Comparison between Airfloa Rail Technology IPO and Watrana Rentals IPO.
Airfloa Rail Technology IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Watrana Rentals IPO is a SME Bookbuilding proposed to list at NSE SME.
| Airfloa Rail Technology IPO | Watrana Rentals IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | GYR Capital Advisors Pvt.Ltd. | Oneview Corporate Advisors Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL |
The total issue size of Airfloa Rail Technology IPO is up to ₹86.53 Cr whereas the issue size of the Watrana Rentals IPO is up to ₹0.00 Cr. The final issue price of Airfloa Rail Technology IPO is ₹140.00 per share and of Watrana Rentals IPO is .
| Airfloa Rail Technology IPO | Watrana Rentals 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) | ₹140.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | |
| Fresh Issue Size | 61,81,000 shares | 36,10,000 shares |
| Fresh Issue Size (Amount) | up to ₹86.53 Cr | up to ₹0.00 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 | 61,81,000 shares | 36,10,000 shares |
| Issue Size Total (Amount) | up to ₹86.53 Cr | up to ₹0.00 Cr |
Airfloa Rail Technology IPO opens on Sep 11, 2025, while Watrana Rentals IPO opens on . The closing date of Airfloa Rail Technology IPO and Watrana Rentals IPO is Sep 15, 2025, and , respectively.
| Airfloa Rail Technology IPO | Watrana Rentals IPO | |
|---|---|---|
| Anchor Bid Date | Sep 10, 2025 | |
| Issue Open | Sep 11, 2025 | |
| Issue Close | Sep 15, 2025 | |
| Basis Of Allotment (Tentative) | Sep 16, 2025 | |
| Initiation of Refunds (Tentative) | Sep 17, 2025 | |
| Credit of Share (Tentative) | Sep 17, 2025 | |
| Listing date (Tentative) | Sep 18, 2025 | |
| Anchor Lockin End date 1 | Oct 16, 2025 | |
| Anchor Lockin End date 2 | Dec 15, 2025 |
Airfloa Rail Technology IPO P/E ratio is 9.57, as compared to Watrana Rentals IPO P/E ratio of .
| Airfloa Rail Technology IPO | Watrana Rentals IPO | ||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | EBITDA | Watrana Rentals Limited Financial Information (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 74.40 | 100 | |||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 54.2 | ||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.57 | ||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹335.58 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 30.64% | 78.69% | |||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 26.28% | 18.06% | |||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.54 | 2.91 | |||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹14.63 | ||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 23.06% | 37.19 | |||||||||||||||||||||||||||||||||||||||||||||
In the Airfloa Rail Technology IPO Retail Individual Investors (RII) are offered 21,64,000 shares while in Watrana Rentals 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 0 shares in Watrana Rentals IPO.
| Airfloa Rail Technology IPO | Watrana Rentals IPO | |
|---|---|---|
| Anchor Investor Reserveration | 18,52,000 shares | 0 shares |
| Market Maker Reserveration | 3,26,000 shares | 0 shares |
| QIB | 12,35,000 shares | 0 shares |
| NII | 9,30,000 shares | 0 shares |
| RII | 21,64,000 shares | 0 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 61,81,000 shares | 0 shares |
Airfloa Rail Technology IPO subscribed 301.52x in total, whereas Watrana Rentals IPO subscribed .
| Airfloa Rail Technology IPO | Watrana Rentals 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 |
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