Chiraharit Ltd. launched a fixed-price IPO of ₹31.07 crore on September 29, 2025. It was entirely a fresh issue of 1.48 crore shares. The IPO has closed today on October 3, 2025. The allotment is expected to be finalised on October 6, 2025, and the shares are scheduled to list tentatively on October 8, 2025 on BSE SME.
Chiraharit Ltd. launched a fixed-price IPO of ₹31.07 crore on September 29, 2025, comprising entirely a fresh issue of 1.48 crore shares. The IPO closed on October 3, 2025, with allotment expected to be finalised on October 6, 2025. The shares were scheduled to list on BSE SME with a tentative listing date of October 8, 2025.
The largest share of the proceeds is set aside for working capital requirements, aimed at strengthening day-to-day operations and supporting ongoing business activities. Another portion of the IPO funds is allocated to business expansion and capacity enhancement, reflecting the company’s focus on growth.
The table below breaks down the Chiraharit share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Category | Shares Offered | Size (%) |
| Market Maker | 7,44,000 | 5.03% |
| Other | 70,26,000 | 47.49% |
| Retail | 70,26,000 | 47.49% |
| Total | 1,47,96,000 | 100% |
| Category | Subscription (Times) |
| NII* | 0.73x |
| Individual Investors | 3.03x |
| Total | 1.88x |
Note: The subscription details are as of October 3, 2025
Chiraharit Limited, originally incorporated as Brahmani Ventures Private Limited in 2006, focuses on promoting greenery through efficient water transportation and renewable energy projects. The company specializes in turnkey EPC (Engineering, Procurement, and Construction) projects across two main sectors: Water-based and Renewable Energy-based.
In its Water segment, Chiraharit handles pressurized piped water systems for agricultural irrigation, residential and industrial drinking water supply, solar module cleaning, and landscaping projects. The Renewable Energy segment is a newer venture, where the company constructs Compressed Bio-Gas (CBG) plants, offering complete civil, mechanical, and pumping system solutions.
By combining sustainable energy initiatives with technical expertise, Chiraharit Limited delivers comprehensive solutions that support environmental sustainability, efficient water management, and renewable energy development, positioning itself as a reliable partner for eco-friendly infrastructure projects.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Oct 3, 2025, 5:18 PM IST
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