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CHAVDASME / NSEListed
Chavda Infra

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.

DRHPANCHOR
₹60 - ₹65180.13x sub
Listed Price₹91.00
Listing Gain+40.00%

IPO Schedule & Timeline

Book Built Issue IPO
Open12 Sep 2023
Close14 Sep 2023
Allotment20 Sep 2023
Listing25 Sep 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB31,60,000 shares
47.48%
Nii (hni)9,48,000 shares
14.24%
Retail22,12,000 shares
33.23%
Market Maker3,36,000 shares
5.05%

Minimum Application Lots

Retail1 Lot (2,000 shares)
₹1,30,000
HNI2 Lots (4,000 shares)
₹2,60,000

Company Promoters

Mr. Mahesh Gunvantlal ChavdaMrs. Dharmishtha Maheshkumar ChavdaMr. Johil Maheshbhai Chavda

Company Background

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,...

Lead Managers & Bankers

Beeline Capital Advisors Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2021 )₹9131.05 Cr
Growth-43.6%
Revenue Trend (₹ in Crores)
0.06.2k12.4k18.6kMar 2023Mar 2022 Mar 2021
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 2021 9,131.05443.848,668.113,330.32
Mar 2022 10,987.68521.4610,880.794,993.14
Mar 202316,203.371,204.6215,424.405,328.95

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values6.6949.41%43.62%9.7213.29

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
20 Sep 2023
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
25 Sep 2023

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Chavda Infra. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization20 Sep 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date25 Sep 2023Trading commences on exchange

How to Check Chavda Infra Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Chavda Infra from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About Chavda Infra IPO

Complete issue overview for Chavda Infra (CHAVDA) IPO. The issue features an equity share price band of ₹60 – ₹65 per share with a minimum retail lot size of 2000 Shares (minimum application amount of ₹1,30,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions