
Dhara Rail Projects IPO Allotment Status Check Online: GMP, Subscription, Price, and More
Posted by : sachet | Fri Dec 26 2025

After receiving a strong investor response, the Dhara Rail Projects IPO bidding period has finally ended. It has received a total of 111.69 subscriptions. The public issue was subscribed to 97.23 times in the individual investors category. 71.30 Times in the QIB category, and 199.32 times in the NII category. The allotment was scheduled for 29th December 2025. Check your Dhara Rail Projects IPO allotment status online.
Dhara Rail Projects IPO Allotment Status
Dhara Rail Projects’ IPO allotment status has finally been shared with the public. The company has credited the shares to the allottees’ demat accounts. Bigshare Services Private Limited, the registrar of this IPO, has finalised the basis of allotment and is eligible to list under the T+3 rule. The public issue will be listed within 3 days of the subscription ending.
Investors can now check the Dhara Rail Projects IPO allotment status on the official websites of BSE and SME, as well as the registrar portal.
Check Allotment Status On the Registrar Portal
The individual can visit the official portal of Bigshare Services Private Limited to learn about their allotment status. Follow the steps below to check your allotment status on the registrar portal.
Step 1: Visit the registrar portal.
Step 2: Select Dhara Rail Projects IPO from the menu.
Step 3: Select the option to check the allotment status using the application number, demat account/PAN.
Step 4: Fill in the required details to proceed further.
Step 5: Enter the captcha and click on the submit button.
The Dhara Rail Projects IPO allotment status will be displayed on your screen.
Check Allotment Status On NSE
Follow the steps mentioned below to check the Dhara Rail Projects IPO allotment status on the official website of NSE (National Stock Exchange).
Step 1: Visit the NSE Official Website.
Step 2: Select Issue Type as Equity to proceed.
Step 3: Scroll down through the issue names and select Dhara Rail Projects IPO.
Step 4: Choose the mode from the application no or PAN.
Step 5: Submit your information.
The Dhara Rail Projects IPO allotment status will be displayed on your screen.
IPO Details
| IPO Open Date | 23rd December 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹120 to ₹126 per share |
| Lot Size | 1,000 Shares |
| Issue Type | Bookbuilding Issue |
| Listing At | NSE & SME |
| IPO Close Date | 26th December 2025 |
| Listing Date | 31st December 2025 |
Dhara Rail Projects IPO Share Reservation
The Dhara Rail Projects IPO is a bookbuilding issue of ₹31.81 crores, comprising a fresh issue of 0.14 crore shares. Dhara Rail Projects Limited will be listed on the BSE and SME. Furthermore, SEBI has specified the share reservation criteria for different investor categories.
| Investor Categories | Shares Offered | Shares Percentage |
| Market Maker Shares Offered | 2,04,000 | 5.12% |
| QIB shares offered | 18,89,000 | 47.41% |
| NII (HNI) Shares Offered | 5,67,000 | 14.23% |
| Retail Shares Offered | 13,24,000 | 33.23% |
| Total Shares Offered | 39,84,000 | 100.00% |
Dhara Rail Projects IPO GMP

As of 26th December 2025, the Dhara Rail Projects IPO GMP stands at ₹23 per share. Thus, the estimated listing price would be ₹149. This indicates that the estimated listing gain in this IPO could be 18.25%. However, GMP details are subject to change based on market conditions and fluctuations. Explore the table for the Dhara Rail Projects IPO GMP updates.
| GMP DATE | IPO Price | GMP Price | Estimated Listing Price | Estimated Gain |
| 26-12-2025 | ₹126.00 | ₹23.00 | ₹149.00 | 18.25% |
| 25-12-2025 | ₹126.00 | ₹10.00 | ₹136.00 | 7.49% |
| 24-12-2025 | ₹126.00 | ₹10.00 | ₹136.00 | 7.49% |
| 23-12-2025 | ₹126.00 | ₹14.00 | ₹140.00 | 11.11% |
| 22-12-2025 | ₹126.00 | ₹12.00 | ₹138.00 | 9.52% |
| 21-12-2025 | ₹126.00 | ₹8.00 | ₹134.00 | 6.35% |
| 20-12-2025 | ₹126.00 | ₹0.00 | ₹126.00 | 0.00% |
| 19-12-2025 | ₹126.00 | ₹0.00 | ₹126.00 | 0.00% |
| 18-12-2025 | ₹126.00 | ₹0.00 | ₹126.00 | 0.00% |
| 17-12-2025 | ₹126.00 | ₹0.00 | ₹126.00 | 0.00% |
Dhara Rail Projects IPO Timeline
| IPO Open Date | 23rd December 2025 |
| IPO Close Date | 26th December 2025 |
| Allotment | 29th December 2025 |
| Refund Date | 30th December 2025 |
| IPO Listing Date | 31st December 2025 |
Note: For any queries, Bigshare Services Private Limited at investor@bigshareonline.com or +91-22-6263 8200.
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