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Dhara Rail Projects Ltd

Registered Office: Gala #.O 196-K Girgaum Gaiwadi,Girgaum, Mumbai - 400004, Maharashtra, India.
Phone : +91 22 2386 5040   Fax:
Email :  cs@drppl.com  
Website :  https://drppl.com/

Initial public offer of upto 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. 50.2 crores ("public issue") out of which upto 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 upto [*] equity shares of face value of Rs.10/- each, at an issue price of Rs.[*] per equity share for cash, aggregating upto Rs.[*] 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 face value of equity shares is Rs.10/- each. The issue price is [*] times the face value of the equity shares. Price Band: Rs. 120 to Rs. 126 per equity share of face value of Rs. 10/- each. The floor price is 12.0 times the face value of the equity shares and the cap 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 Money Payable On
Opens on Closes On Application Allotment
23-Dec-25 26-Dec-25 120.00-126.00 0.00-0.00
Minimum Application for shares in Nos : 2000   Further Multiples of : 1000
  Rs(Cr.) Lead Managers to the Issue
Project Cost 0.00 HEM Securities Limited
Project Financed through Current Offer 47.81  
Post Issue Equity Share Capital 15.08  
Issue Price 120.00  

Project

  • 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

No Data Available