Chiraharit Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 7,026,000 (47%) | — | ₹1,475 Cr |
| Retail | — | 7,026,000 (47%) | — | ₹1,475 Cr |
| Market Maker | — | 744,000 (5%) | — | ₹16 Cr |
| Σ Total | — | 14,796,000 (100%) | — | ₹31,072 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹126,000 |
| Retail (Max) | 13 | 78,000 | ₹1,638,000 |
| S-HNI (Min) | 14 | 84,000 | ₹1,764,000 |
| B-HNI (Min) | 67 | 402,000 | ₹8,442,000 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 60 | 31 | 33 |
| EBITDA | 10 | 2 | 2 |
| Profit After Tax | 6 | 1 | 0 |
| Net Worth | 10 | 3 | 3 |
| Total Assets | 41 | 26 | 23 |
| Reserves & Surplus | 6 | 3 | 2 |
| Total Borrowing | 20 | 16 | 16 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding Capital Expenditure towards setting up HDPE Ball Valves and Fittings Manufacturing Unit – 5.26
- Repayment and/or pre-payment, in full or part, of certain borrowings – 3.90
- Working Capital Requirements – 14.13
- Issue Related Expenses – 3.11
- General Corporate Expenses – 4.66
Company Overview
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
Competitive Strengths:
- Diversified Service Portfolio
- Experienced Promoters and Directors with extensive domain knowledge
- Robust Order Book: 51.38 crore as on August 31, 2025.
- Strong Project Execution Capabilities
- Strategic Partnerships Strengthening the Capabilities and Delivering Excellence
- Commitment to Quality Assurance and Standards