Chavda Infra Limited IPO
Chavda Infra Limited was a SME IPO in the Civil Construction sector, offered at ₹60–₹65 per share to raise ₹43 crore. It listed on 25 Sep 2023 at ₹91 and closed its first day at ₹86, a listing gain of +33.0% versus the ₹65 issue price. It now trades around ₹45 (-31.0% versus the issue price).
Frequently asked questions
- What were the Chavda Infra Limited IPO listing gains?
- Chavda Infra Limited listed on 25 Sep 2023 at ₹91, closing its first day at ₹86 — a listing gain of +33.0% versus the ₹65 issue price.
- What was the price band and lot size of the Chavda Infra Limited IPO?
- The price band was ₹60–₹65 per share, with a minimum lot of 2,000 shares (₹1,30,000 at the upper band).
- Who were the registrar and lead manager for the Chavda Infra Limited IPO?
- Kfin Technologies Limited was the registrar, and Beeline Capital Advisors was the book-running lead manager.