Chavda Infra Limited

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
Email	compliance@chavdainfra.com
Website	https://www.chavdainfra.com/

Offer Documents

Chavda Infra Limited DRHP

Chavda Infra Limited RHP

Registrar Details

Name	Kfin Technologies Limited
Phone	04067162222, 04079611000
Email	chavdainfra.ipo@kfintech.com
Website	https://kosmic.kfintech.com/ipostatus/

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%