Gainers & Losers

Registered Office: Gala #.O 196-K Girgaum Gaiwadi,Girgaum, Mumbai - 400004, Maharashtra, India.
Phone : +91 22 2386 5040   Fax:
Email :  cs@drppl.com  
Website :  https://drppl.com/

Initial public offer of 39,84,000 equity shares of face value of Rs.10/- each (the "Equity Shares") of Dhara Rail Projects Limited ("the Company" or "the Issuer") at an issue price of Rs. 120-Rs.126/- per equity share (including a share premium of Rs. 110- Rs.116/- per equity share) for cash, aggregating up to Rs. 47.81- Rs.50.20 crores ("Public Issue") out of which 2,04,000 equity shares of face value of Rs.10/- each, at an issue price of Rs. 120-Rs.126/- per equity share for cash, aggregating Rs. 2.45- Rs.2.57 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 37,80,000 equity shares of face value of Rs.10/- each, at an issue price of Rs. 120-Rs.126/- per equity share for cash, aggregating Rs. 45.36-Rs.47.63 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.41% and 25.06% respectively of the post- issue paid-up equity share capital of the company. The floor price is 12.6 times of the face value of the equity shares. Bids can be made for a minimum of 2000 equity shares and in multiples of 1000 equity shares thereafter.