IPO IPO-Synopsis
Dhara Rail Projects Ltd

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Registered Office: Gala #.O 196-K Girgaum Gaiwadi,Girgaum , Mumbai - 400004 , Maharashtra , India.
Phone : +91 22 2386 5040   Fax:
Email :  cs@drppl.com  
Website :  https://drppl.com/
Initial public offer of 39,84,000 equity shares of face value of Rs10/- each (the "Equity Shares") of Dhara Rail Projects Limited ("the Company" or "the Issuer") at an issue price of Rs120-Rs126/- per equity share (including a share premium of Rs110- Rs116/- per equity share) for cash, aggregating up to Rs47.81- Rs50.20 crores ("Public Issue") out of which 2,04,000 equity shares of face value of Rs10/- each, at an issue price of Rs120-Rs126/- per equity share for cash, aggregating Rs2.45- Rs2.57 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 37,80,000 equity shares of face value of Rs10/- each, at an issue price of Rs120-Rs126/- per equity share for cash, aggregating Rs45.36-Rs47.63 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.41% and 25.06% respectively of the post- issue paid-up equity share capital of the company. The floor price is 12.6 times of the face value of the equity shares. Bids can be made for a minimum of 2000 equity shares and in multiples of 1000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
23-Dec-25 26-Dec-25 Rs126.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :1000

  Rs Cr Lead Managers to the Issue
Project Cost 44.37
HEM Securities Limited
Project Financed through Current Offer 50.20  
Post Issue Equity Share Capital 15.08  
Issue Price Rs126.00  
Projects
Repayment and/or pre-payment, in full or part, of borrowing availed by the CompanyGeneral Corporate Purpose
To Meet Working Capital Requirements of the Company
Promoted By
Tejas Lalit Mehta
Jagruti Tejas Mehta
Dhara Tejas Mehta
Listing At
NSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd