Comparison between Chiraharit IPO and Samay Project IPO.
Chiraharit IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Samay Project IPO is a SME Bookbuilding proposed to list at NSE SME.
| Chiraharit IPO | Samay Project 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. | Smart Horizon Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.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 Samay Project IPO is up to ₹13.91 Cr. The final issue price of Chiraharit IPO is ₹21.00 per share and of Samay Project IPO is ₹34.00 per share.
| Chiraharit IPO | Samay Project IPO | |
|---|---|---|
| Face Value | ₹1 per share | ₹10 per share |
| Issue Price (Lower) | ₹32.00 per share | |
| Issue Price (Upper) | ₹34.00 per share | |
| Issue Price (Final) | ₹21.00 per share | ₹34.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 6000 shares | 4000 shares |
| Fresh Issue Size | 1,40,52,000 shares | 40,92,000 shares |
| Fresh Issue Size (Amount) | up to ₹29.51 Cr | up to ₹13.91 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 | 40,92,000 shares |
| Issue Size Total (Amount) | up to ₹29.51 Cr | up to ₹13.91 Cr |
Chiraharit IPO opens on Sep 29, 2025, while Samay Project IPO opens on Jun 16, 2025. The closing date of Chiraharit IPO and Samay Project IPO is Oct 03, 2025, and Jun 18, 2025, respectively.
| Chiraharit IPO | Samay Project IPO | |
|---|---|---|
| Anchor Bid Date | Jun 13, 2025 | |
| Issue Open | Sep 29, 2025 | Jun 16, 2025 |
| Issue Close | Oct 03, 2025 | Jun 18, 2025 |
| Basis Of Allotment (Tentative) | Oct 06, 2025 | Jun 19, 2025 |
| Initiation of Refunds (Tentative) | Oct 07, 2025 | Jun 20, 2025 |
| Credit of Share (Tentative) | Oct 07, 2025 | Jun 20, 2025 |
| Listing date (Tentative) | Oct 08, 2025 | Jun 23, 2025 |
| Anchor Lockin End date 1 | Jul 19, 2025 | |
| Anchor Lockin End date 2 | Sep 17, 2025 |
Chiraharit IPO P/E ratio is 13.95, as compared to Samay Project IPO P/E ratio of 8.94.
| Chiraharit IPO | Samay Project 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)Samay Project Services Ltd.'s revenue decreased by 8% and profit after tax (PAT) dropped by 9% between the financial year ending with March 31, 2025 and March 31, 2024.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 96.29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73 | 69.19 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.95 | 8.94 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹115.07 Cr. | ₹52.19 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 62.91 | 23.13 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 32.29 | 24.56 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.11 | 0.10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.51 | ₹3.80 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 62.91 | 20.73 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Chiraharit IPO Retail Individual Investors (RII) are offered 70,26,000 shares while in Samay Project IPO retail investors are offered 70,26,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Chiraharit IPO and 8,00,000 shares in Samay Project IPO.
| Chiraharit IPO | Samay Project IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 12,00,000 shares |
| Market Maker Reservation | 7,44,000 shares | 2,28,000 shares |
| QIB | 0 shares | 8,00,000 shares |
| NII | 70,26,000 shares | 6,36,000 shares |
| RII | 70,26,000 shares | 14,56,000 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 1,40,52,000 shares | 40,92,000 shares |
Chiraharit IPO subscribed 1.88x in total, whereas Samay Project IPO subscribed 29.08x.
| Chiraharit IPO | Samay Project IPO | |
|---|---|---|
| QIB (times) | 22.64x | |
| NII (times) | 0.73x | 69.19x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 3.03x | 15.09x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.88x | 29.08x |
