Airfloa Rail Technology Share Price

Airfloa Rail Technology Limited was originally incorporated as Air Flow Equipments (India) Private Limited a private limited company at Chennai, Tamil Nadu, pursuant to a certificate of incorporation dated December 14, 1998, issued by the Registrar of Companies, Tamil Nadu, Chennai. Thereafter, name of the Company was changed from Air Flow Equipments (India) Private Limited to Airfloa Rail Technology Private Limited, on August 27, 2024. Thereafter, name of the Company was changed from Airfloa Rail Technology Private Limited to Airfloa Rail Technology Limited, and a fresh certificate of incorporation to conversion of the company was issued by the Registrar of Companies, Central Processing Centre on November 15, 2024.The Company is engaged in the manufacturing of components which are used in the rolling stock for the Indian Railways through railway production units like Integral Coach Factory (ICF), other coach factories. In addition to manufacturing the rolling stock components, it carries out turnkey interior furnishing projects for Indian Railways. In the aerospace and defence sectors, it manufactures intricate, highly engineered, and vital components. Along with Indian Railways through ICF and other coach factories, it also serve other Rails factories, and global rolling stock OEMs. It has manufactured rolling stock components and implemented turnkey interior furnishing projects for Sri Lankan DEMU and Mainline Export Coaches, AgraKanpur Metro Coach, RRTS Coach, Vistadome Coach and Train18 Vande Bharat Express.The Company was the first in India to supply Aluminium with powder coating to railway coaches in 2004. In 2005, it received first export coach windows order for Angola through Indian railways. It provided the own rail coach design to customers in 2008 and ventured into the Metro Rail Division in 2010 further ventured into coach body building in 2016. It started the Aero sapce division in 2019 and acquired the order for complete turnkey interior furnishing of 97 mainline passenger coaches for Sri Lanka through RITES in 2023.Company launched a fresh issue of 65,07,000 Equity Shares having the face value of Rs 10 each via its initial public offering by raising funds aggregating to Rs 91 Crore in Sep25.