Chavda Infra Limited
ListedSMEInfrastructure & Construction · NSE
Chavda Infra Limited, incorporated in 2012, provides construction and allied services for residential, commercial, and institutional projects in Gujarat. Part of the Chavda Group, which includes Chavda RMC and Chavda Developers, the company has delivered over 100 projects worth ₹67,099.45 Lakhs. Its three verticals—Contracting Services, Development Services, and Commercial Renting Services—cover planning, design, construction, and post-construction activities. Notable projects include Straft Laxuria, Shivalik Parkview, AAA Corporate House, and Nirma University buildings. ISO 9001:2015 certified, Chavda Infra employs over 250 people and recorded ₹16,188.57 Lacs in revenue for FY2023, with 26 ongoing projects worth ₹60,139 Lakhs.
Price Band
₹60 – ₹65
Issue Size
₹43.26 Cr
Lot Size
2000 shares
GMP
₹60
+92.3%
Est. Listing
₹125
at current GMP
Subscribed
180.13x
overall
Open
12 Sep 2023
Close
14 Sep 2023
Allotment
20 Sep 2023
Refund
21 Sep 2023
Demat Credit
22 Sep 2023
Listing
25 Sep 2023
Last updated 12 days ago
Key Highlights
- •Leading player in the Infrastructure & Construction segment
- •Price band established at ₹60 - ₹65 per equity share
- •Minimum bid lot is 2000 shares
- •Estimated listing target of ₹125 based on current grey market activity