Dhara Rail Projects IPO

SME Closed

Analysis by Abhishek Vohera, Founder of IPO Guru.

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.

Open 23 Dec 2025

Close 26 Dec 2025

Allotment 29 Dec 2025

Refund 30 Dec 2025

Demat 30 Dec 2025

Listing 31 Dec 2025

IPO Review

Dhara Rail Projects IPO bidding started from Dec 23, 2025 and ended on Dec 26, 2025. The allotment for Dhara Rail Projects IPO was finalized on Dec 29, 2025. The shares got listed on NSE SME on Dec 31, 2025.

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IPO Summary

Issue Price ₹126

Face Value ₹ ₹10

Lot Size 1,000 Shares

Issue Size ₹50 Cr

Listing On NSE

Min Investment ₹ 0

About Dhara Rail Projects

Incorporated in 2010, Dhara Rail Projects Ltd is an ISO 9001:2015 certified company, providing various services like annual maintenance contracts, and repair services for railway rolling stock systems.

Objects of the Issue

Information about the usage of proceeds from the Dhara Rail Projects IPO will be updated shortly.

What are the Dhara Rail Projects Financials?

Summary of financial performance including revenue, profit, and debt levels will be populated here.

Who are the Promoters of Dhara Rail Projects?

Promoter holding details will be updated as soon as they are officially announced.

Frequently Asked Questions

What is the GMP of Dhara Rail Projects?

The current Grey Market Premium (GMP) of Dhara Rail Projects is ₹ 0.

What is the Dhara Rail Projects IPO Price Band?

The price band for Dhara Rail Projects IPO is ₹126.

When is the Dhara Rail Projects IPO Allotment?

The allotment date for Dhara Rail Projects IPO is December 29, 2025.

How to check Dhara Rail Projects IPO Allotment Status?

You can check the allotment status on the IPO Allotment Status page or on the registrar's website (Hem Securities Ltd.).

What is the Dhara Rail Projects IPO Timetable?

Track the IPO schedule and key events.

Event	Date	Day
IPO Open Date	23 Dec, 2025	Tuesday
IPO Close Date	26 Dec, 2025	Friday
Basis of Allotment	29 Dec, 2025	Monday
Refunds Initiated	30 Dec, 2025	Tuesday
Credit to Demat	30 Dec, 2025	Tuesday
Listing Date	31 Dec, 2025	Wednesday

What is the Dhara Rail Projects IPO Lot Size?

Bidding in multiples of 1 shares.

Application	Lots	Amount
Retail (Min)	1	₹126
Retail (Max)	1587	₹199,962
S-HNI (Min)	1588	₹200,088
S-HNI (Max)	7936	₹999,936
B-HNI (Min)	7937	₹1,000,062

What is the Dhara Rail Projects IPO Reservation?

Typical reservation for investors.

Category	Reservation
QIB	18,89,000
Retail	13,24,000
NII (HNI)	5,67,000

Registrar

Hem Securities Ltd.

Book Running Lead Manager

Bigshare Services Pvt.Ltd.

Disclaimer

Grey Market Premium (GMP) is for information purposes and is not a guarantee of listing price. Always consult your financial advisor before investing.