Airfloa Rail Technology IPO vs Simca Advertising IPO

Comparison between Airfloa Rail Technology IPO and Simca Advertising IPO.

IPO Details

Airfloa Rail Technology IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Simca Advertising IPO is a SME Bookbuilding proposed to list at NSE SME.

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 Simca Advertising IPO is up to ₹55.13 Cr. The final issue price of Airfloa Rail Technology IPO is ₹140.00 per share and of Simca Advertising IPO is ₹183.00 per share.

 Airfloa Rail Technology IPOSimca Advertising IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹133.00 per share₹174.00 per share
Issue Price (Upper)₹140.00 per share₹183.00 per share
Issue Price (Final)₹140.00 per share₹183.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1000 shares600 shares
Fresh Issue Size61,81,000 shares30,12,600 shares
Fresh Issue Size (Amount)up to ₹86.53 Crup to ₹55.13 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total61,81,000 shares30,12,600 shares
Issue Size Total (Amount)up to ₹86.53 Crup to ₹55.13 Cr

IPO Timetable

Airfloa Rail Technology IPO opens on Sep 11, 2025, while Simca Advertising IPO opens on May 08, 2026. The closing date of Airfloa Rail Technology IPO and Simca Advertising IPO is Sep 15, 2025, and May 12, 2026, respectively.

 Airfloa Rail Technology IPOSimca Advertising IPO
Anchor Bid DateSep 10, 2025May 07, 2026
Issue OpenSep 11, 2025May 08, 2026
Issue CloseSep 15, 2025May 12, 2026
Basis Of Allotment (Tentative)Sep 16, 2025May 13, 2026
Initiation of Refunds (Tentative)Sep 17, 2025May 14, 2026
Credit of Share (Tentative)Sep 17, 2025May 14, 2026
Listing date (Tentative)Sep 18, 2025May 15, 2026
Anchor Lockin End date 1Oct 15, 2025Jun 12, 2026
Anchor Lockin End date 2Dec 15, 2025Aug 11, 2026

Financials & KPIs

Airfloa Rail Technology IPO P/E ratio is 9.57, as compared to Simca Advertising IPO P/E ratio of 16.14.

 Airfloa Rail Technology IPOSimca Advertising IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 2025
Assets256.94
Total Income192.66
Profit After Tax25.55
EBITDA47.41
NET Worth110.80
Reserves and Surplus93.34
Total Borrowing59.98
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Assets57.9636.6719.806.07
Total Income78.1675.0949.3111.96
Profit After Tax10.689.985.781.57
EBITDA14.3713.497.722.11
NET Worth28.0517.377.391.62
Reserves and Surplus19.2517.327.341.57
Total Borrowing0.140.280.04
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)74.499.99
Promoter Shareholding (Post-Issue)54.273.50
P/E Ratio9.5716.14
Market Cap₹335.58 Cr.₹219.08 Cr.
ROE30.6457.44
ROCE26.2876.57
Debt/Equity0.540.02
EPS₹14.63₹11.34
RoNW23.0657.44

Shares Offered

In the Airfloa Rail Technology IPO Retail Individual Investors (RII) are offered 21,64,000 shares while in Simca Advertising 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 4,87,800 shares in Simca Advertising IPO.

 Airfloa Rail Technology IPOSimca Advertising IPO
Anchor Investor Reservation18,52,000 shares4,39,200 shares
Market Maker Reservation3,26,000 shares1,59,000 shares
QIB12,35,000 shares4,87,800 shares
NII9,30,000 shares10,29,600 shares
RII21,64,000 shares10,56,000 shares
Employee0 shares0 shares
Others
Total61,81,000 shares30,12,600 shares

Bids Received (Subscription)

Airfloa Rail Technology IPO subscribed 211.18x in total, whereas Simca Advertising IPO subscribed 69.09x.

 Airfloa Rail Technology IPOSimca Advertising IPO
QIB (times)214.65x101.08x
NII (times)349.88x81.54x
Big NII (times)375.79x92.28x
Small NII (times)298.06x60.11x
RII (times)330.31x70.90x
Employee (times)
Other (times)
Total (times)211.18x69.09x

Compare with others

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Airfloa Rail Technology IPO Vs Simca Advertising IPO