Comparison between Chiraharit IPO and Parth Electricals IPO.
Chiraharit IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Parth Electricals IPO is a SME Bookbuilding proposed to list at NSE SME.
| Chiraharit IPO | Parth Electricals IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Finshore Management Services Ltd. | Horizon Management Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Anant Securities | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Chiraharit IPO is up to ₹29.51 Cr whereas the issue size of the Parth Electricals IPO is up to ₹47.18 Cr. The final issue price of Chiraharit IPO is ₹21.00 per share and of Parth Electricals IPO is ₹170.00 per share.
| Chiraharit IPO | Parth Electricals IPO | |
|---|---|---|
| Face Value | ₹1 per share | ₹10 per share |
| Issue Price (Lower) | ₹160.00 per share | |
| Issue Price (Upper) | ₹170.00 per share | |
| Issue Price (Final) | ₹21.00 per share | ₹170.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ₹8.00 per share | |
| Market Lot Size | 6000 shares | 800 shares |
| Fresh Issue Size | 1,40,52,000 shares | 27,78,400 shares |
| Fresh Issue Size (Amount) | up to ₹29.51 Cr | up to ₹47.18 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 1,40,52,000 shares | 27,78,400 shares |
| Issue Size Total (Amount) | up to ₹29.51 Cr | up to ₹47.18 Cr |
Chiraharit IPO opens on Sep 29, 2025, while Parth Electricals IPO opens on Aug 04, 2025. The closing date of Chiraharit IPO and Parth Electricals IPO is Oct 03, 2025, and Aug 06, 2025, respectively.
| Chiraharit IPO | Parth Electricals IPO | |
|---|---|---|
| Anchor Bid Date | Aug 01, 2025 | |
| Issue Open | Sep 29, 2025 | Aug 04, 2025 |
| Issue Close | Oct 03, 2025 | Aug 06, 2025 |
| Basis Of Allotment (Tentative) | Oct 06, 2025 | Aug 07, 2025 |
| Initiation of Refunds (Tentative) | Oct 07, 2025 | Aug 07, 2025 |
| Credit of Share (Tentative) | Oct 07, 2025 | Aug 08, 2025 |
| Listing date (Tentative) | Oct 08, 2025 | Aug 11, 2025 |
| Anchor Lockin End date 1 | Sep 06, 2025 | |
| Anchor Lockin End date 2 | Nov 05, 2025 |
Chiraharit IPO P/E ratio is 13.95, as compared to Parth Electricals IPO P/E ratio of 18.05.
| Chiraharit IPO | Parth Electricals IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)Chiraharit Ltd.'s revenue increased by 96% and profit after tax (PAT) rose by 898% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated)Parth Electricals & Engineering Ltd.'s revenue increased by 102% and profit after tax (PAT) rose by 119% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 100 | 79.6 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73 | 62.57 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.95 | 18.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹115.07 Cr. | ₹232.36 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 62.91 | 24.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 32.29 | 23.38 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.11 | 0.82 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.51 | ₹9.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 62.91 | 24.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Chiraharit IPO Retail Individual Investors (RII) are offered 70,26,000 shares while in Parth Electricals IPO retail investors are offered 70,26,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Chiraharit IPO and 5,41,600 shares in Parth Electricals IPO.
| Chiraharit IPO | Parth Electricals IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 8,12,000 shares |
| Market Maker Reservation | 7,44,000 shares | 1,46,400 shares |
| QIB | 0 shares | 5,41,600 shares |
| NII | 70,26,000 shares | 4,07,200 shares |
| RII | 70,26,000 shares | 9,48,800 shares |
| Employee | 0 shares | 68,800 shares |
| Others | ||
| Total | 1,40,52,000 shares | 27,78,400 shares |
Chiraharit IPO subscribed 1.88x in total, whereas Parth Electricals IPO subscribed 23.77x.
| Chiraharit IPO | Parth Electricals IPO | |
|---|---|---|
| QIB (times) | 17.65x | |
| NII (times) | 0.73x | 43.93x |
| Big NII (times) | 52.99x | |
| Small NII (times) | 25.84x | |
| RII (times) | 3.03x | 20.28x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.88x | 23.77x |
