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Chiraharit Ltd
Registered Office:Malaxmi Courtyard Survey #.157,Khajaguda Village Chitrapuri,Hyderabad-500104,Telangana, India.
Phone : +91 77385 61210   Fax:
Email : cs@chiraharit.com
Website :https://chiraharit.com/
Initial public offer of up to 1,47,96,000 equity shares of face value of Re. 1/- each ("Equity Shares") of Chiraharit Limited (the "Company" or the "Issuer") for cash at a price of Rs. 21/- per equity share, including a share premium of Rs. 20/- per equity share (the "Issue Price"), aggregating to Rs. 31.07 crores ("the Issue"), of which 7,44,000 equity shares of face value of Re. 1/- each for cash at a price of Rs. 21/- per equity share, aggregating to Rs. 1.56 crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 1,40,52,000 equity shares of face value of Re. 1/- each for cash at a price of Rs. 21/- per equity share, aggregating to Rs. 29.51 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 27.00 % and 25.64 % respectively of the post issue paid-up equity share capital of the company. Price Band: Rs. 21/- for equity share of face value of Rs.1 each. The floor price is 21 times times the face value of the face value of the equity shares. Bids can made for a minimum of 12,000 equity shares and in multiples of 6,000 equity shares thereafter.
Minimum Application for shares in Nos : 12000 Further Multiples of : 6000
Cr Lead Managers to the Issue
Project Cost (.Cr) 31.07 Finshore Management Services Ltd
Project Financed through Current Offer (.Cr) 31.07  
Post Issue Equity Share Capital (.Cr) 5.48
Issue Price () 21.00
Projects
Funding capital expenditure towards setting up HDPE Ball Valves and Fittings Manufacturing Unit
Repayment and/or pre-payment in full or part of certain borrowings
Working capital requirements
Issue Related Expenses
General Corporate Expenses
Promoted By
Pavan Kumar Bang
Tejaswini Yarlagadda
Venkata Ramana Reddy Gaggenapa
Listing At
BSE - SME
Registrar to the Issue
No Data Available

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