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Open
11 Sep 2025
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Close
15 Sep 2025
3
Allotment
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Listing
Thu, Sep 18, 2025
Price Band
₹133 to ₹140
Issue Size
65,07,000 shares (agg. up to ₹91 Cr)
Lot Size
1,000 Shares
Listing Date
Thu, Sep 18, 2025
Latest GMP
₹175
Est. Gain
125%
✦ AI Insight
GMP Trend
18-09-2025₹175Est. ₹315+125%
17-09-2025₹175Est. ₹315+125%
16-09-2025₹175Est. ₹315+125%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 210.19x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2025 |
|---|---|
| Assets | 256.94 |
| Total Income | 192.66 |
| Profit After Tax | 25.55 |
| EBITDA | 47.41 |
| NET Worth | 110.80 |
| Reserves and Surplus | 93.34 |
| Total Borrowing | 59.98 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Taurian MPS Ltd. | SME | ₹42.53 Cr | ₹171 | 11.29 | ₹220.50 | +28.95% | ₹357.25 (+2.14%) |
| Cryogenic OGS Ltd. | SME | ₹17.77 Cr | ₹47 | 8.06 | ₹93.76 | +99.49% | ₹302.00 (+1.34%) |
| Patil Automation Ltd. | SME | ₹69.61 Cr | ₹120 | 16.43 | ₹162.75 | +35.62% | ₹191.25 (+0.63%) |
| Srigee DLM Ltd. | SME | ₹16.98 Cr | ₹99 | 13.62 | ₹197.50 | +99.49% | ₹81.50 (+0.49%) |
| Readymix Construction Machinery Ltd. | SME | ₹37.66 Cr | ₹123 | 10.46 | ₹116.85 | -5.00% | ₹93.85 (-12.04%) |
| Fabtech Technologies Cleanrooms Ltd. | SME | ₹27.74 Cr | ₹85 | 13.31 | ₹169.57 | +99.49% | ₹385.05 (-4.93%) |
| Aditya Infotech Ltd. | Mainboard | ₹1,300.00 Cr | ₹675 | 21.09 | ₹1,082.65 | +60.39% | ₹3,800.00 (+1.91%) |
| Standard Glass Lining Technology Ltd. | Mainboard | ₹410.05 Cr | ₹140 | 43.04 | ₹163.35 | +16.68% | ₹135.98 (+0.92%) |
| Mamata Machinery Ltd. | Mainboard | ₹179.35 Cr | ₹243 | 15.3 | ₹630.00 | +159.26% | ₹378.40 (+0.04%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital expenditure towards purchase of machinery and equipmen | 13.68 |
| 2 | Repayment of a portion of certain outstanding borrowing availed by the company | 6.00 |
| 3 | Funding working capital requirements of the Company | 59.27 |
| 4 | General Corporate Purposes | 9.90 |
| 5 | Issue Expenses | 2.24 |
| Total | 91.09 |
About Airfloa Rail Technology IPO
Incorporated 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 defense 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. They extend their expertise to the aerospace and defence sectors, manufacturing components for projects like AMCA ground simulators. They are an ISO 9001:2015, EN 15085-2, and BMS-certified company, signifying their commitmen
Contact Details
Airfloa Rail Technology Ltd. AddressNo 9 ChelliammanKoilstreet KeelkttalaChennai, Tamil Nadu, 600117+91 9600621490cs@airflow.co.inVisit Website