The Dhara Rail Projects IPO opened on 24 December 2025. It will close on 26 December 2025. The Total IPO Size is 50 Crores.
Dhara Rail Projects has set its IPO price at 126 Rs per share. They divided IPO into three general categories: 1) QIB, 2) Retail 3) NII.
Dhara Rail Projects are engaged in the business of executing various types of contractual railway projects and related services which includes Annual Maintenance Contracts (AMC) and repair services for a wide range of railway rolling stock systems.
Check:- Upcoming SME IPO 2025
Dhara Rail Projects IPO Promoter Holding
are the Promoters of the company
Dhara Rail Projects IPO Date, Details & Price Band
| IPO Opening Dates | 23-December-2025 |
| IPO Closing Dates | 26-December-2025 |
| Price Band | 120-126 Rs |
| Fresh Issue | 50 crore |
| Offer for sale | NIL |
| Total IPO size | 50 crore |
| Face Value | 10 INR Per Share |
| Listing On | NSE SME |
| Market Cap | 190.06 Cr |
Dhara Rail Projects IPO Market Lot
The Dhara Rail Projects IPO minimum market lot is 2,000 shares with a 2,52,000 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 2 | 2,000 | 2,52,000 Rs |
| Retail Maximum | 2 | 2,000 | 2,52,000 Rs |
| HNI (Min) | 3 | 3,000 | 3,78,000 Rs |
Dhara Rail Projects IPO Object of the Issue
1. To Meet Working Capital Requirements
2. General Corporate Purpose.
Restated Financial Information (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 30-Sep-25 | 61.73 | 28.83 | 7.06 |
| 31-Mar-25 | 46.24 | 48.00 | 6.53 |
| 31-Mar-24 | 47.29 | 34.23 | 2.97 |
Dhara Rail Projects IPO GMP Grey Market Premium
Dhara Rail Projects’ IPO GMP (Grey Market Premium) has started today. Check the Latest Dhara Rail Projects IPO GMP Grey Market Premium, Kostak Rates, and Subject to Sauda Price here.
Dhara Rail Projects IPO Prospectus
| DRHP | Download |
| RHP | Download |
Dhara Rail Projects IPO Form Download
Dhara Rail Projects IPO is available on the BSE Website as well as on our Portal. Please click here, Dhara Rail Projects IPO Form Download.
Dhara Rail Projects IPO Allotment Date & Details
| Allotment Date | 29-Dec-2025 |
| Initiation of refunds | 30-Dec-2025 |
| Transfer of shares to Demat accounts | 30-Dec-2025 |
| Listing Date | 31-Dec-2025 |
| Check Allotment Status | Click here |
Registrar of Dhara Rail Projects IPO
BIGSHARE SERVICES PRIVATE LIMITED
Address: S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road,
Andheri (East) Mumbai-400093, Maharashtra, India.
Telephone: +91-22 6263 8200
Facsimile: +91-22 6263 8299
Email: [email protected]
Investor Grievance Email: [email protected]
Website: www.bigshareonline.com
Contact Person: Babu Rapheal C.
SEBI Registration Number: MB/INR000001385
CIN: U99999MH1994PTC076534
Dhara Rail Projects Contact Details
208, 2nd Floor, Plot-16,
The Jewel Roxy Chambers,
Mama Parmanand Marg,
Opera House, Girgaon,
Mumbai-400004, Maharashtra, India.
Tel No: +91-22-23865040
E-mail: [email protected]
Website: https://drppl.com
Dhara Rail Projects IPO Lead Managers
HEM SECURITIES LIMITED
Address: 904, A Wing, Naman Midtown, Senapati Bapat Marg, Elphinstone Road, Lower Parel,
Mumbai-400013, Maharashtra, India.
Tel. No.: +91- 22- 4906 0000
Email: [email protected]
Investor Grievance Email: [email protected]
Website: www.hemsecurities.com
Contact Person: Ajay Jain
SEBI Registration Number: INM000010981
CIN: U67120RJ1995PLC010390