IPO market

Dhara Rail Projects IPO is a SME book building IPO. Issue size is 50 Cr. Price band is ₹120 to ₹126 per share. Minimum investment is ₹2.52 L. Lot size is 1000 shares. Open from 23 Dec 2025 to 26 Dec 2025. Allotment on 23 Dec 2025. Listing on 23 Dec 2025 at NSE. Managed by Hem Securities Ltd. Registrar: Bigshare Services Pvt Ltd. Key details for GMP, subscription, price, allotment, and listing in one place.
Price band and lot size for Dhara Rail Projects IPO. Price band is ₹120 to ₹126 per share. Face value is 10. Lot size is 1000 shares. Minimum retail investment from ₹2.52 L.
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | ₹2,52,000 |
| S-HNI (Min) | 3 | 3,000 | ₹3,78,000 |
| S-HNI (UPI) | 3 | 3,000 | ₹3,78,000 |
| S-HNI (Max) | 7 | 7,000 | ₹8,82,000 |
| B-HNI (Min) | 8 | 8,000 | ₹10,08,000 |
Pre-filled: Issue Price = ₹126, Lot Size = 1,000 shares, Listing Price = ₹150
| Category | Lots | Investment | At listing | Profit |
|---|---|---|---|---|
| Retail (Min) | 2 | ₹2,52,000 | ₹150 | +₹48,000 |
| S-HNI (Min) | 3 | ₹3,78,000 | ₹150 | +₹72,000 |
| S-HNI (UPI) | 3 | ₹3,78,000 | ₹150 | +₹72,000 |
| S-HNI (Max) | 7 | ₹8,82,000 | ₹150 | +₹1,68,000 |
| B-HNI (Min) | 8 | ₹10,08,000 | ₹150 | +₹1,92,000 |
Profit based on the official listing price for each investor category.
Price band, lot size, and minimum investment—explained.