Chiraharit IPO Listing at 20% discount at ₹16.80 Per Share

Wed Oct 08 2025

Click and Sign Up to Get Latest Updates on Chiraharit Limited

Chiraharit IPO Listing: The Chiraharit IPO was subscribed 1.88 times as of its closing. In this subscription, qualified institutional buyers (QIBs) received [.] times the allocation, and non-institutional investors (NIIs) received 0.79 times the allocation. The retail quota of the issue was subscribed to 47.49%. Before delving deeper into the topic, go through the details of the Chiraharit IPO.

Table of Contents

Chiraharit IPO Listing

On the BSE and SME, shares are listed at ₹16.80 per share, representing a 20% discount over the issue price of ₹21.

Chiraharit IPO Details

It is a book-building IPO of ₹31.07 crores, comprising an entirely fresh issue of ₹1.48 crores. The problem will be listed on BSE and SME on its tentative listing date, 8th October 2025.

The Chiraharit IPO date is fixed between 29th September 2025 and 3rd October 2025. The face value of Chiraharit’s IPO shares is ₹10 per share, and the IPO price is set at ₹21 per share.

IPO Open Date	29th September 2025
IPO Close Date	3rd October 2025
IPO Allotment Date	6th October 2025
Refund Initiation	7th October 2025
Issue Size	1,47,96,000 shares(aggregating up to ₹31.07 Cr)
Face Value	₹10 per share
Lot Size	6,000 shares
Issue Price Final	₹21 per share
Issue Type	Bookbuilding IPO
Listing At	BSE & SME
Listing Date	8th October 2025

About Chiraharit Limited

Chiraharit Limited was established in 2006. Chiraharit Limited provides innovative solutions across various sectors, with a focus on sustainability and quality. The company specialises 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 provides clean, safe water across diverse sectors, including farming irrigation, solar module cleaning, dust suppression in cement factories, and a 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 to ensure seamless project delivery and support sustainable energy solutions.

Chiraharit Limited Financials

The company’s financial analysis is essential before applying for the Chiraharit IPO. Refer to the table to learn about Chiraharit Limited’s financial information.

Year Ended	31st March 2025 (in cr.)	31st March 2024 (in cr.)	31st March 2023 (in cr.)
Assets	40.58	25.77	22.71
Revenue	59.80	30.57	33.03
Profit After Tax	6.02	0.60	0.42
Net Worth	9.57	3.31	2.32
EBITDA	9.76	2.36	1.69
Reserve and Surplus	5.57	3.06	2.32
Total Borrowing	20.22	16.30	15.92

Explanation

Chiraharit Limited’s revenue increased by 96% from ₹30.57 crores in March 2024 to ₹59.80 crores in March 2025. Moreover, the company’s PAT rose by 898% from ₹0.60 crores to ₹6.02 crores.

Download the Univest iOS App or Univest Android App to get daily stock recommendations and insightful research pieces!