airfloa rail technology limited IPO
IPO Overview
Airfloa rail technology limited IPO is a SME public issue offered through a Fixed Price issue with a total issue size of ₹— crores. The IPO price band is set at ₹133 to ₹140 per share, and retail investors can apply with a minimum investment of ₹2.80 L as per IPO guidelines.
The Airfloa rail technology limited IPO opens on 11 Sept 2025 and closes on 15 Sept 2025. The IPO allotment is expected to be finalized on 16 Sept 2025, and the equity shares are proposed to be listed on BSE on 18 Sept 2025.
Investors can refer to the Airfloa rail technology limited IPO RHP-DRHP for detailed information. The issue is managed by GYR Capital Advisors Pvt.Ltd. as the book running lead manager, while Kfin Technologies Limited is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About Company
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
Repayment of a portion of certain outstanding borrowing availed by the company
Funding working capital requirements
General corporate purposes