BharatRohan Airborne Innovations Ltd. is launching its SME IPO to raise funds for equipment, vehicles, working capital, and general corporate purposes. The IPO opens on September 22, 2025 and closes on September 25, 2025. Shares are planned to be listed on BSE SME.
Key IPO Details
| Particulars | Details |
|---|---|
| IPO Open Date | September 22, 2025 |
| IPO Close Date | September 25, 2025 |
| Listing Date | September 30, 2025 |
| Face Value | ₹10 per equity share |
| Price Band | ₹80 to ₹85 per share |
| Issue Size | Approx. ₹45.04 Crores |
| Fresh Issue | Approx. ₹45.04 Crores |
| Offer for Sale | To be updated |
| Issue Type | Book Built Issue |
| IPO Listing | BSE SME |
| Retail Quota | Up to 35% |
| QIB Quota | Up to 50% |
| NII (HNI) Quota | Up to 15% |
Market Lot Information
| Category | Lot Size | Shares | Amount (₹) |
|---|---|---|---|
| Retail Minimum | 2 | 3,200 | 2,72,000 |
| Retail Maximum | 2 | 3,200 | 2,72,000 |
| S-HNI Minimum | 3 | 4,800 | 4,08,000 |
| S-HNI Maximum | 7 | 11,200 | 9,52,000 |
| B-HNI Minimum | 8 | 12,800 | 10,88,000 |
Important IPO Dates
| Event | Date |
|---|---|
| IPO Opening | September 22, 2025 |
| IPO Closing | September 25, 2025 |
| Basis of Allotment | September 26, 2025 |
| Refund Initiation | September 29, 2025 |
| Demat Credit | September 29, 2025 |
| Listing Date | September 30, 2025 |
Promoters
- Mr. Amandeep Panwar
- Mr. Rishabh Choudhary
About the Company
BharatRohan Airborne Innovations is an agritech company providing solutions for the farming value chain using drones and hyperspectral imaging technology. The company aims to support sustainable agriculture and India’s global economic growth by integrating advanced technology in farming, food, education, healthcare, and infrastructure.
Financial Performance
| Period Ended | Revenue (₹ Cr) | Expense (₹ Cr) | PAT (₹ Cr) | Assets (₹ Cr) |
|---|---|---|---|---|
| 2023 | 6.53 | 4.82 | 1.81 | 5.27 |
| 2024 | 18.98 | 12.40 | 6.90 | 22.33 |
| 2025 | 28.23 | 21.02 | 7.59 | 42.02 |
Key Financial Ratios (FY2025)
| KPI | Value |
|---|---|
| ROE | 28.21% |
| ROCE | 19.69% |
| EBITDA Margin | 28.12% |
| PAT Margin | 26.93% |
| Debt to Equity Ratio | 0.04 |
| EPS (Basic) | ₹5.53 |
| P/E Ratio | N/A |
| RoNW | 20.38% |
| Net Asset Value (NAV) | ₹25.61 |
Peer Group Comparison
No listed companies in India.
Purpose of the IPO
- Funding of capital expenditure requirements for purchase of new equipment
- Purchase of commercial vehicle
- Funding working capital requirement
- General corporate purpose
Registrar & Contact Details
Registrar:
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: bharatrohan.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Lead Managers:
Smart Horizon Capital Advisors Pvt.Ltd.
Company Address:
BharatRohan Airborne Innovations Ltd.
Fourth Floor B-117, DDA Sheds, Okhla Industrial Area Phase – I,
South Delhi, New Delhi, 110020
Phone: +91 9266109913
Email: investors@bharatrohan.in
Website: https://bharatrohan.in/
Reviews
The company has shown strong growth and profitability, with advanced technology in agriculture. Investors may consider for long-term investment, but are advised to research further and consult financial advisors before investing.