IPO Schedule
1
Open
30 Jun
2
Close
2 Jul
3
Allotment
-
4
Listing
7 Jul
Cedaar Textile IPO
Issue:₹140
List:₹119
CMP:₹43
NSELot: 1000SME
LISTEDSME
Issue Price₹140
Listing₹119
Current₹43
Content
About Cedaar Textile
Cedaar Textile is an SME primarily engaged in the manufacturing and processing of textiles, specializing in fabrics and related products. The company caters to a diverse range of clients within the textile industry, offering customized solutions and a wide array of textile options.
Subscription Status
QIB
0.00x
NII
0.22x
Retail
0.06x
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 37.88x | 0.00x | 0.00x |
| NII | 5.04x | 0.14x | 0.22x |
| Retail | 9.73x | 0.45x | 0.06x |
| Total | 12.26x | 0.26x | 0.11x |
Risk Factors
•SME IPOs are inherently more volatile and carry higher risk compared to mainboard IPOs.
•Textile industry is subject to cyclical demand, fluctuating raw material prices, and intense competition.
•The success of the company is heavily reliant on the management team and their ability to execute growth strategies.