Subscription
Last updated on 02-Jul-2025 18:39:03
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 624000 | 19771000 | 31.68 |
| NIB | 1328000 | 6702000 | 5.05 |
| RETAIL | 1500000 | 14592000 | 9.73 |
| Total | 3452000 | 41065000 | 11.9 |
| Application Wise Breakup | |
|---|---|
| Category | App. Received |
| QIB | 14 |
| NIB | 1653 |
| RETAIL | 14592 |
| Total | 16259 |
| Subscription Demand (in ₹ crore) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| QIB | 8.74 | 276.79 | 31.68 |
| FII | - | 118.22 | - |
| FI | - | 0 | - |
| IC | - | 0 | - |
| MF | - | 0 | - |
| OTH | - | 158.58 | - |
| NIB | 18.59 | 93.83 | 5.05 |
| RETAIL | 21 | 204.29 | 9.73 |
| Total | 48.33 | 574.91 | 11.9 |
| QIB Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹6 | @8% ₹6.8 | @9% ₹7.7 | @10% ₹8.5 | @11% ₹9.4 | @12% ₹10.2 |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.9 | @8% ₹1.1 | @9% ₹1.2 | @10% ₹1.4 | @11% ₹1.5 | @12% ₹1.6 |
About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail (10000 to 2 lakh) | 1 | 1000 | 140000 | 1500 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 34.48% | 1500000 |
| NII (HNI) | 30.53% | 1328000 |
| Anchor | 15.63% | 680000 |
| QIB | 14.34% | 624000 |
| Market Maker | 5.01% | 218000 |
| Total | 100.00% | 4350000 |
Cedaar Textile IPO Details
| Issue Size | 43,50,000 shares (aggregating up to ₹60.90 Cr) |
| Fresh Issue | 43,50,000 shares (aggregating up to ₹60.90 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 95,28,600 shares |
| Share Holding Post Issue | 1,38,78,600 shares |
| Market Maker's Portion | 2,18,000 Shares |
| Market Maker | Nnm Securities |
Key Performance Indicator (KPI)
| KPI | Sep-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 12.11% | 56.06% | 38.60% |
| ROCE | 12.74% | 26.90% | 15.91% |
| RONW | 12.11% | 56.06% | 38.60% |
| EPS (basic) | 6.77 | 14.73 | 6.12 |
| P/E Pre IPO | 12.07 | ||
| P/E Post IPO | 19.11 |
Company Financials In Crores
| Period Ended | Dec-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| 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 | 60.7 | 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 |
About Company
Incorporation: September 2020
Specialization: Manufacturing premium yarns for global fashion and textile industries.
Product Portfolio
- Melange Yarns
o Blend of cotton, polyester, acrylic, viscose, Tencel, or Modal fibers.
o Used in household textiles, woven goods, and hosiery.
- Solid Top-Dyed Yarns
o Vibrant, high-quality yarns for premium apparel.
- Grey Fancy Yarns
o Specialty yarns with unique textures for design-focused fabrics.
Sustainability Commitment
- Offers 100% organic (GOTS-certified) and recycled (GRS-certified) fiber products.
- Compliant with OEKO-TEX Standard 100 for eco-friendly textiles.
Production Process
- Raw Material Procurement
- Fiber Blending (cotton, polyester, viscose, acrylic, etc.)
- Yarn Manufacturing (customizable solutions for clients).
Clients & Markets
- Supplies top-tier domestic and international fashion brands, garment manufacturers, and textile mills.
- Strong relationships with global fashion houses.
Certifications
- ISO 9001:2015 (Quality Management)
- Global Organic Textile Standard (GOTS)
- Global Recycled Standard (GRS)
- OEKO-TEX Standard 100
As of June, 01, 2025, the company had 583 employees all of which are on payroll.
Strength
Experienced Workforce: Led by skilled management and supported by 477+ employees.
Strong Financial Base: Stable performance with a scalable business model.
Customer-Focused Solutions: Tailored yarn products to meet varied client needs.
Weakness
Customer Concentration: Revenue heavily relies on top ten customers; loss of any may impact profitability.
Lack of Long-Term Contracts: Dependence on purchase orders poses risk to consistent order flow and revenue stability.
Single Production Facility: Operations depend on one plant in Punjab; any disruption could affect business continuity.
Lead Manager(s)
Address
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/