Description

BSE announces listing of 5,47,96,000 equity shares of Chiraharit Limited following SME IPO with varying lock-in periods.

Summary

BSE has listed 5,47,96,000 fully paid equity shares of Chiraharit Limited following its SME IPO. The shares are held in demat form with different tranches subject to varying lock-in periods ranging from 1 to 3 years.

Key Points

  • Total shares listed: 5,47,96,000 fully paid equity shares
  • All shares held in demat form
  • Multiple tranches with distinctive number ranges
  • Lock-in periods apply to 4,00,00,000 shares
  • 1,45,20,425 shares are free (no lock-in)
  • Lock-in start date: September 27, 2025

Share Distribution Details

Free Shares (No Lock-in):

  • 1,45,20,425 shares (Distinctive Nos. 1 to 1,45,20,425)

Locked-in Shares:

  • 1,45,20,375 shares locked until October 8, 2026 (1 year)
  • 1,09,59,200 shares locked until October 8, 2027 (2 years)
  • 1,47,96,000 shares locked until October 8, 2028 (3 years)

Important Dates

  • Lock-in commencement: September 27, 2025
  • 1-year lock-in expiry: October 8, 2026
  • 2-year lock-in expiry: October 8, 2027
  • 3-year lock-in expiry: October 8, 2028

Compliance Requirements

  • Promoters and locked-in shareholders must adhere to specified lock-in periods
  • Shares cannot be transferred or sold during respective lock-in periods
  • All shares maintained in demat form as per SEBI requirements

Impact Assessment

This is a standard SME IPO listing with minimal market impact. The staggered lock-in structure ensures promoter commitment while allowing partial liquidity through free shares. Impact limited to investors and stakeholders of Chiraharit Limited.

Impact Justification

Routine SME IPO listing with standard lock-in provisions; limited market-wide impact