GMP IPO Watch
Dhara Rail Projects IPO
Dhara Rail Projects IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Dhara Rail Projects IPO Details
Key facts at a glance| IPO Open Date | 22 December 2025 | IPO Close Date | 24 December 2025 |
|---|---|---|---|
| Basis of Allotment | TBA | Listing Date | 30 December 2025 |
| Price Band | ₹120 - ₹126 per share | Face Value | ₹10 per share |
| Market Lot Size | 1000 Shares | Min Investment (Retail) | ₹2,52,000 |
| Total Issue Size | ₹126 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | SME Issue |
| Registrar | TBA | ||
Dhara Rail Projects IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 22 December 2025 | Confirmed |
| IPO Close Date | 24 December 2025 | Confirmed |
| Basis of Allotment | TBA | Tentative |
| Initiation of Refunds | TBA | Tentative |
| Credit of Shares to Demat | TBA | Tentative |
| IPO Listing Date | 30 December 2025 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 5:00 PM on Closing Day | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Dhara Rail Projects IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 2,000 Shares | ₹2,52,000 |
| Retail (Max) | 2 Lots | 2,000 Shares | ₹2,52,000 |
| S-HNI (Min) | 3 Lots | 3,000 Shares | ₹3,78,000 |
| S-HNI (Max) | 7 Lots | 7,000 Shares | ₹8,82,000 |
| B-HNI (Min) | 8 Lots | 8,000 Shares | ₹10,08,000 |
Dhara Rail Projects IPO Live GMP & Movement History
Daily unofficial grey market trends₹24 +19.0%
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 31 Dec 2025 | ₹15 | ₹141.00 | +11.90% |
Dhara Rail Projects IPO Subscription Status
Demand breakdown by investor categoryAbout Dhara Rail Projects
Dhara Rail Projects IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 23 Dec 2025 |
| IPO Close Date | 25 Dec 2025 |
| Basis of Allotment | - |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 31 Dec 2025 |
Note: The timeline for Dhara Rail Projects IPO is tentative and subject to change.
Dhara Rail Projects Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Dhara Rail Projects Company Financial Report
To Be Updated Soon
Dhara Rail Projects Company Valuation & Key Performance Indicators
To Be Updated Soon
Dhara Rail Projects Peer Group Comparison
To Be Updated Soon
Dhara Rail Projects IPO FAQs
Dhara Rail Projects IPO opens for subscription on 22 December 2025 and closes on 24 December 2025.
The price band for Dhara Rail Projects IPO is set at ₹120.00 to ₹126.00 per share.
The minimum market lot size is 1000 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 2,000 Shares (₹2,52,000).
The latest Grey Market Premium (GMP) for Dhara Rail Projects IPO is ₹24.00. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Dhara Rail Projects IPO is tentatively scheduled for TBA, and shares are expected to list on the stock exchanges on 30 December 2025.
The registrar details will be confirmed in the official prospectus.