Dhara Rail Projects Ltd

Dhara Rail Projects Limited was originally incorporated as Private Limited Company dated April 05 2010 with the Registrar of Companies Mumbai. Thereafter Company got the status converted into a Public Limited Company via fresh Certificate of Incorporation dated August 25 2025 changing the name of Company to Dhara Rail Projects Limited. Post incorporation Company acquired the running business of M/s Dhara Industries as a going concern basis through a Business Purchase Agreement dated July 21 2010. Jagruti Tejas Mehta was the proprietor of M/s Dhara Industries which was engaged in the business of executing engineering power infrastructure contracts mainly with Indian Railways including Trading and supplying of the required material for the contract and also executing the maintenance contracts. Company operate the business through its Registered Office located at Girgaum District of Maharashtra. The Company is presently engaged in the business of executing various types of contractual railway projects and related services including the Annual Maintenance Contracts AMC and repair services for a diverse range of railway rolling stock systems. Services include annual maintenance and repair of train lighting equipment across all rolling stock categories including the latest Vande Bharat trains along with annual maintenance and repair for Overhead Equipment OHE Tower Wagons Power Car equipment and Heating Ventilation and Air Conditioning HVAC systems. It provide services to the Ministry of Railways Government of India either through directly awarded contracts secured via competitive tendering or through prebid arrangements with various OEMs.Company is planning the initial public offer of 3984000 equity shares having face value Rs 10 through fresh issue..

Listing date: 31 Dec, 2025