Dhara Rail Projects Ltd IPO Day 2 Subscriptions Status: Check Bidding Details

Summary of IPO:

Dhara Rail Projects Ltd IPO consists of a fresh issue of ₹50.20. The IPO’s price band is ₹120 – ₹126 per share. The company’s shares will be listed on NSE - SME on 31 Dec 25

The initial public offering of Dhara Rail Projects Ltd ended the second day with investors bidding 3.1638 times the available shares. The retail investor portion of the IPO was subscribed 2.7085 times the available shares on offer. Retail investors have 1,324,000/2,851,000 (46.44%) shares of the total issue reserved for them.

At the end of bidding on day 2, the qualified institutional buyers 3,441,000/9,020,000 (38.15%) portion of the IPO got bids for 4.5516 times the available shares on offer. The QIB portion includes insurance companies, domestic mutual funds, foreign institutional buyers, and other institutional investors.

The non institutional investors quota got bids for 2.585 times the available quota of shares. This segment includes HNI and ultra HNI investors.

Here are the key details of Dhara Rail Projects Ltd IPO

Fresh issue: 50.20 

Price Band: ₹120 – ₹126 per share 

Bid open dates: 23 Dec 25 

Allotment date: 29 Dec 25 

Listing date: 31 Dec 25