Chartered Speed Limited IPO DRHP
Chartered Speed is a passenger mobility company in India with an operational fleet of over 2,000 buses as of June 30, 2025. With more than 15 years of experience in the mobility sector, the Company focuses on delivering sustainable, affordable and efficient inter-city and intra-city transportation services across six states (Source: F&S Report). Its extensive operational network covers over 500 cities, enabling the Company to serve approximately 3.5 lakh passengers on a daily basis (Source: F&S Report). Chartered Speed undertakes the purchase, operation and maintenance of conventional and electric buses, offering customized schedules aligned with specific route and timing requirements of customers. As of June 30, 2025, the Company operated over 650 dedicated pick-up and drop points and 65 booking offices across India, supported by a workforce exceeding 4,000 employees, including 2,480 trained drivers.
Chartered IPO Objects
- Funding the capital expenditure requirements of the Company towards purchase of electric buses
- Payment, in full or in part, of certain outstanding borrowings availed by the Company
- General corporate purposes
Chartered IPO Details
Price Band₹ |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹655.00 Cr (0.00 Shares) |
Offer For Sale₹200.00 Cr (0.00 Shares) |
Total Issue₹855.00 Cr (0.00 Shares) |
Face Value₹5 per equity share |
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not less than 75% of Net Offer |
| Big HNIs (NII) | Not more than 10% of Net Offer |
| Small HNIs (NII) | Not more than 5% of Net Offer |
| Retail | Not more than 10% of Net Offer |
Chartered IPO Financials
| Particulars | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Revenue | 666.77 | 347.30 | 332.08 |
| PAT | 70.10 | -5.49 | -8.32 |
| Net Worth | 66.86 | -14.51 | -20.21 |
| Borrowings | 517.96 | 458.75 | 164.90 |
| Assets | 726.98 | 548.83 | 187.31 |
| NAV (₹) | 9.31 | -2.22 | -3.60 |
| EPS (₹) | 10.37 | -0.69 | -1.39 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | VALUES |
|---|---|
| EBITDA | 31.62% |
| PAT | 10.51% |
| ROCE | 29.01% |
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Promoter Details
| Name | Shareholding |
|---|---|
| Pankaj Gandhi | 58.07% |
| Alka Gandhi | 38.58% |
| Total | 96.65% |
Management Details
| Name | Designation |
|---|---|
| Pankaj Gandhi | Chairman & MD |
| Deen Gaggar | CFO |
Company Details
Name: Chartered Speed Limited
Address: Sarkhej-Bavla Highway Sanathal Sarkhej, Ahmedabad 382 210 Gujarat, India
Number: +91 99798 89920
Email: cs@charteredspeed.com
Website: www.charteredspeed.Com
Book Running Lead Managers (BRLMs)
RTAs
MUFG Intime India
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Chartered IPO is a Mainboard IPO having an issue size of Rs. ₹855.00 Crs. Chartered IPO is priced at ₹ - ₹ per share. The issue opens on 11 Feb 26 and closes on 11 Feb 26.
Chartered IPO opens on 11 Feb 26 and closes on 11 Feb 26.
The estimated Grey Market Premium of Chartered IPO is ₹0 per share (-).
The minimum lot size of Chartered IPO is shares & the minimum application amount is Rs. 0.
The allotment date of Chartered IPO is 11 Feb 26.
The listing date of Chartered IPO is 11 Feb 26.
Chartered IPO is subscribed -.
Chartered IPO is priced at ₹ - ₹ per share.
Click the allotment link on Chartered IPO page of IPO360.
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