Airfloa Rail Technology IPO is set to open on September 11, 2025, and close on September 15, 2025, with a fixed price band of ₹133 to ₹140 per share. Airfloa Rail Technology IPO features a Chennai-based company specializing in high-precision forged and machined components and turnkey interior projects for the Indian Railways and metro sectors. Founded in 1998, Airfloa Rail Technology has become a strategic provider for domestic and international rail clients and boasts two advanced manufacturing facilities.
₹126
₹140
₹266.00
Expert Opinions
Market sentiment for Airfloa Rail Technology IPO is optimistic, backed by the company’s strong financial growth and solid order book across the rail, aerospace, and defense sectors. The company’s strengths include over 25 years of expertise, two advanced manufacturing units, diversified clientele, and high-quality, precision-engineered products that meet demanding industry standards. Risks and challenges primarily stem from dependency on government and infrastructure projects, raw material price fluctuations, and competitive pressures in a niche market.
Valuation analysis of the financial year 2025 reveals that the Airfloa Rail Technology IPO stands on robust fundamentals with a Return on Equity (ROE) of 30.64%, Return on Capital Employed (ROCE) of 26.28%, and a Net Asset Value (NAV) of ₹63.81, indicating efficient asset utilization and profitability. Considering its growth trajectory and market positioning, the IPO presents a strong long-term investment avenue in India’s expanding transportation infrastructure space.
Investor Considerations
Airfloa Rail Technology IPO demonstrates strong company performance and robust fundamentals, with revenue increasing to ₹192.66 crores in FY 2025 and profit after tax growing to ₹25.55 crores. The sector outlook for railway and transportation infrastructure is promising due to ongoing modernization and government investments. The Airfloa Rail Technology IPO valuation for FY 2025 reveals a Price to Book Value of 3.75, a PAT Margin of 13.28%, and a Debt-to-Equity ratio of 0.54, indicating solid profitability and balanced leverage.
Growth prospects appear favorable, backed by a strong order book and capacity expansion plans. However, risks include dependency on Indian Railways, raw material cost fluctuations, and working capital intensity. Investors with a long-term horizon may benefit from sustained industry growth, while short-term investors should consider sector volatility.
| Date | GMP | Trend |
|---|---|---|
| 17 Sep 2025 15.26 | ₹126 | --- |
| 16 Sep 2025 11.38 | ₹126 | --- |
| 15 Sep 2025 11.31 | ₹126 | --- |
| 12 Sep 2025 10.52 | ₹126 | --- |
| 11 Sep 2025 11.07 | ₹126 | --- |
| 10 Sep 2025 13.33 | ₹126 | --- |
| 09 Sep 2025 11.25 | ₹126 | --- |
| 07 Sep 2025 13.24 | ₹126 | --- |
| 06 Sep 2025 11.39 | ₹126 | --- |
FAQs
The Grey Market Premium showed good accuracy in predicting Airfloa Rail Technology IPO’s listing performance. With a final GMP of ₹126, it projected a premium of about 90% over the issue price of ₹140, suggesting a listing around ₹266. The stock indeed listed at ₹266, delivering a gain of 90%. This resulted in virtually no prediction error (0%), where the GMP correctly signaled a strong positive listing and perfectly aligned with the actual gain, reflecting excellent reliability in this case.
Airfloa Rail Technology IPO Current GMP is ₹126.
Airfloa Rail Technology IPO Expected Returns is 90.00%.
Airfloa Rail Technology IPO estimated listing price is ₹266.