Chiraharit IPO

1.93x

subscribed

Chiraharit IPO

Engineering
listed
₹2.52LMin. investment
  1. Pre-apply
    26 Sep
  2. Bid start
    29 Sep
  3. Bid end
    3 Oct
  4. Allotment
    6 Oct
  5. Release of funds
    7 Oct
  6. Demat transfer
    7 Oct
  7. Listing
    8 Oct

About Chiraharit Limited

SectorEngineering
Price range₹21.00 – ₹21.00
IPO type
SME
Lot size6000 shares
Issue size₹31Cr
Red Herring Prospectus
Read
Market Cap
₹115.07CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹59.62CrLower than sector avg
Growth rate3Y CAGR
34.66%Higher than sector avg

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
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

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Revenue
Higher revenue means strong sales and good market demand
This IPO
₹59.62Cr
This sector
₹342.41Cr
Compare with companies
3Y growth
Strong 3-year growth shows consistent progress and potential
This IPO
34.66%
This sector
0.01%
Compare with companies
PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹6.02Cr
This sector
₹38.53Cr
Compare with companies
Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹115.07Cr
This sector
₹1,862.48Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
13.91
This sector
31.54
Compare with companies
D/E ratio
Lower ratio usually means fewer liabilities
This IPO
2.11
This sector
0.53
Compare with companies

Objectives

Working capital
45.48%
General corporate purposes
25.05%
Capital expenditure
16.92%
Repayment of loan
12.55%

About Chiraharit Limited

Hyderabad-based Chiraharit Limited is an engineering, procurement and construction (EPC) organisation, specialising in turnkey projects focusing on two broad segments: water-based, which focus on piped irrigation, drinking water supply projects and Renewable Energy, which focus on the construction of compressed bio-gas (CBG) plants. The company had an order book of over ₹51.38 crore as of August 2025. In FY25, solar cleaning systems (50.85%), water pipelines (14.90%), HDPE fittings (14.12%), bio-gas plants (11.47%), civil projects (4.84%), and irrigation (3.81%) contributed to the revenue, with 99.46% of revenue coming from private clients. Major markets included Gujarat (29.61%), Telangana (18.89%), Maharashtra (14.74%), and Rajasthan (13.59%).

IPO Subscription Status

Date
QIB
NII
Retail
Total
29-Sep-25
0.0 times (X)
0.02 times (X)
0.07 times (X)
0.1 times (X)
30-Sep-25
0.0X
0.06X
0.34X
0.25X
01-Oct-25
0.0X
0.23X
1.31X
0.83X
02-Oct-25
0.0X
0.23X
1.31X
0.83X
03-Oct-25
0.0X
0.66X
3.02X
1.93X

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Chiraharit IPO ?

The issue size of the Chiraharit IPO is 31 Cr.

What is 'pre-apply' for Chiraharit IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Chiraharit IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.