
Airfloa Rail Technology IPO Subscription Day 3
Posted by : sachet | Mon Sep 15 2025

Check Expert’s Verdicts on Airfloa Rail Technology IPO
Here, Airfloa Rail Technology IPO launched on 11th September 2025. The issue will be closed for bidding today, on 15th September 2025. The primary aim of Airfloa Rail Technology IPO is to raise ₹91.10 crores from the market. Additionally, Airfloa Rail Technology IPO has received an impressive level of subscription, which suggests that the shares will be listed at a remarkable premium. Scroll down to check the Airfloa Rail Technology IPO subscription and details.
Airfloa Rail Technology IPO Details
IPO Open Date | 11th September 2025 |
Face Value | ₹10 per share |
Price Band | ₹133 to ₹140 per share |
Lot Size | 1,000 Shares |
Issue Type | Bookbuilding IPO |
Listing At | BSE & SME |
IPO Close Date | 15th September 2025 |
Listing Date | 18th September 2025 |
The price band for Airfloa Rail Technology IPO has been prescribed as ₹133 to ₹140 per share, with a total of 65,07,000 shares issued. Let’s segregate the share quota fixed for different categories of investors.
Categories | Shares Offered | % Shares offered |
Market Maker Shares Offered | 3,26,000 | 5.01% |
QIB Shares Offered | 30,87,000 | 47.44% |
NII (HNI) Shares Offered | 9,30,000 | 14.29% |
Retail Investors | 21,64,000 | 33.26% |
Total Shares Offered | 65,07,000 | 100.00% |
Airfloa Rail Technology IPO Subscription Status
As of now, the Airfloa Rail Technology IPO has been subscribed to 217.13 times. Of these, 261.87 times are subscribed by retail investors, 270.43 times by non-institutional investors, and 98.59 times by QII (Qualified Institutional Investors).
The healthy subscription status indicates that investors are expecting higher returns at the time of the Airfloa Rail Technology IPO listing on 18th September 2025. Airfloa Rail Technology also has a positive outlook behind the fresh issue of 0.65 crore shares, which is expected to raise around Rs 91.10 crore.
Airfloa Rail Technology IPO GMP Today

We know that higher subscription prices encourage grey market premiums for IPOs. Let’s explore the Airfloa Rail Technology IPO GMP for 15th September 2025.
The grey market premium for this IPO is 121.43% or Rs 170 per share. It indicates that the estimated listing price per share is Rs 310. Numerous factors played a pivotal role in this jump in the Airfloa Rail Technology IPO GMP. These include higher subscription rates received, positive market sentiments, and investors’ positive attitude towards IPOs.
About Airfloa Rail Technology Ltd.
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.
Financial Performance
Assess the company’s financial performance over the past three years to gain insight into the expectations for its current IPO listing.
Year Ended | 31st March 2025 (in cr.) |
Assets | 256.94 |
Revenue | 192.66 |
Profit After Tax | 25.55 |
EBITDA | 47.41 |
Net Worth | 110.80 |
Reserve and surplus | 93.34 |
Total Borrowing | 59.98 |
Technical Indicators
Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of Airfloa Rail Technology Limited.
Key Indicators | Value |
PE Ratio (Price-to-Earnings) | 9.57 |
EPS (Earnings Per Share) | 14.63 |
RoNW | 23.06% |
ROCE | 26.28% |
ROE | 30.64% |
EBITDA Margin | 24.61% |
Price to Book Value | 2.19 |
Market Capitalisation | [.] |
Airfloa Rail Technology IPO Listing Expectations
The Airfloa Rail Technology IPO allotment is still pending. However, according to current GMP or market sentiments, it is reasonable to expect higher listing gains from the share. A 121.43% jump in Airfloa Rail Technology’s IPO GMP indicates that the estimated listing price per share will be approximately Rs 310.
It will provide higher listing gains to investors who applied for this IPO. Additionally, the financial fundamentals of this business made it the experts’ top long-term recommendation.
Airfloa Rail Technology IPO Dates
IPO Open Date | 11th September 2025 |
IPO Close Date | 15th September 2025 |
Allotment | 16th September 2025 |
Refund Date | 17th September 2025 |
IPO Listing Date | 18th September 2025 |
Note: IPO GMP is highly volatile, influenced by market sentiment. Hence, one should conduct their research before investing in it.
Recent Articles
Top 100 Penny Stocks | Penny Stocks to Buy Now in 2025
Top 10 Penny Stocks in India | Penny Stocks to Buy in 2025
Best Stocks to Buy Today: Explore Best Stocks With Expected Trends
Milky Mist Dairy Foods IPO Details: Everything You Should Know about
Karbonsteel Engineering IPO GMP & Review: Should You Apply or Avoid?
Taurian MPS IPO GMP & Review: Should You Apply or Avoid?
Shringar House of Mangalsutra IPO GMP & Review: Apply or Avoid?
Dev Accelerator IPO GMP & Review: Apply or Avoid?