Afcom Holdings Limited IPO
Afcom Holdings Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹102–₹108 per share. The stock debuted at ₹205.2, delivering a listing gain of 90.0%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,29,600.
Afcom Holdings Limited IPO
- IPO Dates
- Aug 2, 2024 – Aug 6, 2024
- Price band
- ₹102-108 per equity share
- Minimum Investment
- ₹1,29,600
- Issue size
- ₹73.83 Cr
- Lot size
- 1200
- Allotment Date
- Aug 7, 2024
- Listing
- Aug 9, 2024
- Listing At
- BSE SME
IPO timeline
-
Aug 2, 2024
Open Date
Completed
-
Aug 6, 2024
Close Date
Completed
-
Aug 7, 2024
Allotment Date
Completed
-
Aug 9, 2024
Listing Date
Completed
Afcom Holdings Limited IPO Essentials
Afcom Holdings Limited IPO Details
Afcom Holdings Limited IPO is priced at ₹102-108 per share with a total issue size of 73.83 crore. The IPO has a lot size of 1200 shares and is listed on BSE SME.
- Issue price
- ₹102-108 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 6,836,400 shares(aggregating up to ₹73.83 Cr)
- Total issue size
- 68,36,400 shares
(aggregating up to ₹73.83 crore) - Fresh issue
- 68,36,400 shares
(aggregating up to ₹73.83 crore) - Listing at
- BSE SME
- List price
- 205.20
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
GYR Capital Advisors Private Limited
Market Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1200 | ₹1,29,600 |
| Retail(max) | 1 | 1200 | ₹1,29,600 |
| NII (min) | 2 | 2,400 | ₹2,59,200 |
Afcom Holdings Limited IPO Reservation
Afcom Holdings Limited IPO reservation details show category-wise allocation of shares. Out of the total 6,836,400 shares, approximately 19.57% are reserved for QIB, 14.24% for NII, 33.28% for retail investors, 5.18% for market maker, and 27.73% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1,896,000 (27.73%) | |
| Market Maker Shares Offered | 354,000 (5.18%) | |
| QIB Shares Offered | 1,338,000 (19.57%) | |
| NII (HNI) Shares Offered | 973,200 (14.24%) | |
| Retail Shares Offered | 2,275,200 (33.28%) | |
| Total Shares Offered | 6,836,400 (100%) |
Afcom Holdings Limited IPO Analytics
Afcom Holdings Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Afcom Holdings Limited IPO Subscription Status
Afcom Holdings Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,338,000 / 973,200* | 2,275,200 | 4,586,400 |
|
Day 1
02-08-24 06:00 PM
|
(0.00 / 3.36) x | 6.59 x | 3.98 x |
|
Day 2
05-08-24 06:00 PM
|
(3.49 / 44.86) x | 52.73 x | 36.69 x |
|
Day 3
06-08-24 06:00 PM
|
(186.23/ 697.88) x | 202.83 x | 303.03 x |
Afcom Holdings Limited Valuations
Earnings
- EPS Pre IPO
- ₹7.54/-
- EPS Post IPO
- ₹10.14/-
- P/E Pre IPO
- 14.33
- P/E Post IPO
- 10.65
Returns
- ROE
- 26.53%
- ROCE
- 28.30%
- RoNW
- 22.90%
- PAT Margin
- 17.28
Fundamentals
- Debt / Equity
- 0.15
- Price / Book
- 1.93
Afcom Holdings Limited Financials( In Lakhs)
| 29-Feb-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 12,929.75 | 8,285.40 | 2,514.51 |
| Revenue | 13,416.38 | 8,490.12 | 4,866.97 |
| Profit After Tax | 2,310.37 | 1,358.62 | 514.80 |
| Net Worth | 10,087.71 | 7,330.56 | 2,181.65 |
| Reserves & Surplus | 8,285.58 | 5,570.19 | 1,931.78 |
| Total Borrowing | 1,547.50 | 47.60 | 3.83 |
Afcom Holdings Limited Company & Offer Insights
About Afcom Holdings Limited
It commenced operations in February 2013. Afcom Holdings Limited engaged in cargo operation on an airport-to-airport basis. The organization has General Sales and Service Agents (GSSAs) both in India and Hong Kong and Singapore and Thailand and Japan, South Korea and China and Taiwan.
The business of the Company operates cargo flight to ASEAN countries such as Singapore, Indonesia, and Brunei with prime focus on Singapore.
On 24 September 2021, the company signed an agreement with the Air Logistics Group, a division of World Freight Company, which is a global leader in the cargo sales and service business. The Air Logistics group will act as the Company's General Sales and Service Agent (GSSA) in far-eastern countries. In addition, on 13 October 2022, the company agreed with Taylor Logistics Private Limited, a part of the TTK Group, to serve as the GSSA in India.
As of February 29, 2024, the company has 47 employees, out of which there are 21 crews. These include 10 captains, 6 first officers, 3 Transition Captains, and 2 Trainee First Officers.
Afcom Holdings Limited Promoter(s)
Capt. Deepak Parasuraman, Mr. Kannan Ramakrishnan, Wg. Cdr. Jaganmohan Mathena (Retd), Mrs. Manjula Annamalai are the company's promoters of Afcom Holdings Limited.
Afcom Holdings Limited IPO Issue Objectives
- •
- 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
Contact Information
Contact Details
Afcom Holdings Limited
+91-9841019204
2, LIC Colony Dr. Radhakrishnan Nagar, Thiruvanmiyur, Chennai-600041
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
Afcom Holdings Limited IPO is a book-built IPO worth ₹73.83 crore. The price band is ₹102–₹108 per share. The IPO opens on Aug 2, 2024 and closes on Aug 6, 2024. It will be listed on BSE SME Platform. Link Intime India Private Ltd is the registrar.
The price band of Afcom Holdings Limited IPO is ₹102 to ₹108 per share.
The lot size of Afcom Holdings Limited IPO is 1200 shares.
The minimum investment for Afcom Holdings Limited IPO is approximately ₹1,29,600 based on the upper price band .
Afcom Holdings Limited IPO opens on Aug 2, 2024 and closes on Aug 6, 2024.
The allotment date of Afcom Holdings Limited IPO is Aug 7, 2024.
Afcom Holdings Limited IPO is expected to be listed on Aug 9, 2024, on BSE SME Platform.
Afcom Holdings Limited IPO valuation snapshot: P/E 10.65, EPS ₹10.14/-, P/B 1.93, RoNW 22.90%, and market cap N/A.
To apply for Afcom Holdings Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Afcom Holdings Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Afcom Holdings Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Afcom Holdings Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Afcom Holdings Limited IPO allotment status on IPO Ji for quick and easy access.