Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Abril Paper Tech IPO vs Airfloa Rail Technology IPO

Comparison between Abril Paper Tech IPO and Airfloa Rail Technology IPO.

IPO Details

Abril Paper Tech IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Airfloa Rail Technology IPO is a SME Bookbuilding proposed to list at BSE SME.

 Abril Paper Tech IPOAirfloa Rail Technology IPO
LogoAbril Paper Tech IPO LogoAirfloa Rail Technology IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtBSE SMEBSE SME
Lead ManagersInteractive Financial Services Ltd.GYR Capital Advisors Pvt.Ltd.
RegistrarKfin Technologies Ltd.Kfin Technologies Ltd.
Market MakerB.N.Rathi Securities Ltd.Giriraj Stock Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL

Issue Size and Price

The total issue size of Abril Paper Tech IPO is up to ₹12.74 Cr whereas the issue size of the Airfloa Rail Technology IPO is up to ₹86.53 Cr. The final issue price of Abril Paper Tech IPO is ₹61.00 per share and of Airfloa Rail Technology IPO is ₹140.00 per share.

 Abril Paper Tech IPOAirfloa Rail Technology IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹133.00 per share
Issue Price (Upper)₹140.00 per share
Issue Price (Final)₹61.00 per share₹140.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size2000 shares1000 shares
Fresh Issue Size20,88,000 shares61,81,000 shares
Fresh Issue Size (Amount)up to ₹12.74 Crup to ₹86.53 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total20,88,000 shares61,81,000 shares
Issue Size Total (Amount)up to ₹12.74 Crup to ₹86.53 Cr

IPO Timetable

Abril Paper Tech IPO opens on Aug 29, 2025, while Airfloa Rail Technology IPO opens on Sep 11, 2025. The closing date of Abril Paper Tech IPO and Airfloa Rail Technology IPO is Sep 02, 2025, and Sep 15, 2025, respectively.

 Abril Paper Tech IPOAirfloa Rail Technology IPO
Anchor Bid DateSep 10, 2025
Issue OpenAug 29, 2025Sep 11, 2025
Issue CloseSep 02, 2025Sep 15, 2025
Basis Of Allotment (Tentative)Sep 03, 2025Sep 16, 2025
Initiation of Refunds (Tentative)Sep 04, 2025Sep 17, 2025
Credit of Share (Tentative)Sep 04, 2025Sep 17, 2025
Listing date (Tentative)Sep 05, 2025Sep 18, 2025
Anchor Lockin End date 1Oct 16, 2025
Anchor Lockin End date 2Dec 15, 2025

Financials & KPIs

Abril Paper Tech IPO P/E ratio is 24.96, as compared to Airfloa Rail Technology IPO P/E ratio of 9.57.

 Abril Paper Tech IPOAirfloa Rail Technology IPO
FinancialsEBITDAEBITDA
Promoter Shareholding (Pre-Issue)85.2074.40
Promoter Shareholding (Post-Issue)61.7154.2
P/E Ratio24.969.57
Market Cap₹48.69 Cr.₹335.58 Cr.
ROE18.03%30.64%
ROCE16.38%26.28%
Debt/Equity0.100.54
EPS₹2.44₹14.63
RoNW13.43%23.06%

Shares Offered

In the Abril Paper Tech IPO Retail Individual Investors (RII) are offered 10,44,000 shares while in Airfloa Rail Technology IPO retail investors are offered 10,44,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Abril Paper Tech IPO and 12,35,000 shares in Airfloa Rail Technology IPO.

 Abril Paper Tech IPOAirfloa Rail Technology IPO
Anchor Investor Reserveration0 shares18,52,000 shares
Market Maker Reserveration1,12,000 shares3,26,000 shares
QIB0 shares12,35,000 shares
NII10,44,000 shares9,30,000 shares
RII10,44,000 shares21,64,000 shares
Employee0 shares0 shares
Others
Total20,88,000 shares61,81,000 shares

Bids Received (Subscription)

Abril Paper Tech IPO subscribed 11.20x in total, whereas Airfloa Rail Technology IPO subscribed 301.52x.

 Abril Paper Tech IPOAirfloa Rail Technology IPO
QIB (times)214.65x
NII (times)5.51x349.88x
Big NII (times)375.79x
Small NII (times)298.06x
RII (times)16.79x330.31x
Employee (times)
Other (times)
Total (times)11.20x301.52x