Listed Price₹91.00
Listing Gain+40.00%
Price Band₹60 - ₹65
Lot Size2,000 shares
Min Bid₹1,30,000
Subscription180.13x
Listed Market Snapshot
₹91.00Listed price from market data
+40.00%listing gain
Issue Amount
₹43.26 Cr
Listed Price
₹91.00
Current Price
₹89.8
Registrar
Kfin Technologies Limited
Timeline•Book Built Issue IPO
Open12 Sep 2023
Close14 Sep 2023
Allotment20 Sep 2023
Listing25 Sep 2023
Quota Reservation Portions
QIBPortion: 31,60,000 shares
47.48%Nii (hni)Portion: 9,48,000 shares
14.24%RetailPortion: 22,12,000 shares
33.23%Market MakerPortion: 3,36,000 shares
5.05%Minimum Application Bracket Matrix
Retail1 lots / 2,000 shares
₹1,30,000HNI2 lots / 4,000 shares
₹2,60,000About the Company
Chavda Infra Limited, incorporated in 2012, provides construction and allied services for residential, commercial, and institutional projects in Gujarat. Part of the Chavda Group, which includes Chavda RMC and Chavda Developers, the company has delivered over 100 projects worth ₹67,099.45 Lakhs. Its three verticals—Contracting Services, Development Services, and Commercial Renting Services—cover planning, design, construction, and post-construction activities. Notable projects include Straft Laxuria, Shivalik Parkview, AAA Corporate House, and Nirma University buildings. ISO 9001:2015 certified, Chavda Infra employs over 250 people and recorded ₹16,188.57 Lacs in revenue for FY2023, with 26 ongoing projects worth ₹60,139 Lakhs.
Company Promoters
Mr. Mahesh Gunvantlal ChavdaMrs. Dharmishtha Maheshkumar ChavdaMr. Johil Maheshbhai Chavda
Lead Managers
Registrar
Kfin Technologies Limited