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Chiraharit IPO is a Fixed Price IPO listing on BSE SME exchange, with an ipo size of ₹ 31.07 Cr. The company is based in Hyderabad and caters to Engineering - EPC sector. Finshore Management Services is the merchant banker of Chiraharit IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 29th March 2025. Chiraharit IPO open date is 29th September 2025 and close date is 3rd October 2025. IPO Allotment Date is 6th October 2025 and Listing date is 8th October 2025.
IPO
Size:
₹ 31.07 Cr.
Avg IPO Size (Sector Based)
: ₹
30.78 cr.
Sector: Engineering - EPC
SME
IPO so far:
26
Merchant Banker:
Finshore Management
SME
IPO by BRLM so far:
54
City:
Hyderabad
SME
IPO so far:
26
Revenue (annualised):
₹
119.26
cr. 
PE
Ratio:
19.11x
Average Sector PE Ratio: 13.85x
Chiraharit IPO size is ₹ 31.07 Cr. with IPO price of ₹ 21.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
| Particulars | Amount |
|---|---|
| Funding Capital Expenditure for setting up of HDPE Ball Valves and Fittings Manufacturing Unit | 5.26 |
| Repayment and/or pre-payment, in full or part, of certain borrowings | 3.90 |
| To meet Working Capital Requirements | 14.13 |
| To meet the Issue Expenses | 3.11 |
| General Corporate Purposes | 4.66 |
Finshore Management Services Limited is the book-running lead manager of the Chiraharit IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Anant Securities for Chiraharit IPO.
Chiraharit IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Chiraharit IPO, based in Hyderabad, operates in the Engineering - EPC sector with a focus on EPC (Engineering, Procurement and Construction) projects. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Chiraharit IPO size is ₹ 31.07 Cr. with fresh issue size of ₹ 31 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Chiraharit IPO is expected to be 6th October 2025, after the finalization of basis of allotment. Investors can check Chiraharit IPO allotment status on the registrars website, Bigshare Services Private Limited . Chiraharit IPO refund dates are 7th October 2025.
Chiraharit IPO is expected to be listed on 8th October 2025.
The upper price band for the Chiraharit IPO is set at ₹ 21.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Chiraharit IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Chiraharit IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 3rd October 2025. After submission, funds are blocked until the basis of allotment of Chiraharit IPO is finalised.
The merchant banker for Chiraharit IPO is Finshore Management Services Limited . Finshore Management Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Chiraharit IPO RHP for further details.
The registrar for Chiraharit IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Chiraharit IPO through their official website or helpline.
Chiraharit IPO was subscribed 1.88 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
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IPO
Size:
₹ 31.07 Cr.
Avg IPO Size (Sector Based)
:
₹ 30.78 Cr.
Sector: Engineering - EPC
SME
IPO so far:
26
Merchant Banker:
Finshore Management
SME
IPO by BRLM so far:
54
City:
Hyderabad
SME
IPO so far:
26
Revenue (annualised):
₹ 119.26 cr.
PE
Ratio:
19.11x
Average Sector PE Ratio: 13.85x
Chiraharit IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Chiraharit Financial Review Page
Merchant Banker(s) of Chiraharit IPO: Finshore Management Services Limited
Chiraharit IPO subscription was 1.88 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Chiraharit IPO listed at a listing price of 16.80 against the offer price of 21.00.
The current market price of Chiraharit is 15.96.
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