| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹60.90 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹60.90 Cr |
| Fresh Issue | ₹57.85 Cr |
| Face Value | βΉ10 Per Equity Share |
| Price Band | βΉ130.00-140.00 per share |
| NSE Code | CEDAAR |
| Registrar | Skyline Financial Services Pvt.Ltd. |
| Lead Managers | Novus Capital Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,000 shares and in multiples thereof
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:
As of June, 01, 2025, the company had 583 employees all of which are on payroll.
Competitive Strength:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (βΉ 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 |
| 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 | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 56.06% |
| ROCE | 26.90% |
| Debt / Equity | 5.79% |
| RoNW | 56.06% |
| PAT Margin | 5.83% |
| EBITDA Margin | 15.19% |
| Price to Book Value | 4.16 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (βΉ) | 11.60 | 7.33 |
| P/E (x) | 12.07 | 19.11 |
| Promoter Holding | 100% | 68.66% |
| Market Cap | βΉ194.30 Cr. | |