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Airfloa Rail Technology IPO vs JD Cables IPO

Comparison between Airfloa Rail Technology IPO and JD Cables IPO.

IPO Details

Airfloa Rail Technology IPO is a SME Bookbuilding IPO proposed to list at BSE SME while JD Cables IPO is a SME Bookbuilding proposed to list at BSE SME.

 Airfloa Rail Technology IPOJD Cables IPO
LogoAirfloa Rail Technology IPO LogoJD Cables IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMEBSE SME
Lead ManagersGYR Capital Advisors Pvt.Ltd.GYR Capital Advisors Pvt.Ltd.
RegistrarKfin Technologies Ltd.MUFG Intime India Pvt.Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.Giriraj Stock Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of Airfloa Rail Technology IPO is up to ₹86.53 Cr whereas the issue size of the JD Cables IPO is up to ₹91.19 Cr. The final issue price of Airfloa Rail Technology IPO is ₹140.00 per share and of JD Cables IPO is .

 Airfloa Rail Technology IPOJD Cables IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹133.00 per share₹144.00 per share
Issue Price (Upper)₹140.00 per share₹152.00 per share
Issue Price (Final)₹140.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1000 shares800 shares
Fresh Issue Size61,81,000 shares52,37,600 shares
Fresh Issue Size (Amount)up to ₹86.53 Crup to ₹79.61 Cr
OFS Issue Size0 shares7,61,600 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹11.58 Cr
Issue Size Total61,81,000 shares59,99,200 shares
Issue Size Total (Amount)up to ₹86.53 Crup to ₹91.19 Cr

IPO Timetable

Airfloa Rail Technology IPO opens on Sep 11, 2025, while JD Cables IPO opens on Sep 18, 2025. The closing date of Airfloa Rail Technology IPO and JD Cables IPO is Sep 15, 2025, and Sep 22, 2025, respectively.

 Airfloa Rail Technology IPOJD Cables IPO
Anchor Bid DateSep 10, 2025Sep 17, 2025
Issue OpenSep 11, 2025Sep 18, 2025
Issue CloseSep 15, 2025Sep 22, 2025
Basis Of Allotment (Tentative)Sep 16, 2025Sep 23, 2025
Initiation of Refunds (Tentative)Sep 17, 2025Sep 24, 2025
Credit of Share (Tentative)Sep 17, 2025Sep 24, 2025
Listing date (Tentative)Sep 18, 2025Sep 25, 2025
Anchor Lockin End date 1Oct 16, 2025Oct 23, 2025
Anchor Lockin End date 2Dec 15, 2025Dec 22, 2025

Financials & KPIs

Airfloa Rail Technology IPO P/E ratio is 9.57, as compared to JD Cables IPO P/E ratio of 11.66.

 Airfloa Rail Technology IPOJD Cables IPO
FinancialsEBITDAAssets
Promoter Shareholding (Pre-Issue)74.4097.35
Promoter Shareholding (Post-Issue)54.270.01
P/E Ratio9.5711.66
Market Cap₹335.58 Cr.₹342.78 Cr.
ROE30.64%117.17%
ROCE26.28%43.64%
Debt/Equity0.541.53
EPS₹14.63₹13.03
RoNW23.06%73.89%

Shares Offered

In the Airfloa Rail Technology IPO Retail Individual Investors (RII) are offered 21,64,000 shares while in JD Cables IPO retail investors are offered 21,64,000 shares. Qualified Institutional Buyers (QIB) are offered 12,35,000 shares in Airfloa Rail Technology IPO and 11,97,600 shares in JD Cables IPO.

 Airfloa Rail Technology IPOJD Cables IPO
Anchor Investor Reserveration18,52,000 shares17,80,000 shares
Market Maker Reserveration3,26,000 shares3,16,000 shares
QIB12,35,000 shares11,97,600 shares
NII9,30,000 shares9,10,400 shares
RII21,64,000 shares21,11,200 shares
Employee0 shares0 shares
Others
Total61,81,000 shares59,99,200 shares

Bids Received (Subscription)

Airfloa Rail Technology IPO subscribed 301.52x in total, whereas JD Cables IPO subscribed .

 Airfloa Rail Technology IPOJD Cables IPO
QIB (times)214.65x
NII (times)349.88x
Big NII (times)375.79x
Small NII (times)298.06x
RII (times)330.31x
Employee (times)
Other (times)
Total (times)301.52x