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Closed Issues
Dhara Rail Projects Ltd.
Issue Open Date 23-Dec-25  
Issue Closing Date 26-Dec-25  
Application Money 100  
Allotment Money  
Price Band 120 - 126  
Minimium Application No. 2000  
Issue Size (Shares) 2851000  
Market Lot 1  
Objective
1. Repayment and/or pre-payment, in full or part, of borrowing availed by our Company. 2. To Meet Working Capital Requirements of our Company 3. General Corporate Purpose
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors     113277000    
Qualified Institutional Buyers     53906000    
Retail Individual Investors     129300000    
Business Description
Incorporated in 2010, we are an ISO 9001:2015 certified company, engaged in the business of executing various types of contractual railway projects and related services which includes Annual Maintenance Contracts (AMC) and repair services for a wide range of railway rolling stock systems. Our services include annual maintenance and repair of train lighting equipment across all rolling stock categories, including the latest Vande Bharat trains, along with annual maintenance and repair for Overhead Equipment (OHE) maintenance vehicles (Tower Wagons), Power Car equipment and HVAC systems. In addition to maintenance services, we undertake the Supply, Installation, Testing, and Commissioning (SITC) of various electrical equipment across all types of rolling stock. We provide services to the Ministry of Railways, Government of India, either through directly awarded contracts secured via competitive tendering or through pre-bid arrangements with various OEM’s.
Promoter's Holding
Total Share Capital   10914400  
Offered to Public   2851000  
Promoter's Holding (Pre-Issue)   98.33  
Promoter's Holding (Post-Issue)   72.35  
Address
Gala No. O
196- K
Girgaum Gaiwadi

Mumbai,
Maharashtra,
400004
Phone : 22-23865040
Email : cs@drppl.com
Website : https://drppl.com/
Registrar
Bigshare Services Pvt Ltd
G 10 Left Wing Amruta Village
Opp: Yashoda Hospital
Raj Bhavan Road
Somajiguda
Hyderabad
Listed at
NSE
Lead Manager
Hem Securities Ltd.
Promoters
Dhara Tejas Mehta
Jagruti Tejas Mehta
Tejas Lalit Mehta
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