The Dhara Rail Projects IPO has been subscribed 111.90 times overall as of last day. The retail portion has been subscribed 97.61 times, QIBs [Ex Anchor] 71.30 times, and NIIs 199.41 times. The subscription trend will be updated until the issue closes on December 26, 2025. You Can Check Dhara Rail Projects IPO Allotment Status Here.
Dhara Rail Projects IPO of 39,84,000 equity shares of the face value of ₹10 aggregating up to ₹50.20 Crores. The IPO issue priced at ₹120 to ₹126 per share. The IPO will open on December 23, 2025 and will close on December 26, 2025.
Dhara Rail Projects IPO Subscription Closed [Day 3]
December 26, 2025 at 06:12:56 PM
| Category | Share Offerd | Share Bid For | Subscribed |
|---|---|---|---|
| QIB [Ex Anchor] | 7,56,000 | 5,39,06,000 | 71.30x |
| NII | 5,67,000 | 11,30,64,000 | 199.41x |
| bNII [>10L] | 3,78,000 | 8,98,41,000 | 237.27x |
| sNII [<10L] | 1,89,000 | 2,32,23,000 | 122.63x |
| RII | 13,24,000 | 12,92,34,000 | 97.61x |
| Total | 26,47,000 | 29,62,04,000 | 111.90x |
Read Also: Dhara Rail Projects IPO GMP Today
Dhara Rail Projects IPO Day Wise Subscription Data
Dhara Rail Projects IPO Subscription data is automatically saved by day when the subscription expires after 6:00 pm in the table below.
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB [Ex Anchor] | 4.55x | 4.55x | 71.30x |
| NII | 2.35x | 7.21x | 199.41x |
| bNII [>10L] | 2.84x | 8.85x | 237.67x |
| sNII [<10L] | 1.38x | 3.92x | 122.87x |
| RII | 1.48x | 4.35x | 97.61x |
| Total | 2.54x | 5.02x | 111.90x |
Dhara Rail Projects IPO [Share Offerd]
| Category | Shares Offered | Ammount |
|---|---|---|
| Anchor Investors | 11,33,000 | ₹14.28 Cr. |
| QIB [Ex Anchor] | 7,56,000 | ₹9.53 Cr. |
| NII | 5,67,000 | ₹7.14 Cr. |
| bNII [>10L] | 3,78,000 | ₹4.76 Cr. |
| sNII [<10L] | 1,89,000 | ₹2.38 Cr. |
| RII | 13,24,000 | ₹16.68 Cr. |
| Market Maker | 2,04,000 | ₹2.57 Cr. |
| Total | 39,84,000 | ₹50.20 Cr. |
Types of Dhara Rail Projects IPO Subscription
There are mainly three categories of subscription for Dhara Rail Projects IPO, which are determined based on the type of investor applying:
- Retail Investors (RI):
- Retail Investors are individual investors who apply for the Dhara Rail Projects IPO shares for their personal accounts, typically in amounts that do not exceed a specified limit (usually ₹2 lakh).
- This category is highly important for IPOs, as retail investors often comprise a significant portion of the total demand.
- If the Dhara Rail Projects IPO is oversubscribed in this category, the allotment is done via a lottery system, where each retail investor has an equal chance of receiving shares.
- Qualified Institutional Buyers (QIBs):
- QIBs are institutional investors such as mutual funds, insurance companies, and pension funds. They are typically large entities with significant capital to invest in the Dhara Rail Projects IPO.
- The QIB category often gets a significant portion of the overall offering, and it’s considered a critical factor for the success of the Dhara Rail Projects IPO.
- The subscription rate for QIBs is usually higher than for retail investors, and they generally receive priority in allotment.
- Non-Institutional Investors (NIIs):
- NIIs include high-net-worth individuals (HNIs) or corporates that apply for Dhara Rail Projects IPO shares in larger quantities, typically exceeding ₹2 lakh.
- Like QIBs, the NII category is a significant driver of an IPO’s success, especially if the retail category is under-subscribed.
- They are generally allocated shares after the retail and QIB categories have been allotted, and sometimes the shares allotted to this category may be on a pro-rata basis if there is oversubscription.
Dhara Rail Projects IPO Subscription Status FAQs
What is the subscription status of Dhara Rail Projects IPO today?
As of Day 3, Dhara Rail Projects IPO has been subscribed 111.90x overall.
When does the subscription for Dhara Rail Projects IPO open and close?
The subscription period for Dhara Rail Projects IPO opens on December 23, 2025 and closes on December 26, 2025, between 10:00 AM to 5:00 PM on working days.
Disclaimer: Readers are strongly advised to seek guidance from a qualified financial advisor before making any investment decisions. Relying solely on the content presented here for financial choices is done entirely at the reader’s own risk.
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