Open Date
23 Dec 2025
Close Date
26 Dec 2025
Listing Date
31 Dec 2025
Max Investment
₹7,56,000
Price Range
₹120 - ₹126
Lot Size
-
IPO Size
₹50.2Cr
Exchange Symbols
Dhara Rail Projects Ltd IPO
₹2,52,000
/ 2,000
Cutoff - Lot Size
Dhara Rail Pro IPO Dates and Timelines
Dhara Rail Pro IPO Size
Dhara Rail Pro IPO Reservation
Investor Category
Shares Offered
Allocation Percentage %
Anchor Investor Shares Offered
11,33,000
-
QIB Shares Offered
18,89,000
49.97%
NII (HNI) Shares Offered
5,67,000
15.0%
Retails Shares Offered
13,24,000
35.03%
Total Shares Offered
39,84,000
-
Total Shares with Anchor Investor
30,22,000
100%
Dhara Rail Pro IPO Lot Size
Applications
Lot
Shares
Amount
Retail (Min)
-
-
-
Retail (Max)
-
-
-
S-HNI (Min)
1
2000
₹2,52,000
S-HNI (Max)
3
6000
₹7,56,000
B-HNI (Min)
4
8000
₹10,08,000
Dhara Rail Pro IPO Shareholding Pattern
Category
Pre-Issue
Post-issue
Promoter Group
98.33%
72.36%
Public Group
1.67%
27.64%
Dhara Rail Pro IPO Financials
Total Assets Total Liabilities
Total Revenue Total Expenditure
EBITDA Profit
Share Capital
Dhara Rail Pro IPO Peers
Peer Name
P/E(x)
RoNW%
Dhara Rail Pro IPO Strengths & Risks
Strength
Risks
Diversified Order Book of projects across India.
Revenue from multiple geographies.
Assured Quality Services.
Experienced Senior Management.
Its business and revenue are substantially dependent on the Ministry of Railways, Government of India. Any adverse change in policy of the Ministry of Railways may lead to the company contracts being foreclosed, terminated, restructured or renegotiated, which may has a material effect on its business and results of operations.IPO Registrars
Bigshare Services Pvt Ltd
Phone Number:
91-22-62638200
Email ID:
Website:
www.bigshareonline.com
Dhara Rail Pro Limited
Incorporated in 2010, the company is an ISO 9001:2015 certified company, 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. Its services include annual maintenance and repair of train lighting equipment across all rolling stock categories, including the latest Vande Bharat trains, along with annual maintenance and repair for Overhead Equipment (OHE) maintenance vehicles (Tower Wagons), Power Car equipment and HVAC systems. In addition to maintenance services, the company undertakes the Supply, Installation, Testing, and Commissioning (SITC) of various electrical equipment across all types of rolling stock. The Company provides services to the Ministry of Railways, Government of India, either through directly awarded contracts secured via competitive tendering or through pre-bid arrangements with various OEM's.
Contact Details
IPO Company Name:
Dhara Rail Pro Limited
Phone Number:
+91 22 2386 5040
Email ID:
Website:
https://drppl.com/
Address:
Mumbai, Maharashtra
Dhara Rail Pro IPO Overview
Dhara Rail Pro: IPO Dates
The Dhara Rail Pro IPO opens for subscription on 23 Dec 2025, and closes on 26 Dec 2025. Investors will likely receive their allotment status updates on 29 Dec 2025. Those who get allotted shares can expect them credited to their Demat accounts by 30 Dec 2025. The shares will be officially listed on the stock exchange on 31 Dec 2025.
Dhara Rail Pro: IPO Price Band
The IPO consists of a fresh issue and an offer for sale, with a price band set between ₹120.0 and ₹126.0 per share.Investors can apply within this range. This SME issue includes a fresh issue worth ₹50.2 crore and an offer for sale valued at ₹ - crore. The exact listing price will be revealed on 31 Dec 2025, which is when the shares start trading on the exchange.
Dhara Rail Pro: Lot Size and Issue Size
The minimum application lot size is shares, and investors need to apply for at least one lot. The total IPO size is approximately ₹50.2Cr crore.
How to Apply for Dhara Rail Pro IPO Online?
- 1. Log in to Torus Digital: Open the Torus Digital app and enter your login details.
- 2. Find the IPO Section: Navigate to the ‘IPO’ tab in the app.
- 3. Select Dhara Rail Pro IPO: Choose it from the list of available IPOs.
- 4. Enter Lot Quantity: Input how many lots you want to apply for.
- 5. Provide UPI ID: Submit your UPI ID for payment.
- 6. Approve Payment: When the payment request comes to your UPI app, approve it by entering your UPI PIN.
How to Check IPO Allotment Status for Dhara Rail Pro?
- 1. Open the Torus Digital app and log in.
- 2. Go to the ‘IPO’ section and select ‘IPO Orders’.
- 3. Choose the Dhara Rail Pro IPO application.
- 4. View your allotment status.
You will also get notified of your allotment via push notifications and email from Torus Digital.
FAQ’s
What is the open date of IPO?
- The opening date of IPO is 23 Dec 2025.
What is the close date of IPO?
- The closing date of IPO is 26 Dec 2025.
What is the issue size of IPO?
- The issue size of IPO is Rs 50.2 Cr.
What is the lot size of IPO?
- The size per lot of IPO is 2000.0.
How to apply for IPO?
- To apply for IPO:
- Navigate to the IPO section of mobile app/website
- Click on Current IPO
- Click on IPO
- Enter Lot Quantity
- Enter Valid UPI ID
- Click on apply
- Your application will be processed once the transaction is completed successfully.
What is the allotment date of IPO?
- The Allotment Date of IPO is 29 Dec 2025.
What is the listing date of IPO?
- IPO will get listed on 31 Dec 2025.
Who is the registrar of IPO?
- The registrar of IPO is Bigshare Services Pvt Ltd.
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