Chartered Speed IPO Details
MAINBOARD
Chartered Speed IPO DRHP (Draft Red Herring Prospectus) has been SEBI Approval Received.
The Lead Managers for Chartered Speed IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Motilal Oswal Investment Advisors Ltd, SBI Capital Markets Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the Chartered Speed Limited DRHP.
Chartered Speed IPO Details
Chartered Speed IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
To be announced | |||
Chartered Speed IPO Reservation
Promoter Holding
Documents
Chartered Speed IPO Valuations
Chartered Speed Financial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 726.98 | 548.83 | 187.31 |
| Total Income | 684.44 | 348.86 | 334.59 |
| Profit After Tax | 70.10 | -5.49 | -8.32 |
| EBITDA | 210.81 | 49.93 | 26.33 |
| NET Worth | 66.86 | -14.51 | -20.21 |
| Reserves and Surplus | 29.46 | -48.28 | -49.66 |
| Total Borrowing | 517.96 | 458.75 | 164.90 |
| Amount in ₹ Crore | |||
About Chartered Speed IPO
Chartered Speed is one of India’s leading passenger mobility companies with a bus fleet of over 2,000 vehicles as of June 30, 2025. The company offers inter-city and intra-city travel across six states. As of June 30, 2025, its fleet to intra-city passengers grew to over 620 buses operating across states of Gujarat and Madhya Pradesh
Business Model:
Annuity model: Long-term contract with state transport undertakings, government backed entities, and educational and corporate insitutions. Total 1,382 buses deployed under the Annuity model as of March 31, 2025.
Ticket revenue model: Revenue from ticket sales. As of March 31, 2025, its average daily trips are 258 and average daily passengers served are 8,400 across states including Gujarat, Madhya Pradesh, Rajasthan, Maharashtra and Assam.
Key Numbers:
- As of June 30, 2025 its fleet has over 2,000 buses of which 46 are electric buses
- Its buses fleet includes low floor, semi-deluxe buses, deluxe buses, multi-axle, super luxury buses, etc.
- Its network covers 500 cities and serve about 3.5 lakh passengers per day.
- 650+ pick-up and drop points as of June 30, 2025.
- 2480 drivers
- In Fiscal 2025, 71.70% of revenue was derived from contracts with government entites and 23.95% from ticket revenue model.
Strengths
- A leading customer centric passenger mobility company in India
- Business model with high visibility of revenue through long-term contracts
- Cost Efficiency and Operational Integration
- Maximizing revenue potential across multiple revenue streams
- Technology focused approach
- Experienced management team and workforce
Strength Of Chartered Speed IPO
Risk Of Chartered Speed IPO
Objectives Chartered Speed IPO
1. Funding the capital expenditure requirements of our Company towards purchase of electric buses
2. Pre-payment or re-payment, in full or in part, of certain outstanding borrowings availed by our Company
3. General corporate purposes
Company Contact Details
Chartered Speed Ltd.
Sarkhej-Bavla Highway
Sanathal Sarkhej,
Ahmedabad, Gujarat, 382210
Phone: +91 99798 89920
Email: cs@charteredspeed.com
Website: http://www.charteredspeed.com/
Registrar Contact Details
Chartered Speed IPO - FAQs
The Chartered Speed IPO is a MAINBOARD public issue comprising 0 equity shares with a face value of ₹5 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.
The IPO opens for subscription on TBA, and closes on TBA.
MUFG Intime India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at TBA.