Cedaar Textile logo

Cedaar Textile

NSE SMEClosed

IPO Timeline

Issue open date

30 Jun 2025

Issue close date

2 Jul 2025

UPI mandate deadline

2 Jul 2025

Allotment finalization

3 Jul 2025

Refund initiation

4 Jul 2025

Share credit

4 Jul 2025

Listing date

7 Jul 2025

Mandate end date

17 Jul 2025

Lock-in end date for anchor investors (50%)

2 Aug 2025

Lock-in end date for anchor investors (remaining)

1 Oct 2025

Grey Market Premium Trend

₹10
Current GMP
₹150
Est. Listing Price
7.1%
Est. Listing Gain
₹130 - ₹140
Price Band

GMP History

DateGMP (₹)Est. Listing Price (₹)Est. Listing Gain
4 Jul₹10₹1507.14%
3 Jul₹10₹1507.14%
2 Jul₹10₹1507.14%
1 Jul₹10₹1507.14%
30 Jun₹25₹16517.86%
29 Jun₹17₹15712.14%
28 Jun₹10₹1507.14%
27 Jun₹10₹1507.14%
26 Jun₹10₹1507.14%
25 Jun₹10₹1507.14%
24 Jun₹0₹1400.00%
23 Jun₹0₹1400.00%

Key Dates

Open
30 Jun 2025
Close
2 Jul 2025
Listing
7 Jul 2025

Quick Stats

Issue Size:61cr
Lot Size:1000 shares

Issue Details

Issue Size:61cr
Face Value:10
Listing At:NSE SME

Reservation

50%
QIB
15%
NII
35%
Retail

About the Company

Incorporated in 2020 and converted to a public limited company in 2024, Cedaar Textile Limited operates as a textile manufacturer specializing in yarn production with sustainability at its core. 

Strengths

  • Strong brand and customer outreach.
  • Sustainability & Innovation – Focus on eco-friendly, quality, and tech-led products.
  • Strong Operations – Efficient sourcing, production, and delivery.
  • Industry Ties – Solid supplier and partner network.
  • Procurement – Reliable raw material sourcing.

Risks

  • High revenue dependence on top 10 customers risks profit impact if business from them declines.
  • Lack of long-term contracts risks revenue volatility and sudden order loss.
  • Single-facility dependence in Punjab poses risk from shutdowns or local disruptions.
  • Shifts in consumer preferences or quality perception may harm brand image and sales.
  • Bangladesh exports face risk from unrest, trade disruptions, and payment uncertainty.
  • High power dependence risks cost hikes and operational disruptions from supply issues.
  • Dependence on third-party logistics risks delays, cost hikes, and delivery disruptions.