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Chavda Infra IPO Date, Review, Price, Allotment Details

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Chavda Infra are integrated civil construction company offering a diversified range of construction and allied services across residential, commercial, and institutional projects in Gujarat, especially in Ahmedabad and Rajkot. They provide our services across the construction value chain, ranging from planning and design to construction and post-construction activities to their clients. The company is ISO 9001:2015 certified for quality management systems by BCQ Assessment Private Limited. The quality certification is for the construction of commercial, residential, and institutional buildings.

They have in-house capabilities to deliver a project from conceptualization to completion with a fast turnaround time from acquisition to launch to completion, which focuses on de-risking and improving return on investment. Their core competence lies in professionally managing the real estate value chain and attracting and retaining talent to maximize value creation.

Since incorporation, Chavda Infra has 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, are commercial projects. AIS Toddler’s Den, Nirma University, and Zydus School & Excellence, being institutional projects.

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 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
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors in IPO: Click Here

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

You can check IPO subscription status and IPO allotment status on their respective pages.

Chavda Infra IPO Form

How to apply Chavda Infra IPO? You can apply Chavda Infra IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Chavda Infra IPO in the Invest section. The other option you can apply Chavda Infra IPO via IPO forms download via the NSE website. Check out the Chavda Infra forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.

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
  • Mr. Mahesh Gunvantlal Chavda

Chavda Infra IPO Registrar

KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://karisma.kfintech.com/

Chavda Infra IPO Allotment Status

Check Chavda Infra IPO allotment status on KFin Technologies website URL. Click Here

Chavda Infra IPO Lead Managers aka Merchant Bankers

  • Beeline Capital Advisors Pvt. Ltd

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 – : [email protected]
Website: https://chavdainfra.com/

Chavda Infra IPO FAQs

What is Chavda Infra IPO?

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.

When Chavda Infra IPO will open?

The IPO is to open on September 12, 2023 for QIB, NII, and Retail Investors.

What is Chavda Infra IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Chavda Infra IPO?

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.

How to Apply the Chavda Infra IPO through Zerodha?

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.

How to Apply the Chavda Infra IPO through Upstox?

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.

How to Apply the Chavda Infra IPO through Paytm Money?

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.

What is Chavda Infra IPO Size?

Chavda Infra IPO size is ₹43.26 crores.

What is Chavda Infra IPO Price Band?

Chavda Infra IPO Price Band is ₹60 to ₹65 per equity share.

What is Chavda Infra IPO Minimum and Maximum Lot Size?

The IPO bid is 2000 shares with ₹130,000.

What is Chavda Infra IPO Allotment Date?

Chavda Infra IPO allotment date is September 20, 2023.

What is Chavda Infra IPO Listing Date?

Chavda Infra IPO listing date is September 25, 2023. The IPO to list on NSE SME.

Note: The Chavda Infra IPO details are announced officially. The IPO grey market premium (Chavda Infra IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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