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.
Here is the complete Dhariwal Buildtech IPO review.
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.
Let's see the risks and strengths you should know about this IPO:
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.
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.
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.