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Open
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Close
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Allotment
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Listing
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Issue Size
62,48,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 73.86 | 43.47 | 27.76 | 22.19 |
| Total Income | 60.24 | 54.89 | 66.40 | 35.60 |
| Profit After Tax | 4.43 | 3.50 | 4.47 | 1.69 |
| EBITDA | 7.43 | 6.56 | 7.85 | 3.74 |
| NET Worth | 27.22 | 22.76 | 10.17 | 5.73 |
| Reserves and Surplus | 25.91 | 21.45 | 8.98 | 4.54 |
| Total Borrowing | 27.16 | 9.44 | 10.48 | 11.15 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Advance Technoforge Ltd. | SME | ₹24.04 Cr | ₹95 | 15.22 | ₹89.30 | -6.00% | ₹68.14 |
| Millworks Technologies Ltd. | SME | ₹160.34 Cr | ₹331 | 11.4 | ₹660.30 | +99.49% | ₹805.65 |
| Apsis Aerocom Ltd. | SME | ₹35.77 Cr | ₹110 | 14.58 | ₹160.65 | +46.05% | ₹509.75 |
| Digilogic Systems Ltd. | SME | ₹81.00 Cr | ₹104 | 28.52 | ₹79.05 | -23.99% | ₹185.65 |
| Aequs Ltd. | Mainboard | ₹921.81 Cr | ₹124 | -74.71 | ₹151.29 | +22.01% | ₹259.85 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the incremental working capital requirements of the Company | 23.40 |
| 2 | Repayment/pre-Payment, in full or in part, of certain outstanding borrowings availed by the company | 2.60 |
| 3 | General Corporate Purposes | |
| Total | 26.00 |
About Vardhman Airport Solutions IPO
Incorporated in January 2014, Vardhman Airport Solutions Limited is an engineering-driven aviation infrastructure company engaged in the design, development, engineering, assembly, system integration, supply, installation, testing, commissioning, and maintenance of airfield ground lighting systems, navigational aids, aircraft docking systems, smart metering solutions, and allied aviation infrastructure. The company serves civil airports, heliports, and defense airbases, providing mission-critical systems that support safe and efficient aircraft operations during landing, take-off, and ground movement. The company operates on a Supply, Installation, Testing and Commissioning (SITC) and turnkey project execution model, offering integrated airport infrastructure solutions across three key business segments: Airport Lighting & Airside Infrastructure Solutions, Defense Aviation Infrastructure Solutions, and Smart Metering Solutions for Military Engineer Services (MES). Its product portfolio includes Automatic Weather Observation Systems (AWOS), Air Traffic Management (ATM) Systems, Instrument Landing Systems (ILS), Distance Measuring Equipment (DME), Voice Communication and Control Syst
Contact Details
Vardhman Airport Solutions Ltd. Address13/C and 13/3Plot No. 13 Industrial AreaNajafgarh RoadWest Delhi, New Delhi, 110015011-45710588cs@vardhmanairports.comVisit Website