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
To be updated soon
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/