Cedaar Textile Ltd. IPO

Our Company offers the widest range of Raw white Yarns, Melange Yarns, Solid Top dyed Yarns, and Grey Fancy Yarns in Cotton, Polyester, Acrylic, Viscose, Tencel, Modal, and other Fibers. All Yarns are being offered with sustainability as the prime focus, in 100% Organic, Recycle Fibers (Polyester ... & Cotton) for a Green Environment and Conservation of natural resources. The company’s focus is on Innovation, Customer Orientation, R & D, Technology Up Gradation, Digitalization, ERP, Continuous Improvement, and Moving towards Green Energy. Our Company manufacture and sells its products like Yarn, Technical Textile IFR, Fabrics, and Dyed Yarn. We 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. Our 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. The Company Objective is to cater the Top Line Customers Overseas and in India, who produce Garments for renowned Fashion Brands. Read more

Our company 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, our Company ... was converted into a Public Limited Company in pursuance of a special resolution passed by the members of our 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 our Company was changed from “Cedaar Textile Private Limited” to “Cedaar Textile Limited”. The Company’s Corporate Identification Number is U17299KA2020PLC139070.

TEXTILE SECTOR
India’s textiles sector is one of the oldest industries in the Indian economy, dating back to several centuries. The industry is extremely varied, with hand-spun and hand-woven textiles sectors at one end of the spectrum, with the capitalintensive sophisticated mills ... sector at the other end. The fundamental strength of the textile industry in India is its strong production base of a wide range of fibre/yarns from natural fibres like cotton, jute, silk, and wool, to synthetic/manmade fibres like polyester, viscose, nylon and acrylic. The decentralised power looms/ hosiery and knitting sector form the largest component of the textiles sector. The close linkage of textiles industry to agriculture (for raw materials such as cotton) and the ancient culture and traditions of the country in terms of textiles makes it unique in comparison to other industries in the country. India’s textiles industry has a capacity to produce a wide variety of products suitable for different market segments, both within India and across the world. In order to attract private equity and employee more people, the government introduced various schemes such as the Scheme for Integrated Textile Parks (SITP), Technology Upgradation Fund Scheme (TUFS) and Mega Integrated Textile Region and Apparel (MITRA) Park scheme. Read more