The Cedaar Textile IPO is scheduled to open on June 30, 2025, and will close on July 2, 2025. This IPO is a Book Built Issue, with the company aiming to raise approximately ₹60.90 crores. The offering includes a fresh issue of ₹60.90 crores, while the number of equity shares under the offer for sale is yet to be disclosed. Each share has a face value of ₹10.

The price band for the IPO is set between ₹130 and ₹140 per share. The allocation breakdown is 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-Worth Individuals (HNIs). Cedaar Textile is expected to be listed on the NSE on July 7, 2025, with allotment scheduled for July 3, 2025.

For the financial year 2024, the company recorded revenue of ₹191.01 crores, an increase from ₹161.88 crores in 2023. Net profit rose to ₹11.05 crores in 2024, compared to ₹4.59 crores in the previous year. Based on this financial growth, the IPO is considered a solid option for long-term investors.

About Cedaar Textile IPO

Cedaar Textile Limited, established in September 2020, specializes in the production of a wide variety of yarns. The company focuses on manufacturing high-quality Melange Yarn, which is used in household textiles, woven fabrics, and hosiery. Its primary goal is to serve premium clients in India who create apparel for renowned fashion brands.

The production process involves sourcing raw materials from trusted suppliers and then using advanced machinery to blend different fibers such as cotton, polyester, viscose, acrylic, and others. Cedaar Textile offers a broad product portfolio that includes Melange Yarns, Solid Top-dyed Yarns, and grey Fancy Yarns. A standout feature of the company is its commitment to sustainability, offering products made from 100% organic and recycled fibers that are environmentally friendly. As of June 1, 2025, the company employs a total of 583 people.

Objects of the Issue (JNK India IPO Objectives)

• Installation of Grid-tied Solar PV Rooftop System for Captive evacuation
• Modernization of the Machines
• To meet working capital requirements
• General Corporate Purpose; and
• Issue Expenses

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Cedaar Textile IPO Company Financial Report

Cedaar Textile IPO Company Financial Report