Airfloa Rail Technology IPO Subscription Status
Airfloa Rail Technology IPO subscribed over 22.25x on its First day till 05.00 PM on 11th September 2025.
- Airfloa Rail Technology IPO subscription QIB investors’ portion is 0.00x times, while NII subscribed 24.06x times, and RII investors subscribed 34.17x times.
- The company has received bids for 9,63,10,000 shares against 43,29,000 shares on offer on the First day.
- Airfloa Rail Technology IPO subscribed over 9.48x times on day 2.
About the Airfloa Rail Technology IPO
A leading company, Airfloa Rail Technology Limited, was founded in 1998 and started with the mission of manufacturing components for Indian Railways. These parts are made at places like the Integral Coach Factory (ICF) and other coach factories. The company makes train parts and interiors for Indian Railways. It also makes important and complex parts for the aerospace and defence sectors.
Moreover, the company makes train parts and works on interior projects for Sri Lankan trains, mainline Coaches, Agra Kanpur Metro RRTS, Vistadome Coaches, and the Train-18 Vande Bharat Express. The company also has competitive strengths, which are given below. They are considered a versatile partner for the railway, aerospace, and defence sectors as the manufacturing capabilities produce high-quality components. Moreover, the company has a stable work order book, a proven financial and scalable model position for continued growth, and is meeting rising market demands.
Airfloa Rail Technology IPO Company Financial Report
The company reported revenue of ₹192.66 crores in 2025 against ₹122.87 crores in 2024. The company reported a profit of ₹25.56 crores in 2025 against a profit of ₹14.23 crores in 2024.
Airfloa Rail Technology IPO GMP
Airfloa Rail Technology IPO GMP was ₹165 as of Thursday, 11th September. That indicates the IPO is trading at ₹165 with a ₹305 premium in the grey market against the issue price of ₹140.
