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.
Objects of Issue
- Repayment of certain outstanding borrowings availed by the Company
- Investment in subsidiaries for repayment of outstanding borrowings.
- Funding capital expenditure for purchase of construction equipment by the Company
- General corporate purposes
Financials
(Rs. in crores)
| 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 |
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%
Management
Frequently Asked Questions
What is Dhariwal Buildtech IPO?
When will Dhariwal Buildtech IPO open?
What is the GMP of Dhariwal Buildtech IPO?
What is the lot size of Dhariwal Buildtech IPO?
When is the allotment of Dhariwal Buildtech IPO?
What is the listing date of Dhariwal Buildtech IPO?
What is the subscription of Dhariwal Buildtech IPO?
What is the price band of Dhariwal Buildtech IPO?
How to check allotment status of Dhariwal Buildtech IPO?
How to apply Dhariwal Buildtech IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Dhariwal Buildtech IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Dhariwal Buildtech IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Dhariwal Buildtech IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date