Chiraharit IPO will open on September 29, 2025, and close on October 3, 2025. It is a Fixed Price Issue through which the company aims to raise about ₹31.07 crores, consisting entirely of a fresh issue of ₹31.07 crores, along with an offer for sale of equity shares with a face value of ₹1 each.

The issue price is set at ₹21 per share. The allocation is 50% for retail investors, 0% for QIBs, and 50% for HNIs. The shares are proposed to be listed on the BSE SME platform on October 8, 2025, and the basis of allotment is scheduled for October 6, 2025.

Financially, the company recorded revenue of ₹59.80 crores in 2025, compared to ₹30.57 crores in 2024, and a profit of ₹6.02 crores in 2025, up from ₹0.60 crores in 2024. Considering these figures, the IPO is viewed as favorable for long-term investment.

About Chiraharit IPO

Chiraharit, in Sanskrit is a combination of two words. “Chira” meaning “Always” and “Harit” meaning “Green”. The objective of Chiraharit is to keep the world Always Green.

Chiraharit, a part of Malaxmi Group, is head quartered in Hyderabad. We provide turnkey piped water movement and application solutions for agriculture, drinking water, large pressurised irrigation network (PIN Projects), industrial bulk water movement, Module Cleaning Systems for Solar Projects.

Malaxmi Group Operates on the core principle of complete integration of the Mind, Body & Soul to deliver services that meet the client requirements, provide joy to the team members and are responsible towards society & environment. For us, every day is a chance to turn issues into opportunities that make a real difference.