Issue Price
₹21
Per Share
GMP
NIL
Grey Market
Est. Listing
₹21
Expected Price
Min. Application
₹252,000
2 lots × 6000 shares
Incorporated in 2006, Chiraharit Limited is engaged in providing innovative solutions across various sectors, focusing on sustainability and quality.The company specializes in turnkey EPC projects, focusing on water-based and renewable energy sectors, delivering innovative, sustainable solutions tailored to meet project-specific challenges for optimal performance.The company delivers clean, safe water across diverse sectors, from farming irrigation to solar module cleaning, dust suppression in cement factories, and reliable water supply for residential housing projects.In the renewable energy sector, the company focuses on constructing Compressed Bio-Gas (CBG) plants, providing turnkey execution for civil, mechanical, and pumping systems, ensuring seamless project delivery and supporting sustainable energy solutions.Services:Water: Solar Module Cleaning Systems, Irrigation Solutions for Agriculture and Landscape, Water Pipeline Solutions for Industrial and Residential Projects, HDPE, UPVC, CPVC, PVC, Sprinkler Pipes and Fittings.Renewable Energy: Construction of Compressed Bio Gas PlantsConstruction: Construction of Industrial and Residential ProjectsCompetitive Strengths:Diversified Service PortfolioExperienced Promoters and Directors with extensive domain knowledgeRobust Order Book: 51.38 crore as on August 31, 2025.Strong Project Execution CapabilitiesStrategic Partnerships Strengthening the Capabilities and Delivering ExcellenceCommitment to Quality Assurance and Standards
Chiraharit Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 744,000 | — | ₹1.56 Cr | — |
| TOTAL | 14,796,000 | 100.00% | ₹31.07 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹126,000 |
| Retail (Max) | 13 | 78,000 | ₹1,638,000 |
| sNII (Min) | 14 | 84,000 | ₹1,764,000 |
| bNII (Min) | 68 | 408,000 | ₹8,568,000 |
| Particulars | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 59.80 | 30.57 | 33.03 |
| EBITDA | 9.76 | 2.36 | 1.69 |
| Profit After Tax (PAT) | 6.02 | 0.60 | 0.42 |
| Net Worth | 9.57 | 3.31 | 2.57 |
| Total Assets | 40.58 | 25.77 | 22.71 |
| Reserves & Surplus | 5.57 | 3.06 | 2.32 |
| Total Borrowings | 20.22 | 16.30 | 15.92 |