Fixed Price IPO | ₹[.] Cr | Listing at NSE SME |
Airpro Technology India Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on June 29, 2026 to raise funds through Initial Public Offer (IPO).
Airpro Technology India Ltd. IPO is a Fixed Price Issue of 0.36 crore equity shares consisting of a fresh issue of upto 0.29 crore equity shares and an offer for sale (OFS) of upto 0.07 crore equity shares.
The equity shares are proposed to be listed on the NSE SME. Horizon Management Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Airpro Technology IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 36,00,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 29,20,000 shares (agg. up to ₹[.] Cr) |
| Offer for Sale | 6,80,000 shares of ₹10 (agg. up to ₹[.] Cr) |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Jun 29, 2026 |
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the Net Issue |
| NII Shares Offered | 50% of the Net Issue |
Airpro Technology India Limited is engaged in providing specialized engineering, manufacturing, and technology solutions for industrial and infrastructure applications. The company focuses on delivering high-quality products and services by leveraging advanced technology, innovation, and industry expertise. It caters to a diverse range of sectors, offering solutions designed to improve operational efficiency and meet evolving customer requirements.
The company's operations emphasize quality, reliability, and customer satisfaction. Airpro Technology India Limited continually invests in research and development, modern manufacturing processes, and skilled professionals to deliver products that comply with industry standards. Its customer-centric approach and commitment to technological advancement have helped it build long-term relationships with clients across various industries.
Products:
Wireless Access Points: Provide seamless wireless connectivity across indoor, outdoor, and high-density environments.
WLAN Controllers: Enable centralized management, configuration, and monitoring of multiple wireless access points.
Ethernet Switches: Connect network devices and ensure efficient data transmission within enterprise networks.
Gateways: Facilitate secure communication and traffic routing between internal and external networks.
Outdoor Wireless Solutions: Deliver reliable wireless connectivity in campuses, industrial sites, and remote locations.
4G/5G Customer Premises Equipment (CPE): Provide high-speed wireless broadband where wired connectivity is unavailable.
Industrial PoE Switches: Supply both data and power over a single Ethernet cable, supporting IP cameras, access points, and industrial IoT devices in rugged environments.
Competitive Strengths:
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 28.38 | 21.26 | 19.83 | 14.11 |
| Total Income | 22.11 | 28.18 | 22.09 | 21.15 |
| Profit After Tax | 3.46 | 2.29 | 1.13 | 0.75 |
| EBITDA | 5.33 | 4.28 | 2.67 | 1.63 |
| NET Worth | 10.05 | 6.59 | 4.30 | 2.60 |
| Reserves and Surplus | 8.15 | 4.70 | 2.40 | 1.28 |
| Total Borrowing | 10.84 | 8.96 | 10.52 | 8.90 |
| Amount in ₹ Crore | ||||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Merritronix Ltd. | SME | ₹70.03 Cr | ₹149 | 11.83 | ₹297.25 | +99.50% | ₹369.80 (-3.46%) |
| Adisoft Technologies Ltd. | SME | ₹74.10 Cr | ₹172 | 12.82 | ₹215.25 | +25.15% | ₹185.70 (-0.46%) |
| Highness Microelectronics Ltd. | SME | ₹21.67 Cr | ₹120 | 16.7 | ₹129.75 | +8.12% | ₹180.45 (-4.98%) |
| Tipco Engineering India Ltd. | SME | ₹60.55 Cr | ₹89 | 8.73 | ₹84.79 | -4.73% | ₹191.80 (-1.67%) |
| Gabion Technologies India Ltd. | SME | ₹29.16 Cr | ₹81 | 12.18 | ₹93.41 | +15.32% | ₹85.35 (-1.78%) |
| Admach Systems Ltd. | SME | ₹42.60 Cr | ₹239 | 19.56 | ₹200.75 | -16.00% | ₹394.25 (+4.99%) |
| Apollo Techno Industries Ltd. | SME | ₹47.96 Cr | ₹130 | 9.43 | ₹151.95 | +16.88% | ₹81.92 (+1.14%) |
| HRS Aluglaze Ltd. | SME | ₹50.92 Cr | ₹96 | 26.07 | ₹132.30 | +37.81% | ₹245.00 (+0.00%) |
| Purple Wave Infocom Ltd. | SME | ₹31.45 Cr | ₹126 | 9.33 | ₹130.50 | +3.57% | ₹117.30 (-0.17%) |
| Shining Tools Ltd. | SME | ₹17.10 Cr | ₹114 | 16.18 | ₹98.80 | -13.33% | ₹75.00 (+0.52%) |
| True Colors Ltd. | SME | ₹127.96 Cr | ₹191 | 14.66 | ₹183.05 | -4.16% | ₹146.10 (-2.34%) |
| L.T.Elevator Ltd. | SME | ₹39.37 Cr | ₹78 | 12.31 | ₹142.90 | +83.21% | ₹259.95 (+3.03%) |
| Airfloa Rail Technology Ltd. | SME | ₹91.10 Cr | ₹140 | 9.57 | ₹279.30 | +99.50% | ₹346.00 (-0.57%) |
| Taurian MPS Ltd. | SME | ₹42.53 Cr | ₹171 | 11.29 | ₹220.50 | +28.95% | ₹396.95 (+11.11%) |
| Omnitech Engineering Ltd. | Mainboard | ₹583.00 Cr | ₹227 | 54.47 | ₹204.93 | -9.72% | ₹565.60 (-1.04%) |
| Epack Prefab Technologies Ltd. | Mainboard | ₹504.00 Cr | ₹204 | 29.49 | ₹190.66 | -6.54% | ₹244.11 (-1.83%) |
| Aditya Infotech Ltd. | Mainboard | ₹1,300.00 Cr | ₹675 | 21.09 | ₹1,082.65 | +60.39% | ₹3,614.40 (-4.80%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Capital Expenditure towards Purchase of Machinery for Manufacturing Facility | 2.00 |
| 2 | Funding towards balance payment for acquisition of land for Factory at Jaipur | 0.60 |
| 3 | Funding Capital Expenditure towards Construction of Building for Factory at Jaipur | 3.97 |
| 4 | Funding the Working Capital requirement of the company | 13.00 |
| 5 | General corporate purposes | |
| Total | 19.57 |
| KPI | Dec 31, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 41.57% | 42.08% |
| ROCE | 35.54% | 34.30% |
| Debt/Equity | 1.08 | 1.36 |
| RoNW | 34.77% | |
| PAT Margin | 15.70% | 8.18% |
| EBITDA Margin | 24.22% | 15.28% |
Lead Manager Reports
Airpro Technology IPO is a SME IPO of 36,00,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Airpro Technology IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Airpro Technology IPO using UPI as a payment gateway. Zerodha customers can apply in Airpro Technology IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Airpro Technology IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Airpro Technology IPO dates are not announced. Please check back again after some time.
Airpro Technology IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Airpro Technology IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Airpro Technology IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Airpro Technology IPO allotment status.
The Airpro Technology IPO listing date is not yet announced. The tentative date of listing is .
