| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹31.07 Cr |
| Reserved for Market Maker | ₹1.56 Cr |
| Net Issue Size | ₹31.07 Cr |
| Fresh Issue | ₹29.51 Cr |
| Face Value | โน1 Per Equity Share |
| Issue Price | โน21.00 per share |
| BSE Code | 544561 |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Finshore Management Services Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 12,000 shares ยท Multiples of 6,000 shares
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:
Competitive Strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding Capital Expenditure towards setting up HDPE Ball Valves and Fittings Manufacturing Unit | 5.26 |
| 2 | Repayment and/or pre-payment, in full or part, of certain borrowings | 3.90 |
| 3 | Working Capital Requirements | 14.13 |
| 4 | Issue Related Expenses | 3.11 |
| 5 | General Corporate Expenses | 4.66 |
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 40.58 | 25.77 | 22.71 |
| Total Income | 59.80 | 30.57 | 33.03 |
| Profit After Tax | 6.02 | 0.60 | 0.42 |
| EBITDA | 9.76 | 2.36 | 1.69 |
| NET Worth | 9.57 | 3.31 | 2.57 |
| Reserves and Surplus | 5.57 | 3.06 | 2.32 |
| Total Borrowing | 20.22 | 16.30 | 15.92 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2025 |
|---|---|
| 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 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 1.51 | 1.10 |
| P/E (x) | 13.95 | 19.11 |
| Promoter Holding | 100% | 73% |
| Market Cap | โน115.07 Cr. | |