Cedaar Textile IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Jun 30 to Jul 02 2025
Price Band
₹140
Current GMP
₹125(8.70%)
Subscription
12.26 times
IPO Details
| IPO Date | June 30, 2025 to July 2, 2025 |
| Listing Date | July 7, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹140 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 43,50,000 shares (aggregating up to ₹60.90 Cr) |
| Reserved for Market Maker | 2,18,000 shares (aggregating up to ₹3.05 Cr)NNM Securities Private Limited |
| Net Offered to Public | 41,32,000 shares (aggregating up to ₹57.85 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 95,28,600 shares |
| Share Holding Post Issue | 1,38,78,600 shares |
IPO Date
June 30, 2025 to July 2, 2025
Listing Date
July 7, 2025
Face Value
₹10 per share
Issue Price
₹140 per share
Lot Size
1,000 Shares
Sale Type
Fresh Capital
Total Issue Size
43,50,000 shares (aggregating up to ₹60.90 Cr)
Reserved for Market Maker
2,18,000 shares (aggregating up to ₹3.05 Cr)NNM Securities Private Limited
Net Offered to Public
41,32,000 shares (aggregating up to ₹57.85 Cr)
Issue Type
Bookbuilding IPO
Listing At
NSE SME
Share Holding Pre Issue
95,28,600 shares
Share Holding Post Issue
1,38,78,600 shares
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 37.88 |
| Non-Institutional Buyers*** | 5.04 |
| Retail Investors | 9.73 |
| Total ** | 12.26 |
Anchor Investors
1
Market Maker
1
Qualified Institutions
37.88
Non-Institutional Buyers***
5.04
Retail Investors
9.73
Total **
12.26
Day Wise Sub
| Day | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Day 1 Jun 30, 2025 | 0.00 | 0.22 | 0.06 | 0.11 |
| Day 2 Jul 1, 2025 | 0.00 | 0.14 | 0.45 | 0.26 |
| Day 3 Jul 2, 2025 | 37.88 | 5.04 | 9.73 | 12.26 |
DayDay 1
Jun 30, 2025
QIB0.00
NII*0.22
Retail0.06
Total0.11
DayDay 2
Jul 1, 2025
QIB0.00
NII*0.14
Retail0.45
Total0.26
DayDay 3
Jul 2, 2025
QIB37.88
NII*5.04
Retail9.73
Total12.26
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 07-07-2025 | 140.00 | 10(7.14%) | 150 |
| 06-07-2025 | 140.00 | 10(7.14%) | 150 |
| 05-07-2025 | 140.00 | 10(7.14%) | 150 |
| 04-07-2025 | 140.00 | 10(7.14%) | 150 |
| 03-07-2025 | 140.00 | 10(7.14%) | 150 |
| 02-07-2025 | 140.00 | 10(7.14%) | 150 |
| 01-07-2025 | 140.00 | 25(17.86%) | 165 |
| 30-06-2025 | 140.00 | 17(12.14%) | 157 |
| 29-06-2025 | 140.00 | 10(7.14%) | 150 |
| 28-06-2025 | 140.00 | 10(7.14%) | 150 |
| 27-06-2025 | 140.00 | 10(7.14%) | 150 |
| 26-06-2025 | 140.00 | 10(7.14%) | 150 |
| 25-06-2025 | 140.00 | 0(0.00%) | 140 |
| 24-06-2025 | 140.00 | 0(0.00%) | 140 |
Date07-07-2025
Price140.00
GMP10(7.14%)
Estimate List Price150
Date06-07-2025
Price140.00
GMP10(7.14%)
Estimate List Price150
Date05-07-2025
Price140.00
GMP10(7.14%)
Estimate List Price150
Date04-07-2025
Price140.00
GMP10(7.14%)
Estimate List Price150
Date03-07-2025
Price140.00
GMP10(7.14%)
Estimate List Price150
Date02-07-2025
Price140.00
GMP10(7.14%)
Estimate List Price150
Date01-07-2025
Price140.00
GMP25(17.86%)
Estimate List Price165
Date30-06-2025
Price140.00
GMP17(12.14%)
Estimate List Price157
Date29-06-2025
Price140.00
GMP10(7.14%)
Estimate List Price150
Date28-06-2025
Price140.00
GMP10(7.14%)
Estimate List Price150
Date27-06-2025
Price140.00
GMP10(7.14%)
Estimate List Price150
Date26-06-2025
Price140.00
GMP10(7.14%)
Estimate List Price150
Date25-06-2025
Price140.00
GMP0(0.00%)
Estimate List Price140
Date24-06-2025
Price140.00
GMP0(0.00%)
Estimate List Price140
IPO Important Dates
| IPO Open Date | Mon, Jun 30, 2025 |
| IPO Close Date | Wed, Jul 2, 2025 |
| Tentative Allotment | Thu, Jul 3, 2025 |
| Initiation of Refunds | Fri, Jul 4, 2025 |
| Credit of Shares to Demat | Fri, Jul 4, 2025 |
| Tentative Listing Date | Mon, Jul 7, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 2, 2025 |
IPO Open Date
Mon, Jun 30, 2025
IPO Close Date
Wed, Jul 2, 2025
Tentative Allotment
Thu, Jul 3, 2025
Initiation of Refunds
Fri, Jul 4, 2025
Credit of Shares to Demat
Fri, Jul 4, 2025
Tentative Listing Date
Mon, Jul 7, 2025
Cut-off time for UPI mandate confirmation
5 PM on July 2, 2025
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹1,40,000 |
| Retail (Max) | 1 | 1,000 | ₹1,40,000 |
ApplicationRetail (Min)
Lots1
Shares1,000
Amount₹1,40,000
ApplicationRetail (Max)
Lots1
Shares1,000
Amount₹1,40,000
Financial Information
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 222.77 | 198.23 | 175.84 |
| Revenue | 113.91 | 191.01 | 161.88 |
| Profit After Tax | 7.06 | 11.05 | 4.59 |
| EBITDA | 28.81 | 15.63 | |
| Net Worth | 60.70 | 25.24 | 14.19 |
| Reserves and Surplus | 51.17 | 17.74 | 13.94 |
| Total Borrowing | 120.63 | 146.15 | 137.01 |
Period EndedPeriod Ended
31 Dec 202431 Dec 2024
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
31 Dec 2024222.77
31 Mar 2024198.23
31 Mar 2023175.84
Period EndedRevenue
31 Dec 2024113.91
31 Mar 2024191.01
31 Mar 2023161.88
Period EndedProfit After Tax
31 Dec 20247.06
31 Mar 202411.05
31 Mar 20234.59
Period EndedEBITDA
31 Dec 2024
31 Mar 202428.81
31 Mar 202315.63
Period EndedNet Worth
31 Dec 202460.70
31 Mar 202425.24
31 Mar 202314.19
Period EndedReserves and Surplus
31 Dec 202451.17
31 Mar 202417.74
31 Mar 202313.94
Period EndedTotal Borrowing
31 Dec 2024120.63
31 Mar 2024146.15
31 Mar 2023137.01
IPO Reservation
| Market Maker Shares Offered | 2,18,000 (4.88%) |
| QIB Shares Offered | 12,02,000 (26.91%) |
| − Anchor Investor Shares Offered | 6,80,000 (15.23%) |
| − QIB (Ex. Anchor) Shares Offered | 5,22,000 (11.69%) |
| NII (HNI) Shares Offered | 13,28,000 (29.74%) |
| Retail Shares Offered | 15,00,000 (33.59%) |
| Total Shares Offered | 44,66,000 (100.00%) |
Market Maker Shares Offered
2,18,000 (4.88%)
QIB Shares Offered
12,02,000 (26.91%)
− Anchor Investor Shares Offered
6,80,000 (15.23%)
− QIB (Ex. Anchor) Shares Offered
5,22,000 (11.69%)
NII (HNI) Shares Offered
13,28,000 (29.74%)
Retail Shares Offered
15,00,000 (33.59%)
Total Shares Offered
44,66,000 (100.00%)
Information about company
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.
Objectives of IPO
The Company Cedaar Textile IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No.
Objects of the Issue
Expected Amount (₹ in crores)
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
5
Issue Expenses
Disclaimer
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