About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail (10000 to 2 lakh) | 1 | 1000 | 140000 | 1500 |
| HNI (2 lakh to 5 lakh) | 2 | 2000 | 280000 | 1328 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 34.48% | 1500000 |
| NII (HNI) | 30.53% | 1328000 |
| Anchor | 17.98% | 782000 |
| QIB | 12.00% | 522000 |
| 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
Blend of cotton, polyester, acrylic, viscose, Tencel, or Modal fibers.
Used in household textiles, woven goods, and hosiery.
Solid Top-Dyed Yarns
Vibrant, high-quality yarns for premium apparel.
Grey Fancy Yarns
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
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/