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Cedaar Textile IPO
10.13xsubscribed

Cedaar Textile IPO

Textile - Spinning
listed
₹1.30LMin. investment

Cedaar Textile Limited IPO Details

SectorTextile - Spinning
Price range₹130 – ₹140
IPO type
SME
Lot size1000 shares
Issue size₹60Cr
Draft Red Herring Prospectus
Read
Market cap
₹194.3CrLower than sector avg
RevenueApr 8 - Mar 9
₹189.68CrLower than sector avg
Growth rate3Y CAGR
-6.59%

Cedaar Textile IPO Subscription Status

Date
QIB
NII
Retail
Total
30-Jun-25
0.0 times (X)
0.0 times (X)
0.06 times (X)
0.03 times (X)
01-Jul-25
0.0X
0.0X
0.45X
0.2X
02-Jul-25
37.88X
0.0X
9.43X
10.13X

As on 30-Jun-25, 5:30 PM

Cedaar Textile IPO Timeline

  1. Pre-apply
    29 Jun 2025
  2. Bid start
    30 Jun 2025
  3. Bid end
    2 Jul 2025
  4. Allotment
    3 Jul 2025
  5. Release of funds
    4 Jul 2025
  6. Demat transfer
    4 Jul 2025
  7. Listing
    7 Jul 2025

About Cedaar Textile Limited

Cedaar Textile, incorporated in 2020, emphasises sustainability as its prime focus, offering 100% organic and recycled fibres (polyester & cotton). The business operates through six separate yarn verticals: melange yarn & dyed yarns, speciality yarn, yarn range for sweaters, raw white yarns, yarn dyed in cone dyeing, and sustainable products. The company serves 3 main customer categories: domestic customers (22% of revenue), dealers, including domestic and overseas (43%), and export customers (35%). The company sources all raw materials domestically from India, with cotton being the largest component, followed by polyester, viscose, acrylic, and other fibres.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
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Objectives of Cedaar Textile Limited IPO

Capital Expenditure
41.05%
The company will use ₹25 crore to modernise its machines and solar PV rooftop system.
Working capital
40.89%
The company will use ₹24.90 crore to meet working capital requirements.
General corporate purposes
Not assigned
Part of the IPO proceeds will be used for general corporate purposes and strategic initiatives.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹189.68Cr-6.59%₹11.05Cr₹194.3Cr9.501.99
This sector (avg.)₹286.71Cr0%₹7.27Cr₹403.94Cr24.561.24
₹6,987.08Cr---₹370.73Cr₹13,253.08Cr30.090.35
₹0---₹160.45Cr₹3,792.7Cr26.400.60
₹4,252.15Cr---₹133.86Cr₹2,040.89Cr11.570.11

*Revenue for financial year 8-9. Lower P/E and D/E ratios are generally preferred.

Cedaar Textile IPO Contact Details

Company NameCedaar Textile Limited

How to apply for Cedaar Textile IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Cedaar Textile Limited IPO FAQs