Dhara Rail Projects IPO
DHARARAILSMEListed
Listed on Wednesday, 31 December 2025.
Updated automatically · Last refreshed 29 Oct 2026, 3:57 pm IST
IPO timeline
Opens
Tuesday, 23 December 2025
Closes
Friday, 26 December 2025
UPI mandate by 5 pm
Allotment
Monday, 29 December 2025(estimated)
Refunds & demat credit
Tuesday, 30 December 2025(estimated)
Listing
Wednesday, 31 December 2025
Issue details
- Price band
- ₹120 – ₹126 per share
- Lot size
- 1,000 shares
- Minimum application
- 1,000 shares · ₹1,26,000 at the upper price
- Face value
- Rs.10
- Issue type
- 100 % Book Building
- Issue size
- Initial Public Offering comprising Fresh Issue upto 39,84,000 Equity Shares (including Market Maker portion of 2,04,000 Equity Shares and Anchor Allocation of 11,33,000 Equity Shares).
- Registrar
- Bigshare Services Private Limited
- Lead manager(s)
- Hem Securities Limited
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Dhara Rail Projects IPO: common questions
The Dhara Rail Projects IPO closed on Friday, 26 December 2025, so under SEBI's T+3 timeline its allotment would have been finalised around Monday, 29 December 2025. The shares listed on Wednesday, 31 December 2025.
Dhara Rail Projects shares listed on Wednesday, 31 December 2025.
The price band is ₹120 – ₹126 per share. Bids are made in lots of 1,000 shares, so one lot costs ₹1,26,000 at the upper end of the band.
Bigshare Services Private Limited is the registrar for this IPO. Use the "Check allotment status" button on this page to open its status page, then search with your PAN or application number once the allotment is finalised (29 Dec). Your broker app usually shows it too.
If you are not allotted shares, the blocked money is released around Tuesday, 30 December 2025 (T+2 under SEBI's timeline); allotted shares reach your demat account the same day.
Please note
This page updates itself every hour and shows facts about the issue only — no grey-market prices, no listing-day estimates and no opinion on whether to apply. Dates after the issue closes are expected dates under SEBI's T+3 timeline until the shares list. Read the offer document before you invest; this page is for information only.

