Dhara Rail Projects IPO GMP Today
The Dhara Rail Projects IPO GMP is ₹14 (+11.1% over the upper price band of ₹126) as of 30 Dec 2025, giving an estimated listing price of ₹140 per share. On a minimum application of 2,000 shares, that is an estimated gain of ₹28,000. GMP has risen by ₹2 since tracking began on 22 Dec.
Last updated
- Issue Price
- ₹126
- GMP
- ₹14
- GMP %
- +11.1%
- Est. listing
- ₹140
- Est. gain / application
- +₹28,000
Dhara Rail Projects IPO GMP trend
Tracked for 13 days. High ₹20 on 26 Dec, low ₹0 on 20 Dec.
Dhara Rail Projects IPO GMP day-wise
| Date | GMP | Change | GMP % | Est. listing | Est. gain (2,000 sh) |
|---|---|---|---|---|---|
| (latest) | ₹14 | 0 | 11.11% | ₹140 | +₹28,000 |
| ₹14 | -₹4 | 11.11% | ₹140 | +₹28,000 | |
| ₹18 | 0 | 14.29% | ₹144 | +₹36,000 | |
| ₹18 | -₹2 | 14.29% | ₹144 | +₹36,000 | |
| ₹20 | +₹10 | 15.87% | ₹146 | +₹40,000 | |
| ₹10 | 0 | 7.94% | ₹136 | +₹20,000 | |
| ₹10 | -₹4 | 7.94% | ₹136 | +₹20,000 | |
| ₹14 | +₹14 | 11.11% | ₹140 | +₹28,000 | |
| ₹0 | 0 | 0.00% | ₹126 | ₹0 | |
| ₹0 | 0 | 0.00% | ₹126 | ₹0 | |
| ₹0 | -₹8 | 0.00% | ₹126 | ₹0 | |
| ₹8 | -₹4 | 6.35% | ₹134 | +₹16,000 | |
| ₹12 | — | 9.52% | ₹138 | +₹24,000 |
Est. listing = upper price band (₹126) + GMP. Est. gain = GMP × 2,000 shares (2 lots, the minimum application).
Dhara Rail Projects IPO subscription status
| QIB | 71.30x |
|---|---|
| bNII | 238.21x |
| sNII | 122.92x |
| Retail | 97.66x |
| Total | 112.01x |
Reading the Dhara Rail Projects IPO GMP
The grey market premium is the price above the issue price at which Dhara Rail Projects IPO shares are informally traded before listing. A GMP of ₹14 on an upper band of ₹126 suggests the shares could open around ₹140, if grey market sentiment holds until listing day.
GMP is not set by the company, the exchanges or SEBI. It moves daily with market conditions and subscription demand, and SME GMP in particular can swing sharply on low volumes. Check it together with the subscription numbers and the company's financials before applying.
Dhara Rail Projects IPO GMP: FAQs
- What is Dhara Rail Projects IPO GMP today?
- The latest grey market premium (GMP) for the Dhara Rail Projects IPO is ₹14 as of 30 December 2025, which is 11.11% over the upper price band of ₹126.
- What is the expected listing price of Dhara Rail Projects IPO?
- Based on the current GMP, the estimated listing price of Dhara Rail Projects IPO is ₹140 per share (₹126 issue price + ₹14 GMP). This is an estimate from unofficial grey market trades, not a guaranteed listing price.
- What is the lot size and minimum investment for Dhara Rail Projects IPO?
- The lot size is 1,000 shares. The minimum application is 2 lots (2,000 shares), which costs ₹2,52,000 at the upper price band.
- Is IPO GMP reliable?
- GMP reflects unofficial trades before listing and changes daily with market mood and subscription demand. It is a useful sentiment indicator but often differs from the actual listing price, so use it alongside the company's financials and subscription data.
GMP is an unofficial indicator compiled from grey market sources and is not investment advice. Actual listing prices can differ significantly. Read the offer document before investing.