Cedaar Textile IPO: Check Issue Date, Price, Allotment & Complete Review

The Cedaar Textile IPO will open for subscription on June 30, 2025, and close on July 2, 2025. It is a Book Built Issue, through which the company aims to raise approximately ₹60.90 crores. The IPO consists entirely of a fresh issue of equity shares with a face value of ₹10 each.

The price band for the IPO is set at ₹130 to ₹140 per share. The investor allocation is as follows:

• Qualified Institutional Buyers (QIB): 50%
• Retail Investors: 35%
• High Net-Worth Individuals (HNI): 15%

The basis of allotment will be finalized on July 3, 2025, and the IPO is scheduled to be listed on the NSE on July 7, 2025.

Cedaar Textile has demonstrated strong growth in both revenue and profitability:

• Revenue: ₹191.01 crores in FY 2024, up from ₹161.88 crores in FY 2023
• Net Profit: ₹11.05 crores in FY 2024, up from ₹4.59 crores in FY 2023

Based on the company’s improving financial performance, the Cedaar Textile IPO appears suitable for long-term investors seeking growth opportunities in the textile sector.

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: Approximately ₹60.90 crores
• Fresh Issue: Approximately ₹60.90 crores
• Issue Type: Book Built Issue
• Listing Exchange: NSE SME
• Retail Investor Quota: Not more than 35%
• QIB Quota: Not more than 50%
• NII (HNI) Quota: Not more than 15%
• DRHP (Draft Red Herring Prospectus): Click Here
• RHP (Red Herring Prospectus): Click Here

Cedaar Textile IPO Market Lot

The minimum market lot for the Cedaar Textile IPO is 1,000 shares, requiring an investment of ₹1,40,000.

Application Type	Lot Size	Shares	Amount
Retail Minimum	1	1,000	₹1,40,000
Retail Maximum	1	1,000	₹1,40,000
S-HNI Minimum	2	2,000	₹2,80,000

Cedaar Textile IPO Important Dates

• IPO Open Date: June 30, 2025
• IPO Close Date: July 2, 2025
• Basis of Allotment: July 3, 2025
• Refunds Initiated: July 3, 2025
• Credit to Demat Account: July 3, 2025
• Listing Date (NSE SME): July 7, 2025

Promoters of Cedaar Textile

The promoters of the company include:

• Rajesh Mittal
• Virender Goyal
• Bachangada Monnappa Saraswathi
• Monnappa Nachappa Bachangada

Cedaar Textile Financial Performance

Period Ended	Revenue (₹ Cr)	Expense (₹ Cr)	PAT (₹ Cr)	Assets (₹ Cr)
FY 2022	220.44	202.14	7.99	154.45
FY 2023	161.88	144.62	4.59	175.84
FY 2024	191.01	160.87	11.05	198.23
Sept 2024	79.73	64.80	5.08	211.96

Cedaar Textile IPO Valuation – FY2024

KPI	Value
ROE	56.06%
ROCE	26.90%
EBITDA Margin	15.19%
PAT Margin	5.83%
Debt-to-Equity Ratio	5.79
Earnings Per Share	₹14.73
Price/Earnings Ratio	N/A
Return on Net Worth	56.06%
Net Asset Value (NAV)	₹33.65

Peer Group Comparison

Company	EPS	PE Ratio	RoNW %	NAV	Income
Shiva Texyarn Ltd	1.94	(26.34)	2.02%	₹94.78	–
Vardhman Textiles Ltd	7.59	24.22	2.45%	₹304.49	–

Objects of the Issue

• Installation of grid-tied solar PV rooftop system
• Modernization of textile machinery
• Working capital requirements
• General corporate purposes
• Issue-related expenses

Registrar & Lead Manager

• Registrar: Skyline Financial Services Pvt Ltd
  • Phone: 022-28511022
  • Email: ipo@skylinerta.com
  • Website: https://www.skylinerta.com/ipo.php

IPO Lead Manager (Merchant Banker)

• The lead manager for the Cedaar Textile IPO is Fast Track Finsec Pvt Ltd.

How to Apply for Cedaar Textile IPO?

You can apply for the Cedaar Textile IPO through the following methods:

• Online via ASBA (Application Supported by Blocked Amount): Log in to your internet banking account and apply through the ASBA facility provided by your bank.
• UPI through Stock Brokers: Use your UPI ID to apply via platforms like Zerodha, Groww, or other SEBI-registered brokers.
• Offline Application: You can also apply by submitting a physical IPO application form through your stock broker.