Airfloa Rail Technology IPO Last Date, Price, Prospectus PDF

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Airfloa Rail Technology has released IPO and all details of IPO such as last date to apply, price, prospectus PDF and all other details are given below.
Airfloa Rail Technology IPO Details
IPO Open Date | September 11, 2025 |
IPO Close Date | September 15, 2025 |
Face Value | ₹10 Per Equity Share |
IPO Price Band | ₹133 to ₹140 Per Share |
Issue Size | Approx ₹91.10 Crores |
Fresh Issue | Approx ₹91.10 Crores |
Lot Size | 1,000 Shares |
Issue Type | Book Built Issue |
IPO Listing | BSE SME |
Retail Quota | Not more than 35% |
QIB Quota | Not more than 50% |
NII Quota | Not more than 15% |
Download Prospectus PDF | Click Here |
Airfloa Rail Technology IPO Dates and Schedule
IPO Open Date | September 11, 2025 |
IPO Close Date | September 15, 2025 |
Basis of Allotment | September 16, 2025 |
Refunds | September 17, 2025 |
Credit to Demat Account | September 17, 2025 |
IPO Listing Date | September 18, 2025 |
About Airfloa Rail Technology IPO
Airfloa Rail Technology Limited was incorporated in December 1998 and is engaged in manufacturing components for Indian Railways’ rolling stock through production units such as the Integral Coach Factory (ICF) and other coach factories. The company not only makes rolling stock components and interior projects for Indian Railways but also develops complex and crucial parts for aerospace and defence.
Over the years, it has supplied parts and handled interior projects for Sri Lankan DEMU, Mainline Coaches, Agra-Kanpur Metro, RRTS, Vistadome Coaches, and the Train-18 Vande Bharat Express. As a key supplier to Indian Railways, the company produces high-precision components and provides complete turnkey interior furnishings for rolling stock. Its expertise also extends to the aerospace and defence sectors, where it contributes to projects like AMCA ground simulators and artillery tank bodies.
The company takes up turnkey interior furnishing projects for prestigious railway initiatives such as the Vande Bharat Express and the Agra-Kanpur Metro. It holds ISO 9001:2015, EN 15085-2, and BMS certifications, reflecting its commitment to quality management and adherence to global railway standards.
Airfloa Rail Technology supplies a wide range of important components that enhance the travel experience. These include seating options designed for comfort and scenic viewing, IC doors for safe and smooth passenger movement, air diffusers for better climate control, and interior elements such as large windows, roof panels, and PAPIS displays to improve visibility and overall design. As of July 31, 2025, the company had a workforce of 281 employees, including senior management and contract staff.
Its competitive strengths lie in advanced manufacturing capabilities that ensure precision and efficiency, making it a reliable partner for railway, aerospace, and defence sectors. By offering end-to-end turnkey solutions, the company simplifies project execution and enhances efficiency. Guided by experienced promoters, it focuses on innovation, strong client relationships, and financial stability. With a robust order book and scalable business model, Airfloa Rail Technology is well-positioned for future growth and to meet increasing market demands.