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Airfloa Rail Technology IPO is a Book Building IPO listing on BSE SME exchange, with an ipo size of ₹ 91.10 Cr. The company is based in Chennai and caters to Railway sector. GYR Capital Advisors is the merchant banker of Airfloa Rail Technology IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th June 2025. Airfloa Rail Technology IPO open date is 11th September 2025 and close date is 15th September 2025. IPO Allotment Date is 16th September 2025 and Listing date is 18th September 2025.
IPO
Size:
₹ 91.10 Cr.
Avg IPO Size (Sector Based)
: ₹
91.10 cr.
Sector: Railway
SME
IPO so far:
1
Merchant Banker:
GYR Capital
SME
IPO by BRLM so far:
50
City:
Chennai
SME
IPO so far:
36
Revenue (annualised):
₹
192.38
cr. 
PE
Ratio:
23.58x
Average Sector PE Ratio: 23.58x
Airfloa Rail Technology IPO size is ₹ 91.10 Cr. with IPO price of ₹ 140.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
| Particulars | Amount |
|---|---|
| Repayment of a portion of certain outstanding borrowing availed by the company | 6 |
| Funding working capital requirements | 59 |
| General corporate purposes | [●] |
GYR Capital Advisors Private Limited is the book-running lead manager of the Airfloa Rail Technology IPO. Kfin Technologies Limited is the Registrar and Market Maker is Giriraj Stock Broking Private Limited for Airfloa Rail Technology IPO.
Airfloa Rail Technology IPO anchor investors are the below investors. The number of anchor investors in this IPO is 8.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in ₹.) | Amount Invested (in ₹.) |
|---|---|---|---|
| LRSD Securities Private | 776,000.00 | ₹ 140.00 | ₹ 108,640,000.00 |
| Inti Capital VCC-Inti | 357,000.00 | ₹ 140.00 | ₹ 49,980,000.00 |
| Necta Bloom VCC- | 185,000.00 | ₹ 140.00 | ₹ 25,900,000.00 |
| Rajasthan Global Securities | 232,000.00 | ₹ 140.00 | ₹ 32,480,000.00 |
| Finavenue Capital trust | 72,000.00 | ₹ 140.00 | ₹ 10,080,000.00 |
| Vikasa India EIF | 86,000.00 | ₹ 140.00 | ₹ 12,040,000.00 |
| SB Opportunities Fund | 72,000.00 | ₹ 140.00 | ₹ 10,080,000.00 |
| HDFC Bank Limited | 72,000.00 | ₹ 140.00 | ₹ 10,080,000.00 |
Airfloa Rail Technology IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Airfloa Rail Technology IPO, based in Chennai, operates in the Railway sector with a focus on Manufactures components for Indian Railways. The company is launching its SME IPO on the BSE SME exchange, using the Book Building Issue method. Airfloa Rail Technology IPO size is ₹ 91.10 Cr. with fresh issue size of ₹ 91 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Airfloa Rail Technology IPO is expected to be 16th September 2025, after the finalization of basis of allotment. Investors can check Airfloa Rail Technology IPO allotment status on the registrars website, Kfin Technologies Limited . Airfloa Rail Technology IPO refund dates are 17th September 2025.
Airfloa Rail Technology IPO is expected to be listed on 18th September 2025.
The upper price band for the Airfloa Rail Technology IPO is set at ₹ 140.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Airfloa Rail Technology IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Airfloa Rail Technology IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 15th September 2025. After submission, funds are blocked until the basis of allotment of Airfloa Rail Technology IPO is finalised.
The merchant banker for Airfloa Rail Technology IPO is GYR Capital Advisors Private Limited . GYR Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Airfloa Rail Technology IPO RHP for further details.
The registrar for Airfloa Rail Technology IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Airfloa Rail Technology IPO through their official website or helpline.
Airfloa Rail Technology IPO was subscribed 301.52 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
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IPO
Size:
₹ 91.10 Cr.
Avg IPO Size (Sector Based)
:
₹ 91.10 Cr.
Sector: Railway
SME
IPO so far:
1
Merchant Banker:
GYR Capital
SME
IPO by BRLM so far:
50
City:
Chennai
SME
IPO so far:
36
Revenue (annualised):
₹ 192.38 cr.
PE
Ratio:
23.58x
Average Sector PE Ratio: 23.58x
Airfloa Rail Technology IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Airfloa Rail Technology Financial Review Page
Merchant Banker(s) of Airfloa Rail Technology IPO: GYR Capital Advisors Private Limited
Airfloa Rail Technology IPO subscription was 301.52 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Airfloa Rail Technology IPO listed at a listing price of 266.00 against the offer price of 140.00.
The current market price of Airfloa Rail Technology is 386.15.
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