Chiraharit Ltd IPO

Chiraharit Ltd IPO

Incorporated in the year 2006, Chiraharit Limited is engaged into turnkey EPC (Engineering, Procurement and Construction) projects focusing on two broad segment viz Water-based and Renewable Energy-based. In the Water sector, our focus is on the efficient and reliable movement of piped water in pressurized applications. Our expertise in water movement extends across diverse sub-sectors, including Solar Module Cleaning Systems, Irrigation Solutions for Agriculture and Landscape, Water Pipeline Solutions for Industrial and Residential Projects and supply of HDPE, UPVC, CPVC, PVC Pipes and Fittings etc. In addition to this, we also undertake construction of Compressed Bio-Gas plants (CBG) and construction of Industrial and Residential Projects.

Chiraharit Ltd IPO Details

Total Shares Offered

₹ 1,47,96,000

Offer to Public

TBA

Retail Max (Shares)

₹ 70,26,000

Pre Issue Promoters Holding

₹ 3,99,99,950

Exchange

BSE

Issue size

TBA

IPO Open Date

Sep 29, 2025

Close Date

Oct 3, 2025

Lot Size

12000

Min Investment

₹ 2,52,000

Issue Type

Fixed Price - SME

Listing Date

Oct 8, 2025

Chiraharit Ltd IPO Dates

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Sep 29, 2025
Opening date
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Oct 3, 2025
Closing date
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Oct 6, 2025
Basis of Allotment
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Oct 7, 2025
Initiation of Refunds
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Oct 7, 2025
Credit of Shares
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Oct 8, 2025
Listing date

Details

SectorType
SectorPlastics Products
Sub SectorNA
Issue TypeFixed Price - SME

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Chiraharit Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations59.6330.5732.89
EBITDA9.001.781.84
PAT6.501.031.16
Total Assets26.9614.8412.23
Share Capital4.000.250.25
Total Borrowings15.4910.179.86
Operating Activities (Net Cash)6.641.181.28
Investing Activities (Net Cash)-1.11-0.48-1.08
Financing Activities (Net Cash)15.4910.179.86
Net Cashflow0.610.010.01

About Chiraharit Ltd

Our company was originally incorporated as a Private Limited Company under the name and style of Brahmani Ventures Private Limited in accordance with the Companies Act, 1956 pursuant to a Certificate of Incorporation issued by Registrar of Companies, Andhra Pradesh on August 04, 2006 with the corporate identification number (CIN) being U45101AP2006PTC050818. Later, the name of the Company has been changed to Chiraharit Agro Farms Private Limited in accordance with the Companies Act, 2013 pursuant to a Certificate of Incorporation issued by Registrar of Companies, Hyderabad, Telangana on September 18, 2015 with the corporate identification number (CIN) being U01403TG2006PTC050818. Further, the name of the Company was once again changed to Chiraharit Private Limited in accordance with the Companies Act, 2013 pursuant to a Certificate of Incorporation issued by Registrar of Companies, Hyderabad, Telangana on May 30, 2016 with the corporate identification number (CIN) being U29100TG2006PTC050818. Subsequently, our company was converted into Public Limited Company under the Companies Act, 2013 and the name of our Company was changed to Chiraharit Limited vide a fresh Certificate of Incorporation consequent upon conversion from Private Company to Public Company dated December 02, 2024, bearing Corporate Identification Number U29100TG2006PLC050818, issued by Central Processing Centre.

Solar Panel Cleaning Market Size was valued at USD 0.8 Billion in 2022. The Solar Panel Cleaning market industry is projected to grow from USD 0.85 Billion in 2023 to USD 1.47 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7.00% during the forecast period (2024 - 2032). Growing demand for solar panels and cost-effective maintenance are the primary drivers propelling the market's expansion.

Incorporated in the year 2006, Chiraharit Limited is engaged into turnkey EPC (Engineering, Procurement and Construction) projects focusing on two broad segment viz Water-based and Renewable Energy-based. In the Water sector, our focus is on the efficient and reliable movement of piped water in pressurized applications. Our expertise in water movement extends across diverse sub-sectors, including Solar Module Cleaning Systems, Irrigation Solutions for Agriculture and Landscape, Water Pipeline Solutions for Industrial and Residential Projects and supply of HDPE, UPVC, CPVC, PVC Pipes and Fittings etc. In addition to this, we also undertake construction of Compressed Bio-Gas plants (CBG) and construction of Industrial and Residential Projects.

Peer Comparison:

  • Polysil Irrigation Systems Ltd

Chiraharit Ltd Key Points

Strengths

Established and proven track record.

Leveraging the experience of our Promoters.

Experienced management team and a motivated and efficient work force.

Cordial relations with our customers.

Quality Assurance & Control.

Risk

Our Company, Directors, Promoters and Group Companies are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on our business, results of operations and financial condition.

EPC projects are typically awarded to us on satisfaction of prescribed pre-qualification criteria and following a competitive bidding process. Our business and our financial condition may be adversely affected if new projects are not awarded to us or if contracts awarded to us are prematurely terminated.

Dependency on Indian Domestic Market for Revenue.

Strategy

Strategic Expansion by Embracing Backward Integration for Sustainable Growth.

Expanding Horizons by Strengthening Domestic Presence and Entering International Markets.

Enhance attractiveness through quality execution, cost reduction and continuous training of manpower.

Investing in Automation Technology.

Overcoming Regulatory and Market Challenges Strategy by Prioritizing Private Sector Opportunities.

How To Apply for Chiraharit Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Chiraharit Ltd IPO?

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Chiraharit Ltd's IPO offers shares for up to 31.07 It begins on Sep 29, 2025 and ends on Oct 3, 2025.

What is the price of the Chiraharit Ltd IPO?

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The price of Chiraharit Ltd IPO ranges between ₹21 to ₹21 per share.

What are the open and close dates for the Chiraharit Ltd IPO?

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The Chiraharit Ltd IPO opens on Sep 29, 2025 and closes on Oct 3, 2025.

When will the Chiraharit Ltd IPO be allotted?

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The allotment for the Chiraharit Ltd IPO will be finalised on Oct 6, 2025. The shares will be listed on BSE and NSE on Oct 8, 2025.

What is the minimum lot size required for Chiraharit Ltd IPO?

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The minimum lot size for Chiraharit Ltd IPO is 12000 shares, priced between ₹21 to ₹21 per share.

What is the GMP of Chiraharit Ltd IPO?

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The GMP (Grey Market Premium) of Chiraharit Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Chiraharit Ltd IPO?

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To check the allotment status of Chiraharit Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Chiraharit Ltd IPO getting listed?

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The Chiraharit Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Sep 29, 2025, and closes on Oct 3, 2025. The allotment is finalised on Oct 6, 2025.

How do you apply for the Chiraharit Ltd IPO?

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To apply for the Chiraharit Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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