What is the issue size of Chavda Infra IPO?

The issue size of the Chavda Infra IPO is Rs 43.26 cr.

What is 'pre-apply' for Chavda Infra IPO?

Pre-apply will alow you to apply for the Chavda Infra IPO 2 days before the subscription period starts.

If I pre-apply for Chavda Infra IPO, when will my order get placed?

Your order will be placed on the exchange as soon as the Chavda Infra IPO bidding starts. You will receive a UPI request within 24 hours after the bidding period opens.

When will I know if my Chavda Infra IPO order is placed?

We will notify you when your Chavda Infra IPO order is placed with the exchange.

What are the open and close dates of the for Chavda Infra IPO?

Chavda Infra IPO will be open between 12 Sept - 14 Sept, 2023.

What is the lot size and minimum order quantity of the Chavda Infra IPO?

Chavda Infra Limited IPO lot size is 2000 shares.

What are the allotment dates for the Chavda Infra IPO?

Chavda Infra IPO allotment date is 20 Sept, 2023. For Chavda Infra IPO allotment status check, you can visit the website of the registrar of the IPO.

Who is the registrar of Chavda Infra IPO?

Chavda Infra IPO registrar is Kfin Technologies Limited. You can check Chavda Infra IPO allotment status on the website of the registrar.

Where is the Chavda Infra IPO getting listed?

The shares are proposed to be listed on NSE SME.

Chavda Infra SME IPO

Chavda Infra Limited

₹1,20,000 /2000 sharesMinimum Investment

Chavda Infra SME IPO Listing DetailsListed OnIssue PriceListing PriceListing Gains
NSE₹65.00₹91.00₹26.00 (40.00%)
Chavda Infra SME IPO DetailsBidding DatesMin. InvestmentLot SizePrice Range
12 Sep ‘23 - 14 Sep ‘23₹1,20,0002,000₹60 - ₹65
Issue SizeIPO Doc
43.26CrRHP PDF
About Chavda Infra SMEChavda Infra, incorporated in 2012, operates as an integrated civil construction company. They specialize in offering a diverse array of construction and related services for residential, commercial, and institutional projects in Gujarat, particularly in Ahmedabad and Rajkot. The company provides a comprehensive range of services throughout the construction process, including planning, design, construction, and post-construction activities for their clients.
With their in-house expertise, the company can oversee a project from its initial concept to its final completion swiftly. They focus on streamlining the entire process, reducing risks, and enhancing return on investment. ;
Parent Organisation
Chavda Infra Limited
Founded
2012
Managing Director
Mr. Mahesh Gunvantlal Chavda
Strengths & Risks
As of May 31, 2023, Chavda Infra is managing 26 ongoing projects with a total value of approximately Rs. 60,139 lakhs.
As of March 31, 2023, their equipment fleet consists of 332 machinery and equipment.
The company aims to expand its business by increasing orders beyond Gujarat and extending its geographical reach.
Their project portfolio includes 147 projects in Gujarat, encompassing Residential, Commercial, Industrial, and Institutional developments.
Up to March 31, 2023, they have successfully completed 81 residential projects, including Applewood, The 31st, Shivalik Sharda Harmony, Ratnakar Verte, Straft Luxuria, Anantra Alpines, Avant, Shivalik Residencies, Solitaire Sky, Shivalik Parkview, Saral Sky Suits, and Decora Sky Hills in Rajkot.
The company has also undertaken significant institutional projects in the past, including the construction of the Girls Hostel for Nirma University, Hiramani Aarogyadham, Zydus School of Excellence, Toddler’s Den School, and Dr. Munshi Hospital.
Starting from 2022, the company has diversified into a new business vertical known as re-development. They are currently engaged in the 'Manali Apartment' project in Ahmedabad. This project involves the development of 42 residential flats with a saleable carpet area of 7079 square meters.
Chavda Infra relies heavily on a small number of customers for its sales, and losing any significant customer could harm its revenues and profitability. In the years ending on March 31, 2023, 2022, and 2021, the top ten customers accounted for 73.96%, 81.03%, and 81.28% of total sales, respectively.
Similarly, the company depends on a few key suppliers for its product purchases, and the loss of any of these major suppliers could disrupt its business operations. In the years ending on March 31, 2023, 2022, and 2021, the top ten suppliers contributed 48.44%, 42.75%, and 53.09% of total purchases, respectively.
The company currently faces ongoing legal disputes, and an unfavorable outcome could adversely affect its business.
The company has accumulated debt of Rs. 5,328.95 lakhs as of March 31, 2023. 
The company holds unsecured loans of Rs. 534.98 lakhs from company directors, repayable upon demand.
The company also has secured outstanding debt of Rs. 4,793.97 lakhs as of March 31, 2023, with assets serving as collateral for the lenders.
The company experienced negative cash flow from operating activities in recent years.
Financials
*All values are in Rs. Cr
No Graph Data To Display
Application detailsApply asPrice bandApply upto
Regular₹60 - 65₹2 Lakh
High Networth Individual₹60 - 65₹2 - 5 Lakh
For Chavda Infra SME IPO, eligible investors can apply as Regular.

Listed On	Issue Price	Listing Price	Listing Gains
NSE	₹65.00	₹91.00	₹26.00 (40.00%)

Bidding Dates	Min. Investment	Lot Size	Price Range
12 Sep ‘23 - 14 Sep ‘23	₹1,20,000	2,000	₹60 - ₹65

Issue Size	IPO Doc
43.26Cr	RHP PDF

Apply as	Price band	Apply upto
Regular	₹60 - 65	₹2 Lakh
High Networth Individual	₹60 - 65	₹2 - 5 Lakh

Vaishnavi Tech Park, 3rd & 4th Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
Contact Us
PRODUCTS
StocksFutures & OptionsIPOMutual FundsCreditBill Payments
GROWW
About UsPricingBlogMedia & PressCareersHelp and Support
QUICK LINKS
AMC Mutual FundsCalculatorsGlossaryOpen Demat AccountGroww DigestSitemap
ⓒ 2016-2023 Groww. All rights reserved, Built with ♥in India

ABOUT GROWW

Groww is India’s growing financial services platform where users can find their investment solutions pertaining to mutual funds, stocks, US Stocks, ETFs, IPO, and F&Os, to invest their money without hassles.

Groww objectively evaluates stocks and mutual funds and does not advise or recommend any stocks, mutual funds or portfolios. Investors shall invest at their own discretion, will and consent. Groww, at any time, does not guarantee fixed returns on the capital invested.

Groww helps investors -

· By providing 100% paperless online free Demat and trading account opening

· By providing an objective evaluation of products available on the platform

· By being transparent about fees and charges involved while investing in a product

· By offering decision-making assistance by providing technical analysis with advanced charts, well-designed line & candlestick charts that indicate share price movements, and market indices, along with more details about all registered and listed companies

SECURE TRANSACTIONS ON GROWW

All transactions on Groww are safe and secure. Users can invest through SIP or Lumpsum using Netbanking through all supported banks. It uses BSE Star MF (with Member code 11724) as transaction platform.

TRADE AND INVEST SECURELY WITH GROWW

Stocks, Mutual fund investments, F&Os, etc., are very popular with individual investors because of their numerous benefits. On Groww, an investor can -

- Invest in Nifty 50 (NSE) & Sensex (BSE) listed stocks

- Diversify across multiple stocks and other instruments

- Start SIP with any amount (as low as Rs. 500)

- Switch regular funds to direct funds

- Start automated monthly investments (SIP), and benefit from many more features

All type of mutual funds are available on Groww.

INVESTING IN MUTUAL FUND PORTFOLIOS

Portfolio is collection of mutual funds designed to meet your investment goals. Investing in mutual fund portfolios helps you in diversifying your investments and reduces the risk. Portfolios also help you in assigning an investment goals and make it easy for you to save for and achieve your goals. You can create a portfolio yourself or ask an expert to build it for you.

ATTENTION INVESTORS

1. For Stock Broking Transaction 'Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day...Issued in the interest of Investors.

2. For Depository Transaction 'Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL/NSDL on the same day...Issued in the interest of investors.

3. KYC is a one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

4. If you are subscribing to an IPO, there is no need to issue a cheque. Please write the Bank account number and sign the IPO application form to authorize your bank to make payment in case of allotment. In case of non allotment the funds will remain in your bank account.

· Investors should be cautious on unsolicited emails and SMS advising to buy, sell or hold securities and trade only on the basis of informed decision. Investors are advised to invest after conducting appropriate analysis of respective companies and not to blindly follow unfounded rumours, tips etc. Further, you are also requested to share your knowledge or evidence of systemic wrongdoing, potential frauds or unethical behaviour through the anonymous portal facility provided on BSE & NSE website.

· Awareness regarding guidelines on Margin collection

1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.

2. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.

3. Pay 20% upfront margin of the transaction value to trade in cash market segment.

4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.

5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.

Issued in the interest of Investors

DISCLAIMER

NextBillion Technology Private Limited (CIN: U65100KA2016PTC092879) is a member of NSE & BSE with SEBI Registration no: INZ000301838, Depository Participant of CDSL Depository with SEBI Registration no: IN-DP-417-2019 and Mutual Fund distributor with AMFI Registration No: ARN-111686. Registered office and Correspondence office - No.11, 2nd floor, 80 FT Road, 4th Block, S.T Bed, Koramangala, Bengaluru – 560034. For any grievances related to Stock Broking/DP, please write to [email protected] , please ensure you carefully read the Risk Disclosure Document as prescribed by SEBI.

Procedure to file a complaint on SEBI SCORES: Register on the SCORES portal. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID. Benefits: Effective Communication, Speedy redressal of the grievances.

NextBillion Technology Private Limited makes no warranties or representations, express or implied, on products offered through the platform. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Unless otherwise specified, all returns, expense ratio, NAV, etc are historical and for illustrative purposes only. Future will vary greatly and depends on personal and market circumstances. The information provided by our blog is educational only and is not investment or tax advice.

Mutual fund investments are subject to market risks. Please read all scheme related documents carefully before investing. Past performance of the schemes is neither an indicator nor a guarantee of future performance.

Terms and conditions of the website/app are applicable. Privacy policy of the website is applicable.