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Closed Issues
Airfloa Rail Technology Ltd.
Issue Open Date 11-Sep-25  
Issue Closing Date 15-Sep-25  
Application Money 100  
Allotment Money  
Price Band 133 - 140  
Minimium Application No. 2000  
Issue Size (Shares) 4655000  
Market Lot 1  
Objective
1. Capital expenditure towards purchase of machinery and equipment2. Repayment of a portion of certain outstanding borrowing availed by our company3. Funding working capital requirements4. General corporate purposes
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   1256000   325827000   259.416401273885  
Qualified Institutional Buyers   1235000   265093000   214.65020242915  
Retail Individual Investors   2164000   717330000   331.483364140481  
Business Description
We are engaged in the manufacturing of components which are used in the rolling stock for the Indian Railways through railwayproduction units like Integral Coach Factory (“ICF”), other coach factories. In addition to manufacturing the rolling stockcomponents, we carry out turnkey interior furnishing projects for Indian Railways. In the aerospace and defence sectors, wemanufacture intricate, highly engineered, and vital components. Along with Indian Railways through ICF and other coach factories,we also serve other Rails factories, and global rolling stock OEMs.
Promoter's Holding
Total Share Capital   12991995  
Offered to Public   6507000  
Promoter's Holding (Pre-Issue)   74.4  
Promoter's Holding (Post-Issue)    
Address
No 9 Chelliamman
Koilstreet
Keelkttalai
Chennai,
Tamil Nadu,
600117
Phone : 9600621490
Email : cs@airflow.co.in
Website : https://www.airflow.co.in/
Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
Listed at
BSE
Lead Manager
GYR Capital Advisors Pvt Ltd.
Promoters
Manikandan Dakshna moorthy
Nandhini Manikandan
Sathishkumar Venkatesan
Venkatesan Dakshinamoorthy
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