Airfloa Rail Technology SME IPO Subscription Status
Airfloa Rail Technology SME IPO closed on 15 September 2025 with an overall subscription of 301.52x based on shares applied. QIB demand came in at 214.65x, NII at 350.35x, and retail at 331.48x.
Allotment will be finalised on 16 September 2025. The stock is scheduled to list on NSE and BSE on 18 September 2025.
Issue Price
Rs 140.00
GMP Today
Rs 175.00 (+125.00%)
Overall Subscription
301.52x
Issue Size
₹86.53 Cr
Allotment Date
16 Sept 2025
Listing Date
18 Sept 2025
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?
A subscription of 301.52x by shares means the IPO received bids for 302 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 214.65x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 214.65x, it reflects serious institutional conviction.
NII at 171.03x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 122.34x and sNII at 268.87x by applications. Share subscription was 350.35x. Allotment uses application count, not share volume.
At 331.48x subscription by applications, approximately 1 in 331 retail applicants can expect an allotment (~1% per application). Retail allotment is done by lottery when oversubscribed.
Airfloa Rail Technology SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Application subscription: 331.48x.
- •Allotment odds: about 1 in 331 (~1% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 268.87x.
- •Allotment odds: about 1 in 269 for a minimum-lot application (~1% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 298.42x. Allotment uses application count, not share volume.
BHNI (above Rs 10 lakh)
- •Application subscription: 122.34x.
- •Allotment odds: about 1 in 122 for a minimum-lot application (~1% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 376.32x. Allotment uses application count, not share volume.
Check the Airfloa Rail Technology SME IPO Allotment Status page from 16 September 2025 for your allotment result.
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 Day-wise Subscription
| 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 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
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Airfloa Rail Technology SME IPO GMP Today
Live GMP, listing price estimate, and listing gain
Airfloa Rail Technology SME IPO Allotment Status
Check allotment result on allotment date
Airfloa Rail Technology SME IPO Details
Financials, peers, strengths, and review
All IPO Subscription Status
Subscription for all active IPOs
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 June 2026, 3:17 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. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Airfloa Rail Technology SME IPO NII subscription?
Airfloa Rail Technology SME IPO NII (Non-Institutional Investors) subscription is 171.03x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in Airfloa Rail Technology SME IPO for retail?
At 331.48x subscription by applications, approximately 1 in 331 retail applicants can expect an allotment (~1% per application). Allotment is done by lottery.
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?
Allotment odds in Airfloa Rail Technology SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII proportional allotment at 171.03x by applications means roughly 1 in 171 for minimum-lot bids; bNII at 122.34x (~1 in 122). 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.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.