Dhara Rail Projects IPO Key Details
Dhara Rail Projects IPO is priced at ₹120 to ₹126 per share ,
Each share has a face value of ₹10.
Dhara Rail Projects IPO is offering its shares to the public for the first time through an IPO on the stock exchanges NSE SME.
The total amount they aim to raise is 39,84,000 shares (agg. up to ₹50.20 Cr).
Dhara Rail Projects IPO open date is 23 December, 2025 and the IPO will close on 26 December, 2025.
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Dhara Rail Projects IPO Details
| IPO Category Type: | SME IPO |
| IPO Open: | 23 December, 2025 |
| IPO Close: | 26 December, 2025 |
| IPO Price Band: | ₹120 to ₹126 per share |
| Face Value: | ₹10 Per Equity Share |
| IPO Listing exchange: | NSE SME |
| IPO Issue Type: | Book Build Issue |
| IPO Size: | Approx 39,84,000 shares (agg. up to ₹50.20 Cr) |
| Fresh Issue: | Approx 37,80,000 shares (agg. up to ₹47.63 Cr) |
| Offer for Sale: | Approx [.] |
Dhara Rail Projects IPO GMP Today
Last Updated - 31 December, 2025 5:06 am
Dhara Rail Projects IPO's GMP is ₹16 on 31 December, 2025 5:06 am. If you add this to the IPO price, which is ₹126, you get an estimated listing price of ₹142. This means there's a potential gain of 12.7% per share.The GMP is updated daily.Keep an eye on daily updates to see how the IPO price is trending.
Dhara Rail Projects IPO's GMP is ₹16 on 31 December, 2025 5:06 am. If you add this to the IPO price, which is ₹126, you get an estimated listing price of ₹142. This means there's a potential gain of 12.7% per share.The GMP is updated daily.Keep an eye on daily updates to see how the IPO price is trending.
| IPO Price : | 126 Rs |
| IPO GMP : | 16 Rs 👈 |
| Expected Listing Price : | 126+16 = 142 Rs |
| Expected IPO Gain %: | 12.7% 👈 |
| Rating : | ★★☆☆☆ |
| One Lot Shares: | 1000 |
| One Lot Price: | 1,26,000 Rs |
| One Lot Expected Listing: | 1,42,000 Rs |
| One Lot Expected Profit: | 16,000 Rs 👈 |
Dhara Rail Projects IPO Subscription Status
Last Updated - 26 December, 2025 5:10 pm
Dhara Rail Projects IPO's subscription started on 23 December, 2025 and will close on 26 December, 2025. The retail quota is 13%, QIB is 18% and NII is 15%.
Dhara Rail Projects IPO's subscription started on 23 December, 2025 and will close on 26 December, 2025. The retail quota is 13%, QIB is 18% and NII is 15%.
| QIB - Qualified Institutional Buyers: | 71.3x |
| NII - Non-Institutional Investors: | 199.41x |
| SNII - Small Non-Institutional Investors: - Bid below ₹10L | [.]x |
| BNII - Big Non-Institutional Investors: - Bid above ₹10L | [.]x |
| RII - Retail Individual Investor: | 97.61x |
| Total: | 111.9x 👈 |
Dhara Rail Projects IPO Allotment Status
Dhara Rail Projects IPO Allotment Status is to be decided on 29 December, 2025. The refund will be initiated on 30 December, 2025 and the shares will be credited to the Demat account on 30 December, 2025.
| IPO Registrar | Page Link |
|---|---|
| Bigshare Services Pvt Ltd | IPO Allotment Page |
| BSE | BSE IPO Allotment Page |
| NSE | NSE IPO Allotment Page |
| IPO Key | IPO Key Allotment Status Page |
Dhara Rail Projects IPO Allotment 29 December, 2025 after evening.
Dhara Rail Projects IPO Reservation
| Retail Quota: | 13% |
| QIB Quota: | 18% |
| NII Quota: | 15% |
| Employee Discount: | [.] |
Dhara Rail Projects IPO Prospectus
| DRHP Draft Prospectus: | Continue Reading |
| RHP Draft Prospectus: | Continue Reading |
| Anchor Investors List: | [.] |
Dhara Rail Projects IPO Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| 1 | 1000 | ₹126000 |
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,000 | 252000 |
| Individual investors (Retail) (Max) | 2 | 2,000 | 252000 |
| S-HNI (Min) | 3 | 3,000 | 378000 |
| S-HNI (Max) | 7 | 7,000 | 882000 |
| B-HNI (Min) | 8 | 8,000 | 1008000 |
Dhara Rail Projects IPO Dates
| IPO Activity | Date |
|---|---|
| IPO Opens | 23 December, 2025 ✅ Completed |
| IPO Closes | 26 December, 2025 ✅ Completed |
| Allotment Date | 29 December, 2025 ✅ Completed |
| Refund Initiation | 30 December, 2025 ✅ Completed |
| Demat Credit | 30 December, 2025 ✅ Completed |
| Listing Date | 31 December, 2025 ✅ Completed |
Dhara Rail Projects Company Financial Report
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 61.73 | 46.24 | 47.29 | 33.98 |
| Total Income | 28.83 | 48.00 | 34.23 | 27.39 |
| Profit After Tax | 7.06 | 6.53 | 2.97 | 1.06 |
| EBITDA | 9.60 | 5.28 | 1.33 | 0.75 |
| NET Worth | 19.95 | 12.89 | 6.36 | 3.39 |
| Reserves and Surplus | 8.85 | 12.79 | 6.26 | 3.29 |
| Total Borrowing | 21.29 | 21.33 | 28.17 | 22.74 |
| Amount in ₹ Crore | ||||
Dhara Rail Projects Company Address
[.]
Dhara Rail Projects IPO Registrar
Bigshare Services Pvt.Ltd.
+91-22-6263 8200
ipo@bigshareonline.com
Dhara Rail Projects IPO Lead Manager
- Hem Securities Ltd.
Dhara Rail Projects IPO Key Performance Indicator ( KPI )
| KPI | Values |
|---|---|
| ROE | 67.85% |
| ROCE | 25.59% |
| Debt/Equity | 1.66 |
| RoNW | 50.66% |
| PAT Margin | 14.67% |
| EBITDA Margin | 11.88% |
| Price to Book Value | 10.85 |
Dhara Rail Projects IPO - FAQs
Q.What is Dhara Rail Projects IPO?
Ans.Dhara Rail Projects IPO is a SME IPO. The IPO is list on NSE SME.
Q.When Dhara Rail Projects IPO will open?
Ans.Dhara Rail Projects IPO is to open on 23 December, 2025 for Investors.
Q.What is Dhara Rail Projects IPO GMP Today?
Ans.Dhara Rail Projects IPO GMP Today is Check Here
Q.What is Dhara Rail Projects IPO Size?
Ans.Dhara Rail Projects IPO size is 39,84,000 shares (agg. up to ₹50.20 Cr).
Q.What is Dhara Rail Projects IPO Price Band?
Ans.Dhara Rail Projects IPO Price Band is ₹120 to ₹126 per share.
Q.What is the Dhara Rail Projects IPO Allotment Date?
Ans.Dhara Rail Projects IPO allotment date is 29 December, 2025.
Q.How to check Dhara Rail Projects IPO Allotment Status?
Ans.To check Dhara Rail Projects IPO allotment status Check Here
Q.What is the Dhara Rail Projects IPO Listing Date?
Ans.Dhara Rail Projects IPO listing date is 31 December, 2025. The IPO is to list on NSE SME.