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Dhara Rail Projects Ltd

Registered Office : Gala #.O 196-K Girgaum Gaiwadi,Girgaum,Mumbai Maharashtra 400004 Phone : +91 22 2386 5040
Fax :

Email : cs@drppl.com

Website : https://drppl.com/

Initial public offer of 39,84,000 equity shares of face value of Rs.10/- each (the "Equity Shares") of Dhara Rail Projects Limited ("the Company" or "the Issuer") at an issue price of Rs. 120-Rs.126/- per equity share (including a share premium of Rs. 110- Rs.116/- per equity share) for cash, aggregating up to Rs. 47.81- Rs.50.20 crores ("Public Issue") out of which 2,04,000 equity shares of face value of Rs.10/- each, at an issue price of Rs. 120-Rs.126/- per equity share for cash, aggregating Rs. 2.45- Rs.2.57 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 37,80,000 equity shares of face value of Rs.10/- each, at an issue price of Rs. 120-Rs.126/- per equity share for cash, aggregating Rs. 45.36-Rs.47.63 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.41% and 25.06% respectively of the post- issue paid-up equity share capital of the company. The floor price is 12.6 times of the face value of the equity shares. Bids can be made for a minimum of 2000 equity shares and in multiples of 1000 equity shares thereafter.

Issue

Opens On

Closes On

23-Dec-2025

26-Dec-2025

Money Payable On

Application

Allotment

126.00

0.00

Minimum Application for shares in Nos : 2000.0 Further Multiples of : 1000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

44.37

50.20

15.08

126.00

HEM Securities Limited

Projects

Repayment and/or pre-payment, in full or part, of borrowing availed by the Company

To Meet Working Capital Requirements of the Company

General Corporate Purpose

Promoted By

Tejas Lalit Mehta

Jagruti Tejas Mehta

Dhara Tejas Mehta

Listing At

NSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd