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Chiraharit Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Chiraharit Ltd IPO

Registered Office: Malaxmi Courtyard Survey #.157,Khajaguda Village Chitrapuri , Hyderabad - 500104 , Telangana , India.
Phone : +91 77385 61210   Fax:
Email :  cs@chiraharit.com  
Website :  https://chiraharit.com/
Initial public offer of up to 1,47,96,000 equity shares of face value of Re. 1/- each ("Equity Shares") of Chiraharit Limited (the "Company" or the "Issuer") for cash at a price of (Rs)21/- per equity share, including a share premium of (Rs)20/- per equity share (the "Issue Price"), aggregating to (Rs)31.07 crores ("the Issue"), of which 7,44,000 equity shares of face value of Re. 1/- each for cash at a price of (Rs)21/- per equity share, aggregating to (Rs)1.56 crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 1,40,52,000 equity shares of face value of Re. 1/- each for cash at a price of (Rs)21/- per equity share, aggregating to (Rs)29.51 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 27.00 % and 25.64 % respectively of the post issue paid-up equity share capital of the company. Price Band: (Rs)21/- for equity share of face value of (Rs)1 each. The floor price is 21 times times the face value of the face value of the equity shares. Bids can made for a minimum of 12,000 equity shares and in multiples of 6,000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
29-Sep-25 03-Oct-25 (Rs)21.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :12000  Further Multiples of :6000

  (Rs Cr) Lead Managers to the Issue
Project Cost 31.07
Finshore Management Services Ltd
Project Financed through Current Offer 31.07  
Post Issue Equity Share Capital 5.48  
Issue Price (Rs)21.00  
 
Projects
Funding capital expenditure towards setting up HDPE Ball Valves and Fittings Manufacturing UnitIssue Related Expenses
Repayment and/or pre-payment in full or part of certain borrowingsGeneral Corporate Expenses
Working capital requirements
Promoted By
Pavan Kumar Bang  
Tejaswini Yarlagadda  
Venkata Ramana Reddy Gaggenapa  
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd