IPO IPO-Synopsis
Airfloa Rail Technology Ltd

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Registered Office: No 9 Cheliamman Koil Street,Keelkattalai , Chennai - 600117 , Tamil Nadu , India.
Phone : +91 96006 21490   Fax:
Email :  cs@airflow.co.in  
Website :  https://www.airflow.co.in/
Initial public offer of up to 65,07,000 equity shares of face value Rs10/- each (the "Equity Shares") of Airfloa Rail Technology Limited ("the Company" or the "Issuer") for cash at an issue price of Rs140 per equity share (including a securities premium of Rs130 per equity share) ("Issue Price"), aggregating up to Rs91.10 crores (the "Issue") of which 3,26,000 equity shares aggregating to Rs4.56 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 61,81,000 equity shares of face value of Rs10/- each at an issue price of Rs140 per equity share aggregating upto Rs86.53 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.15 % and 25.79 % respectively of the post-issue paid-up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
11-Sep-25 15-Sep-25 Rs140.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :1000

  Rs Cr Lead Managers to the Issue
Project Cost 0.00
GYR Capital Advisors Private Limited
Project Financed through Current Offer 91.10  
Post Issue Equity Share Capital 23.97  
Issue Price Rs140.00  
Projects
Capital expenditure towards purchase of machinery and equipmentFunding working capital requirements
Repayment of a portion of certain outstanding borrowing availed by our companyGeneral corporate purposes
Promoted By
Venkatesan Dakshinamoorthy
Manikandan Dakshna Moorthy
Nandhini Manikandan
Listing At
BSE - SME 
Registrar to the Issue
KFin Techologies Ltd