BharatRohan Airborne Innovations Limited
Bookbuilding IPO · BSE
- Price band
- ₹80 - ₹85
- Lot size
- 1,600 shares
- Issue amount
- ₹45.04 cr
- Total subscription
- 1.6×
- Opens
- 23 Sept 2025
- Closes
- 25 Sept 2025
- Allotment
- 26 Sept 2025
- Listing
- 30 Sept 2025
Offer at a glance
Issue overview
- Issue size
- 52,99,200 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,28,000
- Fresh issue
- ₹45.04 cr
- Offer for sale
- ₹0 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,36,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,46,23,820
- Shares after issue
- 1,99,23,020
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 3,200 | ₹2,72,000 |
| sHNI | 3 | 4,800 | ₹4,08,000 |
| bHNI | 8 | 12,800 | ₹10,88,000 |
Share reservation
Subscription & GMP
Subscription by category
Reported 24 Sept 2025
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | 0 | 7 |
| NIB | 0 | 1,042 |
| RETAIL | 562 | 4,278 |
| HNIs(10L +) | 107 | 529 |
| HNIs (2-10L) | 53 | 513 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 8.4 | 70.04 |
| Others | 0 | 70.04 |
| RETAIL | 15.29 | 119.71 |
| NIB | 6.53 | 103.41 |
| HNIs 2+ | 2.18 | 22.81 |
| HNIs 10+ | 4.35 | 80.61 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 0 | 0 | 0 |
| ROE | 28.21 | 28.21 | 128.09 |
| ROCE | 19.69 | 35.42 | 19.3 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 16.38 | 0 | 0 |
| POST IPO(PE) | 22.32 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
BharatRohan Airborne Innovations Limited, founded in June 2016, is an agritech company specializing in drone and hyperspectral imaging technology. It provides solutions to improve the agricultural value chain by offering crop monitoring services, decision support for farmers, and guidance on integrated crop management practices. The company also sells branded agri-inputs, helping farmers increase profitability through advanced imaging and decision-making tools. As of June 30, 2025, it employed 39 permanent staff and 20 fixed-term employees.
Strengths
- Technology-Driven Farm Intelligence – Utilizes advanced drones and Hyperspectral Imaging to deliver real-time crop insights, powering its Decision Support System (DSS) for smarter farm management.
- Sustainability & Profitability Focus – Committed to sustainable practices that improve yields, reduce input costs, and ensure a safe, traceable food supply chain.
- End-to-End Agri Solutions – Through offerings like CropAssure and SourceAssure , provides complete solutions from crop monitoring to supply chain traceability, making it a one-stop platform for the agriculture ecosystem.
Risk factors
- Revenue Dependence on Core Offerings – Heavy reliance on key services and products; any decline in demand or lack of diversification could impact cash flows and business performance.
- Expansion-Related Risks – Entry into Agri Outputs may bring operational and financial challenges that could hinder growth and stability.
- Customer Concentration Risk – A large share of revenue depends on the top five customers; losing even one could significantly affect results.
Promoters
Mr. Amandeep Panwar
Mr. Rishabh Choudhary
Registrar & documents
Lead manager
Smart Horizon Capital Advisors Private Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Fourth Floor B-117 DDA Sheds Okhla Industrial Area Phase - I South Delhi, New Delhi, 110020
+91 9266109913
[email protected]Company website ↗Understanding BHARATROHAN IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.