Who is the CEO of Cedaar Textiles Ltd?
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The Managing Director of Cedaar Textiles Ltd is Mr. Rajesh Mittal.
BAJAJ BROKING
Cedaar Textiles Ltd, incorporated in September 2020, operates in the textile manufacturing sector with a core focus on producing various types of yarns. The company is known for manufacturing quality melange yarns used in household textiles, woven fabrics, and hosiery. Its production process involves blending fibres such as cotton, polyester, viscose, acrylic, Tencel, and modal to create specialised yarns including melange, solid top-dyed, grey fancy, and raw white yarns. Cedaar Textiles serves both domestic and international markets and supplies its yarns to garment manufacturers that cater to reputed fashion brands.
With a team of 583 employees on payroll as of June 1, 2025, the company maintains a strong emphasis on sustainability by offering organic and recycled fibre-based products. Cedaar’s approach combines innovation, R&D, technology upgrades, and green energy practices. In addition to yarns, it also manufactures technical textiles, IFR, fabrics, and dyed yarns, aligning with current industry trends and demands.
For more details, visit the Cedaar Textiles IPO page.
Details | Information |
IPO Date | June 30, 2025 to July 2, 2025 |
Issue Size | 43,50,000 shares (aggregating up to ₹60.90 Cr) |
Price Band | ₹130 to ₹140 per share |
Lot Size | 1000 shares |
Listing At | NSE SME |
Market maker | NNM Securities Private Limited |
Installation of Grid-tied Solar PV Rooftop System for Captive evacuation
Modernization of the Machines
To meet working capital requirements
General Corporate Purpose
Issue Expenses
Event | Date |
---|---|
IPO Open Date | Mon, Jun 30, 2025 |
IPO Close Date | Wed, Jul 2, 2025 |
Tentative Allotment | Thu, Jul 3, 2025 |
Initiation of Refunds | Fri, Jul 4, 2025 |
Credit of Shares to Demat | Fri, Jul 4, 2025 |
Tentative Listing Date | Mon, Jul 7, 2025 |
Cut-off time for UPI mandate confirmation | 5 PM on July 2, 2025 |
₹130 to ₹140 per share
Application | Lots | Shares | Amount |
Retail (Min) | 1 | 1000 | ₹1,40,000 |
Retail (Max) | 1 | 1000 | ₹1,40,000 |
HNI (Min) | 2 | 2,000 | ₹2,80,000 |
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Select Cedaar Textiles IPO
Find "Cedaar Textiles IPO" and click on the ‘Apply’ button.
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Total Assets: Grew from ₹154.45 crore in FY22 to ₹222.77 crore as of Dec 2024.
Revenue: Reached ₹113.91 crore in FY24.
Profit After Tax (PAT): Stood at ₹7.06 crore for Dec 2024.
Net Worth: Recorded at ₹60.70 crore in FY24.
Reserves and Surplus: Recorded at ₹51.17 crore (Dec 2024), growing steadily over the years.
Total Borrowings: Stood at ₹120.63 crore in Dec 2024.
The company has shown a consistent rise in its asset base, reflecting business expansion and improved operational capacity.
Revenue generation has remained steady, indicating a stable market demand for its products and services.
Profitability has improved, suggesting better cost management and enhanced efficiency in operations.
The net worth has grown over time, pointing to the company’s financial stability and retained earnings.
Reserves and surplus have increased gradually, highlighting a strong internal accrual position.
The company continues to manage its borrowings while maintaining growth momentum, suggesting a balanced approach to financial planning.
Cedaar Textiles operates in a highly competitive and price-sensitive industry, which can be affected by fluctuations in raw material costs and changing customer preferences.
The company’s financial structure involves a considerable amount of borrowings, which may lead to higher interest obligations and impact its liquidity position.
The company's focus on modernising its machinery, adopting green energy through solar installations, and enhancing production efficiency reflects its forward-looking approach.
With rising demand for sustainable and specialised yarns in both domestic and international markets, Cedaar Textiles is well-placed to explore new business opportunities and strengthen its presence.
KPI | Values |
ROE | 56.06% |
ROCE | 26.90% |
Debt/Equity | 5.79 |
RoNW | 56.06% |
PAT Margin | 5.83% |
EBITDA Margin | 15.19% |
Price to Book Value | 4.16 |
Registrar | Lead Manager(s) |
---|---|
Skyline Financial Services Private Ltd | Fast Track Finsec Pvt Ltd |
Cedaar Textile Limited
KSSIDC Plot No B-34
Industrial Estate,
Yelahanka New Town,
Bangalore Urban, Karnataka, 560064
Phone: +91 9815610607
Email: Info@cedaartextile.com
Website: https://cedaartextile.com/
Cedaar Textiles Ltd is engaged in manufacturing a variety of yarns with a focus on melange, solid top-dyed, grey fancy, and raw white yarns. The company serves clients in both domestic and international markets and supplies to garment manufacturers associated with known fashion brands. It also produces technical textiles, IFR, fabrics, and dyed yarns.
The IPO proceeds are intended to support several operational needs, including solar energy installations, machinery upgrades, and working capital. Investors may review the company's financial and operational details, along with industry positioning, before making any investment-related decisions.
Interested in more opportunities? Check out our Upcoming IPO section for new listings, and don’t forget to check your IPO allotment status for Cedaar Textiles IPO.
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The Managing Director of Cedaar Textiles Ltd is Mr. Rajesh Mittal.
The Cedaar Textiles IPO is scheduled to open for subscription from June 30, 2025, to July 2, 2025.
Cedaar Textiles Ltd is primarily engaged in the manufacturing of various yarns, including melange, solid top-dyed, grey fancy, and raw white yarns. The company uses both natural and recycled fibres and also manufactures technical textiles and dyed fabrics. Its emphasis on sustainability, technology upgrades, and green energy practices forms part of its long-term operational focus.
The issue size of the Cedaar Textiles IPO is 43,50,000 shares, aggregating up to ₹60.90 crore.
'Pre-apply' allows investors to submit their IPO application before the official opening date. The application is recorded and forwarded to the exchange when the IPO opens for public bidding.
Once you complete your application and approve the UPI mandate (if applicable), you will receive a confirmation from your broker or the exchange. Final allotment status will be available after the IPO allotment date.
The minimum lot size is 1 lot, comprising 1000 shares. Investors need to apply for at least one lot.
The tentative allotment date for the Cedaar Textiles IPO is July 3, 2025.
The registrar for the Cedaar Textiles IPO is Skyline Financial Services Private Ltd.
As of now, there are no publicly reported governance issues or red flags related to the leadership or board structure of Cedaar Textiles Ltd. Investors are advised to review the company’s prospectus and official filings for detailed disclosures.
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