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
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.
Objects of the Issue
BharatRohan Airborne Innovations Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
Funding of Capital Expenditure requirements for purchase of new Equipment by the Company
14.21
2
Purchase of Commercial Vehicle
2.29
3
Funding Working Capital Requirement of the Company
16.68
4
General Corporate Purpose
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,46,23,820 shares
Post-IPO Promoter Holding
1,99,23,020 shares