IPO

IPO Synopsis

Cedaar Textile Ltd
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 Rs10/- each of Cedaar Textile Limited. ("Cedaar" or the "Company" or the "Issuer") for cash at a price of Rs140/- per equity share ("Issue Price") including a share premium of Rs130/- per equity share), aggregating to Rs60.90 crores ("the Issue"), out of which, 2,18,000 equity shares of face value of Rs10/- each for cash at a price of Rs140/- per equity share aggregating to Rs3.05 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 Rs10/- each at an issue price of Rs140/- per equity share aggregating to Rs57.85 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 Money Payable On
Opens On Closes On Application Allotment
30-Jun-25 02-Jul-25 Rs 140.00-0.00 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 60.90
Fast Track Finsec Pvt Ltd
Project Financed through Current Offer 60.90
Post Issue Equity Share Capital 13.88
Issue Price Rs 140.00
Projects
Installation of Grid-Tied Solar PV rooftop systems for captive evacuation To meet working capital requirements
Modernization of the machines General corporate purposes
Promoted By Listing At Registrar to the Issue
  Rajesh Mittal
  Virendra Goyal
  Bachangada Nachappa Monnappa
 NSE - SME
No Data Found.

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