IPO

Chiraharit Ltd. IPO

Chiraharit Ltd., established in 2006, operates in the Engineering - General sector. The company's IPO opened on September 29, 2025 and closed on October 1, 2025, with an issue price of ₹21. The ... Read more

Min Investment
₹ 1,26,000 / 6000 shares
Price Range
₹21
Bidding Dates
29 Sep '25 - 1 Oct '25
Total Issue Value
16.32 Cr
Lot Size
6,000
Total Issue Size
16.32 Cr
Listing At
NSE SME
Subscription
1.83 times
BSE Price
8.96 (-57.33%)

IPO Timeline

  • 29 Sep 2025
    Bidding Starts
  • 1 Oct 2025
    Bidding Ends
  • 6 Oct 2025
    Allotment Finalization
  • 8 Oct 2025
    Listing

About Chiraharit Ltd.

Incorporated in the year 2006, Chiraharit Limited is engaged into turnkey EPC (Engineering, Procurement and Construction) projects focusing on two broad segment viz Water-based and Renewable Energy-based. In the Water sector, our focus is on the efficient and reliable movement of piped water in ... Read more

Parent organisation
Founded
Chiraharit Ltd.
2006

Chiraharit Ltd. IPO Reservation

Investors Category Shares Offered
Market Makers 7,44,000 (9.58%)
Non Institutional Investors 70,26,000 (90.42%)
Retail Individual Investors (RIIs) 70,26,000 (90.42%)

Chiraharit Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2025 51.53 Cr 6.50 Cr 6.56 Cr
31 Mar 2024 23.62 Cr 1.03 Cr 3.81 Cr
31 Mar 2023 28.71 Cr 1.16 Cr 2.78 Cr

Chiraharit Ltd. Background

Our company was originally incorporated as a Private Limited Company under the name and style of “Brahmani Ventures Private Limited” in accordance with the Companies Act, 1956 pursuant to a Certificate of Incorporation issued by Registrar of Companies, Andhra Pradesh on August 04, ...

Read more

Major Events And Milestones
  • 2006
    Incorporation of Private Limited Company in the name of M/s. Brahmani Ventures Private Limited.
  • 2014
    Change in name from “Brahmani Ventures Private Limited” to “Chiraharit Agro Farms Private Limited”.
  • 2016
    First work order for Solar Module Cleaning System.
    Change in name from “Chiraharit Agro Farms Private Limited” to “Chiraharit Private Limited”.
    Appointed as a distributor for Lindsay Inc. USA, for Center Pivots (irrigation system) in India.
  • 2021
    Completion of 100th Solar Module Cleaning System Project.
  • 2023
    Appointed as a distributor for Norma Group, Germany, for Electrofusion fittings, expanding our product offerings.
  • 2024
    Purchase Order for Largest Single-Location Solar Module Cleaning System Project (2500 MW).
    Change in name from “Chiraharit Private Limited” to “Chiraharit Limited” pursuant to conversion of our Company from Private Limited to Public Limited Company
Chiraharit Ltd. Object of Issues

1. Funding Capital Expenditure towards setting up HDPE Ball Valves and Fittings Manufacturing Unit
2. Repayment and/or pre-payment, in full or part, of certain borrowings
3. Working Capital Requirements
4. General Corporate Expenses

Chiraharit Ltd. IPO Listing Details
Listing Date
8 Oct 2025
ISIN
INE12P101018
Final Issue Price
₹ 21
Chiraharit Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 21.00 -
Open ₹ 16.80 -
Low ₹ 15.96 -
High ₹ 16.80 -
Last Trade ₹ 15.96 -
Chiraharit Ltd. Company Promoters

1. Mr. Pavan Kumar Bang
2. Mr. Venkata Ramana Reddy Gaggenapalli
3. Mrs. Tejaswini Yarlagadda

Industry Overview

Solar Panel Cleaning Market Size was valued at USD 0.8 Billion in 2022. The Solar Panel Cleaning market industry is projected to grow from USD 0.85 Billion in 2023 to USD 1.47 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7.00% during the forecast period (2024 - 2032). ... Read more

Chiraharit Ltd. Contact Details
Address: Malaxmi Courtyard, Survey No. 157, Khajaguda Village, Chitrapuri Colony Post, Hyderabad Telangana - 500104
Phone no:8106965151
8106965151
|
Chiraharit Ltd. IPO Registrar
Bigshare Services Pvt. Ltd.
S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri East, Mumbai Maharashtra - 400093
62638200
Chiraharit Ltd. IPO Lead Manager(s)
Finshore Management Services Ltd.
Anandlok, Block-A, 2nd Floor, Room No. 207, 227 A.J.C. Bose Road, Kolkata West Bengal - 700020
22895101

FAQs

When does Chiraharit Ltd. IPO opens and closes?

Chiraharit Ltd. IPO opens from 29th September to 1st October 2025.

What is the size of Chiraharit Ltd. IPO?

The size of the Chiraharit Ltd. IPO is ₹16.32 Cr.

What is the minimum investment and lot size required for the Chiraharit Ltd. IPO?

The minimum investment required is ₹1,26,000 and minimum lot size is 6000 shares.

When is Chiraharit Ltd. IPO listing date?

The Chiraharit Ltd. IPO will be listed on 8th October 2025.

What is the objective of Chiraharit Ltd. IPO?

1. Funding Capital Expenditure towards setting up HDPE Ball Valves and Fittings Manufacturing Unit
2. Repayment and/or pre-payment, in full or part, of certain borrowings
3. Working Capital Requirements
4. General Corporate Expenses

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+