Contents
- 1 Afcom Holdings IPO Details
- 2 Afcom Holdings IPO Date
- 3 Lot Size
- 4 Promoter Holding
- 5 Afcom Holdings IPO GMP (Grey Market Premium)
- 6 Afcom Holdings IPO Subscription Status
- 7 Afcom Holdings IPO Allotment Status
- 8 Know About Company
- 9 Afcom Holdings Limited Financial Information
- 10 KIP of Afcom Holdings Limited
- 11 Peer Group
- 12 Afcom Holdings Limited IPO Registrar
- 13 Afcom Holdings Limited IPO Lead Manager
- 14 Afcom Holdings Limited Contact
- 15 Afcom Holdings Limited IPO Application Form PDF
- 16 FAQs – Afcom Holdings Limited IPO
The Afcom Holdings IPO is a book-built issue worth ₹73.83 crores, involving the issuance of 68.36 lakh new shares.
The IPO opens for subscription on August 2, 2024, and closes on August 6, 2024. Allotment results for the Afcom Holdings IPO are expected to be finalized by Wednesday, August 7, 2024. The shares will be listed on the BSE SME platform, with a tentative listing date set for Friday, August 9, 2024.
The price band for the Afcom Holdings IPO is ₹102 to ₹108 per share. Retail investors must apply for a minimum of 1200 shares, which costs ₹129,600. For HNI investors, the minimum investment is for 2 lots (2,400 shares), totaling ₹259,200.
Source – Afcom Holdings IPO RHP
Afcom Holdings IPO Details
| Open Date | August 2, 2024 |
| Close Date | August 6, 2024 |
| IPO Size | A total of Rs ₹73.83 crores and 68.36 lakh shares |
| Fresh Issue | 68,36,400 Equity Shares |
| Face Value | ₹10 per share |
| IPO Price Band | ₹102 to ₹108 per share |
| IPO Listing on | BSE SME |
| Lot Size | 1200 Shares |
| OFS | N.A |
| Share Offered to Retail | 35% |
| Share Offered to QIB | 50% |
| Share Offered to HNI | 15% |
Afcom Holdings IPO Date
- IPO Open Date: August 2, 2024
- IPO Close Date: August 6, 2024
- Allotment: August 7, 2024
- Refunds: August 8, 2024
- Shares Credit to Demat: August 8, 2024
- Listing Date: August 9, 2024
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹129,600 |
| Retail (Max) | 1 | 1200 | ₹129,600 |
| HNI (Min) | 2 | 2,400 | ₹259,200 |
Promoter Holding
The company’s promoters include Capt. Deepak Parasuraman, Mr. Kannan Ramakrishnan, Wg. Cdr. Jaganmohan Mathena (Retd), and Mrs. Manjula Annamalai. Before the issue, they collectively hold 58.94% of the shares.
Afcom Holdings IPO GMP (Grey Market Premium)
If you want to know Afcom Holdings IPO GMP (Grey Market Premium) then please visit our IPO GMP section and get daily updates on grey market premium. We update here all IPOs GMP.
Afcom Holdings IPO Subscription Status
Afcom Holdings IPO subscription starts on August 2, 2024, To get live IPO subscription status data go to our IPO Subscription section and see any ongoing IPO Subscription Status.
Afcom Holdings IPO Allotment Status
To check the Afcom Holdings IPO allotment status go to the IPO registrar website ” LINK INTIME INDIA PRIVATE LIMITED” or go to IPO Allotment>>.
You can find here any IPO allotment status. Following some stapes.
- Go to the Link given above.
- Select the IPO Name
- Enter your PAN/ DP ID/ Application No
- Submit details and get the allotment status.
Know About Company
About Afcom Holdings Limited
Company Background:
- Founded in February 2013, Afcom Holdings Limited specializes in transporting cargo between airports.
Global Presence:
- Afcom Holdings has General Sales and Service Agents (GSSAs) in various countries, including India, Hong Kong, Singapore, Thailand, Japan, South Korea, China, and Taiwan.
Cargo Operations:
- The company operates cargo flights to several ASEAN countries such as Singapore, Indonesia, and Brunei, with a primary focus on Singapore.
Partnership with Air Logistics Group:
- On September 24, 2021, Afcom Holdings signed an agreement with the Air Logistics Group, a part of World Freight Company. This global leader will be the company’s GSSA in far-eastern countries.
Collaboration with Taylor Logistics:
- On October 13, 2022, Afcom Holdings made an agreement with Taylor Logistics Private Limited, a member of the TTK Group. Taylor Logistics will act as the GSSA in India.
Afcom Holdings Limited Financial Information
Here’s the financial information for Afcom Holdings Limited presented in a table format:
| Period Ended | Assets (₹ Lakhs) | Revenue (₹ Lakhs) | Profit After Tax (₹ Lakhs) | Net Worth (₹ Lakhs) | Total Borrowing (₹ Lakhs) |
|---|---|---|---|---|---|
| 29 Feb 2024 | 12,929.75 | 13,416.38 | 2,310.37 | 10,087.71 | 1,547.50 |
| 31 Mar 2023 | 8,285.40 | 8,490.12 | 1,358.62 | 7,330.56 | 47.60 |
| 31 Mar 2022 | 2,514.51 | 4,866.97 | 514.80 | 2,181.65 | 3.83 |
| 31 Mar 2021 | 899.92 | 1,388.72 | -420.31 | -337.19 | 1,471.32 |
KIP of Afcom Holdings Limited
Here’s the financial data presented in a table format:
| Key Performance Indicator | February 29, 2024 | F.Y 2022-23 |
|---|---|---|
| Growth in Revenue from Operations (%) | 58.89% | 74.31% |
| EBITDA (₹ Lakhs) | 3,299.55 | 1,915.34 |
| EBITDA Margin (%) | 24.59% | 22.56% |
| Net Profit for the Year / Period (₹ Lakhs) | 2,310.37 | 1,358.62 |
| PAT Margin (%) | 17.28% | 16.15% |
| Return on Net Worth (%) | 26.53% | 28.57% |
| Return on Capital Employed (%) | 34.63% | 39.94% |
| Debt-Equity Ratio | 0.15 | 0.01 |
Peer Group
- N/A
Afcom Holdings Limited IPO Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park, Lal Bahadur Shashtri Marg,
Vikhroli (West), Mumbai – 400 083, Maharashtra, India
Telephone: +91-022-810 811 4949
Website: www.linkintime.co.in
Afcom Holdings Limited IPO Lead Manager
GYR Capital Advisors Private Limited
(Formerly known as Alpha Numero Services Private Limited)
428, Gala Empire, Near JB Tower,
Drive in Road, Thaltej,
Ahemdabad-380 054,
Gujarat, India.
Telephone: +91 +91 877756 4648
Facsimile: N.A.
Email ID: info@gyrcapitaladvisors.com
Website: www.gyrcapitaladvisors.com
Afcom Holdings Limited Contact
Afcom Holdings Limited
2, LIC Colony Dr. Radhakrishnan Nagar
Thiruvanmiyur
Chennai-600041
Phone: +91-9841019204;
Email: corporate@afcomcargo.com
Website: https://afcomcargo.com/
Afcom Holdings Limited IPO Application Form PDF
To download the Afcom Holdings Limited IPO application form Check out the Application Form Download ASBA IPO Forms PDF.
FAQs – Afcom Holdings Limited IPO
The Afcom Holdings Limited IPO is a book-built issue aiming to raise ₹73.83 crores by issuing 68.36 lakh new shares. The IPO will be listed on the BSE SME platform.
- IPO Open Date: August 2, 2024
- IPO Close Date: August 6, 2024
- Allotment Date: August 7, 2024
- Refunds Initiation: August 8, 2024
- Shares Credit to Demat Account: August 8, 2024
- Listing Date: August 9, 2024
The price band for the IPO is set at ₹102 to ₹108 per share.
Retail investors must apply for a minimum of 1200 shares, which costs ₹129,600.
HNI investors must apply for a minimum of 2400 shares, costing ₹259,200.
- Retail Minimum Lot Size: 1200 shares
- Retail Maximum Lot Size: 1200 shares
- HNI Minimum Lot Size: 2400 shares
The promoters are:
- Capt. Deepak Parasuraman
- Mr. Kannan Ramakrishnan
- Wg. Cdr. Jaganmohan Mathena (Retd)
- Mrs. Manjula Annamalai
To check the allotment status, visit the IPO registrar’s website:
- Registrar: LINK INTIME INDIA PRIVATE LIMITED
- Website: Link Intime India
- Go to the registrar’s website.
- Select the IPO name.
- Enter your PAN, DP ID, or Application Number.
- Submit and view your allotment status.
