Chavda Infra Limited

About the company

## **About Chavda Infra Limited IPO :** Incorporated in 2012, Chavda Infra Limited is a part of the Chavda group and specialises in construction and allied services across residential and  commercial projects. They are an integrated civil construction company offering a diversified range of construction and allied services across residential, commercial and institutional projects in Gujarat, especially in Ahmedabad and Rajkot. The Company  provides services across the construction value chain, ranging from planning and design to construction and post-construction activities. The company is ISO 9001:2015 certified for quality management systems by BCQ Assessment Private Limited. The quality certification is towards construction of commercial, residential, institutional buildings. The company’s  major source of revenue is from 3 major business verticals: Contracting Services, Development Services and  Commercial Renting Services. The Company has constructed well-known buildings in Ahmedabad namely Straft Laxuria, Shivalik Parkview and Shivalik Sharda Harmony, being residential projects. AAA Corporate House, Sadbhav House, Solitaire Sky, Sandesh Press, Suyash Solitaire and Solitaire Connect, being commercial projects. AIS Toddler’s Den, Nirma University (old Building) and Zydus School & Excellence, being institutional projects. As of May 31, 2023, the company has 26 on-going projects worth approximately ₹ 60,139 lakhs, suggesting a strong order book. Out of 26 on-going projects 4 are commercial Projects, 4 are institutional projects and 18 are residential projects. Now, Chavda Infra Limited is coming out with its initial public offer (IPO).  The IPO will be a fresh issue. The money raised will be utilised to meet working capital requirements, fund General corporate purposes and meet public issue expenses. ## **Here are key details about the Chavda Infra Limited IPO :** Company Name| Chavda Infra Limited |  | Company Type| Private ---|---|---|---|--- IPO Type|SME|

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   12 Sept 2023

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   14 Sept 2023

   Last day to place your bid

3. Basis of Allotment

   Completed
   14 Sept 2023

   Share allotment finalised

4. Refund Initiation

   Completed
   21 Sept 2023

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   20 Sept 2023

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   25 Sept 2023

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.