Dhara Rail Projects Limited
23 Dec 2025 – 26 Dec 2025
LISTED
Offer Price
₹120–126
Bid lot
1000
Min Application
₹2,52,000
Issue Size
₹50 Cr
Key dates
Open date
23 Dec 2025
Done
Close date
26 Dec 2025
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
31 Dec 2025
Today
Lot ladder — how much to bid
1 lot = 1000 sharesIndividual · up to ₹2 L2+ lots
Min · 2 lots
2,000 sh · ₹2,52,000
Entry point
₹2,52,000 onward
sHNI · ₹2 L to ₹10 L3+ lots
Min · 3 lots
3,000 sh · ₹3,78,000
Entry point
₹3,78,000 onward
bHNI · Above ₹10 L8+ lots
Min · 8 lots
8,000 sh · ₹10,08,000
Entry point
₹10,08,000 onward
Issue details
Lead managersHem Securities Limited
Face value₹10
Listing onNSE Emerge
RegistrarBigshare Services Private Limited
Grey-market sentiment
No grey-market data yet.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Dhara Rail Projects Limited IPO?
One lot of 1000 shares — ₹2,52,000 at the upper price band of ₹126.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2025-12-31 on NSE SME.