Dhara Rail Projects Ltd IPO
Price Range
₹120 - ₹126
-
Min. Quantity
2,000 Shares
Closes on
26 December 2025
-
Min. investment
₹2,52,000
Dhara Rail Projects Ltd IPO Timeline
| Event | Date |
|---|---|
| Dhara Rail Projects Ltd IPO Opening Date | 23 December 2025 |
| Dhara Rail Projects Ltd IPO Closing Date | 26 December 2025 |
| Basis of Allotment | 29 December 2025 |
| Initiation of Refunds | 30 December 2025 |
| Credit of Shares to Demat | 30 December 2025 |
| Dhara Rail Projects Ltd IPO Listing Date | 31 December 2025 |
Dhara Rail Projects Ltd IPO Details
| Dhara Rail Projects Ltd IPO Date | 23 December 2025 to 26 December 2025 |
| Dhara Rail Projects Ltd IPO Face Value | ₹10 per share |
| Dhara Rail Projects Ltd IPO Price | ₹120 to ₹126 per share |
| Dhara Rail Projects Ltd IPO Lot Size | 2,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹50.2 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹50.2 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | Not more than 7,56,000 of the Net Offer |
| Retail Shares Offered | Not less than 13,24,000 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 7,71,000 of the Net Offer |
| Company Promoters | Tejas Lalit Mehta, Jagruti Tejas Mehta, Dhara Tejas Mehta |
Dhara Rail Projects Ltd IPO Lot Size
The Dhara Rail Projects Ltd IPO lot size is 2,000 shares. A retail-individual investor can apply for up to 0 lots (0 shares or ₹0).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 2,000 | ₹2,52,000 |
| Maximum | - | 0 | ₹0 |
- Strengths
- Risks
- Opportunities
- Diversified Order Book of projects across India.
- Revenue from multiple geographies.
- Assured Quality Services.
- Experienced Senior Management.
Company Financials
Dhara Rail Projects Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 43.97 | 47.13 | 6.29 |
| 03-2024 | 46.25 | 34.04 | 2.80 |
| 03-2023 | 34.01 | 27.02 | 1.17 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment and/or pre-payment, in full or part, of borrowing availed by the Company
- To Meet Working Capital Requirements of the Company
- General Corporate Purpose
Dhara Rail Projects Ltd IPO Promoter Holding
| Pre Issue Share Holding | 50% |
| Post Issue Share Holding | 36.79% |
Dhara Rail Projects Ltd IPO Subscription Status (Bidding Detail)
The Dhara Rail Projects Ltd IPO is subscribed 103.9663 times on 26 December 2025 05:00:00 PM. The public issue subscribed 97.6088 times in the retail category, 71.3042 times in the QIB category, and 146.9105 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 71.3042 | 146.9105 | 97.6088 | - | 103.9663 |
Dhara Rail Projects Ltd IPO Prospectus
Dhara Rail Projects Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | NSE - SME |
| ISIN | INE2HJL01019 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
Gala #.O 196-K Girgaum GaiwadiGirgaum,Mumbai-400004
Phone: +91 22 2386 5040
Email: cs@drppl.com
Website: https://drppl.com/
Dhara Rail Projects Ltd IPO Registrar
Dhara Rail Projects Ltd IPO Lead Manager(s)
- HEM Securities Limited
How to Check the Allotment Status of Dhara Rail Projects Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Dhara Rail Projects Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Dhara Rail Projects Ltd IPO
Dhara Rail Projects Limited was originally incorporated as Private Limited Company dated April 05, 2010 with the Registrar of Companies, Mumbai. Thereafter, Company got the status converted into a Public Limited Company via fresh Certificate of Incorporation dated August 25, 2025 changing the name of Company to 'Dhara Rail Projects Limited'.