airfloa rail technology limited

airfloa rail technology limited

AIRFLOA • ISIN: INE0XBS01012

BSE
SME

Listing Price: ₹266

+90.00% Gain
About Company

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 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.

Competitive Strength

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

Investment Objective

Capital expenditure towards purchase of machinery and equipmen

Repayment of a portion of certain outstanding borrowing availed by the company

Funding working capital requirements

General corporate purposes

₹133 to ₹140

Price Band

1.40 L

Min Investment

1000 shares

Lot Size

13.14x

P/E Ratio

Important Dates

Issue Opens

11 Sept 2025

Issue Closes

15 Sept 2025

Allotment

16 Sept 2025

Listing

18 Sept 2025

Subscription Status
QII

Qualified Institutional Investors

214.65x

265,093,000 / 1,235,000 shares

HNI (>₹10L)

High Networth Individuals (Above ₹10 Lakhs)

376.32x

233,316,000 / 620,000 shares

NII (<₹10L)

Non-Institutional Investors (Below ₹10 Lakhs)

298.06x

92,400,000 / 310,000 shares

Retail

Retail Individual Investors

330.31x

714,798,000 / 2,164,000 shares

Financial Performance
Offer Documents
RHP
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DHRP
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Issue Details
Issue TypeFP
Face Value₹10
Lead ManagersGYR Capital Advisors Pvt.Ltd.
Min Quantity2,000
Max Quantity3,571
Company Promoters
Mr. Venkatesan Dakshinamoorthy
Mr. Manik
an Dakshnamoorthy
+4 more
Website

https://www.airflow.co.in/

Email

cs@airflow.co.in

Phone+91 9600621490
Address

Airfloa Rail Technology Ltd.
No 9 Chelliamman
Koilstreet Keelkttala
Chennai, Tamil Nadu, 600117