- CEO
- Tejas Lalit Mehta
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Mumbai India
- IPO Date
- Dec 31, 2025
- Business
- Dhara Rail Projects Limited operates as a railway engineering, procurement, and construction (EPC) and infrastructure solutions provider in India. Founded in 2010 and headquartered in Kolkata, India, the company delivers integrated rail infrastructure and engineering services across conventional rail networks, urban mass transit systems, and private industrial siding facilities. The company offers a comprehensive portfolio of railway engineering solutions, including railway track works such as new track laying, rail doubling, gauge conversion, ballastless track construction, and mechanized track maintenance; overhead electrification (OHE) solutions comprising 25 kV AC traction systems, traction substation design, switching posts, and high-voltage transmission line installation; signaling and telecommunication (S&T) engineering, including electronic interlocking, centralized traffic control systems, automatic block signaling, optical fiber cable deployment, and passenger information display systems; civil engineering and structural construction, encompassing station redevelopment, platform modernizations, rail overbridges, underpasses, and dedicated freight terminal yards; and specialized rolling stock services, including rail coach refurbishment, maintenance, and structural component fabrication. The company primarily caters to Indian Railways, state and central metro rail corporations, dedicated freight corridor operators, and industrial clients in sectors such as mining, power, steel, and logistics across India. In recent developments, Dhara Rail Projects Limited completed its initial public offering (IPO) and listed its equity shares on the National Stock Exchange of India under the ticker DHARARAIL to enhance working capital, invest in high-capacity rail construction machinery, and fund strategic business expansion. Additionally, the company has expanded its operational scope by securing major turnkey contracts for signaling modernization and railway electrification upgrades across regional railway zones, while establishing strategic consortiums and technical partnerships to participate in large-scale semi-high-speed and urban metro rail infrastructure tenders.