Chiraharit Limited IPO Details

SME

Chiraharit IPO opens for subscription on 29 Sep 2025 and closes on 03 Oct 2025. The IPO will be listed on BSE with the tentative listing date set for 08 Oct 2025.

Chiraharit IPO price band has been fixed at ₹21 – ₹21 per share.The face value is ₹1 per share with a lot size of 6000.

Chiraharit IPO total issue size comprises 1,47,96,000 shares (aggregating up to ₹31.07 Cr.). This includes a fresh issue of 1,47,96,000 shares (aggregating up to ₹31.07 Cr.). Pre-issue shareholding stands at 4,00,00,000, which will increase to 5,47,96,000 post-issue.

Chiraharit IPO Lot Size : Individual Minimum is 2 lots (12,000 shares) amounting to ₹252,000. Individual Maximum is 2 lots (12,000 shares) amounting to ₹252,000. HNI Minimum is 3 lots (18,000 shares) amounting to ₹378,000.

The Lead Managers for Chiraharit 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 Finshore Management Services Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Anant Securities. You can analyze their track record by checking the Market Maker Performance Summary report.

For detailed information, Refer to the Chiraharit Limited RHP.

Chiraharit IPO Details

Open Date
29 Sep 2025
Close Date
03 Oct 2025
Listing Date
08 Oct 2025
Issue Price
₹21 - ₹21
Face Value
₹1 per share
Lot Size
6000
GMP
₹0
Issue Type
IPO
Listing On
BSE
Type
Fixed Price Issue
Share holding pre issue
40000000
Share holding post issue
54796000
Total Issue Size
1,47,96,000 shares (aggregating up to ₹31.07 Cr.)
Fresh Issue
1,47,96,000 shares (aggregating up to ₹31.07 Cr.)
Offer for Sale
-

Chiraharit IPO Subscription

Chiraharit IPO Application Wise Breakup

Chiraharit IPO Dates

  • 29 Sep 2025
    Opening dateOPD
  • 03 Oct 2025
    Closing dateCOD
  • 06 Oct 2025
    Allotment Date BOA
  • 07 Oct 2025
    Initiation of RefundsIOR
  • 07 Oct 2025
    Credit of SharesCOS
  • 08 Oct 2025
    Listing dateLID

Chiraharit IPO Lot Size

ApplicationLotsSharesAmount
Individual Minimum212000₹252,000
Individual Maximum212000₹252,000
HNI Minimum318000₹378,000

Chiraharit IPO Reservation

Promoter Holding

Pre Issue:100.00%
Post Issue:72.99%
Promoter Names:
Mr. Pavan Kumar Bang, Mrs. Tejaswini Yarlagadda, Mr. Venkata Ramana Reddy Gaggenapalli

Documents

Chiraharit IPO Valuations

ROE:18.20%
ROCE:10.50%
DEBT/EQUITY:4.92
RONW:18.20%
PAT MARGIN:1.97
PRICE TO BOOK VALUE:31.33
EPS Pre IPO:0.15
EPS Post IPO:1.39
P/E Pre IPO:172.36
P/E Post IPO:18.69

Chiraharit Financial Information

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets40.5825.7722.71
Total Income59.8030.5733.03
Profit After Tax6.020.600.42
EBITDA9.762.361.69
NET Worth9.573.312.57
Reserves and Surplus5.573.062.32
Total Borrowing20.2216.3015.92
Amount in ₹ Crore

About Chiraharit IPO

Incorporated in 2006, Chiraharit Limited is engaged in providing innovative solutions across various sectors, focusing on sustainability and quality.

The company specializes in turnkey EPC projects, focusing on water-based and renewable energy sectors, delivering innovative, sustainable solutions tailored to meet project-specific challenges for optimal performance.

The company delivers clean, safe water across diverse sectors, from farming irrigation to solar module cleaning, dust suppression in cement factories, and reliable water supply for residential housing projects.

In the renewable energy sector, the company focuses on constructing Compressed Bio-Gas (CBG) plants, providing turnkey execution for civil, mechanical, and pumping systems, ensuring seamless project delivery and supporting sustainable energy solutions.

Services:

  • Water: Solar Module Cleaning Systems, Irrigation Solutions for Agriculture and Landscape, Water Pipeline Solutions for Industrial and Residential Projects, HDPE, UPVC, CPVC, PVC, Sprinkler Pipes and Fittings.
  • Renewable Energy: Construction of Compressed Bio Gas Plants
  • Construction: Construction of Industrial and Residential Projects

As of February 28, 2025, the Company had 92 employees.

Strength Of Chiraharit IPO

1. Established and proven track record.

2. Leveraging the experience of our Promoters.

3. Experienced management team and a motivated and efficient work force.

4. Cordial relations with our customers.

5. Quality Assurance & Control.

Risk Of Chiraharit IPO

1. Our Company, Directors, Promoters and Group Companies are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on our business, results of operations and financial condition.

2. EPC projects are typically awarded to us on satisfaction of prescribed pre-qualification criteria and following a competitive bidding process. Our business and our financial condition may be adversely affected if new projects are not awarded to us or if contracts awarded to us are prematurely terminated.

3. Dependency on Indian Domestic Market for Revenue.

4. We are dependent on and derive a substantial portion of our revenue from a limited number of customers. Cancellation or orders by customers or delay or reduction in their orders could have a material adverse effect on our business, results of operations and financial condition.

5. The Company is dependent on a few suppliers for purchases of product/service. The loss of any of these large suppliers may affect our business operations.

6. There has been an instance of non-compliance for failure to open a separate bank account for receipt of share application money in compliance with Section 42 of the Companies Act, 2013. Due to such lapse, the Company may be held liable to penal actions by the regulatory authorities under the Companies Act which may have impact on our financial position.

7. There are certain instances of delays in the past with ROC/Statutory Authorities.

8. There have been some instances of delayed filing of returns and depositing of statutory dues with regulatory authorities.

9. We may face several risks associated with the object of the issue of setting up of proposed Manufacturing Unit, which could hamper our growth prospects, cash flows and business and financial condition.

10. Our Order Book may not be representative of our future results and our actual income may be significantly less than the estimates reflected in our Order Book, which could adversely affect our results of operations.

Objectives Chiraharit IPO

1. Funding Capital Expenditure towards setting up HDPE Ball Valves and Fittings Manufacturing Unit.

2. Repayment and/or pre-payment, in full or part, of certain borrowings.

3. Working Capital Requirements.

4. Issue Related Expenses.

5. General Corporate Expenses.

Company Contact Details

Chiraharit Limited
Malaxmi Courtyard, Survey No. 157,
Khajaguda Village,
Chitrapuri Colony Post, Hyderabad, 500104
Phone: +91 7738561210
Email: cs@chiraharit.com
Website: https://chiraharit.com/

Registrar Contact Details

Name: Bigshare Services Pvt Ltd
Phone: +91-22-62638200

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