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IPO Synopsis

Cedaar Textile Ltd
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. 140/- per equity share ("Issue Price") including a share premium of Rs.130/- per equity share), aggregating to Rs. 60.90 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. 140/- per equity share aggregating to Rs. 3.05 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. 140/- per equity share aggregating to Rs. 57.85 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.
Issue
Opens On Closes On
30-Jun-25 02-Jul-25
Money Payable On
Application Allotment
140.00 0.00
Minimum Application for shares in Nos : 1000 Further Multiples of : 1000
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 60.90 Fast Track Finsec Pvt Ltd
Project Financed through Current Offer (.Cr) 60.90  
Post Issue Equity Share Capital (.Cr) 13.88
Issue Price () 140.00
Projects
Installation of Grid-Tied Solar PV rooftop systems for captive evacuation
Modernization of the machines
To meet working capital requirements
General corporate purposes
Promoted By
Rajesh Mittal
Virendra Goyal
Bachangada Nachappa Monnappa
Listing At
NSE - SME
Registrar to the Issue
Skyline Financial Services Pvt
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