Airfloa Rail Technology SME IPO Subscription
ListedUpdated 18 September 2025, 9:15 AM IST· BSE SME
Airfloa Rail Technology SME IPO subscription closed on 15 September 2025 at 301.52x overall by shares. QIB demand came in at 214.65x, NII at 350.35x, and retail at 331.48x. See Retail, SHNI, and BHNI allotment chances…
Airfloa Rail Technology SME IPO subscription closed on 15 September 2025 at 301.52x overall by shares. QIB demand came in at 214.65x, NII at 350.35x, and retail at 331.48x. See Retail, SHNI, and BHNI allotment chances in the table below.
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Allotment date is 16 September 2025. Listing date on NSE and BSE is 18 September 2025.
Airfloa Rail Technology SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 11 Sept 2025 | 0.00x | 24.06x | 34.17x | 22.25x |
| Day 2 - 12 Sept 2025 | 0.72x | 76.40x | 97.43x | 65.32x |
| Day 3 - 15 Sept 2025 | 214.65x | 349.88x | 330.31x | 301.52x |
Airfloa Rail Technology SME IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Airfloa Rail Technology SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 331.48x | 1 in 331 |
| SHNI (Rs 2L to Rs 10L) | 268.87x | 1 in 269 |
| BHNI (above Rs 10L) | 122.34x | 1 in 122 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Airfloa Rail Technology SME IPO Allotment Status page from 16 September 2025 for your result.
Airfloa Rail Technology SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 140.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 17.29 Cr | Rs 3,711.30 Cr | 214.65x |
| FII | - | Rs 1,197.28 Cr | - |
| DFI | - | Rs 452.70 Cr | - |
| Mutual Funds | - | Rs 12.68 Cr | - |
| Other | - | Rs 2,048.63 Cr | - |
| NII | Rs 13.02 Cr | Rs 4,561.58 Cr | 350.35x |
| bNII (above Rs 10L) | Rs 8.68 Cr | Rs 3,266.42 Cr | 376.32x |
| Corporate | - | Rs 84.15 Cr | - |
| Individual | - | Rs 3,144.01 Cr | - |
| Other | - | Rs 38.26 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 4.34 Cr | Rs 1,295.15 Cr | 298.42x |
| Corporate | - | Rs 11.72 Cr | - |
| Individual | - | Rs 1,275.12 Cr | - |
| Other | - | Rs 8.32 Cr | - |
| IND | Rs 30.30 Cr | Rs 10,042.62 Cr | 331.48x |
| Fixed price | - | Rs 10,042.62 Cr | - |
| Total | Rs 60.61 Cr | Rs 18,315.50 Cr | 302.21x |
Airfloa Rail Technology SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 1,235 | 195 | 0.16x |
| FII | - | 48 | - |
| DFI | - | 11 | - |
| Mutual Funds | - | 4 | - |
| Other | - | 132 | - |
| NII | 310 | 53,018 | 171.03x |
| bNII (above Rs 10L) | 207 | 25,324 | 122.34x |
| Corporate | - | 396 | - |
| Individual | - | 24,742 | - |
| Other | - | 186 | - |
| sNII (Rs 2L to Rs 10L) | 103 | 27,694 | 268.87x |
| Corporate | - | 253 | - |
| Individual | - | 27,263 | - |
| Other | - | 178 | - |
| IND | 1,082 | 3,58,665 | 331.48x |
| Fixed price | - | 3,58,665 | - |
| Total | 2,627 | 4,11,878 | 156.79x |
What Do These Subscription Numbers Mean?
301.52x overall by shares means bids covered about 302 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 214.65x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (171.03x by applications). Split: SHNI 268.87x, BHNI 122.34x by applications. SHNI and BHNI allotment is by lottery.
At 331.48x subscription by applications, about 1 in 331 retail applicants may get allotment (~1% chance per application). Retail allotment is also by lottery.
Airfloa Rail Technology SME IPO GMP After Subscription
GMP for Airfloa Rail Technology SME stands at Rs 175.00 today, giving an estimated listing price of Rs 315.00 per share.
The GMP has moved up from Rs 150.00 on 4 Sept 2025 to Rs 175.00 on 16 Sept 2025.
A subscription of 301.52x combined with a GMP of 125.00% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Airfloa Rail Technology SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Airfloa Rail Technology SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 11 September 2025 |
| IPO Close Date | 15 September 2025 |
| Allotment Date | 16 September 2025 |
| Refund Initiation | 17 September 2025 |
| Share Credit to Demat | 17 September 2025 |
| Listing Date | 18 September 2025 |
| Minimum Investment | Rs 2,80,000.00 |
| Lot Size | 1000 shares |
About Airfloa Rail Technology SME
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Airfloa Rail Technology SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Airfloa Rail Technology SME Details
Issue size, price, financials, and company info
Airfloa Rail Technology SME GMP
Live grey market premium and listing estimate
Airfloa Rail Technology SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Airfloa Rail Technology SME Allotment
Allotment date, chances, and check by PAN
Airfloa Rail Technology SME Review
SWOT, strengths, risks, and IPO review
Airfloa Rail Technology SME FAQ
Common questions on dates, GMP, and allotment
Airfloa Rail Technology SME Registrar
Registrar website and how to check allotment
Airfloa Rail Technology SME Timeline
Open, close, allotment, and listing dates
Airfloa Rail Technology SME News
Updates, blogs, and latest IPO news
Airfloa Rail Technology SME IPO Subscription FAQs
What is Airfloa Rail Technology SME IPO subscription status today?
Airfloa Rail Technology SME IPO subscription closed on 15 September 2025 with overall subscription of 301.52x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 214.65x, NII 171.03x, IND 331.48x.
What is the overall subscription of Airfloa Rail Technology SME IPO?
Airfloa Rail Technology SME IPO is subscribed 301.52x overall by shares at close on 15 September 2025. QIB 214.65x, NII 171.03x, and IND 331.48x.
What is Airfloa Rail Technology SME IPO QIB subscription?
Airfloa Rail Technology SME IPO QIB (Qualified Institutional Buyers) subscription is 214.65x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Airfloa Rail Technology SME IPO IND subscription?
Airfloa Rail Technology SME IPO IND subscription is 331.48x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Airfloa Rail Technology SME IPO NII, SHNI, and BHNI subscription?
Airfloa Rail Technology SME IPO NII subscription is 171.03x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 268.87x and BHNI (above Rs 10L) at 122.34x.
What are Airfloa Rail Technology SME IPO retail allotment chances?
At 331.48x subscription by applications, about 1 in 331 retail applicants may get allotment (~1% chance per application). Allotment is by lottery.
What are Airfloa Rail Technology SME IPO SHNI allotment chances?
At 268.87x subscription by applications, about 1 in 269 SHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 298.42x. Allotment chances use applications, not share volume.
What are Airfloa Rail Technology SME IPO BHNI allotment chances?
At 122.34x subscription by applications, about 1 in 122 BHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 376.32x. Allotment chances use applications, not share volume.
When is Airfloa Rail Technology SME IPO allotment date?
Airfloa Rail Technology SME IPO allotment date is 16 September 2025. Check Airfloa Rail Technology SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Airfloa Rail Technology SME IPO subscription close?
Airfloa Rail Technology SME IPO subscription closed on 15 September 2025. No new applications are accepted after the close.
What is Airfloa Rail Technology SME IPO GMP today?
Airfloa Rail Technology SME IPO GMP is ₹175 today (+125.00% over issue price ₹140). See live GMP on the Airfloa Rail Technology SME IPO GMP Today page.
What is Airfloa Rail Technology SME IPO issue price and lot size?
Airfloa Rail Technology SME IPO issue price is ₹140 per share. Lot size is 1000 shares. Minimum investment is ₹2,80,000 per lot (minimum 2 lots for SME). Issue size: ₹86.53 Cr.
When is Airfloa Rail Technology SME IPO listing date?
Airfloa Rail Technology SME IPO listing date is 18 September 2025 on NSE and BSE. Allotment is on 16 September 2025.
How does subscription affect Airfloa Rail Technology SME IPO allotment?
In Airfloa Rail Technology SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 301.52x overall, competition is very high.
For allotment results from 16 September 2025, visit the Airfloa Rail Technology SME IPO Allotment Status page. For listing day updates on 18 September 2025, download the IPOwiz App.
Sources
We match Airfloa Rail Technology SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.