Afcom Holdings IPO Details: Afcom Holdings IPO date is fixed, The IPO will open on August 2 and will close on August 6. Afcom Holdings is a BSE SME IPO to raise ₹73.83 crores via IPO. The Afcom Holdings IPO price band is fixed at ₹102 to ₹108 with a market lot of 1200 shares.
Afcom Holdings Limited was established in February 2013 and is involved in transporting cargo on an airport-to-airport basis. The company has General Sales and Service Agents (GSSAs) in India, Hong Kong, Singapore, Thailand, Japan, South Korea, China, and Taiwan. They operate cargo flights to the ASEAN countries, including Singapore, Indonesia, and Brunei, focusing on Singapore. The company is engaged in the carriage of cargo on an airport-to-airport basis.
The company’s mission is to enable customers to operate flexible, reliable, and resilient supply chains at a better value proposition. They provided supply chain solutions to a diverse base of customers. The Active Customers such as e-commerce marketplaces, direct-to-consumer e-tailers, and enterprises and SMEs across several verticals such as FMCG, consumer durables, consumer electronics, lifestyle, retail, automotive, and manufacturing, through various Freight Forwarders for the period ended February 29, 2024. This is achieved through high-quality logistics infrastructure and network engineering, and a vast network of domestic and global partners. Together, these create intersecting flywheels that drive network synergies within and across their services and enhance their value proposition to customers.
Objects of the Issue:
- Funding Capital Expenditure towards taking of two new aircraft on Lease basis;
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company
- Funding of working capital requirement
- General Corporate Purposes
- To meet the Issue Expenses
Afcom Holdings IPO Date & Price Band Details
| IPO Open: | August 2, 2024 |
| IPO Close: | August 6, 2024 |
| IPO Size: | Approx ₹73.83 Crores, 6,836,400 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹102 to ₹108 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Afcom Holdings IPO Market Lot
The Afcom Holdings IPO minimum market lot is 1200 shares with a ₹129,600 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹129,600 |
| Retail Maximum | 1 | 1200 | ₹129,600 |
| S-HNI Minimum | 2 | 2400 | ₹259,200 |
Afcom Holdings IPO Dates
The Afcom Holdings IPO date is August 2 and the IPO close date is August 6. The IPO allotment date is August 7 and the IPO might list on August 9.
| IPO Open Date: | August 2, 2024 |
| IPO Close Date: | August 6, 2024 |
| Basis of Allotment: | August 7, 2024 |
| Refunds: | August 8, 2024 |
| Credit to Demat Account: | August 8, 2024 |
| IPO Listing Date: | August 9, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Afcom Holdings IPO Form
How to apply Afcom Holdings IPO? You can apply Afcom Holdings IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Afcom Holdings IPO in the Invest section. The other option you can apply Afcom Holdings IPO via IPO forms download via the NSE website. Check out the Afcom Holdings forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Afcom Holdings Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹13.89 | ₹19.97 | ₹4.20 |
| 2022 | ₹48.67 | ₹40.29 | ₹5.15 |
| 2023 | ₹84.90 | ₹66.75 | ₹13.59 |
| Feb 2024 | ₹134.16 | ₹103.04 | ₹23.10 |
Afcom Holdings IPO Valuation – FY2023
Check Afcom Holdings IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹7.94 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 18.53% |
| Net Asset Value (NAV): | ₹41.64 per Equity Share |
Peer Group
- NA
Company Promoters
- Capt. Deepak Parasuraman
- Mr. Kannan Ramakrishnan
- Wg. Cdr. Jaganmohan Mathena (Retd)
- Mrs. Manjula Annamalai
Afcom Holdings IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: afcomholdings.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
Afcom Holdings IPO Allotment Status
Check Afcom Holdings IPO allotment status on Link Intime website URL. Click Here
Afcom Holdings IPO Lead Managers aka Merchant Bankers
- GYR Capital Advisors Private Limited
Company Address
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 IPO FAQs
What is Afcom Holdings IPO?
Afcom Holdings IPO is an NSE SME IPO. They are going to raise ₹73.83 Crores via IPO. The issue is priced at ₹102 to ₹108 per equity share. The IPO is to be listed on BSE.
When Afcom Holdings IPO will open?
The IPO is to open on August 2, 2024 for QIB, NII, and Retail Investors.
What is Afcom Holdings IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
How to Apply the Afcom Holdings IPO?
You can apply Afcom Holdings IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
