IPO

Airfloa Rail Technology Ltd. IPO

Airfloa Rail Technology Ltd., established in 1998, operates in the Railway Wagons and Wans sector. The company's IPO opened on September 11, 2025 and closed on September 15, 2025, with an issue price ... Read more

Min Investment
₹ 1,40,000 / 1000 shares
Price Range
₹133 - ₹ 140
Bidding Dates
11 Sep '25 - 15 Sep '25
Total Issue Value
91.10 Cr
Lot Size
1,000
Total Issue Size
91.10 Cr
Listing At
BSE SME
Subscription
283.35 times
BSE Price
332.10 (137.21%)

IPO Timeline

  • 11 Sep 2025
    Bidding Starts
  • 15 Sep 2025
    Bidding Ends
  • 16 Sep 2025
    Allotment Finalization
  • 18 Sep 2025
    Listing

About Airfloa Rail Technology Ltd.

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. In addition to manufacturing the rolling stock components, we carry out turnkey ... Read more

Parent organisation
Founded
Airfloa Rail Technology Ltd.
1998

Airfloa Rail Technology Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 18,52,000 (28.46%)
Market Makers 3,26,000 (5.01%)
Non Institutional Investors 9,30,000 (14.29%)
Qualified Institutional Buyers (QIBs) 12,35,000 (18.98%)
Retail Individual Investors (RIIs) 21,64,000 (33.26%)

Airfloa Rail Technology Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2025 192.66 Cr 25.77 Cr 91.29 Cr
31 Mar 2024 122.87 Cr 14.23 Cr 50.99 Cr
31 Mar 2023 95.33 Cr 1.49 Cr 36.75 Cr

Airfloa Rail Technology Ltd. Background

Major Events And Milestones
  • 1998
    Incorporation of Company 2003-04
    First Company in India to supply Aluminium with powder coating to railway coaches (Interior products). 2004-05
    Company received first export coach windows order for Angola through Indian railways.
  • 2008
    Our company has started providing its own rail coach design to customers
  • 2010
    Our company started Metro Rail Segment 2014-
  • 2016
    The Company ventured into coach body building 2018-19
    The company bagged orders for prestigious Vande Bharat (T-18) interior & seat components.
  • 2019
    Our company started Aero space segment 2020-21
    Our Company bagged an executed order for complete turnkey interior furnishing of 97 mainline passenger coaches for Srilanka through RITES
  • 2024
    The company changed its name from Airflow Equipments India Private Limited to Airfloa Rail Technology Private Limited. The company also converted into a public limited company, henceforth the name of the company changed to Airfloa Rail Technology Limited.
Airfloa Rail Technology Ltd. Object of Issues

1. Capital expenditure towards purchase of Machinery and equipment
2. Repayment of a portion of certain outstanding borrowing availed by our company
3. Funding of the working capital requirement of our Company
4. General corporate purposes

Airfloa Rail Technology Ltd. IPO Listing Details
Listing Date
18 Sep 2025
BSE Script Code
AIRFLOA
ISIN
INE0XBS01012
Final Issue Price
₹ 140
Airfloa Rail Technology Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 140.00 -
Open ₹ 266.00 -
Low ₹ 266.00 -
High ₹ 279.30 -
Last Trade ₹ 279.30 -
Airfloa Rail Technology Ltd. Company Promoters

1. Mr. Venkatesan Dakshinamoorthy
2. Mr. Manikandan Dakshna moorthy
3. Ms. Nandhini Manikandan
4. Mr. Sathishkumar Venkatesan

Industry Overview

The government of India has focused on investing in railway infrastructure by making investor-friendly policies. It has moved quickly to enable Foreign Direct Investment (FDI) in railways to improve infrastructure for freight and high-speed trains. At present, several domestic and foreign ... Read more

Airfloa Rail Technology Ltd. Contact Details
Address: No 9, Chelliamman, Koilstreet Keelkttala, Chennai (Madras) Tamil Nadu - 600117
Phone no:9600621490
9600621490
|
Airfloa Rail Technology Ltd. IPO Registrar
KFin Technologies Ltd.
Karvy Selenium, Tower B, Plot No. 31 & 31, Gachibowli, Financial District, Nanakramguda, Serilingampally, Hyderabad, Ranga Reddy District Telangana - 500032
67162222
Airfloa Rail Technology Ltd. IPO Lead Manager(s)
GYR CAPITAL ADVISORS PRIVATE LIMITED
428, Gala Empire, Near JB Tower, Drive-In Road, Thaltej, Ahmedabad Gujarat - 380054

FAQs

When does Airfloa Rail Technology Ltd. IPO opens and closes?

Airfloa Rail Technology Ltd. IPO opens from 11th September to 15th September 2025.

What is the size of Airfloa Rail Technology Ltd. IPO?

The size of the Airfloa Rail Technology Ltd. IPO is ₹91.10 Cr.

What is the price range of Airfloa Rail Technology Ltd. IPO?

The price range of Airfloa Rail Technology Ltd. IPO is at ₹133 to ₹140 per share.

What is the minimum investment and lot size required for the Airfloa Rail Technology Ltd. IPO?

The minimum investment required is ₹1,40,000 and minimum lot size is 1000 shares.

When is Airfloa Rail Technology Ltd. IPO listing date?

The Airfloa Rail Technology Ltd. IPO will be listed on 18th September 2025.

What is the objective of Airfloa Rail Technology Ltd. IPO?

1. Capital expenditure towards purchase of Machinery and equipment
2. Repayment of a portion of certain outstanding borrowing availed by our company
3. Funding of the working capital requirement of our Company
4. General corporate purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+