Cedaar Textile Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,304,000 (30%) | — | ₹1,826 Cr |
| NII (HNI) | — | 1,328,000 (31%) | — | ₹1,859 Cr |
| Retail | — | 1,500,000 (34%) | — | ₹2,100 Cr |
| Market Maker | — | 218,000 (5%) | — | ₹31 Cr |
| Σ Total | — | 4,350,000 (100%) | — | ₹60,900 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹140,000 |
| Retail (Max) | 13 | 13,000 | ₹1,820,000 |
| S-HNI (Min) | 14 | 14,000 | ₹1,960,000 |
| B-HNI (Min) | 67 | 67,000 | ₹9,380,000 |
Financial Statements Amount In Crore
| Metric | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 114 | 191 | 162 |
| EBITDA | — | 29 | 16 |
| Profit After Tax | 7 | 11 | 5 |
| Net Worth | 61 | 25 | 14 |
| Total Assets | 223 | 198 | 176 |
| Reserves & Surplus | 51 | 18 | 14 |
| Total Borrowing | 121 | 146 | 137 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 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
Company Overview
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.