Archive · 25 Jun 2025
Cedaar Textile Plans ₹61 Crore IPO
Cedaar Textile Limited, a textile manufacturer, is selling shares to the public for the first time through an IPO to raise about ₹61 crore.
They are selling shares between ₹130 and ₹140 each.
The money will be used to install solar panels, upgrade machines, and cover general business costs.
The company plans to expand its operations by entering into garments business next year.
The IPO will open on June 30, 2025.
Cedaar Textile Limited is launching an IPO to raise ₹61 crore.
The IPO includes 43.50 lakh equity shares with a price band of ₹130- ₹140.
Anchor bidding opens June 27, and the issue closes July 2.
Funds will be used for a solar PV system, machine modernization, working capital, and general corporate purposes.
The company plans to expand into the garments business next year.
- Who
- Cedaar Textile Limited, a textile manufacturer.
- What
- Cedaar Textile Limited is launching an IPO.
- When
- Anchor bidding opens June 27, with the issue closing on July 2.
- Where
- NSE Emerge
- Why
- To raise funds for a solar PV system, machine modernization, working capital, and general corporate purposes.
- Company
- Cedaar Textile Limited
- IPO Open Date
- June 30, 2025
- IPO Close Date
- July 02, 2025
- Price Band
- ₹130 - ₹140 per share
- Issue Size
- 43.50 lakh equity shares
- Issue Value
- ₹61 crore
- Use of Funds
- Solar PV, Machine Modernization, Working Capital
Sources
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Rama Telecom Limited IPO Opens on June 25, 2025
Aakaar Medical Technologies IPO share allotment: Latest GMP, how to check status online
IPO Watch: Moving Media Entertainment IPO opens on June 26; issue price band set at ₹66-70 apiece
Cedaar Textile Limited IPO Opens on June 30, 2025
