Afcom Holdings Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 01-08-2024 | 05-08-2024 | 10 | 108 | 1200 Shares | BSE SME | 6,836,400 shares (aggregating up to ₹73.83 Cr) | 2024-08-06 18:30:00 | 2024-08-07 18:30:00 | 0000-00-00 00:00:00 | 08-08-2024 |
About The Company
Afcom Holdings IPO is a book built issue of Rs 73.83 crores. The issue is entirely a fresh issue of 68.36 lakh shares.
Afcom Holdings IPO opens for subscription on August 2, 2024 and closes on August 6, 2024. The allotment for the Afcom Holdings IPO is expected to be finalized on Wednesday, August 7, 2024. Afcom Holdings IPO will list on BSE SME with tentative listing date fixed as Friday, August 9, 2024.
Afcom Holdings IPO price band is set at ₹102 to ₹108 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹129,600. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹259,200.
GYR Capital Advisors Private Limited is the book running lead manager of the Afcom Holdings IPO, while Link Intime India Private Ltd is the registrar for the issue. The market maker for Afcom Holdings IPO is Giriraj Stock Broking.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 28-02-2024 | 12930 | 13416 | 2310 | 10087.71 | 8285.58 | 1547.5 |
| 30-03-2023 | 8285 | 8490 | 1359 | 7330.56 | 5570.19 | 47.6 |
| 30-03-2022 | 2515 | 4867 | 515 | 2181.65 | 1931.78 | 3.83 |
| 30-03-2021 | 900 | 1389 | -420 | -337.19 | -549.95 | 1471.32 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Anchor Investors | 1 |
| Qualified | 101.19 |
| Non-Institutional Buyers | 389.67 |
| Retail Investors | 308.09 |
| Total | 266.60 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | 129600 |
| Retail (Max) | 1 | 1200 | 129600 |
| HNI (Min) | 2 | 2400 | 259200 |
IPO Listing Details
| Listing Date | 08-08-2024 |
| BSE Script Code | 544224 |
| NSE Symbol | - |
| ISIN | INE0OXY01013 |
| Final Issue Price | 108 |
Promoter holdings
Deepak Parasuraman, Mr. Kannan Ramakrishnan, Wg. Cdr. Jaganmohan Mathena (Retd) and Mrs. Manjula Annamalai.
Contact Information of the Company
Afcom Holdings Limited
2, LIC Colony Dr. Radhakrishnan Nagar
Thiruvanmiyur
Chennai-600041
Phone: +91-9841019204;
Email: corporate@afcomcargo.com
Website: https://afcomcargo.com/
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
IPO Lead Manager
GYR Capital Advisors Private Limited (Past IPO Performance)
