Cedaar Textile IPO Day 1: Subscription Status, GMP, Key Dates, and Investment Highlights

Cedaar Textile IPO Day 1: Subscription Status, GMP, Key Dates, and Investment Highlights

Cedaar Textile Limited has launched its Initial Public Offering (IPO) today, June 30, 2025. With investor enthusiasm running high in the textile sector, the Cedaar IPO is already generating buzz on Dalal Street. On this first day, investors and analysts are closely tracking the subscription numbers, grey market premium (GMP), and key IPO dates.

This article offers a complete overview of Cedaar Textile IPO Day 1 — covering real-time data, expert reviews, financial highlights, and how to apply for the IPO.

📊 Day 1 Subscription Status (Real-Time Update)

As of 1:00 PM IST on June 30, 2025:

Note: Subscription figures are updated hourly during market hours.

💰 Grey Market Premium (GMP) on Day 1

The Cedaar Textile IPO is trading with a GMP of ₹14–₹16 per share as of June 30, 2025.

IPO Price Band: ₹85 – ₹90 per share

Expected Listing Price (based on GMP): ₹104–₹106

Market Sentiment: Cautiously optimistic

Analysts note that the steady GMP suggests a decent premium on listing, driven by strong retail demand.

For live GMP updates, you can refer to trusted trackers like Chittorgarh, IPO Central, and Moneycontrol IPO section.

🧵 About Cedaar Textile Limited

Cedaar Textile Ltd. is a Surat-based company engaged in textile manufacturing, specializing in synthetic fabrics and ready-made garment production.

Key Business Highlights:

Integrated manufacturing setup

Focus on sustainable and recyclable textile products

Export presence in UAE, Bangladesh, and Southeast Asia

15% YoY revenue growth over last 3 years

Financial Snapshot (₹ in Crores):

Cedaar aims to utilize IPO proceeds for capacity expansion, working capital, and debt repayment.

📅 Key IPO Dates to Remember

📝 Cedaar Textile IPO Details at a Glance

Price Band: ₹85 – ₹90

Face Value: ₹10

Lot Size: 160 shares

Minimum Investment: ₹13,600

Total Issue Size: ₹160 Crores

Book Lead Managers: Saffron Capital Advisors

Registrar: KFin Technologies Limited

📈 Market Sentiment & Analyst Views

Brokerages have offered mixed views on the Cedaar IPO. Here's a quick summary:

Motilal Oswal: Neutral; suggests watching GMP before investing

Angel One: Positive for retail investors; cites strong business model

ICICI Direct: Highlights moderate valuations and improving margins

Overall sentiment: Mildly bullish, particularly due to Cedaar’s focus on sustainable textiles and export growth.

✅ How to Apply for Cedaar Textile IPO

You can apply through:

UPI Apps: Zerodha, Groww, Upstox

Net Banking ASBA: ICICI Bank, HDFC Bank, SBI, Kotak Mahindra Bank

Steps to Apply via UPI:

Log into your broker’s IPO section

Choose Cedaar Textile IPO

Enter bid details and UPI ID

Approve mandate in your UPI app

Ensure your Demat account and PAN are linked and KYC-compliant.

🔍 How to Check IPO Allotment Status

You can check Cedaar Textile IPO allotment by:

Visiting KFin Technologies IPO status page

Entering your PAN or application number

Selecting Cedaar Textile IPO from the dropdown

Allotment details will be available after July 4, 2025.

📌 Final Thoughts

The Cedaar Textile IPO has opened with decent demand from retail and NII segments on Day 1. A strong foothold in the textile industry, improving financials, and a sustainability-focused approach make it a noteworthy IPO in the mid-cap segment.

However, investors should evaluate the IPO based on their risk appetite and diversification goals.