
✓
Open
30 Jun to 2 Jul, 2025
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Close
30 Jun to 2 Jul, 2025
3
Allotment
—
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Listing
Mon, Jul 7, 2025
Price Band
₹130 to ₹140
Issue Size
43,50,000 shares (agg. up to ₹61 Cr)
Lot Size
1,000 Shares
Listing Date
Mon, Jul 7, 2025
Latest GMP
₹10
Est. Gain
7.14%
✦ AI Insight
GMP Trend
07-07-2025₹10Est. ₹150+7.14%
06-07-2025₹10Est. ₹150+7.14%
05-07-2025₹10Est. ₹150+7.14%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 10.06x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 222.77 | 198.23 | 175.84 | 154.45 |
| Total Income | 113.91 | 191.01 | 161.88 | 220.44 |
| Profit After Tax | 7.06 | 11.05 | 4.59 | 7.99 |
| EBITDA | 28.81 | 15.63 | 15.26 | |
| NET Worth | 60.70 | 25.24 | 14.19 | 9.60 |
| Reserves and Surplus | 51.17 | 17.74 | 13.94 | 9.35 |
| Total Borrowing | 120.63 | 146.15 | 137.01 | 121.01 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Silky Overseas Ltd. | SME | ₹30.68 Cr | ₹161 | 12.98 | ₹162.45 | +0.90% | ₹97.00 (+6.01%) |
| NAPS Global India Ltd. | SME | ₹11.88 Cr | ₹90 | 19.27 | ₹102.60 | +14.00% | ₹34.60 (-7.36%) |
| Ken Enterprises Ltd. | SME | ₹83.65 Cr | ₹94 | 19.34 | ₹80.75 | -14.10% | ₹33.70 (-1.03%) |
| Avax Apparels & Ornaments Ltd. | SME | ₹1.92 Cr | ₹70 | 3.88 | ₹139.65 | +99.50% | ₹49.00 (-3.92%) |
| Neelam Linens & Garments (India) Ltd. | SME | ₹13.00 Cr | ₹24 | 14.44 | ₹38.05 | +58.54% | ₹9.70 (+0.00%) |
| Paramount Dye Tec Ltd. | SME | ₹28.43 Cr | ₹117 | 14.91 | ₹107.05 | -8.50% | ₹36.20 (-0.14%) |
| Divyadhan Recycling Industries Ltd. | SME | ₹24.17 Cr | ₹64 | 28.34 | ₹88.20 | +37.81% | ₹53.75 (+0.00%) |
| Avi Ansh Textile Ltd. | SME | ₹25.99 Cr | ₹62 | 18.31 | ₹71.15 | +14.76% | ₹102.00 (-0.10%) |
| Gajanand International Ltd. | SME | ₹20.65 Cr | ₹36 | 21.08 | ₹39.90 | +10.83% | ₹8.65 (+6.79%) |
| Borana Weaves Ltd. | Mainboard | ₹144.89 Cr | ₹216 | 18.26 | ₹255.15 | +18.13% | ₹325.50 (+7.33%) |
| Sanathan Textiles Ltd. | Mainboard | ₹550.00 Cr | ₹321 | 17.25 | ₹388.35 | +20.98% | ₹449.30 (-0.33%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 |
About Cedaar Textile IPO
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. + Read More
Contact Details
Cedaar Textile Ltd. AddressKSSIDC Plot No B-34Industrial EstateYelahanka New TownBengaluru, Karnataka, 560064+91 9815610607Info@cedaartextile.comVisit Website