BharatRohan Airborne Innovations IPO
GMP, Subscription, Price, Dates & Financial Details
Business Support
Incorporated in June 2016, BharatRohan Airborne Innovations Limited is an agritech solutions provider specializing in drone/UAV platforms and Hyperspectral Imaging (HSI) technology.The company delivers technology-driven services and products aimed at addressing critical challenges across the…
Open Date
Tue, 23 Sep 2025
Close Date
Thu, 25 Sep 2025
Price Band
₹ 80 – 85
Lot Size
1600
Issue Size
₹ 45.00 Cr
Minimum Investment
₹ 272,000 (3200 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
BharatRohan Airborne Innovations IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹45 Crore, comprising a fresh issue of 50.30 Lakh equity shares aggregating to ₹43.00 Crore.
The BharatRohan Airborne Innovations IPO remained open for subscription from September 23, 2025, to September 25, 2025. The basis of allotment was finalized on September 26, 2025, and the company's shares were listed on BSE SME Platform on September 30, 2025.
The company had fixed the price band at ₹80 to ₹85 per share, with a lot size of 1600 shares. Retail investors were required to make a minimum investment of ₹272,000 (based on the upper price band) to apply for one lot.
KFin Technologies Limited served as the registrar to the issue. Smart Horizon Capital Advisors Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, BharatRohan Airborne Innovations Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
BharatRohan Airborne Innovations IPO Timeline (Tentative)
- IPO Open Date
- Tue, 23 Sep 25
- IPO Close Date
- Thu, 25 Sep 25
- Basis of Allotment
- Fri, 26 Sep 25
- Initiation of Refunds
- Mon, 29 Sep 25
- Credit of Shares to Demat
- Mon, 29 Sep 25
- Listing Date
- Tue, 30 Sep 25 — NSE & BSE
Open Date
23 September 2025
Close Date
25 September 2025
Basis Of Allotment
26 September 2025
Listing Date
30 September 2025
IPO Subscription
Check Live Subscription →The BharatRohan Airborne Innovations IPO has received bids for 3,14,80,000 shares against 35,55,200 shares offered, resulting in an overall subscription of 8.85x. the NII category is subscribed 14.38x, Retail Investors 6.89x, and QIBs 8.14x.
QIB
8.14x
NII
14.38x
RII
6.89x
Total
8.85x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 17,98,400 shares, representing 50.59% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 9,88,800 shares (27.81%), while Non-Institutional Investors (NIIs) receive 7,68,000 shares (21.6%).
| Category | Shares Offered | Shares Offered |
|---|---|---|
| Qualified Institutions | 988,800 | 27.81% |
| Non-Institutional | 768,000 | 21.6% |
| BNII | 512,000 | 14.4% |
| SNII | 256,000 | 7.2% |
| Retail Investors | 1,798,400 | 50.59% |
| Total | 3,555,200 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 42.02 | 22.33 | 5.27 |
| Revenue | 28.23 | 18.98 | 6.53 |
| Profit After Tax | 7.59 | 6.9 | 1.81 |
| Net Worth | 37.22 | 16 | 3.18 |
| Reserve & Surplus | 22.83 | 13.11 | 3.3 |
| Total Borrowings | 1.34 | 4.13 | 1.52 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
BharatRohan Airborne Innovations Limited KPI Information
| Particular | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 28.21 | 70.29 | 128.09 |
| ROCE % | 19.69 | 35.42 | 19.3 |
| Debt / Equity | 0.04 | 0.25 | 0.46 |
| RoNW % | 20.38 | 43.16 | 56.87 |
| Pat Margin % | 26.93 | 36.42 | 27.96 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| BharatRohan Airborne Innovations Ltd | 10 | 0 | 5.53 | 5.53 | 20.38 | 25.61 |
About BharatRohan Airborne Innovations Limited
Incorporated in June 2016, BharatRohan Airborne Innovations Limited is an agritech solutions provider specializing in drone/UAV platforms and Hyperspectral Imaging (HSI) technology.
The company delivers technology-driven services and products aimed at addressing critical challenges across the agricultural value chain. Its solutions include crop monitoring, decision-making support for farmers, and guidance on Integrated Crop Management Practices, thereby enabling efficient use of agricultural inputs and improving crop yields.
BharatRohan leverages a Decision Support System (DSS) powered by Hyperspectral Imaging and other imaging technologies to help farmers grow sustainably and profitably. In addition, the company also engages in the sale of branded agri-inputs to complement its advisory and monitoring services.
Products & Services:
- Crop Monitoring Services
- Advisory on Integrated Crop Management Practices
- Sale of branded agri-inputs
As of June 30, 2025, the company employed 39 permanent employees and 20 fixed-term employees.
BharatRohan Airborne Innovations IPO Promoters
- Mr. Amandeep Panwar
- Mr. Rishabh Choudhary
Promoters Holding
Holding Pre Issue
54.86%
Holding Post Issue
40.27%
BharatRohan Airborne Innovations IPO Objective
The Company BharatRohan Airborne Innovations IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Capital expenditure requirements for purchase of new Equipment by our Company
- Purchase of Commercial Vehicle
- Working Capital Requirement of our Company
- General Corporate Purpose
BharatRohan Airborne Innovations Limited Address / Contact Details
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/
IPO Snapshot
BharatRohan Airborne Innovations IPO Lot Size
The BharatRohan Airborne Innovations IPO has a lot size of 1,600 shares. Retail investors require a minimum investment of ₹2,72,000 by applying for 2 lot (3,200 shares). The maximum application allowed for the retail category is 2 lots (3,200 shares), requiring an investment of ₹2,72,000.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | 272,000.00 |
| Retail (Max) | 2 | 3,200 | 272,000.00 |
| S-HNI (Min) | 3 | 4,800 | 408,000.00 |
| S-HNI (Max) | 7 | 11,200 | 952,000.00 |
| B-HNI (Min) | 8 | 12,800 | 1,088,000.00 |
Issue Reservation
- QIB — 27.81%
- NII — 21.6%
- RII — 50.59%
Book Running Lead Managers
- Smart Horizon Capital Advisors Private Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the BharatRohan Airborne Innovations IPO?
BharatRohan Airborne Innovations IPO is a Book-building IPO with a total issue size of ₹45 crore. The BharatRohan Airborne Innovations IPO price band is ₹80 to 85 per share. The BharatRohan Airborne Innovations IPO subscription opens on Tue, Sep 23, 2025, and closes on Thu, Sep 25, 2025. The BharatRohan Airborne Innovations IPO will be listed on the BSE. KFin Technologies Limited is the registrar for the BharatRohan Airborne Innovations IPO.
When will the BharatRohan Airborne Innovations IPO open for subscription?
The BharatRohan Airborne Innovations IPO opens on Tue, Sep 23, 2025 and closes on Thu, Sep 25, 2025
What is BharatRohan Airborne Innovations IPO Price Band?
BharatRohan Airborne Innovations IPO Price Band is ₹80 to 85 per share.
What is BharatRohan Airborne Innovations IPO Lot Size?
BharatRohan Airborne Innovations IPO lot size is 1600 shares, Retail investors need a minimum investment of ₹272000 based on the upper price band
What is the minimum investment for BharatRohan Airborne Innovations IPO?
The minimum investment for BharatRohan Airborne Innovations IPO is ₹272000, based on one lot of 1600 shares at the upper price band of ₹85 per share.
How to apply for BharatRohan Airborne Innovations IPO?
Investors can apply for the BharatRohan Airborne Innovations IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Sep 25, 2025. The application amount remains blocked until the BharatRohan Airborne Innovations IPO allotment is finalized.
What is BharatRohan Airborne Innovations IPO Issue Size?
BharatRohan Airborne Innovations IPO issue size is ₹45 crores.
What is the BharatRohan Airborne Innovations IPO Allotment Date?
BharatRohan Airborne Innovations IPO allotment date is Fri, Sep 26, 2025.
Who is the BharatRohan Airborne Innovations IPO Registrar?
The registrar for BharatRohan Airborne Innovations IPO is KFin Technologies Limited. Investors can go to KFin Technologies Limited website to check BharatRohan Airborne Innovations IPO allotment status, refund processing, and other IPO-related information.
What is the BharatRohan Airborne Innovations IPO GMP?
The BharatRohan Airborne Innovations IPO GMP (Grey Market Premium) is ₹10 as of Tue, Sep 23, 2025. Based on the upper price band of ₹85 per share, the estimated BharatRohan Airborne Innovations IPO listing price is ₹95, indicating a potential listing gain of approximately 11.76% over the issue price.
Who is the BharatRohan Airborne Innovations IPO Lead Manager?
The book-running lead managers (BRLMs) for the BharatRohan Airborne Innovations IPO are . The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the BharatRohan Airborne Innovations IPO Red Herring Prospectus (RHP).