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Airfloa Rail Technology Limited
Issue Size (Net)
up to Rs.91.10 Cr
Price Band
Rs.133 to Rs.140 per share
Issue Opens
September 11, 2025
Issue Closes
September 15, 2025

Company Highlights

1.Company Information

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. 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. They are an ISO 9001:2015, EN 15085-2, and BMS-certified company, signifying their commitment to quality management and railway standards. The company contribute to its appeal by supplying the following key components: Seating Options: Comfortable seats are designed for long, scenic trips, offering optimal viewing angles. Passenger Accessibility: IC doors for smooth and safe movement within the coach. Climate Control: Air diffusers ensure a pleasant environment during travel. Interior Design: Large windows, roof panels, and PAPIS displays, enhancing visibility and the overall travel experience. As of July 31, 2025, the Company’s workforce comprised 281 employees (including those on contract), including the senior management team.

2. Competitive Strength

1) The manufacturing capabilities produce high-quality components, making us a versatile partner for the the railway, aerospace, and defence sectors.
2) As a turnkey railway provider, the company offers seamless end-to-end solutions, simplifying project execution and boosting efficiency.
3) Advanced manufacturing with modern machinery ensures efficiency and precision, making us a trusted partner for quality railway and aerospace components.
4) Led by experienced promoters, the company navigates market dynamics, drives innovation, and fosters strong client relationships in the railway and aerospace sectors.
5) A strong work order book, proven financials, and a scalable model position us for continued growth and meeting rising market demands.

3. Airfloa Rail Technology IPO Registrar
Kfin Technologies Ltd.

Phone:04067162222, 04079611000
Email: airfloa.ipo@kfintech.com
Website:https://ipostatus.kfintech.com

Airfloa Rail Technology Limited Financial Information (Restated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
EBITDA
Net Worth
Reserves and Surplus
Total Borrowing
31-Mar-24
201.99
122.87
14.23
34.58
55.98
50.99
63.8
31-Mar-23
163.89
95.33
1.49
14.68
41.75
36.75
60.22
Amount in Rs. Crore

Airfloa Rail Technology IPO Details

Issue Opening Date September 11, 2025 
Issue Closing Date September 15, 2025
Face Value Rs.10 per share
Price Rs 133 to Rs 140 per share
Lot Size 1,000 Shares
Sale Type Fresh Capital
Issue Size 65,07,000 shares (aggregating up to Rs 91.10 Cr)
Reserved for Market Maker 3,26,000 shares (aggregating up to Rs 4.56 Cr)
Net Offered to Public 61,81,000 shares (aggregating up to Rs 86.53 Cr)
Issue Type Bookbuilding IPO
Listing At BSE SME

Airfloa Rail Technology IPO Timeline (Tentative Schedule)

Event Tentative Date
Opening Date Thu, Sep 11, 2025
Closing Date Mon, Sep 15, 2025
Tentative Allotment Tue, Sep 16, 2025
Initiation of Refunds Wed, Sep 17, 2025
Credit of Shares to Demat Wed, Sep 17, 2025
Listing Date Thu, Sep 18, 2025
Cut-off time for UPI mandate confirmation 5 PM on Mon, Sep 15, 2025

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

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