Open Date
12 Sep 2023
14 Sep 2023
2000 shares
Rs. 43.26 Cr
Lot Size
IPO Size
Listing At
NSE SME
Listing Date
Price Range
₹60 to ₹65
Close Date
Allotment Date
20 Sep 2023
25 Sep 2023
Chavda Infra Limited, founded in 2012, provides construction and allied services in Gujarat for residential, commercial, and institutional projects. Chavda Infra is part of the Chavda group, which includes three companies: Chavda Infra, Chavda RMC, and Chavda Developers, all of which provide services in Ahmedabad, Gandhinagar, and Rajkot.
The company intends to utilize the net proceeds from the issue towards the funding of the following objects: To Meet Working Capital Requirements General corporate purposes To meet Public Issue Expenses.
The book-running lead managers to the offer are: Beeline Capital Advisors Pvt Ltd
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