About Dhara Rail Projects IPO Subscription
Track the Dhara Rail Projects IPO subscription status with comprehensive data across all investor categories. The IPO subscription window was open from Dec 23, 2025 to Dec 26, 2025. Subscription data is categorized into Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), and Retail Individual Investors (Retail).
The NII category is further divided into bNII (bids above ₹10 lakh) and sNII (bids below ₹10 lakh) to provide granular insights into subscription patterns. The overall subscription for Dhara Rail Projects IPO stands at 112.01 times.
Subscription rates indicate the level of investor interest - a higher subscription multiple suggests strong demand, while lower multiples may indicate moderate interest. This data helps investors understand market sentiment and make informed decisions about the IPO.
Latest Subscription Snapshot
As of December 26, 2025
| Investor Category | Shares Offered | Shares Bid For | Subscribed (Times) | No. of Applications |
|---|---|---|---|---|
|
QIB
Qualified Institutional Buyers
|
756,000 | 53,906,000 | 71.30× | 71 |
|
NII
Non-Institutional Investors
|
567,000 | 113,277,000 | 199.78× | 18,403 |
|
bNII
Bids above ₹10L
|
378,000 | 23,232,000 | 61.46× | 7,483 |
|
sNII
Bids below ₹10L
|
189,000 | 90,045,000 | 476.43× | 10,917 |
|
Individual Investors
Individual Investors
|
1,324,000 | 129,300,000 | 97.66× | 64,650 |
|
Total
|
2,647,000 | 296,483,000 | 112.01× | 101,524 |
Subscription History
Historical subscription data grouped by date
Dec 26, 2025
Friday
| Category | Shares Offered | Shares Bid For | Times | No. of Applications |
|---|---|---|---|---|
| QIB | 756,000 | 53,906,000 | 71.30× | 71 |
| NII | 567,000 | 113,277,000 | 199.78× | 18,403 |
| bNII | 378,000 | 23,232,000 | 61.46× | 7,483 |
| sNII | 189,000 | 90,045,000 | 476.43× | 10,917 |
| Individual Investors | 1,324,000 | 129,300,000 | 97.66× | 64,650 |
| Total | 2,647,000 | 296,483,000 | 112.01× | 101,524 |
Dec 23, 2025
Tuesday
| Category | Shares Offered | Shares Bid For | Times | No. of Applications |
|---|---|---|---|---|
| QIB | 1,889,000 | 3,441,000 | 1.82× | 2 |
| NII | — | 1,331,000 | — | 144 |
| bNII | — | 1,074,000 | — | 60 |
| sNII | — | 257,000 | — | 84 |
| Individual Investors | — | 1,920,000 | — | 960 |
| Total | 1,889,000 | 20,111,000 | 10.65× | 1,250 |
Frequently Asked Questions
What is the current subscription status of Dhara Rail Projects IPO IPO?
As of December 26, 2025, the Dhara Rail Projects IPO IPO has been subscribed 112.01 times overall. The IPO is fully subscribed with strong investor demand indicating extremely high interest. A total of 101,524 applications have been received across all investor categories.
When was the Dhara Rail Projects IPO IPO subscription window open?
The Dhara Rail Projects IPO IPO subscription window was open from December 23, 2025 to December 26, 2025. Investors could apply for shares during this period through their demat account or ASBA facility.
What is the price band and minimum investment for Dhara Rail Projects IPO IPO?
The Dhara Rail Projects IPO IPO has a price band of ₹120 to ₹126 per share. The lot size is 1,000 shares, which means retail investors need to apply for a minimum of 1,000 shares. The minimum investment required is ₹120,000 (at lower price) or ₹126,000 (at upper price).
What is the QIB subscription for Dhara Rail Projects IPO IPO?
The Qualified Institutional Buyers (QIB) category for Dhara Rail Projects IPO IPO has been subscribed 71.30 times. QIBs were offered 756,000 shares in this IPO. QIB category includes foreign institutional investors (FIIs), domestic mutual funds, banks, insurance companies, and other qualified institutional investors. The strong QIB subscription indicates high institutional investor confidence in Dhara Rail Projects IPO.
What is the NII subscription for Dhara Rail Projects IPO IPO?
The overall Non-Institutional Investors (NII) category has been subscribed 199.78 times. The NII category is further divided into bNII (bids above ₹10 lakh) with 61.46 times subscription and sNII (bids below ₹10 lakh) with 476.43 times subscription. NII category includes high net-worth individuals (HNIs) and corporate entities investing above ₹2 lakh. The subscription data helps analyze the interest level from high-value investors in Dhara Rail Projects IPO IPO.
What is the subscription for Shareholders, Employees, and Individual Investors in Dhara Rail Projects IPO SME IPO?
Individual Investors category has been subscribed 97.66 times. For SME IPOs like Dhara Rail Projects IPO, these categories represent reserved portions for existing shareholders, employees, and individual investors. A total of 101,524 applications have been received across all categories for Dhara Rail Projects IPO IPO.
How can I check my Dhara Rail Projects IPO IPO allotment status?
The basis of allotment date for Dhara Rail Projects IPO IPO will be announced soon. You can check your allotment status by visiting the registrar's website (Bigshare Services Private Limited) and entering your PAN number, application number, or DP ID. Alternatively, you can check through your demat account or the stock exchange website (NSE/BSE).
When will Dhara Rail Projects IPO IPO be listed and on which exchange?
The listing date for Dhara Rail Projects IPO IPO will be announced after the basis of allotment is finalized. The shares will be listed on NSE SME platform. After listing, you can trade the shares through your demat account.
What does the subscription rate mean for Dhara Rail Projects IPO IPO?
The subscription rate (also called subscription multiple) indicates how many times the IPO has been oversubscribed. For Dhara Rail Projects IPO IPO, the current subscription of 112.01 times means investors have bid for 112.01 times the number of shares offered. Since the subscription is above 1×, the IPO is fully subscribed. The high subscription indicates strong investor demand for Dhara Rail Projects IPO shares. Higher subscription rates generally suggest strong market interest, but may also reduce individual allotment probability.
Should I invest in Dhara Rail Projects IPO IPO?
Investment decisions should be based on your own research, risk appetite, and financial goals. The Dhara Rail Projects IPO IPO has received 112.01 times subscription, indicating strong investor interest. Before investing, consider factors such as the company's business model, financial performance, industry outlook, price band valuation, and your investment objectives. It is recommended to consult with a financial advisor and read the Red Herring Prospectus (RHP) before making any investment decision. Past performance and subscription data are not indicative of future returns.
Understanding Dhara Rail Projects IPO Subscription Data
QIB Subscription
Qualified Institutional Buyers (QIBs) typically include foreign institutional investors (FIIs), domestic financial institutions, banks, insurance companies, and mutual funds. QIB subscription is often a key indicator of institutional investor confidence in the IPO. For Dhara Rail Projects IPO, the QIB category subscription stands at 71.30 times.
NII Subscription Breakdown
Non-Institutional Investors are high net-worth individuals and corporate entities investing above ₹2 lakh. The NII category is subdivided into bNII (bids above ₹10 lakh) and sNII (bids between ₹2 lakh and ₹10 lakh) to provide detailed insights into subscription patterns. For Dhara Rail Projects IPO, bNII subscription is 61.46 times, while sNII subscription is 476.43 times.
Retail Subscription
Retail Individual Investors can apply for shares up to ₹2 lakh in an IPO. Retail subscription is often the most closely watched metric as it reflects the interest of small investors. Higher retail subscription typically indicates strong retail investor interest and may impact allotment probability.
Investment Details
The Dhara Rail Projects IPO has a price band of ₹120 to ₹126 per share, with a lot size of 1,000 shares. Retail investors can apply with a minimum investment of ₹120,000 (at lower price) or ₹126,000 (at upper price).