Chiraharit Limited IPO

Chiraharit Limited IPO

SME BSE SME Fixed Price
Closed

Price Band

₹21

Total Issue

₹31.07 Cr

Bid Dates

29 Sep - 03 Oct

Subscription

-

Est. GMP

₹0 (0.00%)

Website RHP Check Allotment

Tentative Timetable

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.

Lot Info

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

Issue Size

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

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

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

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

KPIs

EBITDA

16.36%

PAT

10.10%

RONW

62.91%

ROCE

32.29%

Debt to Equity

2.11

PE Ratio

13.91

PB Ratio

8.79

Mkt Cap (in Crs.)

115.07

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

Shareholding

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)

Subscription Status

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

BSE SME Subscription Status for Chiraharit IPO
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

Frequently Asked Questions

What is Chiraharit IPO?
Chiraharit IPO is a SME IPO having an issue size of ₹31.07 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