Cedaar Textile Limited - IPO
SMECedaar Textile IPO Details
Cedaar Textile IPO Subscription
Cedaar Textile IPO Application Wise Breakup
Cedaar Textile IPO Dates
- 30 Jun 2025Opening dateOPD
- 02 Jul 2025Closing dateCOD
- 03 Jul 2025Basis of AllotmentBOA
- 04 Jul 2025Initiation of RefundsIOR
- 04 Jul 2025Credit of SharesCOS
- 07 Jul 2025Listing dateLID
Cedaar Textile IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retain Minimum | 1 | 1000 | ₹140,000 |
| Retain Maximum | 1 | 1000 | ₹140,000 |
| HNI Minimum | 2 | 2000 | ₹280,000 |
Cedaar Textile IPO Reservation
Promoter Holding
Cedaar Textile IPO Valuations
Cedaar Textile Limited Financial Information
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 211.96 | 198.23 | 175.84 | 154.45 |
| Revenue | 79.73 | 191.01 | 161.88 | 220.44 |
| Profit After Tax | 5.08 | 11.05 | 4.59 | 7.99 |
| Net Worth | 58.72 | 25.24 | 14.19 | 9.6 |
| Reserves and Surplus | 49.19 | 17.74 | 13.94 | 9.35 |
| Total Borrowing | 120.82 | 146.15 | 137.01 | 121.01 |
| Amount in ₹ Crore | ||||
About Cedaar Textile IPO
Incorporated in September 2020, Cedaar Textile Limited specializes in manufacturing diverse yarns.
Their product line includes melange yarns, solid top-dyed yarns, and grey fancy yarns made from cotton, polyester, acrylic, viscose, Tencel, and Modal materials.
The company manufactures quality melange yarn for household textiles, woven goods, and hosiery.
The company emphasizes sustainability by offering products made from 100% organic and recycled fibers, aiming to promote environmental conservation.
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.
Cedaar Textile Limited employs over 477 employees, ensuring smooth operations across its manufacturing units.
The company is known for its customer-centric approach, providing customized yarn solutions for clients. It maintains strong relationships with top fashion houses, garment manufacturers, and textile mills globally.
The company has certifications for compliance with international quality and sustainability standards: ISO 9001:2015 for quality management systems, GOTS for organic fibers, OEKO-TEX Standard 100 for eco-friendly textiles, and GRS for sustainable yarn production.
Strength Of Cedaar Textile IPO
1. Experienced and Qualified Management and Employee base.
2. Strong and Consistent Financial Performance.
3. Growing customer base.
4. Scalable and reliable business model.
5. Experienced Promoters and Senior Management with extensive domain knowledge.
Risk Of Cedaar Textile IPO
1. Our top ten customers contribute significant portion in the revenue of the Company. Any loss of business from one or more of them may adversely affect our revenues and profitability.
2. Our Company has not entered into any long-term contracts with any of its customers and we typically operate on the basis of purchase orders. Inability to maintain regular order flow would adversely impact our revenues and profitability.
3. Our business depends on our production facility situated in city of Punjab. Any loss of or shutdown of operations of the production facility on any grounds could adversely affect our business or results of operations.
4. Any change in our consumer's likes, preferences or a change in their perception regarding the quality of our products may negatively affect the image and our reputation and in turn affect our revenues and profitability.
5. We may not be able to prevent unauthorized use of our logo as the company has not obtained/ applied for the trademark license. Consequently, our trademarks may be obtained or used by third party(ies), which may lead to the dilution of our goodwill.
6. Our inability to manage inventory in an effective manner could affect our business.
7. We do not have any long-term agreement or contract of supply of raw materials and consequently are exposed to price and supply fluctuations for our raw materials.
8. The future operating results are difficult to predict and may fluctuate or adversely vary from the past performance.
9. The loss, shutdown or slowdown of operations of our facility or the under-utilization of any such facility may have a material effect on our results of operations and financial condition.
10. Exporting to Bangladesh involves risks due to political instability, security concerns, and internal tensions. Issues like border disputes, strikes, and protests can disrupt trade, increase costs, and reduce consumer demand. Additionally, political instability can affect financial institutions, leading to payment delays and higher risks for exporters.
Objectives Cedaar Textile IPO
1. Installation of Grid-tied Solar PV Rooftop System for Captive evacuation
2. Modernization of the Machines
3. To meet working capital requirements
4. General Corporate Purpose; and
5. Issue Expenses
Company Contact Details
Cedaar Textile Limited
KSSIDC Plot No B-34
Industrial Estate,
Yelahanka New Town,
Bangalore Urban, Karnataka, 560064
Phone: +91 9815610607
Email: Info@cedaartextile.com
Website: https://cedaartextile.com/
Registrar Contact Details
Lead Mangers
Fast Track Finsec Pvt Ltd
Market Maker
Nnm Securities