What’s inside:
This article discusses the upcoming IPO of Airfloa Rail Technology, set to open on September 11, 2025, and details on investor participation.
Next week, on September 11, 2025, Airfloa Rail Technology will launch its IPO. This company makes components for Indian Railways and aims to raise ₹91.10 crores through this public offering.
The IPO will last till September 15, 2025, and the company will issue 65,07,000 new shares. Retail investors must buy at least 2 lots, which means investing around ₹2.8 lakh for 2,000 shares.
Currently, the Grey Market Premium (GMP) is showing strong returns, indicating a good potential for the stock. Each share’s face value is ₹10, and the issue price is expected to be between ₹133 and ₹140.
The allotment of shares is likely to happen on September 16, and the listing on the stock exchange is expected by September 18. Investors are watching closely for these dates.
Airfloa Rail Technology started in December 1998 and produces various parts for railways, including interiors for trains. The funds from the IPO will be used to buy machinery, pay off some debts, and cover general corporate expenses.
Summary:
- Airfloa Rail Technology’s IPO opens on September 11, 2025.
- The company aims to raise ₹91.10 crores by issuing 65,07,000 shares.
- Retail investors need to invest at least ₹2.8 lakh for 2 lots.
- Share allotments are expected on September 16, with listing on September 18.
- Funds will be used for machinery, debt repayment, and corporate expenses.