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Chavda Infra IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Ahmedabad and caters to Real Estate sector. Beeline Capital Advisors Private is the merchant banker of Chavda Infra IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 15th June 2023.
Chavda Infra IPO open date is 12th September 2023 and close date is 14th September 2023. IPO Allotment Date is 20th September 2023 and Listing date is 25th September 2023.Chavda Infra IPO size is Rs 43.26 Cr. crores with IPO price of Rs 65.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Beeline Capital Advisors Private Limited is the book-running lead manager of the Chavda Infra IPO. Kfin Technologies Limited is the Registrar and Market Maker is Spread X Securities Private Limited for Chavda Infra IPO.
Chavda Infra IPO anchor investors are the below investors. The number of anchor investors in this IPO is 7.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Rajasthan Global Securities | 308,000.00 | ₹65.00 | ₹20,020,000.00 |
| Nav Capital Vcc | 512,000.00 | ₹65.00 | ₹33,280,000.00 |
| LRSD Securities Private | 154,000.00 | ₹65.00 | ₹10,010,000.00 |
| Moneywise Financial Services | 154,000.00 | ₹65.00 | ₹10,010,000.00 |
| Neomile Growth Fund | 154,000.00 | ₹65.00 | ₹10,010,000.00 |
| Morgan Stanley Asia | 460,000.00 | ₹65.00 | ₹29,900,000.00 |
| Acintyo Investment Fund | 154,000.00 | ₹65.00 | ₹10,010,000.00 |
Chavda Infra IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Chavda Infra IPO, based in Ahmedabad, operates in the Real Estate sector with a focus on Construction and allied services across residential and commercial projects. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Chavda Infra IPO size is ₹ 43.26 Cr. Crores with fresh issue size of Rs 43.26 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Chavda Infra IPO is expected to be 20th September 2023, after the finalization of basis of allotment. Investors can check Chavda Infra IPO allotment status on the registrars website, Kfin Technologies Limited. Chavda Infra IPO refund dates are 21st September 2023.
Chavda Infra IPO is expected to be listed on 25th September 2023.
The upper price band for the Chavda Infra IPO is set at ₹ 65.00 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 Chavda Infra 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 Chavda Infra 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 14th September 2023. After submission, funds are blocked until the basis of allotment of Chavda Infra IPO is finalised.
The merchant banker for Chavda Infra IPO is Beeline Capital Advisors Private Limited . Beeline Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Chavda Infra IPO RHP for further details.
The registrar for Chavda Infra IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Chavda Infra IPO through their official website or helpline.
Chavda Infra IPO was subscribed 180.06 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 43.26 Cr.
Avg IPO Size (Sector Based)
:
₹ 14.26 Cr.
Sector: Real Estate
SME IPO so far:
35
Merchant Banker:
Beeline Capital
SME IPO by BRLM so far:
47
City:
Ahmedabad
SME IPO so far:
174
Revenue (annualised):
₹ 161.88 cr.
PE
Ratio:
13.29x
Average Sector PE Ratio: 21.14x
Chavda Infra IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Chavda Infra Financial Review Page
Merchant Banker(s) of Chavda Infra IPO: Beeline Capital Advisors Private Limited
Chavda Infra IPO subscription was 180.06 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.
Chavda Infra IPO listed at a listing price of 86.45 against the offer price of 65.00.
The current market price of Chavda Infra is 145.80.
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