IPO IPO-Synopsis
Chiraharit Ltd

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Registered Office: Malaxmi Courtyard Survey #.157,Khajaguda Village Chitrapuri , Hyderabad - 500104 , Telangana , India.
Phone : +91 77385 61210   Fax:
Email :  cs@chiraharit.com  
Website :  https://chiraharit.com/
Initial public offer of up to 1,47,96,000 equity shares of face value of Re. 1/- each ("Equity Shares") of Chiraharit Limited (the "Company" or the "Issuer") for cash at a price of Rs21/- per equity share, including a share premium of Rs20/- per equity share (the "Issue Price"), aggregating to Rs31.07 crores ("the Issue"), of which 7,44,000 equity shares of face value of Re. 1/- each for cash at a price of Rs21/- per equity share, aggregating to Rs1.56 crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 1,40,52,000 equity shares of face value of Re. 1/- each for cash at a price of Rs21/- per equity share, aggregating to Rs29.51 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 27.00 % and 25.64 % respectively of the post issue paid-up equity share capital of the company. Price Band: Rs21/- for equity share of face value of Rs1 each. The floor price is 21 times times the face value of the face value of the equity shares. Bids can made for a minimum of 12,000 equity shares and in multiples of 6,000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
29-Sep-25 03-Oct-25 Rs21.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :12000  Further Multiples of :6000

  Rs Cr Lead Managers to the Issue
Project Cost 34.80
Finshore Management Services Ltd
Project Financed through Current Offer 31.07  
Post Issue Equity Share Capital 5.48  
Issue Price Rs21.00  
Projects
Funding capital expenditure towards setting up HDPE Ball Valves and Fittings Manufacturing UnitIssue Related Expenses
Repayment and/or pre-payment in full or part of certain borrowingsGeneral Corporate Expenses
Working capital requirements
Promoted By
Pavan Kumar Bang
Tejaswini Yarlagadda
Venkata Ramana Reddy Gaggenapa
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd