1. Completed
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SME
SME issue. Listed.
Source: IPO Guru Pro
Company information, issue size, price band, lot size, minimum investment, and the dates published for this issue.
Dhara Rail Projects is an infrastructure-focused company engaged in railway engineering and allied construction activities in India. The company has gradually built its presence by executing projects related to track laying, signalling, electrification, and civil works for railway networks. With a focus on supporting the expansion and modernisation of Indian Railways, Dhara Rail Projects leverages technical expertise and on-ground execution capabilities to deliver projects across various regions. The company’s business model revolves around securing contracts from government bodies and railway authorities through tenders, and executing them within defined timelines and cost structures. It offers end-to-end services including project planning, procurement, construction, and maintenance support. Promoted by experienced professionals with industry knowledge, Dhara Rail Projects aims to strengthen its order book by maintaining quality standards, timely delivery, and long-term relationships with clients in the infrastructure sector.
Current premium in rupees, the derived percentage, and the indicative price. History shows observed readings only. A missing premium is unavailable, not ₹0.
Grey Market Premium (GMP) is an unofficial market indicator and is not published by stock exchanges. Estimated listing values are illustrative, may change, and should not be considered a forecast or investment recommendation.
Indicative only. A GMP-implied price is not a guaranteed listing price.
No daily GMP history is loaded. Missing days are left blank and are not plotted as zero.
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Source: IPO Guru Pro. History retrieved 05 Nov 2026, 5:45 PM IST.
Subscription is shown in times subscribed. A missing multiple stays unavailable. A published zero is 0x.
Last updated: Unavailable
Last updated: Unavailable
Source: IPO Guru Pro Data by IPO Guru
History retrieved: 05 Nov 2026, 5:45 PM IST
No day-wise subscription history is loaded. Missing days are left blank and are not plotted as zero.
Source: IPO Guru Pro. History retrieved 05 Nov 2026, 5:45 PM IST.
Revenue and profit are in rupees for each reporting period. Assets, liabilities, and ratios use the source unit when the statement includes them. Missing figures stay blank.
| Metric (Rs. Crore) | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 61.73 | 46.24 | 47.29 | 33.98 |
| Total Income | 28.83 | 48.00 | 34.23 | 27.39 |
| Profit After Tax | 7.06 | 6.53 |
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This is the actual change from the issue price to the listing price. It is separate from the unofficial GMP estimate. A missing price stays unavailable.
RHP, DRHP, and other links that passed the official address check. Unverified addresses are left out.
DRHP, RHP and other source documents appear here when the issue includes them.
Data by IPO Guru · Updated
Dhara Rail Projects is engaged in rail infrastructure development, including construction, maintenance, and signaling solutions. The IPO proceeds will be used for project expansion and modernization of facilities. With India’s rail sector growth and government investment, Dhara Rail Projects offers investors an opportunity to participate in a strategic transportation infrastructure business.
Tejas Lalit Mehta, Jagruti Tejas Mehta and Dhara Tejas Mehta
1. Completed
2. Completed
3. Completed
4. Completed
Refund
Demat credit
No intraday GMP history is loaded. Missing slots are not filled in.
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Source: IPO Guru Pro. History retrieved 05 Nov 2026, 5:45 PM IST.
| 2.97 |
| 1.06 |
| EBITDA | 9.60 | 5.28 | 1.33 | 0.75 |
| NET Worth | 19.95 | 12.89 | 6.36 | 3.39 |
| Reserves and Surplus | 8.85 | 12.79 | 6.26 | 3.29 |
| Total Borrowing | 21.29 | 21.33 | 28.17 | 22.74 |