Comparison between Abril Paper Tech IPO and Airfloa Rail Technology IPO.
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 IPO | Airfloa Rail Technology IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Interactive Financial Services Ltd. | GYR Capital Advisors Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Kfin Technologies Ltd. |
| Market Maker | B.N.Rathi Securities Ltd. | Giriraj Stock Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
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 IPO | Airfloa 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 Size | 2000 shares | 1000 shares |
| Fresh Issue Size | 20,88,000 shares | 61,81,000 shares |
| Fresh Issue Size (Amount) | up to ₹12.74 Cr | up to ₹86.53 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 20,88,000 shares | 61,81,000 shares |
| Issue Size Total (Amount) | up to ₹12.74 Cr | up to ₹86.53 Cr |
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 IPO | Airfloa Rail Technology IPO | |
|---|---|---|
| Anchor Bid Date | Sep 10, 2025 | |
| Issue Open | Aug 29, 2025 | Sep 11, 2025 |
| Issue Close | Sep 02, 2025 | Sep 15, 2025 |
| Basis Of Allotment (Tentative) | Sep 03, 2025 | Sep 16, 2025 |
| Initiation of Refunds (Tentative) | Sep 04, 2025 | Sep 17, 2025 |
| Credit of Share (Tentative) | Sep 04, 2025 | Sep 17, 2025 |
| Listing date (Tentative) | Sep 05, 2025 | Sep 18, 2025 |
| Anchor Lockin End date 1 | Oct 15, 2025 | |
| Anchor Lockin End date 2 | Dec 15, 2025 |
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 IPO | Airfloa Rail Technology IPO | ||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)Abril Paper Tech Ltd.'s revenue increased by 142% and profit after tax (PAT) rose by 52% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 85.2 | 74.4 | |||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 61.71 | 54.2 | |||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 24.96 | 9.57 | |||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹48.69 Cr. | ₹335.58 Cr. | |||||||||||||||||||||||||||||||||||||||||||||
| ROE | 18.03% | 30.64% | |||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 16.38% | 26.28% | |||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.10 | 0.54 | |||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.44 | ₹14.63 | |||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 13.43% | 23.06% | |||||||||||||||||||||||||||||||||||||||||||||
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 IPO | Airfloa Rail Technology IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 18,52,000 shares |
| Market Maker Reservation | 1,12,000 shares | 3,26,000 shares |
| QIB | 0 shares | 12,35,000 shares |
| NII | 10,44,000 shares | 9,30,000 shares |
| RII | 10,44,000 shares | 21,64,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 20,88,000 shares | 61,81,000 shares |
Abril Paper Tech IPO subscribed 11.20x in total, whereas Airfloa Rail Technology IPO subscribed 301.52x.
| Abril Paper Tech IPO | Airfloa Rail Technology IPO | |
|---|---|---|
| QIB (times) | 214.65x | |
| NII (times) | 5.51x | 349.88x |
| Big NII (times) | 375.79x | |
| Small NII (times) | 298.06x | |
| RII (times) | 16.79x | 330.31x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 11.20x | 301.52x |
