Cedaar Textile Limited IPO

IPO Details		RHP:
Bidding Date 30 June’2025	IPO Price Range ₹130 to ₹140 per share	IPO Size ₹60.90 Cr
Listing Exchange NSE SME	Listing Date 7 July’2025	Lot Size 1000 Shares

Minimum Investment
₹ 1,30,000 / 1000 shares

IPO Timeline

Open Date 30 June’2025

Close Date 2 July’2025

Allotment Finalisation3 July’2025

Demat Transfer 4 July’2025

Refund Initiation4 July’2025

Listing7 July’2025

About Cedaar Textile Limited IPO

Cedaar Textile Limited, which began in Bengaluru, Karnataka, in 2020, is a textile company that manufactures premium yarn. Most of the products at Textile Center are Polyester (both normal and recycled), Viscose, Cotton and Acrylic yarns, especially for the Indian fabric and garment industry. Cedaar operates from Punjab and has seen its production rise steadily since starting with more than 70,000 spindles. In March 2024, the company built a 2,000 KWP solar power facility using SIDBI loan funds since high power costs were a problem. In August 2024, Cedaar Textile was listed as a public limited company and now plans hopes to raise 43,50,000 equity shares to improve working capital, finance solar projects and support general purposes.

Cedaar Textile Limited Subscription Status

Date	QIB	NII	Retail	Total
TBA	0	0	0	0
TBA	0	0	0	0

Cedaar Textile Limited IPO Financial Status

Particulars (in Rs. Crores)	31 Dec 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	222.77	198.23	175.84	154.45
Revenue	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	9.6
Reserves and Surplus	51.17	17.74	13.94	9.35
Total Borrowing	120.63	146.15	137.01	121.01

Cedaar Textile Limited IPO SWOT Analysis

Strengths

Diversified Yarn Production: The company makes polyesters (both normal and recycled), viscose, cotton and acrylic fibres to address different client requirements.
Solar Energy Integration: To reduce electricity expenses and improve long-term efficiency, the company has installed a 2,000 KWP solar plant in 2024.
Capacity & Infrastructure: Has a big manufacturing unit with a lot of installed spindle capacity to serve increasing demand.
Strategic Location: Manufacturing base in Punjab ensures proximity to major textile markets and raw material sources.

Risks

High Indebtedness: As of September 2024, total borrowings stood at ₹11,572.28 lakhs, limiting financial flexibility.
No Long-term Supply Contracts: Relies on spot procurement of raw materials, exposing the company to price volatility and supply risks.
Interest Rate Sensitivity: Most loans are at floating interest rates, exposing the business to changes in borrowing costs.
First-Time Listing Risk: Being a debutant on the SME NSE Emerge platform, the stock’s post-listing performance remains uncertain.