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Cedaar Textile Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Cedaar Textile Ltd IPO

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 (Rs)10/- 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 (Rs)10/- 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 (Rs)10/- 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: (Rs)130 to (Rs)140 per equity share of face value of (Rs)10 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 (Rs)130.00-140.00 (Rs)0.00-0.00
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 (Rs)130.00  
 
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