AIRFLOA RAIL TECHNOLOGY LIMITED

11 Sep 2025 - 15 Sep 2025 Individual Category SME BSE

Min Investment

₹280000

Price Band

₹133-₹140

Issue Size

46.55 lakhs
Equity Shares

Lot Size

1000 (per lot)

IPO Dates
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11 Sep 2025

Open Date

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15 Sep 2025

Close Date

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16 Sep 2025

Allotment Date

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18 Sep 2025

Listing Date

Airfloa Rail Technology IPO open date is September 11, 2025, and the closing date is September 15, 2025. This upcoming IPO is offering entirely fresh issue, aggregating a total issue size of 46.55 lakh equity shares. Airfloa Rail Technology IPO is a book-built issue ipo with an issue price band of Rs 133 – Rs 140 per share. The allotment status for Airfloa Rail Technology's IPO is available as of September 16, 2025. The Airfloa Rail Technology IPO lot size is 1000 shares. The minimum investment for retail investors is Rs 2,80,000. The registrar for Airfloa Rail Technology IPO is Kfin Technologies Ltd. Airfloa Rail Technology IPO listing date is September 18, 2025.

Know Before Investing

Strengths icon

  • End-to-end capability in turnkey rail interiors.
  • Specialized expertise in aluminium and FRP-based interiors.
  • Approved supplier to ICF and key PSUs.

Weaknesses icon

  • Operations remain highly working-capital intensive.
  • Continuous need for technology upgrades to stay competitive.
  • Heavy reliance on tender-driven railway contracts.

About Airfloa Rail Technology Limited

Airfloa Rail Technology Limited, established in 1998, is an industry specialist in designing and manufacturing high-precision components for railway rolling stock, aerospace, and defence sectors. Operating two modern facilities in Chennai and Kancheepuram, Airfloa integrates advanced engineering, machining, assembly, and turnkey interior furnishing capabilities. The company’s portfolio includes doors, seats, windows, lighting systems, and complex aluminium composite structures tailored for projects like Vande Bharat Express, Agra-Kanpur Metro, and international coach exports. Airfloa is ISO and IRIS certified, ensuring quality and technical innovation through its dedicated R&D division. Indian Railways remains a core client, accounting for a substantial share of turnover, and repeat contracts underscore Airfloa’s reliability. With ERP-driven operations and a forward-looking approach to composites and FRP, Airfloa Rail Technology Limited continues to strengthen its presence in both domestic and global markets.

Founded

1998

Managing Director

Venkatesan Dakshinamoorthy

Parent Organization

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IPO Objectives

Airfloa Rail Technology IPO proposes to utilise the Net Proceeds from the Issue towards capital expenditure for the purchase of machinery and equipment, repayment of certain outstanding borrowings, funding working capital requirements, and general corporate purposes.

Company Promoters

Venkatesan Dakshinamoorthy

Manikandan Dakshnamoorthy

Nandhini Manikandan

Sathishkumar Venkatesan.

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

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