Airfloa Rail Technology Ltd. IPO logo

Airfloa Rail Technology Ltd. IPO Details – Price, Date, GMP & Analysis

Upcoming
SME
Price Range:
Rs.133.00 to 140.00
Issue Size:
Rs.91.10 Cr
Lot Size:
1000 shares
Open Date:
September 11

Airfloa Rail Technology Ltd. IPO Overview

Bidding Dates
September 11 - September 15
Min Investment
₹133,000
Price Range
₹133.00 to 140.00
Issue Size
91.10 Cr
IPO DRHP Doc

Company Overview

Airfloa Rail Technology Limited, incorporated in December 1998, manufactures components for Indian Railways and the aerospace and defense sectors. They produce high-precision components and turnkey interior furnishings for railway projects, including the Vande Bharat Express and Agra-Kanpur Metro. The company is ISO 9001:2015, EN 15085-2, and BMS-certified, reflecting its commitment to quality management and railway standards. As of May 31, 2025, the workforce included 255 employees.

IPO Timeline

Opens

Sep 11

Closes

Sep 15

Allotment

Sep 16

Refunds

Sep 17

Shares Credit

Sep 17

Listing

Sep 18

Subscription data will be available when the IPO opens for bidding.

Current GMP:
Rs.160
Est. Listing:
Rs.300
Est. Gain:
+114.3%
Star Rating:
(5/5)

Financial Information

Financial Data Table

Detailed breakdown of financial metrics across years

Financial Metric2025
Assets256.94 Cr
EBITDA47.41 Cr
Net Worth110.8 Cr
Profit After Tax25.55 Cr
Reserves and Surplus93.34 Cr
Total Borrowing59.98 Cr
Total Income192.66 Cr
Financial data is visualized in the chart above

Strengths & Risks Analysis

Key Strengths

Competitive advantages and positive aspects

  • Wide product portfolio: coaches, wagons, locomotives, components
  • Proven track record of revenue and profit growth
  • Experienced promoters with strong industry knowledge and leadership
  • Established client base within the Indian Railways ecosystem
  • Growing capacity with modern infrastructure and facilities

IPO Details

Airfloa Rail Technology IPO Details

Face Value₹10 per share
IPO DateSeptember 11, 2025 to September 15, 2025
Issue Price Band₹133 to ₹140 per share
Issue TypeBookbuilding IPO
Listing AtBSE SME
Listing Date[.]
Lot Size1,000 Shares
Net Offered to Public61,81,000 shares (aggregating up to ₹86.53 Cr)
Reserved for Market Maker3,26,000 shares (aggregating up to ₹4.56 Cr)Giriraj Stock Broking Pvt.Ltd.
Sale TypeFresh Capital
Share Holding Post Issue2,39,69,954 shares
Share Holding Pre Issue1,74,62,954 shares
Total Issue Size65,07,000 shares (aggregating up to ₹91.10 Cr)

Airfloa Rail Technology IPO Reservation

Share Reservation Distribution

QIB
3,087,000 shares (47.44%)
Retail
2,164,000 shares (33.26%)
Anchor Investors
1,852,000 shares (28.46%)
QIB (Ex-Anchor)
1,235,000 shares (18.98%)
HNI (NII)
930,000 shares (14.29%)
bNII (>₹10L)
620,000 shares (9.53%)
Market Maker
326,000 shares (5.01%)
sNII (<₹10L)
310,000 shares (4.76%)

Airfloa Rail Technology IPO Promoter Holding

Promoter Holding Post Issue54.2%
Promoter Holding Pre Issue74.40%