Airfloa Rail Technology IPO Will Open On Sep 11, 2025 And Close On Sep 15, 2025. The ₹- Cr. IPO Is A Fresh Offer and Offer for Sale. Airfloa Rail Technology IPO Price Band is Set At ₹133 to ₹140 Per share.
The Allotment Will Be Finalized On Sep 16, 2025 and Listing date is Expected on The BSE SME By Sep 18, 2025. Investor Quota like 50.00% QIB, 35.00% Retail, and 15.00% HNI Category.
Financial Year 2025 Company Posted a Revenue of ₹- Cr. and A Net Profit of ₹- Cr. Showing Strong Growth From The Previous Year. Based On Financial, The IPO Looks Promising For Long-term Investors.
Airfloa Rail Technology IPO Dates & Price Band Details
| Open Date | Sep 11, 2025 |
|---|---|
| Close Date | Sep 15, 2025 |
| Price Band | ₹133 to ₹140 per share |
| Face Value | ₹10 per equity share |
| Lot Size | 1,000 Shares |
| Minimum Investment | ₹1,40,000 Thousand (for 1 lot at ₹140) |
| Type | Fresh Issue |
| Issue Size | 65,07,000 shares (Approx ₹91.10 Cr) |
| Fresh issue size | 65,07,000 shares (Approx ₹91.10 Cr) |
| Market Maker | 3,26,000 shares (Approx ₹4.56 Cr) |
| Issue Type | Bookbuilding IPO |
| QIB Quota | 50.00% |
| Retail Investor Quota | 35.00% |
| NII (HNI) Quota | 15.00% |
| Listing Exchange | BSE SME |
| Anchor Investor List | Click Here |
| DRHP (Draft Prospectus) | Click Here |
| RHP (Final Prospectus) | Click Here |
About Airfloa Rail Technology Limited
Our Company was originally incorporated on December 14, 1998 “Airfloa Rail Technology Limited” We are engaged in the manufacturing of components which are used in the rolling stock for the Indian Railways through railway production units like Integral Coach Factory (“ICF”), other coach factories.
- Rail Car Body
- Rail Interior
- Composites
In addition to manufacturing the rolling stock components, we carry out turnkey interior furnishing projects for Indian Railways. In the aerospace and defence sectors, we
manufacture intricate, highly engineered, and vital components. Along with Indian Railways through ICF and other coach factories, we also serve other Rails factories, and global rolling stock OEMs.
We have manufactured rolling stock components and implemented turnkey interior furnishing projects for Sri Lankan DEMU and Mainline Export Coaches, Agra-Kanpur Metro Coach, RRTS Coach, Vistadome Coach and Train-18 Vande Bharat Express.
Airfloa Rail Technology IPO Market Lot Size
The Minimum Lot Size For The Airfloa Rail Technology IPO is 2,000 Shares, Requiring An Application Amount of ₹2,80,000 and in multiples of 1,000 For Retail Investors. Investors Must Apply in Multiples of The Lot Size.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2,000 | ₹2,80,000 |
| Retail Maximum | 2 | 2,000 | ₹2,80,000 |
| S-HNI Minimum | 3 | 3,000 | ₹4,20,000 |
| S-HNI Maxmum | 7 | 7,000 | ₹9,80,000 |
| B-HNI Minimum | 8 | 8,000 | ₹11,20,000 |
Objects Of The Issue
- Capital expenditure towards purchase of machinery and equipment.
- Repayment of a portion of certain outstanding borrowing availed by our company.
- Funding working capital requirements.
- General corporate purposes.
Airfloa Rail Technology IPO Allotment & Listing Dates
Airfloa Rail Technology IPO Will Open on Sep 11 and Close on Sep 15, 2025. The allotment is Expected on Sep 16, With the Listing Scheduled on BSE SME For Sep 18, 2025 (More information below table).
| Anchor Investor Bidding | Wed, Sep 10, 2025 |
|---|---|
| IPO Open | Thu, Sep 11, 2025 |
| IPO Close | Mon, Sep 15, 2025 |
| Allotment Finalisation | Tue, Sep 16, 2025 |
| Refunds / Unblocking | Wed, Sep 17, 2025 |
| Shares Credited to Demat | Wed, Sep 17, 2025 |
| Listing Date | Thu, Sep 18, 2025 |
Airfloa Rail Technology IPO Financial Report (FY 2025)
Airfloa Rail Technology Reported a total Revenue of ₹122.87 Cr. in FY 2024, Slightly up From ₹95.33 Cr. in FY 2023. The Company Net Profit Also Rose to ₹14.23 Cr. From ₹1.49 Cr. in the Previous Year Showing Consistent Financial Growth Ahead of its IPO. (More information below table).
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 201.99 | 163.89 | 176.76 |
| Revenue | 122.87 | 95.33 | 137.63 |
| Profit After Tax | 14.23 | 1.49 | 3.43 |
| EBITDA | 34.58 | 14.68 | 16.32 |
| Net Worth | 55.98 | 41.75 | 40.25 |
| Reserves and Surplus | 50.99 | 36.75 | 35.26 |
| Total Borrowing | 63.80 | 60.22 | 70.85 |
| Amount in ₹ Crore |
Airfloa Rail Technology IPO Valuation Report – FY 2025 (KPI)
Check Detailed Airfloa Rail Technology IPO Valuation Metrics for FY 2025, including EPS, P/E Ratio, RoNW, NAV, ROCE, and other key financial indicators. These Ratios help Investors Assess the Company financial Health & Valuation Before applying for The IPO. (More information below table).
| KPI | Value |
|---|---|
| Return on Equity (ROE) | 29.13% |
| Return on Capital Employed (ROCE) | 26.28% |
| EBITDA Margin | 24.61% |
| PAT Margin | 13.28% |
| Debt-to-Equity Ratio | 0.54 |
| Earnings Per Share (EPS) | 15.63 |
| Price to Earnings Ratio (P/E) | 8.95 |
| Return on Net Worth (RoNW) | 23.06% |
| Net Asset Value (NAV) | 63.81 |
Our Competitive Strengths
Our manufacturing capabilities deliver high-quality components, making us a versatile partner for clients in railway, aerospace, and defence sectors.
As a turnkey provider in railway, we offer seamless end-to-end solutions, simplifying project execution and boosting efficiency.
Our advanced manufacturing, with modern machinery and equipment ensures efficiency and precision, making us a trusted partner for quality components in the railway and aerospace sectors.
Led by seasoned promoters with extensive industry experience, we effectively navigate market dynamics, drive innovation, and strengthen client relationships in the railway and aerospace sectors.
A robust work order book, coupled with proven financial performance and scalable business model, positions us for sustained growth and the ability to meet rising market demands.
Our Company Promoters
1. Venkatesan Dakshinamoorthy
2. Manikandan Dakshna moorthy
3. Nandhini Manikandan
4. Sathishkumar Venkatesan
Comparison of Accounting Ratios with Industry Peers
| Name of Company | Face Value (₹) | EPS (₹) | PE | RoNW (%) | NAV per Share (₹) |
|---|---|---|---|---|---|
| Airfloa Rail Technology | 10.00 | 15.63 | 8.95 | 23.06% | 63.81 |
| Jupiter Wagons | 2.00 | 9.08 | 37.80 | 13.81% | 64.88 |
| Titagarh Rail Sustem | 10.00 | 20.39 | 41.94 | 11.07% | 184.40 |
Also Read: Airfloa Rail Technology IPO GMP Today, Grey Market Premium Live
Airfloa Rail Technology Company Contact Details
No 9 Chelliamman Koilstreet
Keelkttalai Chennai-117,
Tamil Nadu 600117, India
Tel: +91 9600621490;
E-mail id: cs@airflow.co.in
Website: https://www.airflow.co.in
Airfloa Rail Technology Lead Manager
GYR Capital Advisors Pvt Ltd
Address: 428, Gala Empire,
Near JB Tower, Drive in Road,
Thaltej,Ahmedabad-380 054,Gujarat,India.
Telephone: +91 8777564648
E-mail Id: info@gyrcapitaladvisors.com
Website: www.gyrcapitaladvisors.com
Airfloa Rail Technology IPO Registrar
KFin Technologies Limited
Address: Selenium Tower-B, Plot 31 & 32,
Gachibowli, Financial District,
Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana, India.
Tel. Number: +91 40 6716 2222;
Toll Free No: 1800 309 4001
Email: airfloa.ipo@kfintech.com
Website: www.kfintech.com
Airfloa Rail Technology IPO FAQs
Question 1: What is the Airfloa Rail Technology IPO?
Answer 1:Airfloa Rail Technology IPO is a SME IPO of equity shares of the face value of ₹10 approximately up to ₹- Cr. The issue is priced at ₹133 to ₹140 per share.
The Airfloa Rail Technology IPO opens on Sep 11, 2025 and closes on Sep 15, 2025.
KFin Technologies Limited is the registrar for the IPO. The shares to be listed on BSE SME.
Question 2: How to apply in Airfloa Rail Technology IPO through Groww?
Answer 2: Groww customers can apply online in Airfloa Rail Technology IPO using UPI as a payment gateway. Groww customers can apply in Airfloa Rail Technology IPO by login into Groww (back office) and submitting an IPO application form.
Steps to apply in Airfloa Rail Technology IPO through Groww –
- Visit the Groww website and login to Groww.
- Go to Main Page and click the Products & tools and click IPO tab.
- New page Open and Show ‘Airfloa Rail Technology IPO’ click the ‘Apply’ button.
- Show IPO detail Shares lot Size and Bid Price & click here to Cutoff Price check Box and Continue.
- Inter Your UPI id like . 95****299@kotak accept terms and condition click Box and Apply For IPO
- groww share payment link Your UPI Mobile Number Pay Payment for IPO Bid to approve the e-mandate successfully submit application .
Question 3: When Airfloa Rail Technology IPO will open?
Answer 3: The Airfloa Rail Technology IPO opens on Sep 11, 2025, and closes on Sep 15, 2025.
Question 4: What is the lot size of Airfloa Rail Technology IPO?
Answer 4:Airfloa Rail Technology IPO lot size and the minimum order quantity is 1,000 Shares.
Question 5: How to apply for Airfloa Rail Technology IPO?
Answer 5: You can apply in Airfloa Rail Technology IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Groww, Zerodha, Upstox, 5Paisa, Phonepe Share Market, HDFC Bank, and Angel one.
Question 6: When is Airfloa Rail Technology IPO allotment date?
Answer 6: The Basis of Allotment for Airfloa Rail Technology IPO will be on Tue, Sep 16, 2025, and the allotted shares will be credited to your demat account by Wed, Sep 17, 2025. For Check the Airfloa Rail Technology IPO allotment status.
Question 7: When is Airfloa Rail Technology IPO listing date?
Answer 7: The Airfloa Rail Technology IPO listing date is Sep 18, 2025. The date of Airfloa Rail Technology IPO listing on Thu, Sep 18, 2025.
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