Airfloa Rail Technology Ipo
Objects of the Issue
Capital expenditure towards purchase of machinery and equipment
Repayment of a portion of certain outstanding borrowing availed by the company
Funding working capital requirements
General corporate purposes
Airfloa Rail Technology IPO Review
Canara Bank –
DRChoksey FinServ –
Emkay Global –
Hem Securities –
IDBI Capital –
Marwadi Shares –
Nirmal Bang –
SBICAP Securities –
Sharekhan –
SMC Global –
Sushil Finance –
Swastika Investmart –
Ventura Securities –
Geojit –
Reliance Securities –
Capital Market –
BP Wealth –
ICICIdirect –
Choice Broking –
IPO Lead Managers aka Merchant Bankers
GYR Capital Advisors Pvt.Ltd.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,000 | ₹2,80,000 |
| Retail Maximum | 2 | 2,000 | ₹2,80,000 |
| S-HNI Minimum | 3 | 3,000 | ₹4,20,000 |
| S-HNI Maximum | 7 | 7,000 | ₹9,80,000 |
| B-HNI Minimum | 8 | 8,000 | ₹11,20,000 |
| IPO Open Date: | September 11, 2025 |
| IPO Close Date: | September 15, 2025 |
| Basis of Allotment: | September 16, 2025 |
| Refunds: | September 17, 2025 |
| Credit to Demat Account: | September 17, 2025 |
| IPO Listing Date: | September 18, 2025 |
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹137.63 | ₹132.50 | ₹3.43 | ₹176.76 |
| 2023 | ₹95.33 | ₹92.98 | ₹1.49 | ₹163.89 |
| 2024 | ₹122.87 | ₹102.27 | ₹14.23 | ₹201.99 |
| 2025 | ₹192.66 | ₹157.69 | ₹25.56 | ₹255.76 |
| KPI | Values |
| ROE: | 30.64% |
| ROCE: | 26.28% |
| EBITDA Margin: | 24.61% |
| PAT Margin: | 13.28% |
| Debt to equity ratio: | 0.54 |
| Earning Per Share (EPS): | ₹15.63 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 23.06% |
| Net Asset Value (NAV): | ₹63.81 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Jupiter Wagons Limited | 9.08 | 37.80 | 13.81% | 64.88 | 4,007.64 Cr. |
| Titagarh Rail Systems Ltd | 20.39 | 41.94 | 11.07% | 184.40 | 3,943.10 Cr. |
| IPO Open Date: | September 11, 2025 |
| IPO Close Date: | September 15, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹133 to ₹140 Per Share |
| Issue Size: | Approx ₹91.10 Crores |
| Fresh Issue: | Approx ₹91.10 Crores |
| Lot Size: | 1,000 Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |