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BharatRohan Airborne Innovations Ltd.

IPO Details · GMP · Subscription · Financials
✅ Listed BSE SME SME
Issue Price
₹85
Per Share
GMP
NIL
Grey Market
Est. Listing
₹85
Expected Price
Min. Application
₹272,000
2 lots × 1600 shares
IPO Issue Details
Issue Price / Price Band₹85 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size52,99,200 shares (aggregating up to ₹45.04 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenTue, 23 Sep 2025
Subscription CloseThu, 25 Sep 2025
Anchor AllotmentMon, 22 Sep 2025
Basis of AllotmentFri, 26 Sep 2025
Initiation of RefundsMon, 29 Sep 2025
Credit of Shares to DematMon, 29 Sep 2025
Listing DateTue, 30 Sep 2025
UPI Mandate Deadline2025-09-25
Application & Investment Details
Retail — Min (2 Lots)272000 — 3200 shares
Retail — Max (13 Lots)₹1,768,000 (13 Lots)
HNI — Min (3 Lots)408000 — 4800 shares
QIB Quota46.50% of Issue
NII / HNI Quota14.49% of Issue
Retail Quota33.94% of Issue
Market Maker Quota5.07% of Issue
EPS (Pre-IPO)₹5.19
EPS (Post-IPO)₹3.81
P/E Ratio (Pre-IPO)16.38x
P/E Ratio (Post-IPO)22.32x
Net Offer to Public50,30,400 shares (aggregating up to ₹42.76 Cr)
Reserved for Market Maker2,68,800 shares (aggregating up to ₹2.28 Cr)
Pre-IPO Promoter Holding1,46,23,820 shares
Post-IPO Promoter Holding1,99,23,020 shares
About BharatRohan Airborne Innovations Ltd.

Incorporated in June 2016, BharatRohan Airborne Innovations Limited is an agritech solutions provider focusing on drone/UAV platforms and Hyperspectral Imaging (HSI) technology.The company offers a range of services and products to address key challenges in the agricultural value chain, including crop production advice and guidance on Integrated Crop Management Practices to support the sale of agricultural inputs and outputs.They are an Agri-tech company that helps farmers grow profitably using a Decision Support System (DSS) with Hyperspectral Imaging and other imaging technologies.Products & ServicesProviding Crop Monitoring ServicesSale of various branded agri-inputAs of June 30, 2025, the company had a total of 39 permanent employees and 20 Fixed Term Employees.Competitive Strength:Comprehensive and integrated range of offerings that provide a “One Stop Solution” for Agriculture Business through diversified Service and Product Portfolio.Using technology throughout farming can improve the process. Drones can help monitor crops and provide useful data analysis.Focus on Sustainable FarmingExperienced Promoters and Management Team.

Shareholding & Lock-in
Pre-IPO Promoter Holding 1,46,23,820 shares
Post-IPO Promoter Holding 1,99,23,020 shares
Check Allotment Check Status →
BharatRohan Airborne Innovations Ltd. — Live Price LIVE
₹85.00
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Issue Price
₹85.00
Issue Price
₹85.00
Face Value
₹10
Lot Size
1,600 sh
Listed On
30 Sep 2025
Exchange
BSE SME
GMP
NIL
Symbol: BSE:BHARATROHAN
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹85
GMPNIL
Est. Listing₹85
Lot Size1,600 shares
Min Amount₹272,000
Listing Date30 Sep 2025
QIB Shares2,464,000
NII Shares768,000
Retail Shares1,798,400
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹85
Listing Date30 Sep 2025
Listing Price₹—
Listing Gain/Loss—%
52-Week High₹—
52-Week Low₹—
GMP Trend — BharatRohan Airborne Innovations Ltd. Post-listing trend
Issue Price ₹85.00
GMP NIL
Est. Listing ₹85.00
Status: Listed
BharatRohan Airborne Innovations Ltd. IPO Subscription Status
Total shares offered: 52,99,200 (100.00%). Issue price: ₹85. Subscription data will be updated once the IPO opens for bidding.
IPO Subscription Status Category-wise (as reported by BSE/NSE)
Category Shares Offered* Total Amt* (₹ Cr.)
Anchor
268,800 ₹2.280
QIB (Ex Anchor)
2,464,000 ₹20.940
NII
768,000 ₹6.530
Retail
1,798,400 ₹15.290
Total ** 5,299,200 ₹45.040
*: "Shares Offered" and "Total Amount" are calculated based on the upper price of the issue price range.
**: The portion of anchor investors (or market makers) is not included in the total number of shares offered.
Important Dates
Subscription OpensTue, 23 Sep 2025
Subscription ClosesThu, 25 Sep 2025
Anchor AllotmentMon, 22 Sep 2025
Basis of AllotmentFri, 26 Sep 2025
Initiation of RefundMon, 29 Sep 2025
Demat CreditMon, 29 Sep 2025
Listing DateTue, 30 Sep 2025
UPI Mandate Deadline2025-09-25
Check AllotmentClick here →
Lot Size & Investment Table
ApplicationLotsSharesAmount
Retail (Min — 2 Lots) 2 3,200 ₹272,000
Retail (Max — 13 Lots) 13 20,800 ₹1,768,000
S-HNI (Min — 14 Lots) 14 22,400 ₹1,904,000
S-HNI (Max — 66 Lots) 66 105,600 ₹8,976,000
B-HNI (Min — 67 Lots) 67 107,200 ₹9,112,000
* Issue Price ₹85 × Lot Size 1,600 shares
Basis of Allotment — BharatRohan Airborne Innovations Ltd. IPO
Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares) 768,000 1,798,400 2,566,400
Allotment price (Rs.) 85 85 85 85 85 85 85 85
No. of applications
No. of shares applied
Amount collected (Rs.cr.) 20.94 2.28 23.22 6.53 15.29 45.04
No. of times subscribed
No. of shares allotted 768,000 1,798,400 2,566,400
Amount (Rs.cr.) 20.94 2.28 23.22 6.53 15.29 21.81
No. of allottees
* Based on upper price band ₹85
** Anchor investor allotment is excluded from total shares offered to public.
IPO Shares Offered (Issue Structure)
Category Shares Offered Amt (₹ Cr) Size (%)
Anchor / Market Maker 268,800 ₹2.28
5.07%
QIB (Ex Anchor) 2,464,000 ₹20.94
46.50%
NII / HNI 768,000 ₹6.53
14.49%
Retail (RII) 1,798,400 ₹15.29
33.94%
Total 5,299,200 ₹45.04
100.00%
Company Financials — Restated Consolidated (Amount in ₹ Crore)
Particulars 31 Mar 2025 31 Mar 2024 31 Mar 2023
Revenue from Operations 28.23 18.98 6.53
EBITDA 7.92 7.37 1.91
Profit After Tax (PAT) 7.59 6.90 1.81
Net Worth 37.22 16.00 3.18
Total Assets 42.02 22.33 5.27
Reserves & Surplus 22.83 13.11 3.30
Total Borrowings 1.34 4.13 1.52
EBITDA Margin (%) 28.12%
PAT Margin (%) 26.93%
Key Ratios & Valuation
Issue Price₹85
Face Value₹10 Per Share
Price / Book Value (P/BV)3.32
Return on Equity (RoE)28.21%
Return on Capital Employed (RoCE)19.69%
Return on Net Worth (RoNW)20.38%
PAT Margin (%)26.93%
EBITDA Margin (%)28.12%
Debt / Equity Ratio0.04
Issue Structure & Shareholding
Total Shares Offered52,99,200 (100.00%)
Net Offer to Public50,30,400 shares (aggregating up to ₹42.76 Cr)
Reserved for Market Maker2,68,800 shares (aggregating up to ₹2.28 Cr)
Pre-Issue Promoter Holding1,46,23,820 shares
Post-Issue Promoter Holding1,99,23,020 shares
Script CodeNot Available
Objects of the Issue

BharatRohan Airborne Innovations Ltd. proposes to utilize the net proceeds raised through this IPO for the following objects as stated in the Draft Red Herring Prospectus (DRHP) filed with SEBI:

1
Object 1
2
Object 2
3
Object 3
4
Object 4
Issue Composition & Shareholding
Issue TypeBookbuilding IPO
Sale TypeFresh Capital
Total Shares Offered52,99,200 (100.00%)
Net Offer to Public50,30,400 shares (aggregating up to ₹42.76 Cr)
Reserved for Market Maker2,68,800 shares (aggregating up to ₹2.28 Cr)
Pre-Issue Promoter Holding1,46,23,820 shares
Post-Issue Promoter Holding1,99,23,020 shares
Company Details
Company Name
BharatRohan Airborne Innovations Ltd.
Listing Exchange
BSE SME
IPO Type
allottees IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
Not Available
Registered Address
Fourth Floor B-117 DDA Sheds Okhla Industrial Area Phase - I South Delhi, New Delhi, 110020
IPO Registrar (Share Transfer Agent)
Kfin Technologies Ltd.
Official IPO Registrar & Share Transfer Agent
Book Running Lead Managers (BRLM)
Smart Horizon Capital Advisors Pvt.Ltd.
Book Running Lead Manager (BRLM)
IPO Allotment
Check Allotment Status Check Now
Quick Actions
Check Allotment Status
IPO Timeline
IPO Opens
23 Sep 2025, Tue
✓ Done
IPO Closes
25 Sep 2025, Thu
✓ Done
Basis of Allotment
26 Sep 2025, Fri
✓ Done
Initiation of Refunds
29 Sep 2025, Mon
✓ Done
Credit of Shares
29 Sep 2025, Mon
✓ Done
Listing Day
30 Sep 2025, Tue
✓ Done
Quick Summary
Issue Price₹85
Face Value₹10
Lot Size1,600 Shares
Min. Investment₹272,000
Open Date23 Sep 2025
Close Date25 Sep 2025
Allotment26 Sep 2025
Listing Date30 Sep 2025
ExchangeBSE SME
GMPNIL
Est. Listing₹85
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