Chiraharit IPO vs Shyam Dhani Industries IPO

Comparison between Chiraharit IPO and Shyam Dhani Industries IPO.

IPO Details

Chiraharit IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Shyam Dhani Industries IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Chiraharit IPO is up to ₹29.51 Cr whereas the issue size of the Shyam Dhani Industries IPO is up to ₹36.53 Cr. The final issue price of Chiraharit IPO is ₹21.00 per share and of Shyam Dhani Industries IPO is ₹70.00 per share.

 Chiraharit IPOShyam Dhani Industries IPO
Face Value₹1 per share₹10 per share
Issue Price (Lower)₹65.00 per share
Issue Price (Upper)₹70.00 per share
Issue Price (Final)₹21.00 per share₹70.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size6000 shares2000 shares
Fresh Issue Size1,40,52,000 shares52,18,000 shares
Fresh Issue Size (Amount)up to ₹29.51 Crup to ₹36.53 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total1,40,52,000 shares52,18,000 shares
Issue Size Total (Amount)up to ₹29.51 Crup to ₹36.53 Cr

IPO Timetable

Chiraharit IPO opens on Sep 29, 2025, while Shyam Dhani Industries IPO opens on Dec 22, 2025. The closing date of Chiraharit IPO and Shyam Dhani Industries IPO is Oct 03, 2025, and Dec 24, 2025, respectively.

 Chiraharit IPOShyam Dhani Industries IPO
Anchor Bid DateDec 19, 2025
Issue OpenSep 29, 2025Dec 22, 2025
Issue CloseOct 03, 2025Dec 24, 2025
Basis Of Allotment (Tentative)Oct 06, 2025Dec 26, 2025
Initiation of Refunds (Tentative)Oct 07, 2025Dec 29, 2025
Credit of Share (Tentative)Oct 07, 2025Dec 29, 2025
Listing date (Tentative)Oct 08, 2025Dec 30, 2025
Anchor Lockin End date 1Jan 24, 2026
Anchor Lockin End date 2Mar 25, 2026

Financials & KPIs

Chiraharit IPO P/E ratio is 13.95, as compared to Shyam Dhani Industries IPO P/E ratio of 13.19.

 Chiraharit IPOShyam Dhani Industries 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.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets40.5825.7722.71
Total Income59.8030.5733.03
Profit After Tax6.020.600.42
EBITDA9.762.361.69
NET Worth9.573.312.57
Reserves and Surplus5.573.062.32
Total Borrowing20.2216.3015.92
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Shyam Dhani Industries Ltd.'s revenue increased by 16% and profit after tax (PAT) rose by 28% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets88.7982.4752.8427.51
Total Income63.83124.75107.6468.10
Profit After Tax4.208.046.302.92
EBITDA8.6614.5210.885.97
NET Worth27.8123.6115.569.26
Reserves and Surplus12.938.7314.428.12
Total Borrowing48.1847.2424.4512.75
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10098.11
Promoter Shareholding (Post-Issue)7372
P/E Ratio13.9513.19
Market Cap₹115.07 Cr.₹144.59 Cr.
ROE62.9141.06
ROCE32.2939.00
Debt/Equity2.112.00
EPS₹1.51₹5.31
RoNW62.9134.07

Shares Offered

In the Chiraharit IPO Retail Individual Investors (RII) are offered 70,26,000 shares while in Shyam Dhani Industries IPO retail investors are offered 70,26,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Chiraharit IPO and 10,44,000 shares in Shyam Dhani Industries IPO.

 Chiraharit IPOShyam Dhani Industries IPO
Anchor Investor Reservation0 shares15,60,000 shares
Market Maker Reservation7,44,000 shares2,80,000 shares
QIB0 shares10,44,000 shares
NII70,26,000 shares7,86,000 shares
RII70,26,000 shares18,28,000 shares
Employee0 shares0 shares
Others
Total1,40,52,000 shares52,18,000 shares

Bids Received (Subscription)

Chiraharit IPO subscribed 1.88x in total, whereas Shyam Dhani Industries IPO subscribed 988.29x.

 Chiraharit IPOShyam Dhani Industries IPO
QIB (times)256.24x
NII (times)0.73x1,612.65x
Big NII (times)1,849.56x
Small NII (times)1,138.83x
RII (times)3.03x1,137.92x
Employee (times)
Other (times)
Total (times)1.88x988.29x

Compare with others

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Chiraharit IPO Vs Shyam Dhani Industries IPO