247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Chavda Infra Limited IPO (Chavda Infra IPO) Details

Chavda Infra Limited is an Real Estate based company, located in Ahmedabad, Chavda Infra Limited IPO size was 43.26 Cr. and was issued at 65.00 per share. The share of Chavda Infra Limited were listed at 86.45 per share and are currently trading at 170.15 per share.

Type :
Sub Sector : Construction And Allied Services Across Residential And Commercial Projects
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
162.03 Cr.

PAT :
12.05 Cr.

Pricing Report

Issue Price :
65.00

Listing Price :
86.45

Current Market Price :
170.15

Issue Price vs CMP :
105.15 (161.77%)

listing Price vs CMP :
83.7 (96.82%)

Performance Report (CAGR* wise)

CAGR : 106.62
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Chavda Infra

Company Information
Chavda Infra is part of Chavda group. Founded by their visionary Promoter and Managing Director, Mr. Maheshbhai Gunavant Chavda, has experience of over 30 years in civil construction industry. Their promoter started from scratch as contractor for repair works in the civil construction industry. Their group has been working with wellknown architect of Ahmedabad namely Mr. Apoorva Amin for its contract construction services. They specialise in construction of residential and commercial projects on contract basis. Their Chairman and Managing Director, Mr. Mahesh Gunvantlal Chavda, was subscriber to the memorandum. Their promoters and directors are experienced businessmen, engaged with the company since incorporation. Driven by the passion for building an integrated construction company, backed by their experience, their promoter has been the pillars of the Company
Object of Issue
  • To Meet Working Capital Requirements
  • General Corporate Purposes
  • To meet Public Issue Expenses

Chavda Infra SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Sep, 2023
IPO Size :
43.26 Cr.
Market Cap :
160.26 Cr.   
IPO Subscription :
180.06 X     
PE Multiple :
13.29
IPO Registrar:
Kfin Technologies Limited

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FAQs

Chavda Infra operates in Real Estate and Construction And Allied Services Across Residential And Commercial Projects. The Issue is listed on NSE EMERGE in Sep, 2023. Chavda Infra IPO size was 43.26 Cr. with Issue price of 65.00 .

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 170.15.

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