
Airfloa Rail Technology IPO Listing at 90% Premium at ₹266 Per Share
Posted by : sachet | Thu Sep 18 2025

Check Experts’ Verdicts on Airfloa Rail Technology Limited
Airfloa Rail Technology IPO Listing: The Airfloa Rail Technology IPO was subscribed 301.52 times as of its closing. In this subscription, qualified institutional buyers (QIBs) received 214.65 times the allocation, and non-institutional investors (NIIs) received 349.88 times the allocation. The retail quota of the issue was subscribed to 33.26%. Before delving deeper into the topic, go through the details of the Airfloa Rail Technology IPO.
Airfloa Rail Technology IPO Listing
On the BSE and SME platforms, shares are listed at ₹266, reflecting a premium of 90% against the issue price of ₹140 per share.
Airfloa Rail Technology IPO Details
It is a bookbuilding IPO of ₹91.10 crore, comprising a fresh issue of 0.65 crore shares. The problem will be listed on BSE and SME on its tentative listing date, 18th September 2025. The Airfloa Rail Technology IPO date is fixed between 11th September 2025 and 15th September 2025. The face value of Airfloa Rail Technology IPO shares stands at ₹10 per share, and the IPO price is set at ₹133.00 to ₹140.00 per share.
IPO Open Date | 11th September 2025 |
IPO Close Date | 15th September 2025 |
IPO Allotment Date | 16th September 2025 |
Refund Initiation | 17th September 2025 |
Issue Size | 65,07,000 shares(aggregating up to ₹91.10 Cr) |
Fresh Issue | ₹10 per share |
Offer for sale | 1,000 shares |
Face Value | ₹133.00 to ₹140.00 per share |
Lot Size | Bookbuilding IPO |
Issue Price Band | BSE & SME |
Issue Type | 18th September 2025 |
Listing At | 11th September 2025 |
Listing Date | 15th September 2025 |
About Airfloa Rail Technology Limited
Airfloa Rail Technology Limited was established 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 defence 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.
Airfloa Rail Technology Limited Financials
The company’s financial analysis is crucial before applying for the Airfloa Rail Technology IPO. Refer to the table to learn about Airfloa Rail Technology Limited’s financials.
Year Ended | 31st March 2024 (in cr.) | 31st March 2023 (in cr.) |
Assets | 201.99 | 163.89 |
Revenue | 122.87 | 95.33 |
Profit After Tax | 14.23 | 1.49 |
EBITDA | 34.58 | 14.68 |
Net Worth | 55.98 | 41.75 |
Reserve and surplus | 50.99 | 36.75 |
Total Borrowing | 63.80 | 60.22 |
Explanation
Airfloa Rail Technology Limited’s revenue increased by 28.88% from ₹95.33 crores in March 2023 to ₹122.87 crores in March 2024. Moreover, the company’s PAT rose by 855.03% from ₹1.49 crores to ₹14.23 crores.
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