Cedaar Textile IPO Subscribed Over 11 Times; Allotment Status to Be Announced on July 3
By Shishta Dutta | Published at: Jul 2, 2025 05:33 PM IST
Mumbai, 2 July 2025: The SME IPO of Cedaar Textile Limited closed today with an exceptional response from investors across categories. The issue was subscribed 11.19 times by the close of bidding, with 4.10 crore equity shares bid against the offer size of 36.70 lakh shares. Investors can check the allotment status online on July 3, 2025.
Strong Demand from Retail and Institutional Investors Boosts Subscription
The IPO attracted considerable interest across segments, especially from retail investors and non-institutional participants. The final figures indicate high investor confidence in Cedaar Textile’s market proposition.
Final Subscription Snapshot (as of July 2, 2025 – 4:46 p.m.)
| Category | Applications Received | Shares Bid For |
|---|---|---|
| Qualified Institutional Buyers | 14 | 1,97,71,000 |
| Non-Institutional Investors | 1,641 | 68,93,000 |
| Retail Individual Investors (RIIs) | 14,414 | 1,44,14,000 |
| Total | 16,069 | 4,10,78,000 |
- Cut-off Bids (Retail): 97.72 lakh shares
- Total Subscription:11.19 times
- Issue Price Band: ₹130 – ₹140 per share
- Lot Size: 1,000 shares
Key IPO Dates: Allotment, Refunds, Listing and Mandate Release
The next key dates for investors include allotment finalisation, refund initiation, and share credit to demat accounts. The stock is scheduled to be listed on the NSE Emerge platform on 7 July 2025.
IPO Timeline
| Event | Date |
|---|---|
| Issue Closed | July 2, 2025 |
| Tentative Allotment | July 3, 2025 |
| Refund Initiation | July 4, 2025 |
| Shares in Demat | July 4, 2025 |
| Listing Date | July 7, 2025 |
| UPI Mandate Release | By July 17, 2025 |
Allotment Status to Be Available Online from July 3
Investors can check their allotment status using either of the following platforms:
1. Skyline Financial Services (Registrar)
- Visit: https://www.skylinerta.com/ipo.php
- Steps:
- Select “Cedaar Textile Limited” from the dropdown
- Enter your PAN, Application Number, or DP/Client ID
- Click Submit
2. NSE Allotment and Bid Status Page
- Visit: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
- Enter your PAN and application details to view bid status
What Happens After Allotment? Key Actions for Investors
- If Allotted: Shares will be credited to the demat account on July 4, 2025
- If Not Allotted: Refunds through ASBA or UPI unblocking will begin from July 4, 2025
Cedaar Textile to List on NSE Emerge on July 7
Following a strong IPO subscription, Cedaar Textile is set to make its stock market debut on the NSE Emerge platform on Monday, 7 July 2025. Investors are advised to check allotment status and monitor refunds or demat credits through their respective banks and brokers.
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