IPO IPO-Synopsis
Cedaar Textile Ltd

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Registered Office: KSSIDC Plot #.B-34 Industrial-,Estate Yelahanka New Town , Bangalore - 560064 , Karnataka , India.
Phone : +91 98156 10607   Fax:
Email :  info@cedaartextile.com  
Website :  www.cedaartextile.com
Public issue of 43,50,000 equity shares of face value Rs10/- each of Cedaar Textile Limited. ("Cedaar" or the "Company" or the "Issuer") for cash at a price of Rs[*]/- per equity share ("Issue Price") including a share premium of [*]/- per equity share), aggregating to Rs[*] crores ("the Issue"), out of which, 2,18,000 equity shares of face value of Rs10/- each for cash at a price of Rs[*]/- per equity share aggregating to Rs[*] crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 41,32,000 equity shares of face value of Rs10/- each at an issue price of Rs[*]/- per equity share aggregating to Rs[*] crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 31.34% and 29.77%, respectively of the post issue paid up equity share capital of the company. Price Band: Rs130 to Rs140 per equity share of face value of Rs10 each. The floor price is 13 times of the face value and the cap price is 14 times of the face value. Bids can be made for the minimum of 1000 equity shares and in multiples of 1000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
30-Jun-25 02-Jul-25 Rs130.00-140.00 Rs0.00-0.00
Minimum Application for shares in Nos :1000  Further Multiples of :1000

  Rs Cr Lead Managers to the Issue
Project Cost 0.00
Fast Track Finsec Pvt Ltd
Project Financed through Current Offer 56.55  
Post Issue Equity Share Capital 13.88  
Issue Price Rs130.00  
Projects
Installation of Grid-Tied Solar PV rooftop systems for captive evacuationTo meet working capital requirements
Modernization of the machinesGeneral corporate purposes
Promoted By
Rajesh Mittal
Virendra Goyal
Bachangada Nachappa Monnappa
Listing At
NSE - SME 
Registrar to the Issue
Skyline Financial Services Pvt