IPO

BharatRohan Airborne Innovations Limited IPO

BSE SME

Listed On: Sep 30, 2025 at ₹ 90.0

₹ 272000 /3200 Shares
*Min Investment

Check Allotment

23 Sep, 2025

Open Date

25 Sep, 2025

Close Date

26 Sep, 2025

Allotment Date

30 Sep, 2025

Listing Date
BharatRohan Airborne Innovations IPO Live Subscription Details
View Subscription Details
QIB 8.33x
Individual 8.54x
NIIs 16.35x
BHNI 18.92x
SHNI 11.21x
Individual 8.54x
Total 10.17x
Last updated: 25 Sep 2025, 06:55 PM
BharatRohan Airborne Innovations IPO Issue Details
  • Issue Price ₹80-85 per equity share
  • Face Value ₹10 Per Equity Share
  • Total Issue Size 52,99,200 shares(aggregating up to ₹45.04 crore)
  • Fresh Share 52,99,200 shares(aggregating up to ₹45.04 crore)
  • Listing at BSE SME
  • List Price 90.0
  • Listing Date 2025-09-30
  • Lead Manager Smart Horizon Capital Advisors Pvt.Ltd.
  • Registrar Kfin Technologies Ltd.
Market Lot Size

Investors can bid for a minimum of 3,200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.

ApplicationLotsSharesAmount
Individual (min)23,200₹2,72,000
Individual(max)23,200₹2,72,000
SHNI(min) 34,800₹4,08,000
SHNI(max) 711,200₹9,52,000
BHNI(min) 812,800₹10,88,000
BharatRohan Airborne Innovations IPO Reservation

BharatRohan Airborne Innovations IPO offers total 52,99,200 shares. Out of which 9,88,800 (18.66%) allocated to QIB, 7,68,000 (14.49%) allocated to NII,17,98,400 (33.94%) allocated to RII, NA (NA%) allocated to employees and 14,75,200 (27.84%) allocated to Anchor investors.

Investor CategoryShares OfferedMaximum Allottees
Anchor Investor Shares Offered14,75,200 (27.84%)
Market Maker Shares Offered2,68,800 (5.07%)
QIB Shares Offered9,88,800 (18.66%)
NII (HNI) Shares Offered7,68,000 (14.49%)
bNII < ₹10L5,12,000 (9.66%)
sNII < ₹10L2,56,000 (4.83%)
Individual Shares Offered17,98,400 (33.94%)
Total Shares Offered52,99,200 (100%)
BharatRohan Airborne Innovations IPO Documents
BharatRohan Airborne Innovations IPO Details


BharatRohan Airborne Innovations Limited IPO is an SME IPO, priced at ₹80-85 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 52,99,200 equity shares, aggregating up to ₹45.04 crores..

The IPO bidding window is open from Sep 23, 2025 to Sep 25, 2025. The allotment is expected to be finalized on Sep 26, 2025, and the tentative listing date is Sep 30, 2025.

The minimum lot size for Individual investors is 3,200 shares, with a minimum investment of ₹2,72,000.

Smart Horizon Capital Advisors Pvt.Ltd. is acting as the lead manager to the issue. The registrar of the IPO is Kfin Technologies Ltd., and Rikhav Securities Ltd. will act as the market maker for this issue.

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BharatRohan Airborne Innovations IPO Subscription Analysis And Details
Retail
8.50x
Total
10.07x
As onQIB / NIIIndividualTotal
Shares Offered / Reserved9,88,800 / 7,68,00017,98,40035,55,200
Day 1 23-09-25 06:00 PM
2.62 / 0.95 x0.27 x1.07 x
Day 2 24-09-25 06:00 PM
2.62 / 1.77 x1.31 x1.77 x
Day 3 25-09-25 06:00 PM
8.33 / 16.0 x8.50 x10.07 x

Total No of Applications
5,947
BharatRohan Airborne Innovations Valuations
EPS Pre IPO ₹5.19
EPS Post IPO ₹3.81
P/E Pre IPO 16.38
P/E Post IPO 22.32
ROE 28.21%
ROCE 19.69%
Debt/Equity 0.04
RoNW 20.38%
PAT Margin 26.93%
Price to Book Value 3.32
EBITDA Margin 28.12%
BharatRohan Airborne Innovations Company Financials
In Crs.
In Cr.
31-Mar-2531-Mar-2431-Mar-23
Assets42.0222.335.27
Revenue28.2318.986.53
Profit After Tax7.596.901.81
Net Worth37.2216.003.18
Reserves & Surplus22.8313.113.30
Total Borrowing1.344.131.52
About BharatRohan Airborne Innovations Company

Founded in June 2016, BharatRohan Airborne Innovations Limited is an agritech solutions company specializing in drone/UAV platforms and Hyperspectral Imaging (HSI) technology.

The firm provides various services and products to meet major challenges in the agri-value chain such as crop production suggestions and recommendations on Integrated Crop Management Practices to facilitate the sale of agriculture inputs and outputs.

They are an Agri-tech firm that assists farmers in profitable farming through a Decision Support System (DSS) incorporating Hyperspectral Imaging and other imaging technologies.

Products & Services:
- Crop Monitoring Service provision
- Sale of different branded agri-input

As of June 30, 2025, the company employed a total of 39 permanent staff and 20 Fixed Term Employees.

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BharatRohan Airborne Innovations - Promoter(s)

Mr. Amandeep Panwar

Mr. Rishabh Choudhary

Pre Issue Share Holding : 54.86%

Post Issue Share Holding : 40.27%

BharatRohan Airborne Innovations IPO - Issue Objectives
1

Funding of Capital Expenditure requirements for purchase of new Equipment by the Company - ₹14.21 crores

2

Purchase of Commercial Vehicle - ₹2.29 crores

3

Funding Working Capital Requirement of the Company - ₹16.68 crores

4

General Corporate Purpose

Contact Details

BharatRohan Airborne Innovations

Fourth Floor B-117 DDA Sheds Okhla Industrial Area Phase - I South Delhi, New Delhi, 110020

+91 9266109913

investors@bharatrohan.in

https://bharatrohan.in/

Registrar Contact Details

Kfin Technologies Ltd.

04067162222, 04079611000

bharatrohan.ipo@kfintech.com

https://ipostatus.kfintech.com/