Cedaar Textile IPO - AstroIPO

Cedaar Textile IPO


July 18, 2025 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

Cedaar Textile Limited is preparing to make its public market entrance in the established textiles sector. The Cedaar Textile IPO, opening from June 30th to July 2nd, 2025, represents a substantial public offering of ₹60.90 crores, encompassing 43,50,000 shares priced within the range of ₹130 – ₹140 per share.

Investors can participate with a minimum application of 1,000 shares, requiring an investment of ₹1,40,000 at the cut-off price. The shares featured in the Cedaar Textile IPO, with a face value of ₹10 each, will be listed on the NSE exchange.

Cedaar Textile IPO Details

The key details of Cedaar Textile’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.

IPO Size ₹60.90 Cr
Price Range ₹130 - ₹140
Retail Quota 35%
QIB Quota 50%
NII Quota 15%
Employee Discount --
Listing at NSE
Minimum Quantity 1000
Investment (cut-off price) ₹1,40,000
Pre IPO Promotor Holding 100%
Post IPO Promotor Holding 68.66%
DHRP Draft Click Here
RHP Draft Click Here
Anchor Investors List Click Here

Cedaar Textile IPO Timelines

The IPO process for Cedaar Textile includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.

30/06/2025
Start Date
02/07/2025
End Date
03/07/2025
Allotment Date View Status
04/07/2025
Refund Initiation
04/07/2025
Credit of Shares to Demat Ac
07/07/2025
Listing Date

Cedaar Textile IPO Lot Size

The Cedaar Textile IPO has a fixed lot size of 1,000 shares, at an upper price band of ₹140 per share, requiring ₹140,000 per lot for retail investors. For HNI investors, the minimum application is 2,000 shares (2 lots) amounting to ₹280,000.

Application Lot Size Shares Amount
Retail Minimum 1 1000 ₹1,40,000
Retail Maximum 1 1000 ₹1,40,000
HNI Minimum 2 2000 ₹2,80,000

Cedaar Textile IPO Subscription Status

The subscription status for Cedaar Textile IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.

QIB NII Retail EMP Total
37.19x 4.07x 8.00x -- 10.99x

IPO Performance on Listing Day

On the listing day (July 7, 2025), Cedaar Textile made a weak debut on the stock exchange. The stock opened at ₹119, registering a steep discount of 15% against its issue price of ₹140. Throughout the trading session, the stock remained under selling pressure, touching a high of ₹119 and slipping to a low of ₹113.05. The shares concluded their first trading day at ₹113.05, closing with a significant loss of 19.3% from the issue price, reflecting muted investor sentiment towards this textile company.

Opening Price Closing Price Day High Day Low
₹119.00 ₹113.05 ₹119.00 ₹113.05

Cedaar Textile IPO Company Financials

Cedaar Textile reports robust performance in FY2024 with Total Income of ₹191.01 crores, managing expenses at ₹160.87 crores, and achieving a strong PAT (Profit After Tax) of ₹11.05 crores, demonstrating significant growth potential ahead of its public offering.

Year Total Income Total Expense PAT
FY 2022 ₹220.44 ₹202.14 ₹7.99
FY 2023 ₹161.88 ₹144.62 ₹4.59
FY 2024 ₹191.01 ₹160.87 ₹11.05
FY 2025 (6 M) ₹79.73 ₹64.80 ₹5.08

About Company

Incorporated in September 2020, Cedaar Textile Limited is a specialized manufacturer of diverse yarns, particularly known for producing high-quality melange yarns used in household textiles, woven goods, and hosiery. The company’s product range includes melange yarns, solid top-dyed yarns, and grey fancy yarns, each designed to meet the specific needs of premium apparel and textile manufacturing. These yarns are created by blending various fibres such as cotton, polyester, viscose, and acrylic, enabling Cedaar Textile to deliver unique textures, vibrant colors, and design-rich fabrics.

Cedaar Textile caters to a wide clientele, including top-tier domestic and international customers, many of whom supply garments to globally recognized fashion brands. The company’s vertically integrated production process, starting from raw material procurement to final yarn creation, ensures consistent quality and innovation. As of June 1, 2025, the company employed 583 individuals, all on payroll, reflecting its growing operational scale and commitment to workforce stability.

Incorporation Date Sector Managing Director
2020 Textile Rajesh Mittal

Know Before Investing

When evaluating Cedaar Textile's IPO potential, understanding both its market advantages and inherent risks becomes crucial for your investment. Below are the key insights you should consider.

Cedaar Textile IPO Strengths

  • Cedaar Textile offers a wide variety of yarns, including melange, solid top-dyed, and grey fancy yarns in cotton, polyester, acrylic, viscose, Tencel, Modal, and more, catering to diverse textile needs.
  • The company emphasizes eco-friendly production, offering 100% organic and recycled fibers (polyester and cotton), supporting green initiatives and natural resource conservation.
  • Cedaar Textile is part of the Cotton World Group, benefiting from backward integration and established manufacturing facilities, including a woven garment factory in Bangalore supplying to international brands.
  • Cedaar Textile invests in research and development, technology upgrades, digitalization, and continuous improvement to stay ahead in the market.
  • The company maintains stringent quality control across sourcing, production, and delivery, ensuring high standards and customer satisfaction.
  • Cedaar Textile focuses on customer needs and relationships, targeting top-line clients in India and overseas who supply to leading fashion brands.
  • Cedaar Textile aims to establish itself as a leading value-added yarn supplier in domestic and international markets, with a vision to be a global leader in fashion textiles.

Cedaar Textile IPO Risks

  • Cedaar Textile is exposed to fluctuations in the prices and availability of cotton, polyester, and other fibers, which can impact production costs and profitability.
  • The textile sector is highly competitive, with both domestic and international players, potentially pressuring margins and market share.
  • The company’s revenue depends on order flows and market demand, leading to uneven cash flows and financial performance.
  • The company must comply with evolving environmental, labor, and trade regulations, with non-compliance risking penalties or operational disruptions.
  • Delays in production, supply chain disruptions, or quality issues could negatively impact profitability and client relationships.
  • Rapid changes in textile technology and consumer preferences require continuous investment in innovation to remain competitive.

Swot Analysis for Cedaar Textile IPO

Understanding Cedaar Textile's SWOT analysis is your first step towards making a confident investment decision. Let's evaluate its core strengths and potential challenges ahead.

Strengths

Diverse and Sustainable Product Range, Backward Integration and Group Synergies, Commitment to Innovation and R&D

Weaknesses

Relatively New Entrant, Dependence on Group Synergies, High Capital Expenditure Requirements

Opportunities

Growing Demand for Sustainable Textiles, Export Market Expansion, Product Diversification

Threats

Intense Competition, Raw Material Volatility, Regulatory and Compliance Risks

Company Details

Cedaar Textile Limited

KSSIDC Plot No B-34, Industrial Estate, Yelahanka New Town, Bangalore, Bengaluru, Karnataka, India, 560064

Phone: +91 9815610607

Email: Info@cedaartextile.com

Website: https://cedaartextile.com/

IPO Registar Details

Skyline Financial Services Private Ltd

Phone: 02228511022

Email: ipo@skylinerta.com

Website: https://www.skylinerta.com/ipo.php

FAQs

The key objectives of Cedaar Textile IPO are:

  • Installation of Grid-tied Solar PV Rooftop System for Captive evacuation
  • Modernization of the Machines
  • To meet working capital requirements
  • General Corporate Purpose; and
  • Issue Expenses

Fast Track Finsec Pvt Ltd is the book-running lead managers for the Cedaar Textile IPO.

Cedaar Textile IPO signals strong growth potential, driven by rapid revenue and profit expansion alongside robust financial metrics. With an ROE of 56.06% and EBITDA margin of 15.19% in FY2024, the company showcases efficient capital use and solid profitability. Its diverse product range and stable workforce of 739 employees further support long-term scalability and resilience in the competitive textile industry.

The issue price for the Cedaar Textile IPO is set between ₹130 to ₹140 per share.

To invest in one lot of Cedaar Textile IPO, you need ₹1,30,000 at the lower price band (₹130 per share) or ₹1,40,000 at the upper price band (₹140 per share) for a lot size of 1000 shares.

Cedaar Textile IPO shares are scheduled to be listed on the National Stock Exchange (NSE) on July 7, 2025.

Refund/unblocking of funds for Cedaar Textile IPO will begin on July 4, 2025. ASBA/UPI blocks will be removed within 1 working day.

You can sell shares your Cedaar Textile IPO shares on listing day (July 7, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.

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