Dhara Rail Projects IPO
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 23-12-2025 | 26-12-2025 | ₹10 per share | ₹120 to ₹126 | 1,000 Shares | NSE SME | 39,84,000 shares (agg. up to ₹50.20 Cr) | 2025-12-29 00:00:00 | 2025-12-30 00:00:00 | 2025-12-30 00:00:00 | 31-12-2025 |
About The Company
Dhara Rail Projects IPO is a book build issue of ₹50.20 crores. The issue is entirely a fresh issue of 0.40 crore shares of ₹50.20 crore.
Dhara Rail Projects IPO opens for subscription on Dec 23, 2025 and closes on Dec 26, 2025. The allotment for the Dhara Rail Projects IPO is expected to be finalized on Dec 29, 2025. Dhara Rail Projects IPO will list on NSE SME with a tentative listing date fixed as Dec 31, 2025.
Dhara Rail Projects IPO price band is set at ₹120.00 to ₹126.00 per share . The lot size for an application is 1,000. The minimum amount of investment required by an individual investor (retail) is ₹2,52,000.00 (2,000 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (3,000 shares), amounting to ₹3,78,000.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 31-03-2023 | 34 | 27 | 1 | 3.39 | 3.29 | 22.74 |
| 31-03-2024 | 47 | 34 | 3 | 6.36 | 6.26 | 28.17 |
| 31-03-2025 | 46 | 48 | 7 | 12.89 | 12.79 | 21.33 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Anchor Investors | 1 |
| QIB (Ex Anchor) | 71.30 |
| Non-Institutional Buyers | 199.41 |
| Individual Investors | 97.61 |
| Total | 111.90 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2000 | 252000 |
| Individual investors (Retail) (Max) | 2 | 2000 | 252000 |
| S-HNI (Min) | 3 | 3000 | 378000 |
| S-HNI (Max) | 7 | 7000 | 882000 |
| B-HNI (Min) | 8 | 8000 | 1008000 |
IPO Listing Details
| Listing Date | 31-12-2025 |
| BSE Script Code | |
| NSE Symbol | DHARARAIL |
| ISIN | INE2HJL01019 |
| Final Issue Price | 0 |
Promoter holdings
Tejas Lalit Mehta, Jagruti Tejas Mehta & Dhara Tejas Mehta
Contact Information of the Company
Dhara Rail Projects Ltd. Address
Gala No. O, 196-K,
Girgaum Gaiwadi, Girgaum,
Mumbai, Maharashtra, 400004
Phone: +91-22-23865040
Email: cs@drppl.com
Website: https://drppl.com/
IPO Registrar
Bigshare Services Pvt.Ltd.
+91-22-6263 8200
ipo@bigshareonline.com
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IPO Lead Manager
Hem Securities Ltd.