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DHARARAILSME / NSEListed

Dhara Rail Projects Limited

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.

₹120 - ₹126112.01x sub
Listed Price150.00
Listing Gain+19.05%
TimelineBookbuilding IPO
Open23 Dec 2025
Close26 Dec 2025
Allotment29 Dec 2025
Listing31 Dec 2025

Quota Reservation Portions

AnchorPortion: 11,33,000 shares
28.44%
QIBPortion: 7,56,000 shares
18.98%
HNIPortion: 5,67,000 shares
14.23%
RetailPortion: 13,24,000 shares
33.23%
Market MakerPortion: 2,04,000 shares
5.12%

Minimum Application Bracket Matrix

Retail2 lots / 2,000 shares
₹2,52,000
sHNI3 lots / 3,000 shares
₹3,78,000
bHNI8 lots / 8,000 shares
₹10,08,000

About the Company

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.

Company Promoters

Tejas Lalit MehtaJagruti Tejas MehtaDhara Tejas Mehta

Registrar

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