The date of the Chavda Infra IPO has been announced; it will begin on September 12 and end on September 14. A 43.26 crore NSE SME IPO is being conducted by Chavda Infra. The pricing range for the Chavda Infra IPO is set at 60 to 65 with a market lot of 2000 shares.
Chavda Infra is an integrated civil construction business in Gujarat, focusing on Ahmedabad and Rajkot, that provides a wide variety of construction and related services for residential, commercial, and institutional projects. They offer their clients our services throughout the whole construction value chain, from pre and post-construction tasks to planning and design. The business has received ISO 9001:2015 certification from BCQ Assessment Private Limited for its quality management systems. The Construction of
institutional, residential, and commercial buildings is covered by the quality certification. With a quick turnaround from acquisition to launch to completion, they can deliver a project from inception to completion with in-house capabilities that are focused on reducing risk and enhancing return on investment. In order to maximize value creation, they are experts in managing the real estate value chain effectively and recruiting and retaining personnel.
Since its establishment, Chavda Infra has built well-known residential complexes in Ahmedabad, including Straft Laxuria, Shivalik Parkview, and Shivalik Sharda Harmony. Commercial ventures include AAA Corporate House, Sadbhav House, Solitaire Sky, Sandesh Press, Suyash Solitaire, and Solitaire Connect. Institutional projects include AIS Toddler’s Den, Nirma University, and Zydus School & Excellence.
Chavda Infra IPO Date & Price Band Details
| IPO Open: | September 12, 2023 |
| IPO Close: | September 14, 2023 |
| IPO Size: | Approx ₹43.26 Crores, 6,656,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹60 to ₹65 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
Objects of the Issue:
- To Meet Working Capital Requirements
- General corporate purposes
- To meet Public Issue Expenses.
Chavda Infra IPO Review
- To be updated soon
Chavda Infra IPO Market Lot
The Chavda Infra IPO minimum market lot is 2000 shares with a ₹130,000 application amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 2000 | ₹130,000 |
| Retail Maximum | 1 | 2000 | ₹130,000 |
| S-HNI Minimum | 2 | 4000 | ₹130,000 |
Chavda Infra IPO Dates
The Chavda Infra IPO date is September 11 and the IPO close date is September 14. The IPO allotment date is September 2023 and the IPO might list on September 2023.
| IPO Open Date: | September 12, 2023 |
| IPO Close Date: | September 14, 2023 |
| Basis of Allotment: | September 20, 2023 |
| Refunds: | September 21, 2023 |
| Credit to Demat Account: | September 22, 2023 |
| IPO Listing Date: | September 25, 2023 |
Chavda Infra IPO Form
How to apply Chavda Infra IPO? –> Apply for the Chavda Infra IPO using the ASBA that is already in your bank account. Simply log in to your bank account online and choose the Chavda Infra IPO from the Invest area to apply. The alternative choice is to apply for the Chavda Infra IPO by downloading the forms from the NSE website.
Chavda Infra Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹91.31 | ₹85.24 | ₹4.44 |
| 2022 | ₹109.88 | ₹102.55 | ₹5.21 |
| 2023 | ₹162.03 | ₹145.25 | ₹12.05 |
Chavda Infra IPO Valuation – FY2023
Check Chavda Infra IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹6.69 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 39.62% |
| Net Asset Value (NAV): | ₹16.89 per Equity Share |
Peer Group
- PSP Projects Limited
- Ahluwalia Contracts (India) Limited
Chavda Infra IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: cmr.ipo@kfintech.com
Website: https://karisma.kfintech.com
Company Address
Chavda Infra Limited
Binori B Square 1,
Shop Np 304 – 307, 406 & 407,
Opp. Hathisingh Wadi,
Ambli – Bopal Road,
Ahmedabad – 380058
Phone : +91 79489 26087
Email : compliance@chavdainfra.com
Website: https://chavdainfra.com
Company Promoters
- Mr. Mahesh Gunvantlal Chavda
Chavda Infra IPO Lead Managers aka Merchant Bankers
- Beeline Capital Advisors Pvt. Ltd
Chavda Infra IPO FAQs:
Q1. What is Chavda Infra IPO?
Ans. Chavda Infra IPO is an NSE SME IPO. They are going to raise ₹43.26 Crores via IPO. The issue is priced at ₹60 to ₹65 per equity share. The IPO is to be listed on NSE.
Q2. When Chavda Infra IPO will open?
Ans. The IPO is to open on September 12, 2023 for QIB, NII, and Retail Investors.
Q3. What is Chavda Infra IPO Investors Portion?
Ans. The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
Q4. How to Apply the Chavda Infra IPO?
Ans. You can apply Chavda Infra IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q5. How to Apply the Chavda Infra IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Chavda Infra”. 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. Open Demat Account with Zerodha.
Q6. How to Apply the Chavda Infra IPO through Upstox?
Ans. Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Chavda Infra”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
Q7. How to Apply the Chavda Infra IPO through Paytm Money?
Ans. Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Chavda Infra”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.
Q8. What is Chavda Infra IPO Size?
Ans. Chavda Infra IPO size is ₹43.26 crores.
Q9. What is Chavda Infra IPO Price Band?
Ans. Chavda Infra IPO Price Band is ₹60 to ₹65 per equity share.
Q10. What is Chavda Infra IPO Minimum and Maximum Lot Size?
Ans. The IPO bid is 2000 shares with ₹130,000.
Q11. What is Chavda Infra IPO Allotment Date?
Ans. Chavda Infra IPO allotment date is September 20, 2023.
Q12. What is Chavda Infra IPO Listing Date?
Ans. Chavda Infra IPO listing date is September 25, 2023. The IPO to list on NSE SME.
