Chiraharit IPO Sees Moderate Demand, Subscribed 1.88x by Day 4
Last Updated: 3rd October 2025 - 06:33 pm
Chiraharit Limited's initial public offering (IPO) has demonstrated moderate investor interest through its fourth day of subscription, with Chiraharit's stock price set at ₹21 per share reflecting steady market reception. The ₹31.07 crore IPO reached 1.88 times by 4:59:50 PM on day four.
Chiraharit IPO individual investors segment leads with strong 3.03 times subscription, whilst non-institutional investors demonstrate limited participation at 0.73 times.
Subscription Status of Chiraharit IPO:
| Date | NII | Individual Investors | Total |
| Day 1 (September 29) | 0.12 | 0.07 | 0.10 |
| Day 2 (September 30) | 0.06 | 0.34 | 0.20 |
| Day 3 (October 01) | 0.24 | 1.31 | 0.77 |
| Day 4 (October 03) | 0.73 | 3.03 | 1.88 |
Here are the subscription details for Chiraharit IPO as of Day 4 (October 3, 2025, 4:59:50 PM):
| Investor Category | Subscription (times) | Shares Offered | Shares bid for |
Total Amount (₹ Cr.) |
| Market Maker | 1.00 |
7,44,000 |
7,44,000 | 1.56 |
| Non-Institutional Buyers | 0.73 | 70,26,000 | 51,60,000 | 10.84 |
| Individual Investors | 3.03 | 70,26,000 | 2,12,88,000 | 44.70 |
| Total | 1.88 | 1,40,52,000 | 2,64,48,000 | 55.54 |
Key Highlights - Day 4:
- Overall subscription reached moderate 1.88 times, showing substantial improvement from day three's 0.77 times
- Individual investors displaying strong confidence at 3.03 times, building substantially from day three's 1.31 times
- Non-institutional investors showing limited performance at 0.73 times, building substantially from day three's 0.24 times
- Total applications reached 1,917, indicating minimal investor participation for this SME IPO
- Cumulative bid amount reached ₹55.54 crores, significantly exceeding the issue size of ₹31.07 crores
Chiraharit IPO - Day 3 Subscription at 0.77 Times
Key Highlights - Day 3:
- Overall subscription reaching limited 0.77 times, showing substantial improvement from day two's 0.20 times
- Individual investors displaying moderate confidence at 1.31 times, building substantially from day two's 0.34 times
- Non-institutional investors showing limited performance at 0.24 times, building substantially from day two's 0.06 times
Chiraharit IPO - Day 2 Subscription at 0.20 Times
Key Highlights - Day 2:
- Overall subscription reaching limited 0.20 times, showing improvement from day one's 0.10 times
- Individual investors displaying limited confidence at 0.34 times, building substantially from day one's 0.07 times
- Non-institutional investors showing minimal performance at 0.06 times, declining from day one's 0.12 times
Chiraharit IPO - Day 1 Subscription at 0.59 Times
Key Highlights - Day 1:
- Overall subscription reached minimal 0.10 times, showing very cautious initial investor interest
- Non-institutional investors showing minimal performance at 0.12 times, indicating very weak HNI appetite
- Individual investors displaying minimal confidence at 0.07 times, showing very weak retail sentiment
About Chiraharit Limited
Incorporated in 2006, Chiraharit Limited specializes in turnkey EPC projects focusing on water-based and renewable energy sectors, delivering innovative solutions including solar module cleaning systems, irrigation solutions, water pipeline solutions, and construction of Compressed Bio-Gas plants, operating with a robust order book of ₹51.38 crore as of August 31, 2025.
- FREE IPO Application
- Apply with Ease
- Pre-Apply for IPOs
- UPI Bid Instantly
Trending on 5paisa
Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. For detailed disclaimer please Click here.