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Airfloa Rail Technology Ltd.

Airfloa Rail Technology Ltd.

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹140
₹140
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹140
Based on GMP
Min. Investment
₹140,000
1 lot × 1000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
11 Sep 2025
Close Date
15 Sep 2025
Allotment
16 Sep 2025
Listing Date
18 Sep 2025
Exchange
BSE SME
Price Band
₹140
Listing Price
See chart
Allotment Status
Price Band
₹140
Per share
Face Value
₹10 per share
 
Lot Size
1,000 Shares
per lot
Issue Size
65,07,000 shares (aggregating up to ₹91.10 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹140,000
1 lot
Pre-IPO Holding
1,74,62,954 shares
Promoters
Post-IPO Holding
2,39,69,954 shares
Promoters
P/E (Pre)
9.57x
 
P/E (Post)
13.14x
 
EPS (Pre)
₹14.63
 
EPS (Post)
₹10.66
 
UPI Deadline
2025-09-15
Mandate
Anchor AllotmentWed, 10 Sep 2025
Basis of AllotmentTue, 16 Sep 2025
Refund InitiationWed, 17 Sep 2025
Demat CreditWed, 17 Sep 2025
Listing DayThu, 18 Sep 2025
UPI Mandate Deadline2025-09-15
Sale TypeFresh Capital
Net Offer to Public61,81,000 shares (aggregating up to ₹86.53 Cr)
Market Maker Quota3,26,000 shares (aggregating up to ₹4.56 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Airfloa Rail Technology Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 15 Sep 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
326,000
₹4.56
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
6,507,000
100% ₹91.10
IPO Shares Offered
Airfloa Rail Technology Ltd. IPO total issue size: ₹91.10 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 326,000 ₹4.56
5.01%
Total 6,507,000 ₹91.10
100.00%
* Based on upper price band ₹140 per share
Lot Size & Investment
Lot Size
1,000
Shares per Lot
Issue Price
₹140.00
Upper Band
Min Investment
₹140,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)22,000₹280,000
Retail (Max — 13 Lots)1313,000₹1,820,000
S-HNI (Min — 14 Lots)1414,000₹1,960,000
B-HNI (Min — 68 Lots)6868,000₹9,520,000
* Issue Price ₹140 × Lot Size 1,000 shares
IPO Schedule
Anchor
10 Sep 2025
✓ Done
IPO Open
11 Sep 2025
✓ Done
IPO Close
15 Sep 2025
✓ Done
Allotment
16 Sep 2025
✓ Done
Refunds
17 Sep 2025
✓ Done
Demat Credit
17 Sep 2025
✓ Done
Listing Day
18 Sep 2025
✓ Done
Airfloa Rail Technology Ltd. — Live Price LIVE
₹140.00
INR · BSE
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Issue ₹140.00 Live Price
About Airfloa Rail Technology Ltd.
Incorporated in December 1998, Airfloa Rail Technology Limited manufactures components for Indian Railways' rolling stock through production units like the Integral Coach Factory (ICF) and other coach factories.The company manufactures rolling stock components and interior projects for Indian Railways and produces complex, crucial parts for aerospace and defence.The company made rolling stock parts and managed interior projects for Sri Lankan DEMU, Mainline Coaches, Agra-Kanpur Metro, RRTS, Vistadome Coaches, and Train-18 Vande Bharat Express.They are a key supplier to Indian Railways, manufacturing high-precision components and turnkey interior furnishings for rolling stock. They also serve the aerospace and defense sectors, making components for projects like AMCA ground simulators and artillery tank bodies. The company offers turnkey interior furnishing projects for prestigious railway projects, such as the Vande Bharat Express and the Agra-Kanpur Metro.They extend their expertise to the aerospace and defence sectors, manufacturing components for projects like AMCA ground simulators.They are an ISO 9001:2015, EN 15085-2, and BMS-certified company, signifying their commitment to quality management and railway standards.The company contribute to its appeal by supplying the following key components:Seating Options: Comfortable seats are designed for long, scenic trips, offering optimal viewing angles.Passenger Accessibility: IC doors for smooth and safe movement within the coach.Climate Control: Air diffusers ensure a pleasant environment during travel.Interior Design: Large windows, roof panels, and PAPIS displays, enhancing visibility and the overall travel experience.As of July 31, 2025, the Company’s workforce comprised 281 employees (including those on contract), including the senior management team.Competitive StrengthThe manufacturing capabilities produce high-quality components, making us a versatile partner for the the railway, aerospace, and defence sectors.As a turnkey railway provider, the company offers seamless end-to-end solutions, simplifying project execution and boosting efficiency.Advanced manufacturing with modern machinery ensures efficiency and precision, making us a trusted partner for quality railway and aerospace components.Led by experienced promoters, the company navigates market dynamics, drives innovation, and fosters strong client relationships in the railway and aerospace sectors.A strong work order book, proven financials, and a scalable model position us for continued growth and meeting rising market demands.
Objects of the Issue
1
1 Capital expenditure towards purchase of machinery and equipmen
2
2 Repayment of a portion of certain outstanding borrowing availed by the company
3
3 Funding working capital requirements
4
4 General corporate purposes
Airfloa Rail Technology Ltd. Financials (Amount in Crore)
Revenue from Operations
N/A
FY 2022-23
N/A
FY 2023-24
₹192.7
31 Mar 2025
Profit After Tax (PAT)
N/A
FY 2022-23
N/A
FY 2023-24
₹25.6
31 Mar 2025
Particulars31 Mar 2025FY 2023-24FY 2022-23
Revenue from Operations 192.66 N/A N/A
EBITDA 47.41 N/A N/A
Profit After Tax (PAT) 25.55 N/A N/A
Net Worth 110.80 N/A N/A
Total Assets 256.94 N/A N/A
Reserves & Surplus 93.34 N/A N/A
Borrowings 59.98 N/A N/A
EBITDA Margin (%) 24.61%
PAT Margin (%) 13.28%
P/BV Ratio
2.19
RoE
30.64%
RoCE
26.28%
RoNW
23.06%
PAT Margin
13.28%
EBITDA Margin
24.61%
Debt/Equity
0.54
Issue Structure & Shareholding
Total Shares Offered65,07,000 (100.00%)
Net Offer to Public61,81,000 shares (aggregating up to ₹86.53 Cr)
Reserved for Market Maker3,26,000 shares (aggregating up to ₹4.56 Cr)
Pre-Issue Promoter Holding1,74,62,954 shares
Post-Issue Promoter Holding2,39,69,954 shares
P/BV Ratio2.19
RoE30.64%
RoCE26.28%
Debt / Equity0.54
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
GYR Capital Advisors Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Airfloa Rail Technology Ltd. IPO subscribed?

Airfloa Rail Technology Ltd. IPO is subscribed 1.00 times by Sep 15, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Airfloa Rail Technology Ltd. IPO retail subscription status?

The Airfloa Rail Technology Ltd. IPO retail category is subscribed 1.00 times as of 15 Sep 2025. The retail portion is oversubscribed.

How to subscribe Airfloa Rail Technology Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 11 Sep 2025 and closes 15 Sep 2025. Min investment: ₹140,000 (1 lot = 1,000 shares). UPI mandate: 2025-09-15.

How many times Airfloa Rail Technology Ltd. IPO subscribed?

The Airfloa Rail Technology Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Airfloa Rail Technology Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 16 Sep 2025. Refunds: on 17 Sep 2025.

When Airfloa Rail Technology Ltd. IPO will be listed?

The Airfloa Rail Technology Ltd. IPO listing date is 18 Sep 2025, Thursday. Listed on: BSE SME. Issue price: ₹140. Estimated listing: ₹140. GMP: NIL.

When Airfloa Rail Technology Ltd. IPO close?

The Airfloa Rail Technology Ltd. IPO closes on 15 Sep 2025, Monday. UPI mandate: 2025-09-15. Allotment: 16 Sep 2025. Listing: 18 Sep 2025.