IPO Advisory
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Textiles
Sub Sector: manufacturing of Quality Melange Yarn
Exchange:
NSE
Emerge
Cedaar Textile was incorporated as a Private Limited Company namely “Cedaar Textile Private Limited” under the Companies Act, 2013 vide Certificate of Incorporation dated 28-09-2020 issued by Registrar of Companies, ROC Bangalore bearing Registration no. 139070. Thereafter, The Company was converted into a Public Limited Company in pursuance of a special resolution passed by the members of the Company at the Extra Ordinary General Meeting held on April 30, 2024. A fresh Certificate of Incorporation consequent to conversion was issued on August 23, 2024 by the Registrar of Companies, ROC CPC Manesar Haryana and consequently the name of the Company was changed from “Cedaar Textile Private Limited” to “Cedaar Textile Limited”. The Company’s Corporate Identification Number is U17299KA2020PLC139070 They are engaged in the manufacturing of Quality Melange Yarn for use in the household textile, woven goods, and hosiery.
The Company Objective is to cater the Top Line Customers Overseas and in India, who produce Garments for renowned Fashion Brands. Their production process begins with procurement of Raw material from the suppliers and processed the same in machine by mixing the different fabrics like cotton, polyester, viscos, acrylic and other fibers.
Skyline Financial Services Private Limited
Cedaar Textile operates in Textiles and manufacturing of Quality Melange Yarn. The Issue would be listed on SME. The registrar of the Issue is Skyline Financial Services Private Limited. The IPO type of Cedaar Textile is Book Building Process and Object of issue is
Merchant Banker of Cedaar Textile IPO is Fast Track Finsec Private Limited
The DRHP (Draft Red Herring Prospectus) of Cedaar Textile IPO was filed on 24 Dec 2024.
No, Cedaar Textile IPO is not yet listed. See other upcoming SME IPOs here.
The IPO open date and IPO close date of Cedaar Textile are not available now. You can apply in Cedaar Textile IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.
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