Home IPO DashboardDhara Rail Projects

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Dhara

NSE SME₹50

₹18.5

Grey Market Premium

Updated: 2 Jan 2026

Key Stats

Price

₹126

Subscription

111.9x

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Home IPO DashboardDhara Rail Projects

dhara-rail-projects

Closed

Dhara

NSE SME₹50

₹18.5

Grey Market Premium

Updated: 2 Jan 2026

Key Stats

Price

₹126

Subscription

111.9x

P/E Ratio

21.43

Rating

3/5

Listing Price

₹150

19.05%

IPO Timeline

Registrar

Bigshare Services Pvt.Ltd.

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GMP Trend History

Issue Size: 50

GMP: 18.5

Open: 23 Dec 2025

Close: 26 Dec 2025

Issue Size

₹50

Face Value

₹10 per share

Lot Size

1,000 Shares

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.

Competitive Strengths

Diversified order book of projects across India: Rs 14,409.81 lakhs as on Sep 29, 2025.

Revenue from multiple geographies

Listing At

NSE SME

Assured quality services

Experienced senior management

IPO Reservation

Category	Shares Offered	Percentage