BharatRohan Airborne Innovations IPO - AstroIPO

BharatRohan Airborne IPO


October 1, 2025 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

BharatRohan Airborne Innovations Ltd. is preparing for its agricultural sector debut through innovative market positioning. The BharatRohan Airborne IPO, opening from September 23rd to September 25th, 2025, presents a ₹45.04 crore public issue of 52,99,200 shares priced between ₹80 – ₹85 per share.

Investors can participate with a minimum application of 3,200 shares, requiring ₹2,72,000 investment at the cut-off price. The BharatRohan Airborne IPO shares, carrying ₹10 face value, will be listed on BSE, introducing this agricultural technology specialist to the public markets through specialized sector representation.

BharatRohan Airborne IPO Details

The key details of BharatRohan Airborne Innovations’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.

IPO Size ₹45.04 Cr
Price Range ₹80 - ₹85
Retail Quota 35%
QIB Quota 50%
NII Quota 15%
Employee Discount --
Listing at BSE
Minimum Quantity 3,200
Investment (cut-off price) ₹2,72,000
Pre IPO Promotor Holding 54.86%
Post IPO Promotor Holding 40.27%
DHRP Draft Click Here
RHP Draft Click Here
Anchor Investors List Click Here

BharatRohan Airborne IPO Timelines

The IPO process for BharatRohan Airborne Innovations includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.

23/09/2025
Start Date
25/09/2025
End Date
26/09/2025
Allotment Date View Status
29/09/2025
Refund Initiation
29/09/2025
Credit of Shares to Demat Ac
30/09/2025
Listing Date

BharatRohan Airborne IPO Lot Size

The BharatRohan Airborne Innovations IPO has a fixed lot size of 1,600 shares, at an upper price band of ₹85 per share. For retail investors, the minimum and maximum application is 3,200 shares (2 lots) amounting to ₹2,72,000. For Small HNI (S-HNI) investors, the minimum application is 4,800 shares (3 lots) worth ₹4,08,000, while the maximum is 11,200 shares (7 lots) amounting to ₹9,52,000. Big HNI (B-HNI) investors need to apply for at least 12,800 shares (8 lots), totaling ₹10,88,000.

Application Lot Size Shares Amount
Retail Minimum 2 3200 ₹2,72,000
Retail Maximum 2 3200 ₹2,72,000
S-HNI Minimum 3 4800 ₹4,08,000
S-HNI Maximum 7 11200 ₹9,52,000
B-HNI Minimum 8 12800 ₹10,88,000

BharatRohan Airborne IPO Subscription Status

The subscription status for BharatRohan Airborne Innovations IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.

QIB NII Retail EMP Total
8.33x 16.00x 8.50x -- 10.07x

IPO Performance on Listing Day

On the listing day (September 30, 2025), BharatRohan Airborne Innovations made a positive debut on the stock exchange. The stock opened at ₹90, securing a premium of 5.9% over its issue price of ₹85. The drone technology company gained further momentum during the trading session, reaching a day high of ₹94.50, while finding solid support at the opening price level. The shares concluded their first trading day at ₹91.99, delivering a solid gain of 8.2% over the issue price, reflecting positive investor confidence in the emerging drone and airborne technology sector and strong market appetite for innovative aviation solutions providers.

Opening Price Closing Price Day High Day Low
₹90.00 ₹91.99 ₹94.50 ₹90.00

BharatRohan Airborne IPO Company Financials

BharatRohan Airborne Innovations reports robust performance in FY2025 with Total Income of ₹28.23 crores, managing expenses at ₹21.02 crores, and achieving a strong PAT (Profit After Tax) of ₹7.59 crores, demonstrating significant growth potential ahead of its public offering.

Year Total Income Total Expense PAT
FY 2023 ₹6.53 ₹4.82 ₹1.81
FY 2024 ₹18.98 ₹12.40 ₹6.90
FY 2025 ₹28.23 ₹21.02 ₹7.59

About Company

Incorporated in June 2016, BharatRohan Airborne Innovations Limited is an agritech solutions provider specializing in drone and unmanned aerial vehicle platforms along with Hyperspectral Imaging technology. The company focuses on offering advanced agricultural solutions that support farmers through improved crop monitoring and production advice. By leveraging its expertise in imaging technologies, BharatRohan helps optimize farming practices through a Decision Support System that guides integrated crop management and enhances productivity.

The company offers a range of services including crop monitoring and the sale of branded agricultural inputs. These services are designed to address challenges across the agricultural value chain, from input selection to output optimization. As of June 30, 2025, BharatRohan employed a total of 39 permanent staff and 20 fixed term employees, reflecting its growing presence in the agritech sector.

Incorporation Date Sector Managing Director
2016 Agricultural Amandeep Panwar

Know Before Investing

When evaluating BharatRohan Airborne Innovations's IPO potential, understanding both its market advantages and inherent risks becomes crucial for your investment. Below are the key insights you should consider.

BharatRohan Airborne IPO Strengths

  • Revenue rose from ₹6.53 crore in FY23 to ₹28.23 crore in FY25, reflecting strong business scaling over a short span.
  • Uses advanced drone and hyperspectral imaging (HSI) technology for precision agriculture, positioning it as a technology leader in the sector.
  • The company is building traction with crop monitoring, integrated crop management guidance, and branded agri-input sales, offering a diversified revenue mix.
  • Despite some working capital intensity, company shows steady management of receivables and inventories relative to revenue scale.
  • Positioned in a high-growth agritech sector leveraging increasing adoption of precision farming technologies and data-driven agriculture.

BharatRohan Airborne IPO Risks

  • The company has significant amounts tied up in trade receivables and inventory compared to its monthly revenue, indicating intensive capital lock-in and potential liquidity constraints.
  • The business model relies heavily on the adoption of drone and hyperspectral imaging technology by farmers and agribusinesses, which may grow slower than anticipated.
  • Operates in the relatively new and evolving agritech sector with risks related to technology acceptance, pricing, and competitive innovation.
  • Rapid growth may expose the company to risks involving scaling operations, managing field staff, and delivering consistent service quality.
  • Must comply with evolving drone usage regulations, privacy laws, and agriculture-related guidelines, which can impose compliance costs or operational restrictions.
  • Currently limited geographic and client diversification may impact revenue stability if market conditions shift in core regions.

Swot Analysis for BharatRohan Airborne IPO

Understanding BharatRohan Airborne Innovations's SWOT analysis is your first step towards making a confident investment decision. Let's evaluate its core strengths and potential challenges ahead.

Strengths

Innovative Agritech Solutions, Strong Growth Trajectory, Social and Environmental Impact

Weaknesses

Working Capital Intensity, Geographical Concentration, Dependency on Funding

Opportunities

Large Addressable Market, Government Support, Climate Finance and ESG Funds

Threats

Technology Acceptance, Data Security Concerns, Climatic Risks

Company Details

BharatRohan Airborne Innovations Ltd.

Fourth Floor B-117, DDA Sheds, Okhla Industrial Area Phase – I, South Delhi, New Delhi110020, India

Phone: +91 9266109913

Email: investors@bharatrohan.in

Website: https://bharatrohan.in/

IPO Registar Details

Kfin Technologies Ltd.

Phone: 04067162222, 04079611000

Email: bharatrohan.ipo@kfintech.com

Website: https://ipostatus.kfintech.com/

FAQs

The key objectives of BharatRohan Airborne SME IPO are:

  • Funding of Capital Expenditure requirements for purchase of new Equipment by the Company
  • Purchase of Commercial Vehicle
  • Funding Working Capital Requirement of the Company;
  • General Corporate Purpose

Smart Horizon Capital Advisors Pvt. Ltd. is the book-running lead managers for the BharatRohan Airborne IPO.

BharatRohan Airborne IPO highlights strong growth potential with revenue increasing from ₹6.53 crore in FY23 to ₹28.23 crore in FY25 while serving over 12,700 farmers. Expansion into global markets and rising adoption of agri tech strengthen scalability though efficient working capital management will be crucial.

The issue price for the BharatRohan Airborne IPO is set between ₹80 to ₹85 per share.

To invest in two lot of BharatRohan Airborne IPO, you need ₹2,56,000 at the lower price band (₹80 per share) or ₹2,72,000 at the upper price band (₹85 per share) for a lot size of 3200 shares.

BharatRohan Airborne IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on September 30, 2025.

Refund/unblocking of funds for BharatRohan Airborne IPO will begin on September 29, 2025. ASBA/UPI blocks will be removed within 1 working day.

You can sell shares your BharatRohan Airborne IPO shares on listing day (September 30, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.

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