Chiraharit Limited IPO
Chiraharit Limited IPO
SME BSE SME Fixed Price
Closed

Price Band

₹21

Total Issue

₹31 Cr

Bid Dates

29 Sep - 03 Oct

Subscription

1.88x

Listing Price

₹16.8 (-20.00%)

Website RHP Check Allotment

Valuation

Market Cap

₹115.07 Cr

P/E Ratio

13.91x

P/B Ratio

8.79x

Chiraharit IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Chiraharit Limited, incorporated in 2006, is engaged in turnkey EPC (Engineering, Procurement, and Construction) projects, with operations spanning two broad segments – Water-based solutions and Renewable Energy-based projects. In the Water sector, the company specializes in the efficient and reliable movement of piped water in pressurized applications. Its expertise extends to Solar Module Cleaning Systems, Irrigation Solutions for Agriculture & Landscape, Water Pipeline Solutions for Industrial & Residential projects, and supply of HDPE, UPVC, CPVC, and PVC pipes & fittings. Beyond water solutions, Chiraharit also undertakes projects in Compressed Bio-Gas (CBG) plant construction as well as Industrial and Residential infrastructure projects. With a strong technical foundation and diversified presence, the company delivers sustainable and efficient EPC solutions to cater to India’s growing demand for water management and renewable energy infrastructure.

Chiraharit IPO Lot Size

Lot Information for Chiraharit IPO
Category Lots Shares Amount
Ind (Min) 2 12,000 ₹2,52,000
Ind (Max) 2 12,000 ₹2,52,000
Others (Min) 3 18,000 ₹3,78,000
Allocate Funds
Market Maker
7,44,000 EQ Shs
Employee
₹0.00
Shareholder
₹0.00

Chiraharit IPO Size

Total ₹31.07 Cr
Fresh Issue
₹31 Cr (1.48 Cr Shares)
Offer For Sale
₹0 (0.00 Shares)

Objects of Issue

  1. Funding Capital Expenditure towards setting up HDPE Ball Valves and Fittings Manufacturing Unit
  2. Repayment of certain borrowings
  3. Working Capital Requirements
  4. General Corporate Expenses

Chiraharit IPO IPO Live Subscription

Updated as on 03 Oct 2025 | 05:00:00 PM

Chiraharit IPO IPO Subscription Status
Category Sub (x) Offered Bids
Individual Investor 3.03x 70,26,000 2,13,12,000
Others 0.73x 70,26,000 51,60,000
Total 1.88x 1,40,52,000 2,64,72,000

Chiraharit IPO IPO Details Live GMP

GMP ₹0
Est. Price ₹21
Est. Gain 0.00%

Chiraharit IPO Peer Comparison

There are no comparable listed peers in India as per the company

Chiraharit IPO IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Chiraharit IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 59.63 30.57 32.89
Profit after Tax 6.02 6.02 0.42
Net Worth 9.57 3.31 2.57
Total Borrowing 20.22 16.30 15.92
Total Assets 40.58 25.77 22.71
NAV per share (in ₹) 2.39 0.83 0.64
EPS - Basic (in ₹) 1.51 0.15 0.11

Key Performance Indicators (KPIs)

EBITDA

16.36%

PAT

10.10%

RONW

62.91%

ROCE

32.29%

Debt to Equity

2.11

All the data pertains to FY 2024-25. PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Holding

Promoter

100.00%

Public

0.00%

Tejaswini Yarlagadda 72.00%
Pavan Bang 20.00%
Venkata Gaggenapalli 8.00%

Management

Pavan Bang
MD & CEO
Gudla Rao
CFO

Registrar & Lead Managers

Lead Managers (1)

Company Details

Name: Chiraharit Limited

Address: Malaxmi Courtyard, Survey No.
157, Khajaguda Village, Chitrapuri
Colony Post, Hyderabad,
Telangana, India, 500104

Number: +91 7738561210

Email: cs@chiraharit.com

Website: https://chiraharit.com/

Frequently Asked Questions (FAQs)

What is Chiraharit IPO?
Chiraharit IPO is a SME IPO having an issue size of ₹31 Crs. Chiraharit IPO is priced at ₹21 - ₹21 per share. The issue opens on 29 Sep 25 and closes on 03 Oct 25.
When will Chiraharit IPO open?
Chiraharit IPO opens on 29 Sep 25 and closes on 03 Oct 25.
What is the GMP of Chiraharit IPO?
The estimated Grey Market Premium of Chiraharit IPO is ₹0 per share (0.00%).
What is the lot size of Chiraharit IPO?
The minimum lot size of Chiraharit IPO is 6000 shares & the minimum application amount is Rs. 126000.
When is the allotment of Chiraharit IPO?
The allotment date of Chiraharit IPO is 06 Oct 25.
What is the listing date of Chiraharit IPO?
The listing date of Chiraharit IPO is 08 Oct 25.
What is the subscription of Chiraharit IPO?
Chiraharit IPO is subscribed -.
What is the price band of Chiraharit IPO?
Chiraharit IPO is priced at ₹21 - ₹21 per share.
How to check allotment status of Chiraharit IPO?
Click the allotment link on Chiraharit IPO page of IPO360.
How to apply Chiraharit IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Chiraharit IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Chiraharit IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Chiraharit IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date