Chavda Infra Limited

Company Profile
Company Name Chavda Infra Limited
Open Date 12-09-2023
Close Date 14-09-2023
Exchange NSE SME
Lot Size 2000 Shares
Issue Price ₹60 to ₹65 per share
Issue Size 66,56,000 Equity Shares
Application Amount ₹ 1,30,000
Recommendation Apply
Chavda Infra Limited was incorporated in the year 2012 and has its registered office in Gujarat. The Company is an integrated civil construction company offering a diversified range of construction and allied services across residential, commercial, and institutional projects. Since incorporation, the company have constructed well-known buildings and as of May 31, 2023, the company have 26 ongoing projects. As of 31st March 23, the Company has 217 employees on its payroll.
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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-21 Mar-22 Mar-23
Total Assets 8,668.11 10,880.79 15,424.40
Net Assets 1,314.28 1,835.74 3,040.36
Total Borrowings 3,125.60 4,290.75 5,845.21
Total Revenue 9,131.05 10,987.68 16,203.37
Profit After Tax 443.84 521.46 1,204.62

Tentative Timeline

Opening Date 12-09-2023
Closing Date 14-09-2023
Basis of Allotment 20-09-2023
Initiation of Refunds 21-09-2023
Credit of Shares to Demat 22-09-2023
Listing Date 25-09-2023

Objects of the Issue

To Meet Working Capital Requirements
General corporate purposes
To meet Public Issue Expenses

Contact Information

Registered Office Chavda Infra Limited 304 to 307, 406, 407 B Square I, Near Neptune House, IsconAmbali BRTS Road, Ahmedabad- 380058
Phone 079 4892 6087

Registrar Details

Name Kfin Technologies Limited
Phone 04067162222, 04079611000

IPO Reservation

QIB Shares Offered Not more than 50.00% of the Net offer
NII (HNI) Shares Offered Not less than 15.00% of the Offer
Retail Shares Offered Not less than 35.00% of the Offer

Shareholding Pattern

Pre Issue Share Holding (Promoters) 100.00%
Post Issue Share Holding (Promoters) 73.00%

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