BharatRohan Airborne Innovations Limited is an agritech solutions provider specializing in drone (UAV) platforms and Hyperspectral Imaging (HSI) technology. The company focuses on transforming agriculture through precision farming solutions that enable farmers to enhance productivity and profitability.
Its offerings revolve around Decision Support Systems (DSS) that combine drone-based imaging, hyperspectral data, and advanced analytics. These solutions help farmers with crop production advice, integrated crop management practices, and agri-input guidance, ultimately improving yields and supporting sustainable agriculture.
Products & Services:
- Crop Monitoring Services – Using drones and hyperspectral imaging for early detection of crop stress, pests, and diseases.
- Decision Support & Advisory – Providing data-driven insights to optimize input usage such as fertilizers, pesticides, and irrigation.
- Agri-Input Sales – Distribution and sale of branded agricultural inputs to support the entire farming cycle.
As of June 30, 2025, BharatRohan employed 39 permanent staff and 20 fixed-term employees, including skilled professionals in agri-tech, drone operations, and data analytics.
BharatRohan Airborne Innovations IPO – Details
| IPO Opening Date | 23 September 2025 |
| IPO Closing Date | 25 September 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 52,99,200 Shares Worth ₹45.04 Crore Fresh Issue: 52,99,200 Shares Worth ₹45.04 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹80– ₹85 per share |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Kfin Technologies Ltd. |
| QIB Shares Offered | 50% |
| NII Shares Offered | 15% |
| Retail Shares Offered | 35% |
BharatRohan Airborne Innovations IPO – Date Schedule
| IPO Open Date | 23 September 2025 |
| IPO Close Date | 25 September 2025 |
| Basis of Allotment | 26 September 2025 |
| Initiation of Refund | 29 September 2025 |
| Credit of Shares to Demat | 29 September 2025 |
| IPO Listing Date | 30 September 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 25, 2025 |
BharatRohan Airborne Innovations IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹2,72,000 |
| Retail (Max) | 2 | 3,200 | ₹2,72,000 |
| S-HNI (Min) | 3 | 4,800 | ₹4,08,000 |
| S-HNI (Max) | 7 | 11,200 | ₹9,52,000 |
| B-HNI (Min) | 8 | 12,800 | ₹10,88,000 |
Competitive Strengths
- 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 Farming
- Experienced Promoters and Management Team.
Company Promoters
- Mr. Amandeep Panwar
- Mr. Rishabh Choudhary
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹6.53 Cr | ₹4.82 Cr | ₹1.81 Cr | ₹1.52 Cr |
| 31 March 2024 | ₹18.98 Cr | ₹12.40 Cr | ₹6.90 Cr | ₹4.13 Cr |
| 31 March 2025 | ₹28.23 Cr | ₹21.02 Cr | ₹7.59 Cr | ₹1.34 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 28.21% |
| ROCE | 19.69% |
| Debt/Equity | 0.04 |
| RoNW | 20.38% |
| PAT Margin | 26.93% |
| EBITDA Margin | 28.12% |
| Price to Book Value | 3.32 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 5.19 | 3.81 |
| P/E (x) | 16.38 | 22.32 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Funding of Capital Expenditure requirements for purchase of new Equipment by the Company. | ₹14.21 |
| Purchase of Commercial Vehicle. | ₹2.29 |
| Funding Working Capital Requirement of the Company. | ₹16.68 |
| General Corporate Purposes. | – |
✅Strengths
- High dependence on DGCA approvals & regulations.
- Technology may face fast obsolescence.
- Weather and farmer adoption challenges.
- Small scale of operations limits growth speed.
⚠️Risks
- High dependence on DGCA approvals & regulations.
- Technology may face fast obsolescence.
- Weather and farmer adoption challenges.
- Small scale of operations limits growth speed.
BharatRohan Airborne Innovations IPO Promoter Holding
| Pre Issue Share Holding | 54.86% |
| Post Issue Share Holding | 40.27% |
BharatRohan Airborne Innovations IPO Prospectus
Company Contact Information
| 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/ |
BharatRohan Airborne Innovations IPO Registrar
| Kfin Technologies Ltd. Phone: 04067162222, 04079611000 Email: bharatrohan.ipo@kfintech.com Website: https://ipostatus.kfintech.com/ |
BharatRohan Airborne Innovations IPO Lead Manager(s)
| 1. Smart Horizon Capital Advisors Pvt.Ltd. |
BharatRohan Airborne Innovations IPO FAQ
| What is BharatRohan Airborne Innovations IPO? BharatRohan Airborne Innovations IPO is an SME IPO. The issue is priced at ₹80 – ₹85 per equity share. The IPO is to be listed on BSE SME. |
| When BharatRohan Airborne Innovations IPO will open? The IPO is to open on 23 September 2025 for QIB, NII, and Retail Investors. |
| What is BharatRohan Airborne Innovations IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is the BharatRohan Airborne Innovations IPO Size? BharatRohan Airborne Innovations IPO size is ₹45.04 Crore. |
| What is BharatRohan Airborne Innovations IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 3,200 Shares with ₹2,72,000 amount, while the maximum bid is 3,200 Shares with ₹2,72,000. |
| What is the BharatRohan Airborne Innovations IPO Allotment Date? BharatRohan Airborne Innovations IPO allotment date is 26 September 2025. |
| What is the BharatRohan Airborne Innovations IPO Listing Date? BharatRohan Airborne Innovations IPO listing date is 30 September 2025. The IPO is to be listed on the BSE SME. |
