Chavda Infra Limited Incorporated in 2012 is an integrated civil construction company based in Gujarat, with a strong presence in Ahmedabad and Rajkot. A huge range of construction and related services are offered by the company including residential, commercial, and institutional projects. Chavda Infra Limited is well known for its extensive expertise which covers the entire construction chain from initial planning and design to construction and post-construction activities. Notably, the company has ISO 9001:2015 certification from BCQ Assessment Private Limited for their quality management system.
With an in-house team equipped to manage projects from concept to completion, Chavda Infra Limited places a strong emphasis on mitigating risk and maximizing return on investment. Over the years, Chavda Infra Limited has successfully completed several prestigious projects in Ahmedabad. These include residential developments like Straft Laxuria, Shivalik Parkview, and Shivalik Sharda Harmony, as well as commercial ventures such as AAA Corporate House, Sadbhav House, Solitaire Sky, Sandesh Press, Suyash Solitaire, and Solitaire Connect. In addition to these, the company has undertaken institutional projects like AIS Toddler’s Den, Nirma University (old Building), and Zydus School & Excellence.
Since its inception, Chavda Infra Limited has executed more than 100 projects, with a total value of ₹67,099.45 Lakhs. The company’s execution abilities have grown immensely which enables it to handle larger projects simultaneously. As of May 31, 2023, Chavda Infra Limited has 26 ongoing projects valued at approximately ₹60,139 lakhs, underscoring its robust order book. The company’s prominent presence in this industry has been firmly established due to its steady expansion and proficiency in real estate project execution.
Chavda Infra Limited derives its revenue from three primary business verticals:
- Contracting Services: Chavda Infra Limited operates as a contractor for well-known builders in Gujarat, accepting residential, commercial, industrial, and institutional projects. Its portfolio includes 147 projects (including ongoing ones) in the state. The majority are residential projects, such as Applewood, The 31st, Shivalik Sharda Harmony, and others. Furthermore, Chavda Infra Limited handles commercial and industrial assignments, including projects for corporate entities like Suyash Solitaire, AAA Corporate House, and Sadbhav Engineering Limited Corporate House. Institutional projects encompass healthcare facilities, educational institutes, and malls, with completed projects like the Girls Hostel for Nirma University building, Hiramani Aarogyadham, Zydus School of Excellence, and Toddler’s Den School.
- Development Services: In FY 2022-23, Chavda Infra Limited ventured into real estate development with the Manali Apartment redevelopment project in Ahmedabad City.
- Commercial Renting Services: The company generates rental income by leasing construction equipment to its related entity, Chavda RMC LLP. Additionally, Chavda Infra Limited owns various residential and commercial properties in Ahmedabad City, Gujarat, which are commercially rented out to third parties.
Chavda Infra Limited IPO Complete Details:
Chavda Infra Limited IPO Timetable:
Company Financial Details:
AS OF NOW, the GMP OF Chavda Infra Limited is Around 60 Rs.
Objects Of Issue:
- The company seeks to raise funds to meet its working capital requirements.
- Funds are being raised for general corporate purposes.
- The company intends to utilize the funds to cover public-issue expenses.
Promoters:
Mr. Mahesh Gunvantlal Chavda, aged 66, is the Promoter of the company, serving as its Chairman and Managing Director. He completed his Diploma in Plastic Engineering in 1979 from the Technical Examination Board, Gujarat State. With over 18 years of experience in the Construction and Real Estate industries, he initially held the position of a Non-Executive Director in the Promoter Category since the company’s inception on October 8, 2012.
FAQs:
When Chavda Infra Limited IPO is Opening?
Chavda Infra Limited IPO is Opening on 12 September 2023(Tuesday).
When Chavda Infra Limited IPO is Closing?
Chavda Infra Limited IPO is Closing on 14 September 2023(Thursday).
What is the IPO Issue Size of Chavda Infra Limited?
The IPO Issue Size of Chavda Infra Limited is 43.26 Crore.
Price Band of Chavda Infra Limited IPO?
The price Band of Chavda Infra Limited IPO is 60 to 65 rupees per share.
What is the minimum investment for Chavda Infra Limited IPO?
The minimum investment for Chavda Infra Limited IPO is 130,000 Rupees.
Allotment Date of Chavda Infra Limited IPO?
The Allotment of Chavda Infra Limited IPO is on 20 September 2023(Wednesday).
Listing Date of Chavda Infra Limited IPO?
The Listing Of Chavda Infra Limited is Scheduled on 25 September 2023(Monday).
One Should Apply Chavda Infra Limited IPO or Not?
One can Apply for listing gains.
How to apply for Chavda Infra Limited IPO through the Zerodha Application?
Open Zerodha Application ——–> At the Bottom Click on Orders ——–> Then at the Top Click on IPO ——–> Find Chavda Infra Limited IPO from the list ——–> Then Click Apply Button ——–> Select Investor Type(Individual) ——–> Enter Your UPI ID ——–> Select @ Extension ——–> Click on Cut-Off Price Box ——–> Enter Quantity ——–>Tick Check Box Of Terms and Conditions ——–> Drag Submit IPO Button On Right Side ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Chavda Infra Limited IPO through the Upstox Application?
Open Upstox Application ——–> At the Bottom Click on Invest ——–> Then Click On “View ongoing IPO” ——–> Find Chavda Infra Limited IPO from the list ——–> Then Click Apply Button ——–> Enter Your UPI ID ——–> Select Investor Type ——–> Enter the Number of Lots to Purchase ( ENTER 1) ——–> Click on Cut-Off Price Box ——–>Tick Check Box Of Terms and Conditions ——–> Click on Continue ——–> Click on Confirm And Apply ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Chavda Infra Limited IPO through Angel One Application?
Open Angel One Application ——–> At the Bottom Click on Home ——–> Click on IPO Button ——–> Find Chavda Infra Limited IPO from the list ——–> Click on IPO Name ——–> Click on Apply Now ——> Enter Lot (1) ——–> Select Investor Type ——–> Enter UPI ID ——–> Click on “Apply For IPO” —>Click On Proceed ——–> Accept IPO Mandate Received in Your UPI Application.
Who is Chavda Infra Limited IPO’s Lead Manager?
Beeline Capital Advisors Pvt Ltd is the Lead Manager of Chavda Infra Limited IPO.
Where To Check the Allotment of Chavda Infra Limited IPO?
The allotment status for the Chavda Infra Limited IPO will be accessible on the Kfin Technologies Limited Website.
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