Chiraharit IPO Details
| Detail | Description |
|---|---|
| IPO Date | September 29, 2025 to October 3, 2025 |
| Listing Date | [.] |
| Face Value | ₹ 1 per share |
| Issue Price Band | ₹ 21 per share |
| Lot Size | 6,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 1,47,96,000 shares |
| Reserved for Market Maker | 7,44,000 shares |
| Fresh Issue(Ex Market Maker) | 1,40,52,000 shares |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 4,00,00,000 shares |
| Share Holding Post Issue | 5,47,96,000 shares |
About Chiraharit IPO
Chiraharit IPO is a fixed price issue of INR 31.07 crores. The issue consists entirely of a fresh issue totaling 1.48 crore shares. The price per share is INR 21. Lot size for an application is INR 6,000. The minimum investment required by an individual investor is INR 2,52,000 (12,000 shares). IPO bidding opened on Sep 29, 2025 and closed on October 3, 2025. The IPO will be listed on the BSE SME with the tentative listing date on Oct 8, 2025.
Company Background
Chiraharit Ltd. was incorporated in 2006 and is a part of the Malaxmi Group, based in Hyderabad. The company specializes in engineering, procurement and construction (EPC) projects, with a focus on water-based and renewable energy sectors. Chiraharit's mission is to deliver sustainable solutions that fulfill client requirements while promoting a clean and green environment. The Malaxmi group’s philosophy centers on the holistic integration of mind, body and soul to achieve these goals.
Conclusion
Chiraharit IPO offers a chance to invest in a growing company that is consistent in revenue growth and profitability. The company’s major focus is on operational efficiency and securing a strong order book and expansion across more cities. The aim of Chiraharit is fundraising, market expansion, enhancing working capital, and offering diversified services. The IPO proceeds will be utilized for capital expenditure, working capital requirements and general corporate purposes. They emphasize accountability and trust with both investors and clients.
Chiraharit IPO Financial Information
Latest Revenue
59.80
₹ Crore
Profit After Tax
6.02
₹ Crore
Net Worth
9.57
₹ Crore
Total Borrowing
20.22
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Total Borrowing | ||||
|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2025 | 40.58 | 59.80 | 6.02 | 9.57 | 20.22 | ||||
| 31 Mar 2024 | 25.77 | 30.57 | 0.60 | 3.31 | 16.30 | ||||
| 31 Mar 2023 | 22.71 | 33.03 | 0.42 | 2.57 | 15.92 | ||||
| Amount in ₹ Crore | |||||||||
Chiraharit Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 62.91% |
| ROCE | 32.29% |
| Debt/Equity | 2.11 |
| RoNW | 62.91% |
| PAT Margin | 10.10% |
| EBITDA Margin | 16.36% |
| Price to Book Value | 8.79 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 1.51 | 1.10 |
| P/E (x) | 13.95 | 19.11 |
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Competitive Strengths
The management and technical teams are experienced. They offer strong project execution and deliver good results efficiently.
Long-standing relationships with suppliers, subcontractors and technology providers.
Download regulatory filings
Chiraharit IPO Timeline
| IPO Open Date | Mon, Sep 29, 2025 |
| IPO Close Date | Fri, Oct 3, 2025 |
| Tentative Allotment | Mon, Oct 6, 2025 |
| Initiation of Refunds | Tue, Oct 7, 2025 |
| Credit of Shares to Demat | Tue, Oct 7, 2025 |
| Tentative Listing Date | Wed, Oct 8, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Oct 3, 2025 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 12,000 | ₹2,52,000 |
| Individual investors (Retail) (Max) | 2 | 12,000 | ₹2,52,000 |
| HNI (Min) | 3 | 18,000 | ₹3,78,000 |