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.
Price Band₹21 |
Dates29 Sep - 03 Oct |
GMP₹0 (0.00%) |
Subscriptions- |
Issue Size₹31.07 Crs |
Chiraharit IPO Objects
- Funding Capital Expenditure towards setting up HDPE Ball Valves and Fittings Manufacturing Unit
- Repayment of certain borrowings
- Working Capital Requirements
- General Corporate Expenses
Chiraharit IPO Details
Price Band₹21 |
Listing AtBSE SME |
IPO Issue TypeFixed Price |
Fresh Issue₹31.07 Cr (1.48 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹31.07 Cr (1.48 Cr Shares) |
Face Value₹1 per equity share |
Chiraharit IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Individual Investor |
Minimum
2
12,000
2,52,000
Maximum
2
12,000
2,52,000
|
|||
| Others |
Minimum
3
18,000
3,78,000
|
|||
Chiraharit IPO GMP
The estimated Grey Market Premium of Chiraharit IPO is ₹0 per share (0.00%)
Disclaimer: The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| Individual Investor | 50% of Net Offer |
| Other Investor | 50% of Net Offer |
| Market Maker | 7,44,000 EQ Shs |
Chiraharit IPO Financials
| 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 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | Values |
|---|---|
| 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.
Chiraharit IPO Peer Comparision
Chiraharit IPO Peer Comparision
Promoter Details
| Name | Shareholding |
|---|---|
| Tejaswini Yarlagadda | 72.00% |
| Pavan Bang | 20.00% |
| Venkata Gaggenapalli | 8.00% |
| Total | 100.00% |
Management Details
| Name | Designation |
|---|---|
| Pavan Bang | MD & CEO |
| Gudla Rao | CFO |
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/
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Find answers to common questions that come in your mind related to IPO.
Chiraharit IPO is a SME IPO having an issue size of Rs. ₹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.
Chiraharit IPO opens on 29 Sep 25 and closes on 03 Oct 25.
The estimated Grey Market Premium of Chiraharit IPO is ₹0 per share (0.00%).
The minimum lot size of Chiraharit IPO is 6000 shares & the minimum application amount is Rs. 126000.
The allotment date of Chiraharit IPO is 06 Oct 25.
The listing date of Chiraharit IPO is 08 Oct 25.
Chiraharit IPO is subscribed -.
Chiraharit IPO is priced at ₹21 - ₹21 per share.
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