Chavda Infra IPO will be Open on 12 September 2023 and closes on 14 September 2023. The company has fixed the price of this IPO at ₹65 according to the face value of ₹10. The company will raise ₹43.26 Crores through this IPO under the 6,656,000 Equity Shares public issue, and the offer is 100% Book Built Issue. The company reserve quota in this IPO 50% for QIB 15% for NII and 35% Retail Investor. You can check Chavda Infra IPO GMP here.
Chavda Infra Limited is part of Chavda group. Chavda Infra Limited is a civil construction industry. The company provides integrated civil construction company offering a diversified range of construction and allied services across residential, commercial and institutional projects in Gujarat. The compny specialise in construction of residential and commercial projects on contract basis. The company provide services across the construction value chain, ranging from planning and design to construction and post-construction activities to our clients
The company constructed well-known buildings in Ahmedabad namely Straft Laxuria, Shivalik Parkview and Shivalik Sharda Harmony, being residential projects. AAA Corporate House, Sadbhav House, Solitaire Sky, Sandesh Press, Suyash Solitaire and Solitaire Connect, being commercial projects. AIS Toddler’s Den, Nirma University (old Building) and Zydus School & Excellence, being institutional projects. You can check Chavda Infra IPO subscription status here.
The companye has 26 on-going projects worth approximately ₹ 60,139 lakhs, suggesting our strong order book. Out of 26 on-going projects 4 are commercial Projects, 4 are institutional projects and 18 are residential projects. You can check Chavda Infra IPO Allotment status here.
Objects Of The Issue :
- To Meet Working Capital Requirements
- General corporate purposes
- To meet Public Issue Expenses
Company Strengths :
- Experienced Promoters and Management Team
- End-to-end execution capabilities
- Optimal Utilization of Resources
- Visible growth through a robust order book
- Long-standing relationships with our customers
| Read also:Upcoming IPO List 2023 |
Chavda Infra IPO Review :
| Details | Valuation |
| PAT 2023 : Issue Price : EPS 2023 : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹12.05 Cr ₹65 Per Shares 6.69 9.71x 49.41 % 39.62 % 43.62 % 0.91 ₹16.89 ₹154.24 Cr ₹160.26 Cr 100.00 % 73.00% |
| Team Review : | ✔ Apply For Long Term |
Chavda Infra IPO GMP Live:
Chavda Infra IPO GMP Or Grey Market Premium available here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and stable some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| 09 Sep 2023 | ₹38-₹40 | ₹60500 |
| 08 Sep 2023 | ₹38-₹40 | ₹60500 |
| 07 Sep 2023 | ₹38-₹40 | ₹60500 |
| 06 Sep 2023 | ₹28-₹30 | ₹45600 |
| 05 Sep 2023 | ₹20-₹21 | ₹20400 |
Chavda Infra IPO Date & Price Band & Details :
| Issue Offer : | Book Built Issue |
| IPO Open : | 12 September 2023 |
| IPO Close : | 14 September 2023 |
| Face Value : | ₹10 Equity Share |
| Price Band : | ₹60-₹65 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹43.26. Cr {6,656,000 Shares} |
| Fresh Issue : | ₹43.26. Cr {6,656,000 Shares} |
Chavda Infra IPO Market Lot :
Chavda Infra IPO Minimum Market lot is 1 Lot with 2000 shares with ₹130,000 Application amount. The retail investors can apply up to 1 lots with 2000 Shares or ₹130,000 amounts.
| Category | Lot | Share | Amount |
| Retail (Min) : | 1 | 2000 | ₹130,000 |
| Retail (Max) : | 1 | 2000 | ₹130,000 |
| S-HNI (Min) : | 2 | 4000 | ₹260,000 |
Chavda Infra IPO Shares Offer :
A Total of 6,656,000 shares are to be bid for the public issue by Chavda Infra IPO with 6,656,000 for Fresh issue and – for offer for sale.
| Category | Shares Offer | Amount |
| Fresh issue : | 6,656,000 | ₹43.26 Cr |
| Offer For Sale : | – | ₹- |
| Total : | 6,656,000 | ₹43.26 Cr |
Chavda Infra IPO Net Reservation :
Chavda Infra IPO Net Reservation of 66,56,000 shares are to be bid for the public issue by Chavda Infra IPO with 3,160,000 for QIB and 948,000 for NII 2,212,000 For RII.
| Category | Reservation | Shares | Amount |
| QIB : | 50% | 3,160,000 | ₹20.54 Cr |
| NII : | 15% | 948,000 | ₹6.16 Cr |
| RII : | 35% | 2,212,000 | ₹14.38 Cr |
| MMRP : | – % | 336,000 | ₹2.18 Cr |
| Total : | 100% | 6,656,000 | ₹43.26 Cr |
Chavda Infra IPO EPS & RoNW :
The Chavda Infra company’s EPS & RoNW growth is an Increasing last financial year, which is shown to you in the table here.
| Year | EPS (Rs.) | RoNW % | NAV |
| 2023 | ₹6.69 | 39.62% | ₹16.89 |
| 2022 | ₹2.90 | 28.41% | ₹10.20 |
| 2021 | ₹2.47 | 33.77% | ₹7.30 |
Chavda Infra IPO Peer Comparison PE :
The Chavda Infra, According to RHP of the company few company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | PSP Projects Limited | 18.16 |
| 2. | Ahluwalia Contracts (India) Limited | 19.90 |
Chavda Infra IPO Dates :
Chavda Infra IPO Date is 12 September 2023 and closes on 14 September 2023. The allotment will be finalized on 20 September 2023 and the IPO may list on 25 September 2023.
| Issue Open Date : | 12 September 2023 |
| Issue Close Date : | 14 September 2023 |
| Allotment Date : | 20 September 2023 |
| Refund Date : | 21 September 2023 |
| Share Credit Date : | 22 September 2023 |
| Listing Date : | 25 September 2023 |
Chavda Infra IPO Form :
There are two ways to apply in Chavda Infra IPO. You can apply for Chavda Infra IPO through ASBA available in your bank account. You have to go to your online bank login and select Chavda Infra IPO in the Invest section and apply through your bank account. Another option is you can apply Chavda Infra IPO through IPO form download through NSE and BSE. See the Chavda Infra IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Chavda Infra Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2023 | ₹16,203.37 | ₹14,525.42 | ₹1,204.62 |
| 2022 | ₹10,987.68 | ₹10,255.13 | ₹521.46 |
| 2021 | ₹9,131.05 | ₹8,523.70 | ₹443.84 |
Company Promoters :
■ Mr. Mahesh Gunvantlal Chavda
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Chavda Infra IPO Lead Managers :
■ Beeline Capital Advisors Pvt Ltd
Chavda Infra IPO Registrar :
Kfin Technologies Limited
Address: Selenium Tower-B, Plot 31 & 32,
Gachibowli Financial District, Nanakramguda,
Serilingampally Hyderabad – 500 032, Telangana
Tel. Number: +91 40 6716 2222 Toll Free No- 1800 309 4001
Email Id: [email protected]
Investors Grievance Id: [email protected]
Website: www.kfintech.com
Note: Check Chavda Infra IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Chavda Infra Limited
304 to 307, 406, 407 B Square I,
Near Neptune House, IsconAmbali BRTS Road,
Ahmedabad- 380058
Phone: 079 4892 6087
Email: [email protected]
Website: https://www.chavdainfra.com/
Chavda Infra IPO FAQs :
What is Chavda Infra IPO?
Chavda Infra IPO is SME IPO. They are going to raise ₹43.26. Crores via IPO. The issue is priced at ₹65 per equity share. The IPO to be listed on NSE, SME.
When Chavda Infra IPO will open?
The IPO is to open on 12 Sep – 14 Sep for QIB, NII & RII.
How much is Chavda Infra IPO Size?
Chavda Infra IPO size is ₹43.26 Crores.
How much is the Fresh issue size of Chavda Infra IPO?
The Fresh issue size of Chavda Infra IPO ₹43.26 Cr.
How much is the Offer For Sale size of Chavda Infra IPO?
The Offer For Sale size of Chavda Infra IPO ₹0 Cr.
What is Chavda Infra IPO Price Band?
Chavda Infra IPO Price Band is ₹65 Per share.
What is the Chavda Infra IPO Minimum and Maximum Lot Size?
The minimum bid is 2000 Shares with ₹130,000 amount while the maximum bid is 2000 shares with ₹130,000.
How much is Chavda Infra IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35%.
When is Chavda Infra IPO Allotment Date?
Chavda Infra IPO allotment date is 20 September 2023.
When is Chavda Infra IPO Listing Date?
Chavda Infra IPO listing date is 25 september 2023. The IPO to list on NSE, SME.
How to Apply the Chavda Infra IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Chavda Infra IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Chavda Infra IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Chavda Infra IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Chavda Infra IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Chavda Infra IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Chavda Infra IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Chavda Infra IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Chavda Infra GMP: Click Here Chavda Infra Subscription: Click Here Chavda Infra Allotment: Click Here Chavda Infra Listing: Click Here |
All Chavda Infra IPO-related links are available here. If you want to know the details then click on Click Here Link.
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