Cedaar Textile came to market through an SME IPO that opened on 30 June 2025 and closed on 2 July 2025, and the shares listed on 7 July 2025 on NSE SME. The price band was ₹130 to ₹140 per share and one lot was 1000 shares, so the minimum application was ₹1,40,000. The issue size was ₹60.9 crore. The whole issue was fresh shares, so the money raised went to the company.
Skyline Financial Services Private Ltd was the registrar to the issue, and Fast Track Finsec Pvt Ltd was the lead manager.
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Founded in September 2020, Cedaar Textile Limited deals with the production of varied yarns.They have a product range of melange yarns, solid top-dyed yarns, and grey fancy yarns produced from cotton, polyester, acrylic, viscose, Tencel, and Modal fibers. The company produces high-quality melange yarn for home textiles, woven products, and hosiery.The company focuses on sustainability through products that are produced from 100% organic and recycled fibers to ensure support towards environmental preservation.
Cedaar Textile's customer base consists of high-profile customers in the domestic and international markets, providing apparel to famous fashion houses. Production at the company is initiated with the acquisition of raw materials, which are then processed by mixing different fibres such as cotton, polyester, viscose, acrylic, and so on.
As described in the offer document.
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Rajesh Mittal, Virender Goyal, Bachangada Monnappa Saraswathi, Monnappa Nachappa Bachangada. Promoter holding 100% before the issue and 68.66% after.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Cedaar Textile IPO was a ₹60.9 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹130–₹140 per share with a lot size of 1,000 shares (₹1,40,000). The IPO was open from June 30 to July 2, 2025. Shares listed on NSE SME on July 7, 2025 at ₹119, a 15.0% discount to the issue price of ₹140. Skyline Financial Services Private Ltd is the registrar.
Fast Track Finsec Pvt Ltd is the book running lead manager.
The price band of Cedaar Textile IPO is ₹130 to ₹140 per share.
The lot size of Cedaar Textile IPO is 1000 shares.
The minimum investment for Cedaar Textile IPO is approximately ₹1,40,000 based on the upper price band.
The allotment date of Cedaar Textile IPO is Jul 3, 2025.
You can check Cedaar Textile IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Cedaar Textile IPO allotment status on Rupix for quick and easy access.
₹130 to ₹140 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 1000 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,40,000. After listing, SME shares also trade in lots rather than one share at a time.
₹1,40,000, for one lot of 1000 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 30 June 2025 and closed on 2 July 2025.
The basis of allotment was published on 3 July 2025 by Skyline Financial Services Private Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 7 July 2025 on NSE SME.
The issue size was ₹60.9 crore. The fresh issue was 43,50,000 shares (aggregating up to ₹60.9 crore).