Comparison between Ajwa Projects IPO and Dhara Rail Projects IPO.
IPO Details
Ajwa Projects IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Dhara Rail Projects IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of Ajwa Projects IPO is up to ₹0.00 Cr whereas the issue size of the Dhara Rail Projects IPO is up to ₹47.63 Cr. The final issue price of Ajwa Projects IPO is and of Dhara Rail Projects IPO is ₹126.00 per share.
| | Ajwa Projects IPO | Dhara Rail Projects IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | | ₹120.00 per share |
| Issue Price (Upper) | | ₹126.00 per share |
| Issue Price (Final) | | ₹126.00 per share |
| Discount (Retail) | | |
| Discount (Employee) | | |
| Market Lot Size | | 1000 shares |
| Fresh Issue Size | 15,00,000 shares | 37,80,000 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹47.63 Cr |
| OFS Issue Size | 3,75,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 18,75,000 shares | 37,80,000 shares |
| Issue Size Total (Amount) | up to ₹0.00 Cr | up to ₹47.63 Cr |
IPO Timetable
Ajwa Projects IPO opens on , while Dhara Rail Projects IPO opens on Dec 23, 2025. The closing date of Ajwa Projects IPO and Dhara Rail Projects IPO is , and Dec 26, 2025, respectively.
Financials & KPIs
Ajwa Projects IPO P/E ratio is , as compared to Dhara Rail Projects IPO P/E ratio of 21.43.
Shares Offered
In the Ajwa Projects IPO Retail Individual Investors (RII) are offered 0 shares while in Dhara Rail Projects IPO retail investors are offered 0 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Ajwa Projects IPO and 7,56,000 shares in Dhara Rail Projects IPO.
| | Ajwa Projects IPO | Dhara Rail Projects IPO |
|---|
| Anchor Investor Reservation | 0 shares | 11,33,000 shares |
| Market Maker Reservation | 0 shares | 2,04,000 shares |
| QIB | 0 shares | 7,56,000 shares |
| NII | 0 shares | 5,67,000 shares |
| RII | 0 shares | 13,24,000 shares |
| Employee | 0 shares | 0 shares |
| Others | | |
| Total | 0 shares | 37,80,000 shares |
Bids Received (Subscription)
Ajwa Projects IPO subscribed in total, whereas Dhara Rail Projects IPO subscribed 78.36x.
