Live Rate
| Open | |
|---|---|
| High | |
| Low | |
| Prev. Close | |
| Lower circuit | |
| Upper circuit | |
| 52w High | |
| 52w Low | |
| P/E Ratio |
Airfloa Rail Technology Listing Price
| Exchange | Listing Price | Gain/Loss | % |
|---|---|---|---|
| BSE | ₹266.00 | +₹126.00 | +90.00% |
Airfloa Rail Technology Subscription
Last updated on 15-Sep-2025 17:06:04
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 1235000 | 265093000 | 214.65 |
| HNIs | 930000 | 325390000 | 349.88 |
| bHNI | 620000 | 232990000 | 375.79 |
| sHNI | 310000 | 92400000 | 298.06 |
| Individual | 2164000 | 714798000 | 330.31 |
| Total | 4329000 | 1305281000 | 301.52 |
Application-Wise Breakup  | |||
|---|---|---|---|
| Category | Reserved | Applied | Times |
| HNIs (10L+) | 207 | 25324 | 122.34 |
| HNIs (3-10L) | 103 | 27694 | 268.87 |
| Individual | 1082 | 358665 | 331.48 |
| QIB Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹40.3 | @8% ₹46.1 | @9% ₹51.9 | @10% ₹57.6 | @11% ₹63.4 | @12% ₹69.2 |
Airfloa Rail Technology Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| bHNI | 8 | 8000 | 1120000 | 207 |
Airfloa Rail Technology Reservation
| Category | Shares Offered | % |
|---|---|---|
| Anchor | 1852000 | 28.46% |
| QIB | 1235000 | 18.98% |
| HNI | 930000 | 14.29% |
| INDIVIDUAL | 2164000 | 33.26% |
| Market Maker | 326000 | 5.01% |
| Total | 6507000 | 100% |
Airfloa Rail Technology About
Airfloa Rail Technology IPO Details
| Issue Size | 65,07,000 shares (aggregating up to ₹91.10 Cr) |
| Fresh Issue Size | 65,07,000 shares (aggregating up to ₹91.10 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,74,62,954 shares |
| Share Holding Post Issue | 2,39,69,954 shares |
| Market Maker's Portion | 3,26,000 shares (aggregating up to ₹4.56 Cr) |
| Market Maker | Giriraj Stock Broking |
Key Performance Indicators (KPI)
| KPI | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 30.64% | 29.13% | 3.64% |
| ROCE | 26.28% | 26.42% | 11.31% |
| RONW | 23.06% | 25.42% | 3.58% |
| EPS (basic) | 15.63 | 9.50 | 1 |
| P/E Pre IPO | 9.57 | ||
| P/E Post IPO | 13.14 |
Company Financials In Crores
| Period | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|
| Assets | 256.93 | 201.99 | 163.89 | 176.76 |
| Income | 192.66 | 122.87 | 95.33 | 137.63 |
| Profit | 25.55 | 14.23 | 1.49 | 3.43 |
| Net Worth | 110.80 | 55.98 | 41.75 | 40.25 |
| Reserves | 90.97 | 50.99 | 36.75 | 35.26 |
| Borrowing | 59.97 | 63.80 | 60.22 | 70.85 |
Peer Comparision (Valuation)
| Company | P/E (x) | CMP*(₹) | Face value (₹) |
|---|---|---|---|
| Airfloa Rail Technology Limited | - | - | 10 |
| Jupiter Wagons Limited | 37.8 | 343.25 | 10 |
| Titagarh Rail Systems Ltd | 41.94 | 855.1 | 2 |
Peer Comparision (Financial Performance)
| Company | NAV/Share (₹) | RoNW (%) | EPS (Basic) (₹) |
|---|---|---|---|
| Airfloa Rail Technology Limited | 63.81 | 23.06% | 15.63 |
| Jupiter Wagons Limited | 64.88 | 13.81 | 9.08 |
| Titagarh Rail Systems Ltd | 184.4 | 11.07 | 20.39 |
Company Overview
Name: Airfloa Rail Technology Limited
Founded: December 1998
Certifications: ISO 9001:2015, EN 15085-2, BMS
Employees: 255 (including contract & senior management) as of May 2025
Core Business: Manufacturing precision components & turnkey interior furnishing projects for railways (primary focus), aerospace, and defense.
Major Clients: Indian Railways (ICF & other coach factories), Metro projects, and defense agencies.
Key Projects: Vande Bharat Express, Vistadome Coaches, Sri Lankan DEMU, Agra-Kanpur Metro, RRTS, AMCA simulators, artillery tank bodies.
Product Range: Seating systems, integrated coach doors, climate control air diffusers, roof panels, windows, PAPIS (Passenger Information Display Systems).
Strength
Established Track Record & Certifications – Over 25 years of operations with global-standard certifications (ISO, EN 15085-2, BMS), ensuring credibility and compliance.
Diverse Offerings & Turnkey Capabilities – Ability to deliver end-to-end interior solutions, from design to execution, across railways, aerospace, and defense.
Prestigious Project Portfolio – Trusted supplier for flagship projects like Vande Bharat Express and RRTS, enhancing brand positioning and long-term customer confidence.
Weakness
High Dependence on Indian Railways – Majority of revenue depends on Indian Railways’ policies, tenders, and approvals, creating significant concentration risk.
Tender-Based Business Model – No assurance of bid success; intense competition in securing contracts could limit future growth.
Raw Material Price Volatility – Increases in input costs (steel, aluminum, composites) could squeeze margins and impact profitability.
Airfloa Rail Technology Latest Announcements
| Date | Subject | Attachment Text |
|---|
Airfloa Rail Technology Financial Results
Airfloa Rail Technology Lead Manager(s)
Airfloa Rail Technology Address
No 9 Chelliamman
Koilstreet Keelkttala
Chennai, Tamil Nadu, 600117
Phone: +91 9600621490
Email: cs@airflow.co.in
Website: https://www.airflow.co.in/
Airfloa Rail Technology Registrar
Airfloa Rail Technology Reviewers
| Reviewer | Recommendation | File |
|---|