Skip to main content
MainBoardUpcoming
Chartered Speed Limited Upcoming IPO Logo

Chartered Speed Limited IPO

Offer Date :
Listed At
₹ Offer Price
Lot Size
Subscription
Allotment Date
Listing Date

Ipo Details

Subscription

Chartered Speed Limited Upcoming IPO lot distribution

Lot Distribution

lot-distribution

Reservation

lot-distribution

Company Financials

₹0 (0.00%)

Premium (ELP)

Chartered Speed Limited's is preparing to launch its Initial Public Offering (IPO) with a substantial issue size of TBD. The offering comprises a fresh issue component of TBD, alongside an Offer for Sale (OFS) component of ₹200.00 Cr from existing shareholders.

The price band for the IPO has been set at TBD, providing investors with a range to place their bids. The minimum investment lot consists of TBD, making it accessible to both retail and institutional investors.

The subscription window for this public offering opens on TBD and will conclude on TBD. Following the subscription period, the share allotment is scheduled for TBD, with the official listing expected to commence on TBD on the NSE, BSE exchange.

Chartered Speed IPO Details
Chartered Speed IPO Key Performance Indicator
Company Financials ( In Crores )

Chartered Speed IPO About Company

Chartered Speed is a leading passenger mobility company in India with a fleet of over 2,000 buses, providing both inter-city and intra-city transport services across multiple states. The company operates on a mix of long-term government-backed contracts and ticket-based revenue, with a major portion of its income coming from annuity-based agreements with state transport bodies, institutions, and corporates. It serves a large network of around 500 cities with hundreds of pick-up points and caters to lakhs of passengers daily, supported by a diverse fleet that includes electric, luxury, and standard buses. With strong growth in intra-city operations, especially in Gujarat and Madhya Pradesh, and a workforce of thousands including drivers, Chartered Speed continues to expand its presence in India’s public transportation sector.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


The expected premium is based on market buzz and online information. It should not be considered as the actual listing price or valuation. Always refer to the RHP and seek advice from a financial expert before making any investment decisions.

Chartered Speed IPO Strength Factors

  1. Strong Presence in Public Transport Services: Operates bus services for government and institutional clients, ensuring steady demand and long-term contracts.
  2. Asset-Based Business Model: Own fleet of buses allows better control over operations and service quality.
  3. Growing Urban Mobility Demand: Increasing focus on public transport and smart city initiatives supports future growth.

Chartered Speed IPO Risk Factors

  1. High Operating Costs: Fuel, maintenance, and staff expenses can significantly impact profitability.
  2. Dependence on Government Contracts: A large portion of revenue is linked to government agreements, which may involve delays or policy changes.
  3. Capital Intensive Operations: Continuous investment required for fleet expansion and maintenance affects cash flow.

Chartered Speed IPO Lead Manager(s)

  • Motilal Oswal Investment Advisors Limited
  • SBI Capital Markets Limited

Chartered Speed IPO Promoter(s)

  1. Pankaj Gandhi
  2. Alka Pankaj Gandhi
  3. Sanyam Gandhi

Chartered Speed IPO Company Details

Chartered Speed Limited
Phone:
address:

Chartered Speed IPO Registrar

Link Intime India Private Limited
Name:
Phone:

Chartered Speed IPO FAQs