IPO Analysis > Dhariwal Buildtech IPO
Apply IPO

Dhariwal Buildtech IPO Date, Price, GMP ... 

Dhariwal Buildtech Limited IPO In-Depth Analysis

The construction sector in India is also expected to grow steadily by 6–8% every year between 2026 and 2030. Dhariwal Buildtech Limited, a company working in this sector, is gearing up for the IPO.

The IPO is managed by big organisations like SBI Capital Markets and HDFC Bank. Moreover, MUFG Intime is registering the issue. Check the Dhariwal Buildtech allotment status now.


To know more about the IPO, check out the Dhariwal Buildtech Limited DRHP .


Note: 50% shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.

Dhariwal Buildtech Limited: Understanding the Company Profile


Particulars

Descriptions

Headquarters

Haryana

Business 

Road construction 

Incorporated Year 

2016

Competitors

GR Infra Projects, PNC Infratech, Ceigall India, KNR Construction, HG Infra Engineering, and J Kumar Infra

Promoters 

Deepak Dhariwal, Aditya Dhariwal, Chet Ram Dhariwal, Saroj Dhariwal, Navita, and Mohinder Singh Dhariwal.


Exploring the Dhariwal Buildtech IPO Details

Here is the complete Dhariwal Buildtech IPO review.

  • Dhariwal Buildtech IPO Date

The Dhariwal Buildtech IPO was filed with the exchange on 27 September 2025. Moreover, they did not get the approval as of 31 October 2025. Stay tuned for the IPO opening and closing dates. 

  • Dhariwal Buildtech IPO Size


Particulars

Shares

Aggregate Value (Million)

Fresh Issue 

Undisclosed 

₹ 9,500.00 million

Offer for Sale

NA

NA

Overall Issue 

Undisclosed

₹ 9,500.00 million


  • Dhariwal Buildtech IPO: Objective 


Particulars

Estimated Amount (₹ in million)

Loan Repayment by the Company

1,742.26

Investment in Material Subsidiaries for Debt Repayment

3,000.00

Capital Spend for Buying Construction Equipment

2,030.00

General Corporate Needs

Undisclosed 

Total

Undisclosed


  • Other Takeaways And Dhariwal Buildtech Limited Share Price


Particulars

Description

Face value (₹)

10

Price Range (₹)

Undisclosed

Lot size (shares)

Undisclosed

Listed At 

BSE and NSE


  • Investors Categorisation


Investor Category

% of shares for allotment

QIB

Maximum 50% of the offer

RIB

Minimum 35% of the offer

NII

Minimum 15% of the offer


  • Anchor Investor


Particulars

Description

Opening Date

Undisclosed

Terms of Payment  

Full Payment on Bid


Dhariwal Buildtech Pvt Ltd: Key Financials 



Particulars

Fiscal 2025

Fiscal 2024

Fiscal 2023

Equity Share Capital (₹ in million)

951.32

26.43

24.73

Net Worth (₹ in million)

4,165.18

2,569.97

1,375.96

Revenue from Operations (₹ in million)

11,529.80

9,211.23

6,185.11

Restated Profit/(Loss) After Tax for the Year (₹ in million)

1,605.90

1,101.45

643.88

Earnings per Equity Share (Basic) (₹ in million)

16.91

11.94

7.91

Earnings per Equity Share (Diluted) (₹ in million)

16.91

11.94

7.91

NAV (₹)

43.78

27.80

16.97

Total Borrowings (₹)

4,840.88

1,611.65

756.77



Strengths and risks

Let's see the risks and strengths you should know about this IPO: 

Strengths


  • Strong Track Record: Dhariwal Buildtech has built a good reputation for completing projects on time and with quality, earning trust from clients across the country.

  • Presence Across India: The company operates in multiple regions with a wide range of projects and clients.

  • Skilled Team and Leadership: With experienced promoters, a capable management team, and a talented workforce, Dhariwal Buildtech runs its operations confidently.

  • Advanced Capabilities: Backed by modern equipment, in-house expertise, and a business setup, the company delivers road EPC projects with precision.


Risks


  • Big Dependence on Government Work: Dhariwal Buildtech mostly works on government projects. If any of these are delayed or stopped, it could hurt the company’s earnings.

  • Needs to Keep Winning Bids: Most of the company’s income comes from winning tenders. If it doesn’t get enough new projects, it might see a drop in revenue.

  • Cash Flow Worries: The company has had times when more money went out than came in. If this continues, it might find it tough to manage regular expenses.

  • Focus on a Few Sectors: A lot of Dhariwal Buildtech’s work comes from roads and bridges. If those sectors slow down, it could affect the company’s overall growth.

Should You Apply for the Dhariwal Buildtech Limited IPO?


As of October 31, 2025, the Dhariwal Buildtech IPO GMP hasn’t been updated yet. You can still check the IPO's live GMP and the subscription status numbers. Also, it’s a good idea to run through the Dhariwal Buildtech DRHP before you hit Apply Now.

FAQs

1. How is the Dhariwal Buildtech IPO review?

Dhariwal Buildtech Limited is an EPC company. However, you can check the IPO date, size, and Dhariwal Buildtech Ltd turnover in its DRHP. For the latest details, you can also look for the GMP updates

2. What is the Dhariwal Buildtech Ltd IPO date?

The IPO open and the close date is unavailable as of 31 October 2025. Live subscription details can be monitored through FinnPick. 

3. What is the Dhariwal Buildtech IPO price? 

The Dhariwal Buildtech IPO price is unavailable as of 31 October 2025. Also, don't forget to check the Dhariwal Buildtech DRHP. 

4. Should I use a demat account to bid for the Dhariwal Buildtech Limited IPO?

Yes, a demat account is required to bid for the Dhariwal Buildtech Limited IPO. Click here to get the ultimate list of the top demat account providers.
AngelOne

Invest Smarter wit Angel One

  • AI-Powered Trading Recommendations
  • Zero Account Opening Charges
  • Quick & Easy Onboarding
AngelOne

Join India’s Leading Broker

  • Zero Brokerage on Investments
  • Smooth & Secure Trading Experience
  • Advanced Charting & Insights
AngelOne

Create Your Demat Account

  • Zero Account Opening Charges
  • Hassle Free Setup
  • Market Insights

Choose Your Trusted Broker

Compare top brokers and find the one that fits your goals.