
Dhara Rail Projects Limited IPO
Live Market Quote
Day 1 Exchange Open
Band: ₹120 - ₹126
Overall Bid Demand
Gross Public Offer
IPO Schedule & Key Dates
IPO Subscription Status
Breakdown of institutional, high-net-worth, and retail bidding demand
Listing Day & Return Performance
About Dhara Rail Projects Limited IPO
Dhara Rail Projects Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 23 Dec 2025 and concluded on 26 Dec 2025, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹120 - ₹126.
During the bidding window, Dhara Rail Projects Limited witnessed heavy demand with an overall subscription of 103.99 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.
The equity shares of Dhara Rail Projects Limited officially debuted on the stock exchanges on 31 Dec 2025 at an opening listing price of ₹157.50, delivering a listing day return of +25.00% (premium) over the final issue price. As per the latest market data, the stock trades at ₹125, representing an overall decline of -0.79% since its IPO allotment.