Dhara Rail Projects Limited IPO
NSE SMEClosed
Dec 23, 2025Open Date
Dec 26, 2025Close Date
TBAAllotment Date
Dec 31, 2025Listing Date
Subscription Details
View Subscription DetailsQIB71.30x
Retail97.61x
QIB / NII0.00x
NIIs (Non-Institutional Investors)Main Category
199.77x↳ NII Sub-Categories
sHNI (< ₹10L)
Bids ₹2L to ₹10L
bHNI (> ₹10L)
Bids above ₹10L
Overall Subscription
Total Bids Received
111.98x
Updated: 10 Jul, 06:08 pm
Dhara Rail Projects Limited IPO Issue Details
Issue Price₹120-126 Per Equity Share
Face Value₹10 Per Equity Share
Fresh Share39,84,000 shares(aggregating up to ₹50.2 crore)
Listing AtNSE SME
Listing DateDec 31, 2025
RegistrarBigshare Services Pvt Ltd
Market Lot Details
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | - |
| Retail (Max) | 2 | 2,000 | - |
| sHNI (Min) | 3 | 3,000 | - |
| sHNI (Max) | 7 | 7,000 | - |
| bHNI (Min) | 8 | 8,000 | - |
Reservation Details
| Category | Shares Offered | % |
|---|---|---|
| NII | 5,67,000 | 14.23% |
| QIB | 7,56,000 | 18.98% |
| Anchor | 11,33,000 | 28.44% |
| Individual | 13,24,000 | 33.23% |
| Market Maker | 2,04,000 | 5.12% |
Company Information
Incorporated in 2010, Dhara Rail Projects Ltd is an ISO 9001:2015 certified company that offers various services like annual maintenance contracts and repair services for railway rolling stock systems...
Valuations
RoNW
50.66%
PAT Margin
14.67%
P/B Value
10.85
Market Cap
190.06 Cr.
Financial Information (₹ in Crores)
| Metric | FY 25 | FY 25 | FY 24 | FY 23 |
|---|---|---|---|---|
| Total Assets | 61.73 | 46.24 | 47.29 | 33.98 |
| Total Revenue | 28.83 | 48 | 34.23 | 27.39 |
| Profit After Tax | 7.06 | 6.53 | 2.97 | 1.06 |
| Net Worth | 19.95 | 12.89 | 6.36 | 3.39 |
* All figures are in ₹ Crores unless otherwise stated.
Objectives of the Issue
- 1Repayment and/or pre-payment, in full or part, of borrowing availed by our Company
- 2To Meet Working Capital Requirements of our Company
- 3General Corporate Purpose
Dhara Rail Projects Limited – Promoter(s)
Tejas Lalit Mehta
Jagruti Tejas Mehta
Dhara Tejas Mehta
Contact Details
Corporate Office
Gala No. O, 196-K, Girgaum Gaiwadi, Girgaum, Mumbai, Maharashtra, 400004
Frequently Asked Questions — Dhara Rail Projects Limited IPO
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