Airfloa Rail Technology Ltd IPO
Price Range
₹133 - ₹140
-
Min. Quantity
2,000 Shares
Closes on
15 September 2025
-
Min. investment
₹2,80,000
Airfloa Rail Technology Ltd IPO Timeline
| Event | Date |
|---|---|
| Airfloa Rail Technology Ltd IPO Opening Date | 11 September 2025 |
| Airfloa Rail Technology Ltd IPO Closing Date | 15 September 2025 |
| Basis of Allotment | 16 September 2025 |
| Initiation of Refunds | 17 September 2025 |
| Credit of Shares to Demat | 17 September 2025 |
| Airfloa Rail Technology Ltd IPO Listing Date | 18 September 2025 |
Airfloa Rail Technology Ltd IPO Details
| Airfloa Rail Technology Ltd IPO Date | 11 September 2025 to 15 September 2025 |
| Airfloa Rail Technology Ltd IPO Face Value | ₹10 per share |
| Airfloa Rail Technology Ltd IPO Price | ₹133 to ₹140 per share |
| Airfloa Rail Technology Ltd IPO Lot Size | 2,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹91.1 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹91.1 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | BSE - SME |
| QIB Shares Offered | Not more than 12,35,000 of the Net Offer |
| Retail Shares Offered | Not less than 21,64,000 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 12,56,000 of the Net Offer |
| Company Promoters | Venkatesan Dakshinamoorthy, Manikandan Dakshna Moorthy, Nandhini Manikandan |
Airfloa Rail Technology Ltd IPO Lot Size
The Airfloa Rail Technology Ltd IPO lot size is 2,000 shares. A retail-individual investor can apply for up to 0 lots (0 shares or ₹0).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 2,000 | ₹2,80,000 |
| Maximum | - | 0 | ₹0 |
- Strengths
- Risks
- Opportunities
- Experienced Promoters having deep domain knowledge to scale up the business.
- In house manufacturing capabilities.
- Long-standing customer base leading to stability in our business operations.
- Management team having established track record.
- Established track record of successfully completed projects.
- Strong order books.
Company Financials
Airfloa Rail Technology Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 255.76 | 192.66 | 25.56 |
| 03-2024 | 201.99 | 122.87 | 14.23 |
| 03-2023 | 163.89 | 95.33 | 1.49 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- 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 Ltd IPO Promoter Holding
| Pre Issue Share Holding | 37.2% |
| Post Issue Share Holding | 27.1% |
Airfloa Rail Technology Ltd IPO Subscription Status (Bidding Detail)
The Airfloa Rail Technology Ltd IPO is subscribed 281.04 times on 15 September 2025 05:00:00 PM. The public issue subscribed 331.4834 times in the retail category, 214.6502 times in the QIB category, and 259.4164 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 214.6502 | 259.4164 | 331.4834 | - | 281.04 |
Airfloa Rail Technology Ltd IPO Prospectus
Airfloa Rail Technology Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | BSE - SME |
| ISIN | INE0XBS01012 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
No 9 Cheliamman Koil StreetKeelkattalai,Chennai-600117
Phone: +91 96006 21490
Email: cs@airflow.co.in
Website: https://www.airflow.co.in/
Airfloa Rail Technology Ltd IPO Registrar
Airfloa Rail Technology Ltd IPO Lead Manager(s)
- GYR Capital Advisors Private Limited
How to Check the Allotment Status of Airfloa Rail Technology Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Airfloa Rail Technology Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Airfloa Rail Technology Ltd IPO
Airfloa Rail Technology Limited was originally incorporated as Air Flow Equipments (India) Private Limited' a private limited company at Chennai, Tamil Nadu, pursuant to a certificate of incorporation dated December 14, 1998, issued by the Registrar of Companies, Tamil Nadu, Chennai. Thereafter, name of the Company was changed from Air Flow Equipments (India) Private Limited' to Airfloa Rail Technology Private Limited', on August 27, 2024. Thereafter, name of the Company was changed from Airfloa Rail Technology Private Limited' to Airfloa Rail Technology Limited', and a fresh certificate of incorporation to conversion of the company was issued by the Registrar of Companies, Central Processing Centre on November 15, 2024.