Mumbai (Maharashtra) [India], June 25: <\/span>Cedaar Textile Limited,\u00a0<\/strong>a leading sustainable textile manufacturer specializing in premium yarns and fabrics from 100% organic and recycled fibers (polyester and cotton), announced the opening of its Initial Public Offering (IPO) on Monday, June 30, 2025.<\/p>\n

IPO Details:\u00a0<\/strong><\/p>\n

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Issue Size: 43,50,000 equity shares of \u20b910 each<\/li>\n
Total Issue Value: \u20b960.90 crore (at upper price band)<\/li>\n
Price Band: \u20b9130 \u2013 \u20b9140 per share<\/li>\n
Market Lot Size: 1,000 equity shares<\/li>\n
Issue Period: June 30, 2025 to July 02, 2025<\/li>\n
Anticipated Allotment: July 04, 2025<\/li>\n
Credit to Demat Accounts: July 07, 2025<\/li>\n
Listing Platform: NSE EMERGE<\/li>\n<\/ul>\n
Share Allocation Structure:<\/strong><\/p>\n
The fresh issue of 43,50,000 equity shares will be allocated as follows:<\/strong><\/p>\n
\n
Qualified Institutional Buyers (QIB): 13,04,000 equity shares<\/li>\n
Non-Institutional Investors (NII): 13,28,000 equity shares<\/li>\n
Retail Individual Investors (RII): 15,00,000 equity shares<\/li>\n
Market Maker: 2,18,000 equity shares<\/li>\n<\/ul>\n
Use of Proceeds:<\/strong><\/p>\n
\n
Installation of Grid-tied Solar PV Rooftop System for captive power generation<\/li>\n
Modernization of the Machines<\/li>\n
To meet working capital requirements<\/li>\n
General corporate purposes<\/li>\n
Issue-related expenses<\/li>\n<\/ol>\n
Issue Intermediaries:<\/strong><\/p>\n
\n
Lead Manager:\u00a0<\/strong>Fast Track Finsec Private Limited<\/li>\n
Registrar to the Issue:\u00a0<\/strong>Skyline Financial Services Private Limited<\/li>\n<\/ul>\n
If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/span><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"
Mumbai (Maharashtra) [India], June 25: Cedaar Textile Limited,\u00a0a leading sustainable textile manufacturer specializing in premium yarns and fabrics from 100% organic and recycled fibers (polyester and cotton), announced the opening of its Initial Public Offering (IPO) on Monday, June 30, 2025. IPO Details:\u00a0 Issue Size: 43,50,000 equity shares of \u20b910 each Total Issue Value: \u20b960.90…<\/p>\n
Read More “Cedaar Textile Limited Announces IPO Opening June 30, 2025”<\/span> »<\/a><\/p>\n","protected":false},"author":1,"featured_media":38748,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[54],"class_list":["post-38747","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/38747","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=38747"}],"version-history":[{"count":0,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/38747\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media\/38748"}],"wp:attachment":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=38747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=38747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=38747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}