Airfloa Rail Technology Limited IPO
BSE SMEOffer Date: Sep 11, 2025 - Sep 15, 2025
Exp. Premium: 120-130 (85.71%)
₹ 140000 /1000 Shares
*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.
11 Sep, 2025
Open Date15 Sep, 2025
Close Date16 Sep, 2025
Allotment Date18 Sep, 2025
Listing DateIssue Price
₹133-140 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Kfin Technologies LimitedMarket Lot
Individual(Retail)(Min) : 2000 Shares (₹280,000/-)S-HNI(Min) : 3000 Shares (₹420,000/-)
S-HNI(Max) : 7000 Shares (₹980,000/-)
B-HNI(Max) : 8000 Shares (₹11,20,000/-)
Lead Manager
GYR Capital Advisors Pvt LtdIssue Size
65,07,000 shares(aggregating up to ₹91.10 Cr)Retail Portion
35% (Number of Individual Applications: 1082 Approx),(Number of S-HNI Applications : 103 Approx),
(Number of B-HNI Applications : 207 Approx)
Subscription
N/A timesAirfloa Rail Technology IPO Details
Airfloa Rail Technology Limited IPO is an SME IPO, priced at ₹133-140 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 65,07,000 equity shares, aggregating up to ₹91.1 crores..
The IPO bidding window is open from Sep 11, 2025 to Sep 15, 2025. The allotment is expected to be finalized on Sep 16, 2025, and the tentative listing date is Sep 18, 2025.
The minimum lot size for retail investors is 2000 shares, with a minimum investment of ₹2,80,000.
GYR Capital Advisors Pvt Ltd is acting as the lead manager to the issue. The registrar of the IPO is Kfin Technologies Limited, and
Airfloa Rail Technology Valuations
EPS Pre IPO
₹14.63/-EPS Post IPO
₹10.66/-P/E Pre IPO
9.57P/E Post IPO
13.14ROE
30.64%ROCE
26.28%Debt/Equity
0.54RoNW
23.06%PAT Margin
13.28%Price to Book Value
2.19Airfloa Rail Technology Company Financials All values are in ₹ Cr.
| 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|
| Assets | 255.76 | 201.99 | 163.89 |
| Revenue | 192.66 | 122.87 | 95.33 |
| Profit After Tax | 25.56 | 14.23 | 1.49 |
| Net Worth | 110.80 | 55.98 | 41.75 |
| Reserves & Surplus | 90.98 | 50.99 | 36.75 |
| Total Borrowing | 59.98 | 63.80 | 60.22 |
About The Company
Established in December 1998, Airfloa Rail Technology Limited produces components for Indian Railways' rolling stock in the form of production units such as the Integral Coach Factory (ICF) and other coach factories.
The company produces rolling stock components and interior projects for Indian Railways and makes sophisticated, critical components for aerospace and defence.The company produced parts for rolling stock and handled interior work for Sri Lankan DEMU, Mainline Coaches, Agra-Kanpur Metro, RRTS, Vistadome Coaches, and Train-18 Vande Bharat Express.They are a major supplier to Indian Railways, producing high-precision components and turnkey interior fitouts for rolling stock. They also supply the aerospace and defense industries, producing components for projects such as AMCA ground simulators and artillery tank bodies.
The company provides turnkey interior furnishing deals for high-end trade railway projects, including the Vande Bharat Express and Agra-Kanpur Metro.They extend their experience to the aerospace and defence industries, producing parts for projects such as AMCA ground simulators.They are an ISO 9001:2015, EN 15085-2, and BMS-certified firm, which indicates their attention to quality management and railway standards.
The company contribute to its charm by providing the following important components:
Seating Arrangements: Long, scenic journeys are ideal for comfortable seating, which provides the best viewing position.
Passenger Access: Smooth and safe IC doors within the coach for ease of movement.
Climate Control: Comfortable travel environment provided through air diffusers.
Interior Design: Wide windows, roof glazing, and PAPIS screens, all contributing to improved visibility and comfort in travel.
As of 31 May 2025, the Company had a workforce of 255 people (including contract employees), including the senior management.
Airfloa Rail Technology - Promoter(s)
Pre Issue Share Holding: 74.40%
Post Issue Share Holding: 54.20%
- Mr. Venkatesan Dakshinamoorthy
- Mr. Manikandan Dakshnamoorthy
- Ms. Nandhini Manikandan
- Mr. Sathishkumar Venkatesan
Airfloa Rail Technology IPO - Issue Objectives
- Capital expenditure towards purchase of machinery and equipment
- Repayment of a portion of certain outstanding borrowing availed by the company
- Funding working capital requirements
- General corporate purposes
Other Details
Airfloa Rail Technology
No 9 Chelliamman, Koilstreet Keelkttala, Chennai, Tamil Nadu, 600117Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: airfloa.ipo@kfintech.com
Airfloa Rail Technology IPO - FAQs
Ans. Airfloa Rail Technology Limited IPO is a SME IPO. The issue is priced at ₹133-140 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Sep 11, 2025, and closes on Sep 15, 2025. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Airfloa Rail Technology Limited IPO opens on Sep 11, 2025 and closes on Sep 15, 2025.
Ans. The size of Airfloa Rail Technology Limited IPO is 65,07,000 shares(aggregating up to ₹91.10 Cr).
Ans. The IPO price band is set between ₹133-140 per equity share.
Ans. To apply for Airfloa Rail Technology Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Airfloa Rail Technology Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Airfloa Rail Technology Limited IPO is Sep 16, 2025.
Ans. The Airfloa Rail Technology Limited IPO will be listed on Sep 18, 2025.
Ans. Follow the steps to check the allotment status for Airfloa Rail Technology Limited IPO here.
