BharatRohan Airborne Innovations Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
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IPO Snapshot
Key metrics and details at a glance.
Price Band
₹85
Per ShareLot Size
1600 Shares
Minimum Investment
₹1,36,000
Issue Size
₹45.04 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.75%
QIB Quota
48.98%
NII Quota
15.27%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
BharatRohan Airborne Innovations Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
54.86%
Promoter Holding (Post-Issue)
40.27%
Issue Type
Book Building - SME
ISIN
INE0QMV01017
About the Company
Our company boasts a diversified portfolio of services and products. We deliver a comprehensive range of solutions to our associated farmers, specifically: (a) Providing of Crop Monitoring Services (CMS) via drones, which includes Integrated Crop Management (ICM) Practices; and (b) Sale of various branded agri-inputs, prominently featuring our proprietary brand, 'Pravir.' We also engage in the sale of agri-output products, for which Integrated Crop Management Practices were provided by our Company and whose requirements are met throughout the agricultural value chain. This diversification allows us to cater to a broader spectrum of agricultural needs, offering our clientele a complete suite of solutions. Our primary objective is to empower farmers by generating revenue opportunities through improved farming solutions. This holistic approach underscores a robust business with significant potential for future expansion within the agritech landscape.
Industry Overview
India is recognised as a global agricultural powerhouse owing to its vast argo-ecological diversity. India's agriculture business contributes significantly to the country's economy, accounting for approximately 18% of the GDP and employing 45% of the national workforce. When fully developed, the agritech ecosystem has the potential to increase the incomes of Indian farmers by 25 to 35% and contribute US$ 95 billion to the country's GDP through lower input costs, increased productivity and price realisation, more affordable finance, additional sources of income (NITI Aayog).
Company History
Our Company was incorporated as "BharatRohan Airborne Innovations Private Limited", a private limited company under the Companies Act, 2013 pursuant to a certificate of incorporation dated June 17, 2016 issued by Deputy Registrar of Companies, Central Registration Centre. Further, our Company was converted into a public limited company pursuant to a resolution passed by the Board of Directors in their meeting held on August 05, 2024 and by our Shareholders at an Annual General Meeting held on August 29, 2024 and consequently the name of our Company was changed to "BharatRohan Airborne Innovations Limited" and a fresh certificate of incorporation dated November 12, 2024 was issued by Central Processing Centre. The corporate identification number of our Company is U74999DL2016PLC301564.
Products & Services
- The company boasts a diversified portfolio of services & products. It delivers a comprehensive range of solutions to its associated farmers, specifically Providing of Crop Monitoring Services via drones & Sale of various branded agri-inputs.
Growth Strategy
- Enhance operational controls to ensure timely completion of Service.
- Expansion of our services through Direct to Customer Model of Agri Outputs.
- Continue to invest in our business operations.
- Widen our services and products portfolio.
- Collaborating with domestic companies.
- Expand our International Presence.
- Promoting Innovation and Strengthening the Research and Development Capabilities.
Customer Base
Wholesaler and Retailer
Financial Performance
Revenue, profit after tax and total assets across the last 2 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offer of up to 52,99,200 equity shares of face value of Rs.10/- each (the "Equity Shares") of Bharatrohan Airborne Innovations Limited ("the Company" or "Bharatrohan" or "the Issuer") for cash at a price of Rs. 85 per equity share including a share premium of Rs. 75 per equity share (the "Issue Price") aggregating to Rs. 45.04 crores ("the Issue"), of which up to 2,68,800 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 85 per equity share including a share premium of Rs. 75 per equity share aggregating to Rs. 22.85 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of up to 50,30,400 equity shares of face value of Rs. 10/- each at a price of Rs. 85 per equity share including a share premium of Rs. 75 per equity share aggregating to Rs. 42.76 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.60 % and 25.25 % respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 80/- to Rs. 85/- for equity share of face value of Rs. 10 each. The floor price is 8.0 times times the face value and cap price is 8.50 times of the face value of the equity shares. Bids can made for a minimum of 3,200 equity shares and in multiples of 1,600 equity shares thereafter.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Diversified product and service portfolio.
- Strong relationships with a diverse customer base.
- Strong management capabilities with a demonstrated track record of delivering robust financial performance.
- The company derives a substantial portion of its revenue from the sale of the company key services and Products and any loss of sales of such service or products due to change in demand for agricultural products or other factors, could adversely affect its business, financial condition, results of operations and cash flows. In addition, its may not be able to diversify into new service or product lines which may adversely affect the company business, revenue from operations, cash flows and financial condition.
- The company is positioning itself to expand its market presence by diversifying into the sale of Agri Ouputs. However, this expansion may expose the company to several risks that could adversely affect its growth, prospects, cash flows, business operations, and financial condition.
- Over 31.37%, 39.04% and 59.70% of its operating revenue came from the company top five customers in the Fiscals 2025, 2024 and 2023. The loss of any of the company top customers, or the loss of revenue from these top customers could have a material adverse effect on the company business, financial condition, results of operations and cash flows.
- The company business operations relies significantly on the continuous and timely supply of products from top 5 and top 10 suppliers, Also, the company does not have continuing and exclusive supply agreement with them. Any interruptions or discontinuation of same will adversely impact its overall performance and profitability.
- The company business is sensitive to weather patterns, seasonal factors and climate change, which can impact demand for its products and services and adversely affect the company business, results of operations and financial condition.