Dhariwal Buildtech Limited IPO
Dhariwal Buildtech Limited IPO
Mainboard NSE & BSE 100% Book Built Offer

Business Overview

Dhariwal is a leading road construction companies in India, specializing in the development of highways, bridges, railway overbridges and tunnels. The Company undertakes projects for the Border Roads Organisation, state highways, PMGSY roads, rural infrastructure and other civil construction works. It has established itself as a key player in the road engineering, procurement and construction (EPC) segment. Its efficient business model, strategic equipment base and emphasis on operational excellence position the Company as a trusted partner in India’s infrastructure development. With a pan-India presence and a healthy, diversified order book, Dhariwal has consistently demonstrated its ability to cater to varied client requirements, achieving a revenue CAGR of 36.53% between Fiscal 2023 and Fiscal 2025.

Dhariwal Buildtech IPO Size

Fresh Issue
₹950 Cr (TBA Shares)

Objects of Issue

  1. Repayment of certain outstanding borrowings availed by the Company
  2. Investment in subsidiaries for repayment of outstanding borrowings.
  3. Funding capital expenditure for purchase of construction equipment by the Company
  4. General corporate purposes

Dhariwal Buildtech IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Dhariwal Buildtech IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue 1,152.98 921.12 618.51
PAT 160.59 110.15 64.39
Net Worth 416.52 257.00 137.60
Borrowings 484.09 161.17 75.68
Assets 1,053.42 604.43 286.72
NAV (₹) 43.78 27.80 16.97
EPS (₹) 16.91 11.94 7.91

Key Performance Indicators (KPIs)

EBITDA

21.39%

PAT

13.93%

ROE

38.56%

ROCE

24.64%

Debt to Equity

1.16

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Holding

Promoter

99.63%

Public

0.37%

Chet Ram Dhariwal 26.48%
Aditya Dhariwal 20.32%
Chet Ram Dhariwal HUF 15.32%
Saroj Dhariwal 15.20%
Others 22.31%

Management

Chet Ram Dhariwal
Chairman & MD
Aditya Dhariwal
CEO
Anil Kumar
CFO

Registrar & Lead Managers

Lead Managers (2)

Company Details

Name: Dhariwal Buildtech Limited

Address: DSS 72P, Sector - 15AP, Hisar - 125 001, Haryana, India

Number: 01662-453059

Email: compliance@dhariwalbuildtech. com

Website: www.dhariwalbuildtech.com

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