ListedSMEEngineeringCHIRAHARIT

Chiraharit IPO

Chiraharit IPO is an SME IPO raising ₹31 Cr at a fixed price of ₹21 a share. It listed on 8 Oct 2025 at ₹17, −20.0% against its issue price of ₹21, and trades at ₹12 today (−44.4% since issue). It was subscribed 1.93× in total.

₹21
Issue price
₹12
Price now
−44.4%
Since issue price
8 Oct 2025
Listed on
1.93×Subscribed (final) · all exchanges

Just covered — bids slightly exceed the shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Issue price (fixed)₹21
Cut-off price₹21
Issue size₹31 Cr
Shares per lot6000
Minimum application₹1,26,000
Minimum quantity12000
Face value₹1
Listing exchangesBSE
ISININE12P101018
Bidding hours10:00 – 17:00 IST
Bidding window29 Sept 2025 – 3 Oct 2025
SME
What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.