BharatRohan Airborne Innovations Ltd. IPO
Bharatrohan Airborne Innovations Ltd., established in 2016, is an agritech company focused on leveraging drone/UAV-based platforms and Hyperspectral Imaging (HSI) technology to provide comprehensive solutions across the agricultural value chain. The company aims to address critical challenges in crop production, offering services such as crop monitoring, agricultural inputs and outputs, and sustainable farming practices.
Business Model and Services
Bharatrohan operates through a vertically integrated business model, providing a broad spectrum of solutions:
1. Crop Monitoring Services (CMS):Bharatrohan uses drones with hyperspectral imaging to monitor crop health, nutrient levels, pests, and water, supporting Integrated Crop Management (ICM) practices and providing actionable insights through the “CropAssure” platform.
2. Sale of Agri-Input Products: Based on drone insights, the company sells agri-inputs like fertilizers and pesticides under its brand, ‘Pravir,’ offering guidance to help farmers adopt sustainable practices.
3. Sale of Agri-Output Products: Bharatrohan procures residue-free crops from aggregators, ensuring quality through ICM practices and providing traceability via the “SourceAssure” program.
Technology and Innovation
Bharatrohan’s core technology is driven by Hyperspectral Imaging (HSI), which allows detailed analysis of crops by capturing data across a wide spectrum of light. This technology, along with drones like the Pravir X4, enables precision farming and early detection of crop issues. The company also integrates multimodal data analysis and provides tailored advisory services to farmers.
Farmer Support and Accessibility
To ensure the practical application of its services, Bharatrohan employs a network of Farmer Success Associates, who assist farmers at the village level using WhatsApp to communicate advisories in local languages. The company also operates Bharatrohan Pragati Kendras, providing farmers with access to agri-inputs and further support in implementing farming recommendations.
Expansion and Diversification
Bharatrohan is expanding its operations by setting up a manufacturing unit in Jodhpur for the cleaning, sorting, and packaging of agri-output products. The company also plans to launch a direct-to-customer model for selling agricultural products like spices and pulses through quick commerce platforms such as Swiggy Instamart.
Objects of the BharatRohan Airborne Innovations Ltd. IPO:
BharatRohan Airborne Innovations Ltd. IPO Details:
Open Date: | Sep 23 2025 |
Close Date: | Sep 25 2025 |
Total Shares: | 52,99,200 |
Face Value: | ₹ 10 Per Equity Share |
Issue Type: | Book Building |
Issue Size: | 45.05 Cr. |
Lot Size: | 1600 Shares |
Issue Price: | ₹ 80-85 Per Equity Share |
Listing At: | BSE SME |
Listing Date: | Sep 30 2025 |
Promoters And Management:
Financials of BharatRohan Airborne Innovations Ltd. IPO:
Particulars | FY 2024-25 (Consolidated) | FY 2023-2024 (Standalone ) | FY 2022-2023 (Standalone) |
Revenue from Operations (Cr) | 28.17 | 18.95 | 6.46 |
EBITDA (Cr) | 7.92 | 7.36 | 1.91 |
EBITDA Margins | 28.12% | 38.36% | 29.60% |
PAT (Cr) | 7.58 | 6.9 | 1.8 |
PAT Margins | 26.93% | 36.42% | 27.96% |
ROCE | 19.69% | 35.42% | 19.30% |
Debt to Equity Ratio(In Times) | 0.04 | 0.25 | 0.46 |
Operating Cash Flows (Cr) | -3.85 | -8.11 | 0.79 |
Comparison With Peers:
According to RHP their is no listed peers existed.
Lead Manager of BharatRohan Airborne Innovations Ltd. IPO:
Registrar of BharatRohan Airborne Innovations Ltd. IPO:
Discussion on BharatRohan Airborne Innovations Ltd. IPO:
Leave a Reply
You must be logged in to post a comment.