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15 Days Price Change

Chiraharit IPO

Closing In

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Profile
Issue Size 31.07 Cr
Profile
Price Range 21  to  21 per share
Profile
Min Investment ₹21
Profile
Lot Size 1
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Face Value ₹1
Profile
Draft Prospectus
Invest Before the IPO Goes Live

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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

We specialize in the efficient movement of water from Point A, the source, to Point B, the end user. Our expertise encompasses the design, supply, and installation of all intervening elements, including pumping systems, pipelines, measurement devices, storage, water treatment, and distribution networks. We are a system integrator whose main work is to combine multiple system and ensure seamless water transfer tailored to meet the needs of agriculture, drinking water supply, and industrial applications. Read More

Basic Info

Face Value 1 per share

Price 21  to  21 per share

P/E (x) 13.1

Sales( Cr.) 60

PAT( Cr.) 6

EPS 1.6

Draft Prospectus

Exchange BSE-SME

Promoter

Company Promoters

Pavan Kumar Bang Tejaswini Yarlagadda Venkata Ramana Reddy Gaggenapalli

Pre Issue Share Holding 100%

Post Issue Share Holding 72.99%

Listing Details:

Listing Price: 16.8

Listing Gain: -25%

Current Price: 11

Gain On Issue: 11 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Sep 29, 2025
Closing Date Oct 03, 2025
Allotment Oct 06, 2025
Refund Oct 07, 2025
Delivery of Shares Oct 07, 2025
Listing Date Oct 08, 2025

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 12000 252,000
Retail (Max) -- -- --
S-HNI (Min) 1 12000 252,000
S-HNI (Max) 3 36000 756,000
B-HNI (Min) 4 48000 1,008,000

Objective of the Issue

The Objects of the Issue are:A. Funding Capital Expenditure for setting up of HDPE Ball Valves and Fittings Manufacturing UnitB. Repayment and/or pre-payment, in full or part, of certain borrowingsC. To meet Working Capital RequirementsD. To meet the Issue ExpensesE. General Corporate Purposes

Issue

Category Nos Bid Bid (x)
QIB 0 0 0x
NII 0 5904000 0x
Retail 0 21312000 0x
EMP 0 0 0x
Total 0 27216000 0x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Chiraharit Profit & Loss

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 24 33 31 60
Other Income 0 0 0 0
Total Income 24 33 31 60
Total Expenditure 23 31 28 50
Operating Profit 2 2 2 10
Interest 0 1 1 1
Depreciation 0 0 0 0
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 1 1 1 8
Provision for Tax 0 1 1 2
Profit After Tax 1 0 1 6
Adjustments -0 0 0 0
Profit After Adjustments 1 1 1 6
Adjusted Earnings Per Share 0.2 0.2 0.2 1.6

Chiraharit Balance Sheet

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 2 3 3 10
Minority's Interest 1 0 0 0
Borrowings 8 9 8 8
Other Non-Current Liabilities 0 0 1 1
Total Current Liabilities 7 11 14 22
Total Liabilities 18 23 26 41
Fixed Assets 0 6 6 6
Other Non-Current Assets 7 2 2 4
Total Current Assets 11 14 17 31
Total Assets 18 23 26 41

Chiraharit Cash Flow

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 1 0 0
Cash Flow from Operating Activities -4 1 2 3
Cash Flow from Investing Activities -4 -1 -0 -2
Cash Flow from Financing Activities 8 -0 -1 -1
Net Cash Inflow / Outflow 1 -1 0 0
Closing Cash & Cash Equivalent 1 0 0 1

Chiraharit Ratios

# Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.23 0.17 0.19 1.56
CEPS(Rs) 0.26 0.17 0.23 1.58
DPS(Rs) 0 0 0 0
Book NAV/Share(Rs) 0.47 0.64 0.83 2.39
Core EBITDA Margin(%) 6.62 5.13 7.71 16.36
EBIT Margin(%) 6.44 4.82 6.74 16.14
Pre Tax Margin(%) 5.24 2.9 3.74 14.04
PAT Margin (%) 3.83 1.28 1.97 10.1
Cash Profit Margin (%) 4.23 2.02 2.98 10.61
ROA(%) 5.09 2.05 2.49 18.16
ROE(%) 49.97 18.92 20.5 93.46
ROCE(%) 10.79 9.59 10.81 38.94
Receivable days 99.03 76.87 105.47 88
Inventory Days 15.38 15.83 25.6 21.16
Payable days 68.97 56.38 63.13 54.6
PER(x) 0 0 0 0
Price/Book(x) 0 0 0 0
Dividend Yield(%) 0 0 0 0
EV/Net Sales(x) 0.5 0.49 0.53 0.4
EV/Core EBITDA(x) 7.26 8.83 6.88 2.38
Net Sales Growth(%) 0 34.64 -7.06 95.08
EBIT Growth(%) 0 0.81 29.84 367.23
PAT Growth(%) 0 -55.08 43.5 898.16
EPS Growth(%) 0 -27.1 10.36 742.7
Debt/Equity(x) 6.78 6.19 4.92 2.11
Current Ratio(x) 1.5 1.29 1.26 1.39
Quick Ratio(x) 1.36 1.13 1.08 1.19
Interest Cover(x) 5.34 2.51 2.25 7.69
Total Debt/Mcap(x) 0 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 94% 36% 0% 0%
Operating Profit CAGR 400% 71% 0% 0%
PAT CAGR 500% 82% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average 93% 44% 46% 46%
ROCE Average 39% 20% 18% 18%

Company Contact Information

Chiraharit Ltd.

Dixitula Venkata Kama Dixitulu

91 7738561210

cs@chiraharit.com

Malaxmi Courtyard, Survey No. 157 Khajaguda Village Chitrapuri Colony Post

IPO Lead Manager(s)

Chiraharit Ltd.

Finshore Management Services Ltd.

Registrar Info

Chiraharit Ltd.

Bigshare Services Pvt Ltd

Office No S6-2, 6th Floor, Pinnacle Business Park,ext to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai - 400093 (old address - Bharat Tin Works building, 1st floor, Opp. Vasant Oasis, Andheri East Mumbai - 400 059 Tel: + 91 21 626 38200 Fax:

91-022-62638200

91-022-62638299

Investor@bigshareonline.com

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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