
Emerging SME Services · BSE
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.
Price Band
₹80 – ₹85
Issue Size
₹45.04 Cr
Lot Size
1600 shares
GMP
+9.4%
Est. Listing
₹93
at current GMP
Subscribed
9.70x
overall
Open
23 Sep 2025
Close
25 Sep 2025
Allotment
26 Sep 2025
Refund
27 Sep 2025
Demat Credit
28 Sep 2025
Listing
30 Sep 2025
Overall Subscription
9.70x
Total Demand
QIB Multiplier
8.33x
Institutions & Funds
NII / HNI
15.84x
High Net-Worth
Retail (RII)
7.83x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 988,800 | 8,240,000 | 8.33x |
| NIB | 768,000 | 12,166,400 | 15.84x |
| HNIs(10L +) | 512,000 | 9,483,200 | 18.52x |
| HNIs (2-10L) | 256,000 | 2,683,200 | 10.48x |
| RETAIL | 1,798,400 | 14,083,200 | 7.83x |
| Total | 4,323,200 | 46,656,000 | 9.70x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 7 | 0.00x |
| NIB | — | 1,042 | 0.00x |
| RETAIL | 562 | 4,278 | 7.61x |
| HNIs(10L +) | 107 | 529 | 4.94x |
| HNIs (2-10L) | 53 | 513 | 9.68x |
| Total Applications | 722 | 6,369 | 8.82x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
BharatRohan Airborne Innovations Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹45.04 Crores. The shares are offered at a price band of ₹80 to ₹85 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-09-25, the basis of allotment is scheduled to be finalized on 2025-09-26. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for BharatRohan Airborne Innovations Limited IPO is ₹8 per equity share. Based on the upper price band of ₹80 to ₹85 per equity share, the estimated listing price is ₹93 (+9.4% expected listing gain).
With a lot size of 1600 shares and current GMP of ₹8, the expected profit per application lot is approx ₹12,800 (+9.4% gain). Minimum application cost is approx ₹1,36,000.
The BharatRohan Airborne Innovations Limited IPO aggregate issue size is ₹45.04 Crores with an equity price band set at ₹80 to ₹85 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,36,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 9.70x (Retail: 7.83x, QIB: 8.33x, NII: 15.84x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2025-09-26. Investors can verify status using PAN card or application number.
BharatRohan Airborne Innovations Limited shares are scheduled to list on BSE on 2025-09-30.