What's new at DRPL.
Press releases, industry updates, IPO milestones and operational news from the DRPL team.
MilestonesDRPL Lists on NSE Emerge — IPO Oversubscribed 112×
Dhara Rail Projects Limited debuted on the NSE Emerge SME platform at ₹150 — a 19% premium over the issue price. The ₹50.20 crore IPO was oversubscribed 112× across all categories.
Press ReleaseIPO Price Band Set at ₹120–₹126 per Share
The ₹50.20 crore book-built issue opened December 23 and closed December 26, 2025, with Hem Securities as Book Running Lead Manager and Bigshare Services as Registrar.
Industry NewsIndia's Railway Sector: A ₹2.7 Lakh Crore Opportunity
Indian Railways earned ₹2.7 lakh crore in FY25, with the Union Budget allocating ₹3.02 lakh crore for FY26 — up from ₹2.52 lakh crore — creating a structural tailwind for service partners.
CompanyOrder Book Crosses ₹143 Crores Across 60 Active Projects
Pan-India order book stands at ₹14,378 lakhs as of December 2025 — diversified across 17 railway zones, with the largest single service category being AMC for Tower Wagons & DG Sets.
Investor UpdatesH1 FY26 Results: Revenue ₹28.36 Cr, PAT ₹7.06 Cr
Strong half-year performance with EBITDA margin expanding to 33.82% (from 11.88% in FY25) and PAT margin reaching 24.90%. Net worth grew to ₹19.95 crores.
Industry NewsDirect-Contract Share Doubles from 35% to 74% of Revenue
Strategic shift from OEM pre-bid arrangements to direct contracts with Indian Railways — a structural improvement in margin profile and revenue quality.
Frequently asked questions.
Answers covering the IPO, listing, financials and corporate basics.