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 Review & Key Points
- Review:
Chiraharit IPO Market Lot
The Chiraharit IPO minimum market lot is 12,000 shares with ₹2,52,000 application amount.
| 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 date is September 29 and the close date is October 3. The Chiraharit IPO allotment will be finalized on October 6 and the IPO listing on 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 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
Chiraharit Limited, founded in 2006, is one of the growing companies involved in offering innovative solutions spanning many industries. The company focuses on offering complete EPC (Engineering, Procurement, and Construction) projects in two main areas: Water and Renewable Energy. They have been committed to offering an innovative and wide range of solutions that are designed to meet the unique challenges of each project, focusing on offering sustainability and quality.
The name Chiraharit means “Chira” (Always) and “Harit” (Green) in Sanskrit, which showcases the strong commitment to protecting greenery by building water systems and green energy projects. In the water-based segment, they focus on efficient and reliable piped water movement.. While in the renewable energy segment, they focus on building Compressed Bio-Gas (CBG) plants. As of August 31, 2025, the company has shown a strong order book of 51.38 crore.
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 valuations detail like Earning Per Share (EPS), Price/Earning 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/Earning 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.
Company Address
Chiraharit Ltd.
Malaxmi Courtyard, Survey No. 157,
Khajaguda Village,
Chitrapuri Colony Post,
Hyderabad, Telangana, 500104
Phone: +91 7738561210
Email: [email protected]
Website: https://chiraharit.com/
IPO Registrar
Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/IPO_Status.html
Chiraharit IPO FAQs
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Note: The Chiraharit IPO price band and date are officially announced. The (Chiraharit IPO grey market premium) will be added to the IPO GMP page as it will start).
