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/
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| Initial public offer of up to 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) 126 per equity share (including a share premium of (Rs) 116 per equity share) for cash, aggregating up to (Rs) 50.2 crores ("public issue") out of which up to 2,04,000 equity shares of face value of (Rs)10/- each, at an issue price of
(Rs) 126 per equity share for cash, aggregating (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 up to 37,80,000 equity shares of face value of (Rs)10/- each, at an issue price of (Rs)126 per equity share for cash, aggregating up to (Rs)47.63 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.
Price Band: (Rs) 126 per equity share of face value of (Rs) 10/- each.
The floor 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. |
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| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 23-Dec-25 |
26-Dec-25 |
126.00-0.00 |
0.00-0.00 |
|
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Minimum Application for shares in Nos :
2000
Further Multiples of :
1000
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|
| |
(Rs.Cr) |
Lead Managers to the Issue |
| Project Cost |
0.00 |
HEM Securities Limited
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| Project Financed through Current Offer |
50.20 |
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| Post Issue Equity Share Capital |
15.08 |
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| Issue Price |
126.00 |
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