The Dhara Rail Projects IPO minimum market lot is 2,000 shares with ₹2,52,000 application amount. The Dhara Rail Projects IPO is a SME IPO, and it is to be listed on NSE.
Business Overview
Dhara Rail Projects is involved in maintenance, repair, and electrical services to Indian Railways. To ensure train safety, the company offers Annual Maintenance Contracts (AMC) and on-call repair services for train systems, which include LED interior and emergency lights, wiring, control units, and battery backup systems.
Its services consist of AMC and repair of train lighting systems, including Vande Bharat, AMC and repair of OHE maintenance vehicles (Tower Wagons), AMC and repair of Power Car equipment and HVAC systems, Supply, installation, testing, and commissioning of electrical equipment, and Outsourced coach operation and troubleshooting services. Moreover, the company mainly collaborates with the Indian government’s Ministry of Railways. The company consists of 849 employees as of August 31, 2025.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Dhara Rail Projects IPO Subscription Status – Day 1
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 4.55 | 0.00 | 0.00 |
| NII | 2.35 | 0.00 | 0.00 |
| RII | 1.46 | 0.00 | 0.00 |
| Total | 2.53 | 0.00 | 0.00 |
Dhara Rail Projects IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Dhara Rail Projects IPO Review and Rating
- May Apply For Long-term View
Dhara Rail Projects IPO Form
How to apply for the Dhara Rail Projects IPO? You can apply for Dhara Rail Projects IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Dhara Rail Projects IPO in the Invest section. The other option is you can apply for Dhara Rail Projects IPO via IPO forms downloaded online. Check out the Asston Pharmaceuticals forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
