
Airfloa Rail Technology IPO
AIRFLOA
Last updated on 05/11/2026 | 07:00 IST
Airfloa Rail Technology IPO will open on 11 Sep '25 and close on 15 Sep '25, with the IPO allotment date scheduled for 16 Sep '25. The shares are scheduled to list on BSE with a tentative listing date fixed for 18 Sep '25. The price band is set at ₹133 to ₹140 per share with a minimum lot size of 1,000 shares.
Free Demat with Zero AMC*
+ Free 1st Year AMC
Airfloa Rail Technology IPO Dates & Details
Open Date
11 Sep '25
Close Date
15 Sep '25
Allotment Date
16 Sep '25
Refund Date
17 Sep '25
Listing Date
18 Sep '25
Price Range
₹133 - ₹140
Min Investment
₹2,80,000
Lot Size
1,000
Listing at
BSE
IPO Document
Airfloa Rail Technology IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 23,27,500 crores |
| Non-Institutional Investors (NIIs) | 15% | 6,98,250 crores |
| Retail Individual Investors (RIIs) | 35% | 16,29,250 crores |
About Airfloa Rail Technology Ltd IPO
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.
Airfloa Rail Technology IPO Strengths & Weaknesses
No Data Found
No Data Found
Airfloa Rail Technology IPO Issue Details
| Issue Composition: | |
|---|---|
| Face Value | ₹0 per share |
| Total Issue Size | 46,55,000 shares (aggregating up to ₹2,80,000 crores) |
| Fresh Issue | NaN shares (aggregating up to To be announced) |
| Offer for Sale | NaN shares of ₹0 (aggregating up to To be announced) |
| Issue Type | |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | shares |
| Post-Issue Shareholding | 0 shares |
Airfloa Rail Technology IPO Shares
| Minimum Shares | Maximum Shares |
|---|---|
| -- | -- |
The lot size of Airfloa Rail Technology ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Airfloa Rail Technology IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Airfloa Rail Technology Lead Manager(s)
| Book Running Lead Manager(s) |
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