Chiraharit IPO
Chiraharit IPO Details
-
Open Date
29 Sep 2025
-
Close Date
03 Oct 2025
-
Listing Date
08 Oct 2025
- IPO Price Range
₹ 21
- IPO Size
₹ 31.07 Cr
- Listing Exchange
BSE SME
Chiraharit IPO Timeline
Chiraharit IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 29-Sep-25 | - | 0.12 | 0.07 | 0.10 |
| 30-Sep-25 | - | 0.06 | 0.34 | 0.20 |
| 01-Oct-25 | - | 0.24 | 1.31 | 0.77 |
| 03-Oct-25 | - | 0.73 | 3.03 | 1.88 |
Last Updated: 03 October 2025 6:50 PM by 5paisa
Chiraharit Limited, incorporated in 2019 and headquartered in New Delhi, is engaged in the business of providing financial and advisory services with a focus on lending solutions, investment advisory, and related financial products. The company primarily caters to individuals, small businesses, and enterprises by offering short-term and medium-term loan products, alongside financial consultancy services designed to support working capital, business expansion, and investment planning needs.
The company has built its presence by focusing on underserved and semi-urban markets where access to formal financing remains limited. With its growing distribution network and customer-centric approach, Chiraharit has been able to build a diversified portfolio of clients and services. In addition to lending, it offers advisory support on wealth management and investment products, positioning itself as a holistic financial solutions provider.
Established year: 2006
Managing director: Pavan Kumar Bang
Peers:
1. Polysil Irrigation Systems Limited
Chiraharit Objectives
1. Augment lending book and expand financial services
2. Funding long-term working capital requirements
3. Investment in technology infrastructure and platforms
4. Repayment / prepayment of selected borrowings
5. General corporate purposes
Chiraharit IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹31.07 Cr |
| Offer For Sale | - |
| Fresh Issue | ₹31.07 Cr |
Chiraharit IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 12000 | 2,52,000 |
| Retail (Max) | 2 | 12000 | 2,52,000 |
Chiraharit IPO Reservation
| Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| NII (HNI) | 0.73 | 70,26,000 | 51,60,000 | 10.84 |
| Retail Investors | 3.03 | 70,26,000 | 2,13,12,000 | 44.76 |
| Total** | 1.88 | 1,40,52,000 | 2,64,72,000 | 55.59 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
|---|---|---|---|
| Revenue | 24.42 | 32.88 | 30.56 |
| EBITDA | 1.61 | 1.68 | 2.35 |
| PAT | 0.93 | 0.42 | 0.6 |
| Particulars (in Rs. Crores)] | FY22 | FY23 | FY24 |
|---|---|---|---|
| Total Assets | 18.39 | 22.71 | 25.77 |
| Share Capital | 25.0 | 25.0 | 25.0 |
| Total Borrowings | 12.70 | 15.92 | 16.30 |
| Particulars (in Rs. Crores | FY22 | FY23 | FY24 |
|---|---|---|---|
| Net Cash Generated From / (used in) operating activities | -3.73 | 1.00 | 1.76 |
| Net Cash Generated From / (used in) investing activities | -3.72 | -1.33 | -0.15 |
| Net Cash Generated From / (used in) financing activities | 8.11 | -0.47 | -1.35 |
| Net Increase (Decrease) In Cash And Cash Equivalents | 0.65 | -0.80 | 0.25 |
Strengths
1. Diversified financial services and lending portfolio
2. Focus on underserved and semi-urban markets
3. Experienced promoters with financial sector background
4. Growing customer base with repeat clients
5. Balanced mix of lending and advisory services
Weaknesses
1. Limited scale compared to large NBFCs and banks
2. High dependence on interest income
3. Exposure to credit and repayment risks
4. Regional concentration in operations
5. Thin margins in competitive lending markets
Opportunities
1. Rising demand for credit in semi-urban India
2. Expansion into digital lending and fintech platforms
3. Cross-selling investment and wealth advisory products
4. Government push for financial inclusion initiatives
5. Growing SME sector needing customised financing
Threats
1. Intense competition from banks and NBFCs
2. Regulatory changes in lending norms and compliance
3. Rising interest rates impacting borrowing costs
4. Non-performing asset (NPA) risk in portfolio
5. Economic slowdown reducing credit demand
1. Exposure to India’s growing financial services market
2. Focus on semi-urban and underserved credit segments
3. Strong growth potential in lending and advisory services
4. IPO proceeds to expand loan book and reduce debt
5. Positioned to benefit from financial inclusion initiatives
India’s financial services sector continues to expand rapidly, driven by increasing credit demand from individuals, MSMEs, and semi-urban markets. While banks dominate, NBFCs and financial service providers play a critical role in bridging gaps where traditional institutions are less active. Chiraharit, with its dual focus on lending and advisory, is well-positioned to serve this niche. The infusion of IPO funds will strengthen its lending book, provide working capital, and enhance digital and operational infrastructure. With favourable industry tailwinds, financial inclusion initiatives, and rising aspirations in semi-urban and rural India, the company has significant potential to grow, provided it maintains prudent credit risk management and expands its reach efficiently.
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FAQs
ChiraharitIPO opens from September 29, 2025 to October 3, 2025.
The size of ChiraharitIPO is ₹31.07 Cr.
The price band of Chiraharit IPO is fixed at ₹21 per share.
To apply for Chiraharit IPO, follow the steps given below:
1. Login to your 5paisa account and select the issue in the current IPO section
2. Enter the number of lots and the price at which you wish to apply for the Chiraharit IPO.
3. Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of the Chiraharit IPO is of 12,000 shares and the investment required is ₹2,52,000.
The share allotment date of Chiraharit IPO is October 6, 2025
The Chiraharit IPO will likely be listed on October 8, 2025.
Finshore Management Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
Chiraharit plans to utilise the raised capital from the IPO for:
1. Augment lending book and expand financial services
2. Funding long-term working capital requirements
3. Investment in technology infrastructure and platforms
4. Repayment / prepayment of selected borrowings
5. General corporate purposes
Chiraharit Contact Details
Malaxmi Courtyard, Survey No. 157,
Khajaguda Village,
Chitrapuri Colony Post,
Hyderabad, Telangana, 500104
Phone: +91 7738561210
Email: cs@chiraharit.com
Website: https://chiraharit.com/
Chiraharit IPO Register
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Chiraharit IPO Lead Manager
Finshore Management Services Ltd.