Mumbai, Oct. 8 -- The scrip was listed at Rs 16.80, a discount of 20% compared with the initial public offer (IPO) price.

So far, the stock has hit a high of 16.80 and a low of 15.96. On the BSE, over 1.14 lakh shares of the company were traded in the counter so far.

The initial public offer (IPO) of Chiraharit was subscribed 1.83 times. The issue opened for bidding on 29 September 2025 and it closed on 03 October 2025. The price band of the IPO was fixed at Rs 21 per share.

The IPO comprised a fresh issue of 1,47,96,000 equity shares. The promoter and promoter group shareholding diluted to 73% from 100% pre-issue.

The company intends to utilize the net proceeds for funding capital expenditure towards setting up an HDPE ball valve and...