Chiraharit IPO Date, Review, Price, Allotment Details
Chiraharit IPO will open on September 29, 2025, and close on October 3, 2025. It is a Fixed Price Issue, through which the company plans to raise approximately ₹31.07 crores. The issue comprises a fresh issue of ₹31.07 crores with a face value of ₹1 per share.
The IPO price is fixed at ₹21 per share, with allocation divided as 50% for retail investors and 50% for HNIs, while there is no quota for QIBs. The allotment is expected on October 6, 2025, and the IPO will be listed on BSE SME on October 8, 2025.
Financially, the company has shown strong growth, with revenue increasing from ₹30.57 crores in 2024 to ₹59.80 crores in 2025. Net profit surged to ₹6.02 crores in 2025, up from ₹0.60 crores in 2024. Based on these results, the IPO appears attractive for long-term investors.
Chiraharit IPO Details
| IPO Open Date | September 29, 2025 |
| IPO Close Date | October 3, 2025 |
| Face Value | ₹1 Per Equity Share |
| IPO Price Band | ₹21 Per Share |
| Issue Size | Approx ₹31.07 Crores |
| Fresh Issue | Approx ₹31.07 Crores |
| Issue Type | Fixed Price Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Chiraharit IPO Market Lot
The minimum market lot for the Chiraharit IPO is 12,000 shares, requiring an application amount of ₹2,52,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 12,000 | ₹2,52,000 |
| Retail Maximum | 2 | 12,000 | ₹2,52,000 |
| S-HNI Minimum | 3 | 18,000 | ₹3,78,000 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Market Maker Shares Offered | 7,44,000 | 5.03% |
| NII Shares Offered | 70,26,000 | 47.49% |
| Retail Shares Offered | 70,26,000 | 47.49% |
Chiraharit IPO Dates
The Chiraharit IPO opens on September 29 and closes on October 3. The allotment will be finalized on October 6, with the listing scheduled for October 8.
| IPO Open Date: | September 29, 2025 |
| IPO Close Date: | October 3, 2025 |
| Basis of Allotment: | October 6, 2025 |
| Refunds: | October 7, 2025 |
| Credit to Demat Account: | October 7, 2025 |
| IPO Listing Date: | October 8, 2025 |
| IPO Bidding Cut-off Time: | October 3, 2025 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Mr. Pavan Kumar Bang, Mrs. Tejaswini Yarlagadda, and Mr. Venkata Ramana Reddy Gaggenapalli.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 4,00,00,000 | 100% |
| Promoter Holding Post Issue | 5,47,96,000 | 73% |
Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
| Funding Capital Expenditure towards setting up the HDPE Ball Valves and Fittings Manufacturing Unit | 5.26 |
| Repayment and/or pre-payment, in full or part, of certain borrowings | 3.9 |
| Working Capital Requirements | 14.13 |
| Issue Related Expenses | 3.11 |
| General Corporate Expenses | 4.66 |
About Chiraharit IPO
Founded in 2006, Chiraharit Limited is a growing company providing innovative solutions across multiple industries, specializing in Engineering, Procurement, and Construction (EPC) projects in the water and renewable energy sectors. The company is committed to delivering sustainable, high-quality solutions tailored to the unique challenges of each project, combining innovation with efficiency and reliability.
The name Chiraharit—derived from the Sanskrit words “Chira” (Always) and “Harit” (Green)—reflects the company’s dedication to environmental sustainability through water systems and green energy initiatives. In the water segment, Chiraharit focuses on efficient piped water solutions, while in renewable energy, it develops Compressed Bio-Gas (CBG) plants. As of August 31, 2025, the company maintains a robust order book valued at ₹51.38 crore, highlighting its strong market presence and growth potential.
Chiraharit IPO Company Financial Report
Amount in Crores (₹)
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹33.03 | ₹31.20 | ₹0.42 | ₹22.71 |
| 2024 | ₹30.57 | ₹28.21 | ₹0.60 | ₹25.77 |
| 2025 | ₹59.80 | ₹49.87 | ₹6.02 | ₹40.58 |
Chiraharit IPO Valuation FY2025
Check Chiraharit IPO valuation details like Earnings Per Share (EPS), Price/Earnings (P/E) Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 62.91% |
| ROCE: | 32.29% |
| EBITDA Margin: | 16.36% |
| PAT Margin: | 10.10% |
| Debt-to-equity ratio: | 2.11 |
| Earning Per Share (EPS): | ₹1.51 (Basic) |
| Price/Earnings (P/E) Ratio: | 13.95 |
| Return on Net Worth (RoNW): | 62.91% |
| Net Asset Value (NAV): | ₹2.39 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Polysil Irrigation Systems Limited | (1.63) | (112.15) | (8.15%) | 20.03 | 13.89 Cr. |
IPO Lead Managers aka Merchant Bankers
- Finshore Management Services Ltd.
IPO Registrar
Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Company Address
Chiraharit Ltd.
Malaxmi Courtyard, Survey No. 157,
Khajaguda Village,
Chitrapuri Colony Post,
Hyderabad, Telangana, 500104
Phone: +91 7738561210
Email: cs@chiraharit.com
Website: https://chiraharit.com/