Dhara Rail Projects Ltd
Listed
NSE SME
SME
Live Chart
| Category | Subscription | Shares Offered | % of Total | Amount (₹Cr) |
|---|---|---|---|---|
|
Market Maker
|
Awaited |
204,000
5.12% |
5.12%
|
₹2.57 |
|
QIB
|
Over 1.00x
|
1,889,000
47.41% |
47.41%
|
₹23.80 |
|
NII / HNI
|
Over 1.00x
|
567,000
14.23% |
14.23%
|
₹7.14 |
|
Retail
|
Over 1.00x
|
1,324,000
33.23% |
33.23%
|
₹16.68 |
| Total | 1.00x | 3,984,000 |
100% | ₹50.20 |
| Category | Shares Offered | Amount (₹Cr) | Size (%) |
|---|---|---|---|
| QIB | 1,889,000 | ₹23.80 |
47.41%
|
| Market Maker | 204,000 | ₹2.57 |
5.12%
|
| NII | 567,000 | ₹7.14 |
14.23%
|
| Retail | 1,324,000 | ₹16.68 |
33.23%
|
| Total | 3,984,000 | ₹50.20 |
100.00%
|
| QIB | NII | Retail | Total | |||||
|---|---|---|---|---|---|---|---|---|
| Ex. Anchor | Anchor | Total QIB | Below ₹10L | Above ₹10L | Total NII | |||
| Allocation (shares) | — | — | — | — | — | 567,000 | 1,324,000 | 1,891,000 |
| Allotment price (₹) | 126 | 126 | 126 | 126 | 126 | 126 | 126 | 126 |
| No. of applications | — | — | — | — | — | — | — | — |
| No. of shares applied | — | — | — | — | — | — | — | — |
| Amount collected (₹Cr) | — | — | — | — | — | — | ₹16.68 | ₹16.68 |
| Times subscribed | 1 | — | — | — | — | 1 | 1 | 1 |
| Shares allotted | — | — | — | — | — | 567,000 | 1,324,000 | 1,891,000 |
| No. of allottees | — | — | — | — | — | — | — | — |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min — 2 Lots) | 2 | 2,000 | ₹252,000 |
| Retail (Max — 13 Lots) | 13 | 13,000 | ₹1,638,000 |
| S-HNI (Min — 14 Lots) | 14 | 14,000 | ₹1,764,000 |
| B-HNI (Min — 68 Lots) | 68 | 68,000 | ₹8,568,000 |
Dhara Rail Projects Ltd is proposing an IPO on NSE SME under the SME category. Total issue: 39,84,000 shares (agg. up to ₹50.20 Cr).
Opens 23 Dec 2025, closes 26 Dec 2025. Listing: 31 Dec 2025. Apply via ASBA or UPI.
| Particulars | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue from Operations | 28.83 | 48.00 | 34.23 |
| EBITDA | 9.60 | 5.28 | 1.33 |
| Profit After Tax (PAT) | 7.06 | 6.53 | 2.97 |
| Net Worth | 19.95 | 12.89 | 6.36 |
| Total Assets | 61.73 | 46.24 | 47.29 |
| Reserves & Surplus | 8.85 | 12.79 | 6.26 |
| Borrowings | 21.29 | 21.33 | 28.17 |
| EBITDA Margin (%) | 11.88% | — | — |
| PAT Margin (%) | 14.67% | — | — |
Dhara Rail Projects Ltd IPO is subscribed 1.00 times by Dec 26, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.
| Investor Category | Subscription |
|---|---|
| Qualified Institutional (QIB) | 1.00x |
| Non Institutional (NII/HNI) | 1.00x |
| Retail Individual | 1.00x |
| Total Subscription | 1.00x |
The Dhara Rail Projects Ltd IPO retail category is subscribed 1.00 times as of 26 Dec 2025. The retail portion is oversubscribed.
Subscribe via your broker app using ASBA or UPI. Opens 23 Dec 2025 and closes 26 Dec 2025. Min investment: ₹126,000 (1 lot = 1,000 shares). UPI mandate: 2025-12-26.
The Dhara Rail Projects Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.
Check allotment on the registrar website. Enter your PAN, application number or DP/Client ID. Allotment date: 01 Jan 2026. Refunds: on 02 Jan 2026.
The Dhara Rail Projects Ltd IPO listing date is 31 Dec 2025, Wednesday. Listed on: NSE SME. Issue price: ₹126. Estimated listing: ₹140. GMP: +₹14.
The Dhara Rail Projects Ltd IPO closes on 26 Dec 2025, Friday. UPI mandate: 2025-12-26. Allotment: 01 Jan 2026. Listing: 31 Dec 2025.