IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Chavda Infra Ltd

Registered Office : 304 to 307 406 407 B Sqr I Nea,Neptune House Isco Ambali BRTS,Ahmedabad Gujarat 380058 Phone : 079 4892 6087
Fax :

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

Opens On

Closes On

12-Sep-2023

14-Sep-2023

Money Payable On

Application

Allotment

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 (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

37.80

43.26

24.66

65.00

Beeline Capital Advisors Pvt Ltd

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

KFin Techologies Ltd