Sensex
82,755.51 profit arw 700.40 (0.85%)
Nifty
25,244.75 profit arw 200.40 (0.80%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)

GET IN TOUCH

GET IN TOUCH

IPO Details


Chavda Infra Ltd
Registered Office: 304 to 307 406 407 B Sqr I Nea, Neptune House Isco Ambali BRTS, Ahmedabad - 380058, Gujarat
Phone: 079 4892 6087
Email: compliance@chavdainfra.com
Website: www.chavdainfra.com
Initial public issue of 6656000 equity shares of face value of Rs. 10/- each of Chavda Infra Limited ("CIL" or the "Company" or the "Issuer") for cash at a price of Rs. 65/- per equity share including a share premium of Rs. 55/- per equity share (the "Issue Price") aggregating to Rs. 43.26 crores ("The Issue"), of which 336000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 65/- per equity share including a share premium of Rs. 55/- per equity share aggregating to Rs. 2.18 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 6320000 equity shares of face value of Rs. 10/- each at a price of Rs. 65/- per equity share including a share premium of Rs. 55/- per equity share aggregating to Rs. 41.08 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 27.00% and 25.63%, respectively, of the post issue paid up equity share capital of the company. the face value of the equity shares is Rs. 10/- each.
Issue Money Payable On
Opens On Closes On Application Allotment
12-Sep-2023 14-Sep-2023 65.00 0.00
Minimum Application for shares in Nos : 2000.0 Further Multiples of : 2000.0
()Cr. Lead Managers to the Issue
Project Cost 37.80 Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer 43.26
Post Issue Equity Share Capital 24.66
Issue Price 65.00
Projects
To meet working capital requirements
General corporate purposes
Promoted By
Mahesh Gunvantlal Chavda
Dharmishtha Maheshkumar Chavda
Johil Maheshbhai Chavda
Listing At
NSE - SME
Registrar to the Issue

INDIAN INDICES

Sensex

82,755.51 700.40 (0.85%)

Nifty

25,244.75 200.40 (0.80%)

GLOBAL INDICES

USD

85.75 0.06 (0.95%)

NASDAQ
HANG SENG

24,474.68 297.60(1.23%)