Chavda Infra Ltd
Price Range
₹65
Min. Quantity
2,000
Closes on
14 September 2023
Min. investment
₹1,30,000/2,000 Shares
Chavda Infra Ltd IPO Timeline
Chavda Infra Ltd was originally formed and registered as a Private Limited Company in the name and style of 'Chavda Infra Private Limited' through a Certificate of Incorporation dated October 08, 2012 issued by the Registrar of Companies, Gujarat. Later on, Company was converted into a Public Limited Company and name of the Company was changed to 'Chavda Infra Limited' vide fresh Certificate of Incorporation consequent upon Conversion from Private Limited Company to Public Limited Company dated May 26, 2023 issued by RoC, Ahmedabad.
| Event | Date |
|---|---|
| Chavda Infra Ltd IPO Opening Date | 12 September 2023 |
| Chavda Infra Ltd IPO Closing Date | 14 September 2023 |
| Basis of Allotment | 20 September 2023 |
| Initiation of Refunds | 21 September 2023 |
| Credit of Shares to Demat | 22 September 2023 |
| Chavda Infra Ltd IPO Listing Date | 25 September 2023 |
Chavda Infra Ltd IPO Details
| Chavda Infra Ltd IPO Date | 12 September 2023 to 14 September 2023 |
| Chavda Infra Ltd IPO Face Value | ₹10 per share |
| Chavda Infra Ltd IPO Price | ₹65 to ₹0 per share |
| Chavda Infra Ltd IPO Lot Size | 2,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹43.26 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹43.26 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Mahesh Gunvantlal Chavda, Dharmishtha Maheshkumar Chavda, Johil Maheshbhai Chavda |
Chavda Infra Ltd IPO Lot Size
The Chavda Infra Ltd IPO lot size is 2,000 shares. A retail-individual investor can apply for up to 1 lots (2,000 shares or ₹1,30,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 2,000 | ₹1,30,000 |
| Maximum | 1 | 2,000 | ₹1,30,000 |
- Strengths
- Risks
- Opportunities
- 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 its customers.
Company Financials
Chavda Infra Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 250.61 | 241.97 | 18.76 |
| 03-2023 | 154.24 | 162.03 | 12.05 |
| 03-2022 | 108.81 | 109.88 | 5.21 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- To meet working capital requirements
- General corporate purposes
Chavda Infra Ltd IPO Promoter Holding
| Pre Issue Share Holding | 66.67% |
| Post Issue Share Holding | 48.67% |
Chavda Infra Ltd IPO Subscription Status (Bidding Detail)
The Chavda Infra Ltd IPO is subscribed 119.7272 times on 14 September 2023 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 119.7272 |
Chavda Infra Ltd IPO Prospectus
Chavda Infra Ltd IPO Listing Date
| Listing Date | 25 September 2023 |
| BSE Script | 91647 |
| NSE Symbol | CHAVDA |
| Listing In | NSE - SME |
| ISIN | INE0PT101017 |
| IPO Price | ₹65 |
| Face Value | ₹10 |
Company Contact Information
304 to 307 406 407 B Sqr I NeaNeptune House Isco Ambali BRTS,Ahmedabad-380058
Phone: 079 4892 6087
Email: compliance@chavdainfra.com
Website: www.chavdainfra.com
Chavda Infra Ltd IPO Registrar
Chavda Infra Ltd IPO Lead Manager(s)
- Beeline Capital Advisors Pvt Ltd
FAQ
What is the issue size of Chavda Infra Ltd IPO?
I have pre-applied for Chavda Infra Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.