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CICHAVDAListed

Chavda Infra Limited

Book Built Issue IPO · NSE

Price band
₹60 - ₹65
Lot size
2,000 shares
Issue amount
₹43.26 cr
Total subscription
180.13×
Current price₹68.05
Listing price ₹91
Watch live price ↗
Opens
12 Sept 2023
Closes
14 Sept 2023
Allotment
20 Sept 2023
Listing
25 Sept 2023

Offer at a glance

Issue overview

Issue size
66,56,000 shares
Face value
₹10 per share
Minimum investment
₹1,20,000
Fresh issue
₹43.26 cr
Offer for sale
₹0 cr
Registrar
Kfin Technologies Limited
Listing exchange
NSE
Maximum investment
₹1,30,000
Issue type
Book Built Issue IPO
Shares before issue
1,80,00,000
Shares after issue
2,46,56,000

Lot sizes

CategoryLotsSharesAmount
RETAIL12,000₹1,30,000
HNI24,000₹2,60,000

Share reservation

QIB47.48%
NII (HNI)14.24%
RETAIL33.23%
Market Maker5.05%

Subscription & GMP

Subscription by category

Total subscribed180.13×

Missing multiples are calculated from bids and offered shares when available.

QIB95.1×
NIB242.32×
RETAIL202.07×

GMP history

0306018 Mar: ₹604 Apr: ₹606 Nov: ₹60
18 Mar₹606 Nov

Subscription demand

Amounts in ₹ crore. HNI subcategories are included in the NII total.

CategoryOfferedDemand
QIBs8.22781.33
RETAIL14.382,905.4
NIB6.161,493.15

Financial performance

Company financials

in Lakhs · Reported periods may include interim results.

Revenue & profitin Lakhs
05,00010,00015,00020,000Mar 2023 · Revenue: 16,203.37Mar 2023 · Profit after tax: 1,204.62Mar 2023Mar 2022 · Revenue: 10,987.68Mar 2022 · Profit after tax: 521.46Mar 2022 Mar 2021 · Revenue: 9,131.05Mar 2021 · Profit after tax: 443.84Mar 2021
RevenueProfit after tax

Key performance indicators

MetricValues
EPS6.69
ROE49.41
ROCE43.62
RONW39.62
PRE IPO(PE)9.72
POST IPO(PE)13.29

Values and labels as reported in the issue data.

Company information

Company profile

Chavda Infra Limited, incorporated in 2012, provides construction and allied services for residential, commercial, and institutional projects in Gujarat. Part of the Chavda Group, which includes Chavda RMC and Chavda Developers, the company has delivered over 100 projects worth ₹67,099.45 Lakhs. Its three verticals—Contracting Services, Development Services, and Commercial Renting Services—cover planning, design, construction, and post-construction activities. Notable projects include Straft Laxuria, Shivalik Parkview, AAA Corporate House, and Nirma University buildings. ISO 9001:2015 certified, Chavda Infra employs over 250 people and recorded ₹16,188.57 Lacs in revenue for FY2023, with 26 ongoing projects worth ₹60,139 Lakhs.

Promoters

Mr. Mahesh Gunvantlal Chavda

Mrs. Dharmishtha Maheshkumar Chavda

Mr. Johil Maheshbhai Chavda

Registrar & documents

Lead manager

Beeline Capital Advisors Private Limited

Registered office

304 to 307, 406, 407 B Square I, Near Neptune House, IsconAmbali BRTS Road, Ahmedabad- 380058

079 4892 6087

[email protected]Company website ↗

Understanding CHAVDA IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.