fibers, OEKO-TEX Standard 100 for eco-friendly textiles, and GRS for sustainable yarn production
Strengths
- Skilled Leadership & Team Strength: Driven by experienced management and supported by a workforce of 477+ employees
- Robust Financial Foundation: Maintains steady growth through a flexible and scalable business model
- Client-Centric Product Offerings: Delivers customized yarn solutions to match diverse customer demands
Risk factors
- High Client Dependency – Major revenue depends on top 10 clients; losing any may hurt profits.
- Order-Based Operations Risk – Heavy reliance on purchase orders risks unstable revenue flow.
- Location-Based Operational Risk – All operations rely on one Punjab plant; any disruption impacts continuity.
Promoters
Rajesh Mittal
Virender Goyal
Bachangada Monnappa Saraswathi
Monnappa Nachappa Bachangada
Registrar & documents
Lead manager
Fast Track Finsec Private Limited
Registrar & contacts
Skyline Financial Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
KSSIDC Plot No B-34 Industrial Estate, Yelahanka New Town, Bangalore Urban, Karnataka, 560064
+91 9815610607
[email protected]Company website ↗Understanding CEDAAR IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.