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Cedaar Textile IPO IPO

SME30 Jun to 2 Jul, 202530 Jun to 2 Jul, 2025
Open
30 Jun to 2 Jul, 2025
Close
30 Jun to 2 Jul, 2025
3
Allotment
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

07-07-202510Est. ₹150+7.14%
06-07-202510Est. ₹150+7.14%
05-07-202510Est. ₹150+7.14%

Live Subscription

CategorySubscription (times)
Total10.06x

Restated Financials (₹ Cr.)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets222.77198.23175.84154.45
Total Income113.91191.01161.88220.44
Profit After Tax7.0611.054.597.99
EBITDA28.8115.6315.26
NET Worth60.7025.2414.199.60
Reserves and Surplus51.1717.7413.949.35
Total Borrowing120.63146.15137.01121.01
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Silky Overseas Ltd.SME₹30.68 Cr₹16112.98₹162.45+0.90%₹97.00 (+6.01%)
NAPS Global India Ltd.SME₹11.88 Cr₹9019.27₹102.60+14.00%₹34.60 (-7.36%)
Ken Enterprises Ltd.SME₹83.65 Cr₹9419.34₹80.75-14.10%₹33.70 (-1.03%)
Avax Apparels & Ornaments Ltd.SME₹1.92 Cr₹703.88₹139.65+99.50%₹49.00 (-3.92%)
Neelam Linens & Garments (India) Ltd.SME₹13.00 Cr₹2414.44₹38.05+58.54%₹9.70 (+0.00%)
Paramount Dye Tec Ltd.SME₹28.43 Cr₹11714.91₹107.05-8.50%₹36.20 (-0.14%)
Divyadhan Recycling Industries Ltd.SME₹24.17 Cr₹6428.34₹88.20+37.81%₹53.75 (+0.00%)
Avi Ansh Textile Ltd.SME₹25.99 Cr₹6218.31₹71.15+14.76%₹102.00 (-0.10%)
Gajanand International Ltd.SME₹20.65 Cr₹3621.08₹39.90+10.83%₹8.65 (+6.79%)
Borana Weaves Ltd.Mainboard₹144.89 Cr₹21618.26₹255.15+18.13%₹325.50 (+7.33%)
Sanathan Textiles Ltd.Mainboard₹550.00 Cr₹32117.25₹388.35+20.98%₹449.30 (-0.33%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Installation of Grid-tied Solar PV Rooftop System for Captive evacuation8.00
2Modernization of the Machines17.00
3To meet working capital requirements24.90
4General Corporate Purpose; and4.91
5Issue Expenses6.09

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