Skip to main content
Chavda Infra Limited

Chavda Infra Limited

listed
₹1.20LMin. investment

Chavda Infra Limited IPO Details

Price range₹60.00 – ₹65.00
IPO type
SME
Lot size2000 shares
Issue size₹43.26Cr
RHP/DRHP
Read

Chavda Infra Limited Timeline

  1. Bid start
    12 Sep 2023
  2. Bid end
    14 Sep 2023
  3. Allotment
    14 Sep 2023
  4. Release of funds
    21 Sep 2023
  5. Demat transfer
    20 Sep 2023
  6. Listing
    25 Sep 2023

About Chavda Infra Limited IPO :

Incorporated in 2012, Chavda Infra Limited is a part of the Chavda group and specialises in construction and allied services across residential and  commercial projects.
They are an integrated civil construction company offering a diversified range of construction and allied services across residential, commercial and institutional projects in Gujarat, especially in Ahmedabad and Rajkot. The Company  provides services across the construction value chain, ranging from planning and design to construction and post-construction activities.
The company is ISO 9001:2015 certified for quality management systems by BCQ Assessment Private Limited. The quality certification is towards construction of commercial, residential, institutional buildings.
The company’s  major source of revenue is from 3 major business verticals: Contracting Services, Development Services and  Commercial Renting Services.
The Company has constructed well-known buildings in Ahmedabad namely Straft Laxuria, Shivalik Parkview and Shivalik Sharda Harmony, being residential projects. AAA Corporate House, Sadbhav House, Solitaire Sky, Sandesh Press, Suyash Solitaire and Solitaire Connect, being commercial projects. AIS Toddler’s Den, Nirma University (old Building) and Zydus School & Excellence, being institutional projects.
As of May 31, 2023, the company has 26 on-going projects worth approximately ₹ 60,139 lakhs, suggesting a strong order book. Out of 26 on-going projects 4 are commercial Projects, 4 are institutional projects and 18 are residential projects.
Now, Chavda Infra Limited is coming out with its initial public offer (IPO).  The IPO will be a fresh issue. The money raised will be utilised to meet working capital requirements, fund General corporate purposes and meet public issue expenses.

Here are key details about the Chavda Infra Limited IPO :

Company NameChavda Infra Limited  Company TypePrivate
IPO TypeSME

Checklist

Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Chavda Infra Limited Contact Details

Company NameChavda Infra Limited

How to apply for Chavda Infra Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Chavda Infra IPO FAQs