Chavda Infra are 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. They provide our services across the construction value chain, ranging from planning and design to construction and post-construction activities to their clients. The company is ISO 9001:2015 certified for quality management systems by BCQ Assessment Private Limited. The quality certification is for the construction of commercial, residential, and institutional buildings.
They have in-house capabilities to deliver a project from conceptualization to completion with a fast turnaround time from acquisition to launch to completion, which focuses on de-risking and improving return on investment. Their core competence lies in professionally managing the real estate value chain and attracting and retaining talent to maximize value creation.
Since incorporation, Chavda Infra 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, are commercial projects. AIS Toddler’s Den, Nirma University, and Zydus School & Excellence, being institutional projects.
Objects of the Issue:
- To Meet Working Capital Requirements
- General corporate purposes
- To meet Public Issue Expenses.
Chavda Infra IPO Review
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Chavda Infra IPO Date & Price Band Details
| IPO Open: | September 12, 2023 |
| IPO Close: | September 14, 2023 |
| IPO Size: | Approx ₹43.26 Crores, 6,656,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹60 to ₹65 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Chavda Infra IPO Market Lot
The Chavda Infra IPO minimum market lot is 2000 shares with a ₹130,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2000 | ₹130,000 |
| Retail Maximum | 1 | 2000 | ₹130,000 |
| S-HNI Minimum | 2 | 4000 | ₹130,000 |
Chavda Infra IPO Dates
The Chavda Infra IPO date is September 11 and the IPO close date is September 14. The IPO allotment date is September 2023 and the IPO might list on September 2023.
| IPO Open Date: | September 12, 2023 |
| IPO Close Date: | September 14, 2023 |
| Basis of Allotment: | September 20, 2023 |
| Refunds: | September 21, 2023 |
| Credit to Demat Account: | September 22, 2023 |
| IPO Listing Date: | September 25, 2023 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Chavda Infra IPO Form
How to apply Chavda Infra IPO? You can apply Chavda Infra IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Chavda Infra IPO in the Invest section. The other option you can apply Chavda Infra IPO via IPO forms download via the NSE website. Check out the Chavda Infra forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Chavda Infra Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹91.31 | ₹85.24 | ₹4.44 |
| 2022 | ₹109.88 | ₹102.55 | ₹5.21 |
| 2023 | ₹162.03 | ₹145.25 | ₹12.05 |
Chavda Infra IPO Valuation – FY2023
Check Chavda Infra IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹6.69 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 39.62% |
| Net Asset Value (NAV): | ₹16.89 per Equity Share |
Peer Group
- PSP Projects Limited
- Ahluwalia Contracts (India) Limited
Company Promoters
- Mr. Mahesh Gunvantlal Chavda
Chavda Infra IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://karisma.kfintech.com/
Chavda Infra IPO Allotment Status
Check Chavda Infra IPO allotment status on KFin Technologies website URL. Click Here
Chavda Infra IPO Lead Managers aka Merchant Bankers
- Beeline Capital Advisors Pvt. Ltd
Company Address
Chavda Infra Limited
Binori B Square 1,
Shop Np 304 – 307, 406 & 407,
Opp. Hathisingh Wadi,
Ambli – Bopal Road,
Ahmedabad – 380058
Phone – +91 79489 26087
Email : [email protected]
Website: https://chavdainfra.com/
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