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Airfloa Rail Technology IPO GMP Today: Its grey market premium stands at a whopping 125%, indicating a blockbuster listing gain for investors.
Airfloa Rail Technology IPO GMP Today.
Airfloa Rail Technology IPO GMP Today: The initial public offering of Airfloa Rail Technology Ltd has been closed today. On the final day of bidding on Monday, the Rs 91.1-crore issue received a 296.73x subscription, garnering bids for 1,28,45,39,000 shares as against the 43,29,000 shares on offer. The retail and NII participation stood at 321.36x and 348.42x, respectively. The QIB category was subscribed by 214.64x.
The IPO’s grey market premium stood at a whopping 125%, indicating a blockbuster listing gain for investors.
The Airfloa Rail Technology IPO was opened on September 11.
Airfloa Rail Technology IPO Price And Lot Size
The price of the IPO was fixed in the range of Rs 133 to Rs 140 per share.
For investors, the minimum lot size for the IPO is 2,000. It means investors will have to apply for a minimum of 2,000 shares or in multiple thereof. So, retail investors require a minimum capital of Rs 2,80,000 to apply for the IPO.
Airfloa Rail Technology IPO: Allotment Date & Listing Date
The IPO allotment will likely be finalised on September 16, while the company is expected to be listed on both BSE and NSE on September 18.
Airfloa Rail Technology IPO GMP Today
According to market observers, unlisted shares of Airfloa Rail Technology Ltd are currently trading at Rs 315 against the upper IPO price of Rs 140. It means a grey market premium or GMP of Rs 175, which is 125% over its issue price, indicating blockbuster listing gains for investors.
The GMP is based on market sentiments and keeps changing. ‘Grey market premium’ indicates investors’ readiness to pay more than the issue price.
Airfloa Rail Technology IPO: More Details
The Airfloa Rail Technology IPO, which is a book build issue of Rs 91.10 crore, is entirely a fresh issue of 0.65 crore shares of Rs 91.10 crore.
Airfloa Rail Technology Ltd, which was incorporated in December 1998, manufactures components for Indian Railways’ rolling stock through production units like the Integral Coach Factory (ICF) and other coach factories. The company manufactures rolling stock components and interior projects for Indian Railways and produces complex, crucial parts for aerospace and defence.
GYR Capital Advisors Pvt Ltd is the book running lead manager and Kfin Technologies Ltd is the registrar of the issue. The market maker of the company is Giriraj Stock Broking Pvt Ltd.
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More
September 15, 2025, 16:06 IST
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