Dhara Rail Projects Limited
ListedSMEInfrastructure · NSE
Incorporated in 2010, Dhara Rail Projects Ltd is an ISO 9001:2015 certified company providing comprehensive maintenance and repair services for railway rolling stock systems. The company’s offerings include annual maintenance contracts (AMC) and repairs for train lighting systems across all types of trains, including Vande Bharat, Overhead Equipment (OHE) maintenance vehicles such as Tower Wagons, Power Car equipment, and HVAC systems. It also provides supply, installation, testing, and commissioning (SITC) of electrical equipment for rolling stock, along with outsourced services for coach operations and troubleshooting. Primarily, Dhara Rail Projects collaborates with the Ministry of Railways, Government of India, through tenders and partnerships with OEMs.
Price Band
₹120 – ₹126
Issue Size
₹50.20 Cr
Lot Size
1000 shares
GMP
₹10
+7.9%
Est. Listing
₹136
at current GMP
Subscribed
112.01x
overall
Open
23 Dec 2025
Close
26 Dec 2025
Allotment
29 Dec 2025
Refund
30 Dec 2025
Demat Credit
31 Dec 2025
Listing
31 Dec 2025
Last updated 12 days ago
Key Highlights
- •Leading player in the Infrastructure segment
- •Price band established at ₹120 - ₹126 per equity share
- •Minimum bid lot is 1000 shares
- •Estimated listing target of ₹136 based on current grey market activity