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Afcom Holdings Ltd.

Afcom Holdings Ltd.

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹108
₹108
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹108
Based on GMP
Min. Investment
₹129,600
1 lot × 1200 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
02 Aug 2024
Close Date
06 Aug 2024
Allotment
07 Aug 2024
Listing Date
09 Aug 2024
Exchange
BSE SME
Price Band
₹108
Listing Price
See chart
Allotment Status
Price Band
₹108
Per share
Face Value
₹10 per share
 
Lot Size
1,200 Shares
per lot
Issue Size
68,36,400 shares (aggregating up to ₹73.83 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹129,600
1 lot
Pre-IPO Holding
1,80,21,306 shares
Promoters
Post-IPO Holding
2,48,57,706 shares
Promoters
P/E (Pre)
14.33x
 
P/E (Post)
10.65x
 
EPS (Pre)
₹7.54
 
EPS (Post)
₹10.14
 
UPI Deadline
2024-08-06
Mandate
Anchor AllotmentThu, 01 Aug 2024
Basis of AllotmentWed, 07 Aug 2024
Refund InitiationThu, 08 Aug 2024
Demat CreditThu, 08 Aug 2024
Listing DayFri, 09 Aug 2024
UPI Mandate Deadline2024-08-06
Sale TypeFresh Capital
Net Offer to Public64,82,400 shares (aggregating up to ₹70.01 Cr)
Market Maker Quota3,54,000 shares (aggregating up to ₹3.82 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Afcom Holdings Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 06 Aug 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
354,000
₹3.82
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
6,836,400
100% ₹73.83
IPO Shares Offered
Afcom Holdings Ltd. IPO total issue size: ₹73.83 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 354,000 ₹3.82
5.18%
Total 6,836,400 ₹73.83
100.00%
* Based on upper price band ₹108 per share
Lot Size & Investment
Lot Size
1,200
Shares per Lot
Issue Price
₹108.00
Upper Band
Min Investment
₹129,600
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)22,400₹259,200
Retail (Max — 13 Lots)1315,600₹1,684,800
S-HNI (Min — 14 Lots)1416,800₹1,814,400
B-HNI (Min — 68 Lots)6881,600₹8,812,800
* Issue Price ₹108 × Lot Size 1,200 shares
IPO Schedule
Anchor
01 Aug 2024
✓ Done
IPO Open
02 Aug 2024
✓ Done
IPO Close
06 Aug 2024
✓ Done
Allotment
07 Aug 2024
✓ Done
Refunds
08 Aug 2024
✓ Done
Demat Credit
08 Aug 2024
✓ Done
Listing Day
09 Aug 2024
✓ Done
Afcom Holdings Ltd. — Live Price LIVE
₹108.00
INR · BSE
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Issue ₹108.00 Live Price
About Afcom Holdings Ltd.
Incorporated in Feburary 2013, Afcom Holdings Limited 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.The company operates cargo flights to the ASEAN (Association of Southeast Asian Nations) countries, including Singapore, Indonesia, and Brunei, with a focus on Singapore.The company signed an agreement on 24 September 2021 with the Air Logistics Group, a division of World Freight Company, 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. Additionally, 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, including 21 crews. Among them, they have 10 captains, 6 first officers, 3 Transition Captains, and 2 Trainee First Officers.
Objects of the Issue
1
Funding Capital Expenditure towards taking of two new aircraft on Lease basis;
2
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company
3
Funding of working capital requirement
4
General Corporate Purposes
5
To meet the Issue Expenses
Afcom Holdings Ltd. Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹4,867.0
31 Mar 2022
₹8,490.1
31 Mar 2023
₹13,416.4
29 Feb 2024
Profit After Tax (PAT)
₹514.8
31 Mar 2022
₹1,358.6
31 Mar 2023
₹2,310.4
29 Feb 2024
Particulars29 Feb 202431 Mar 202331 Mar 2022
Revenue from Operations 13416.38 8490.12 4866.97
EBITDA N/A N/A N/A
Profit After Tax (PAT) 2310.37 1358.62 514.80
Net Worth 10087.71 7330.56 2181.65
Total Assets 12929.75 8285.40 2514.51
Reserves & Surplus 8285.58 5570.19 1931.78
Borrowings 1547.50 47.60 3.83
EBITDA Margin (%) N/A
PAT Margin (%) 17.28%
P/BV Ratio
1.93
RoE
26.53%
RoCE
28.30%
RoNW
22.90%
PAT Margin
17.28%
Debt/Equity
0.15
Issue Structure & Shareholding
Total Shares Offered68,36,400 (100.00%)
Net Offer to Public64,82,400 shares (aggregating up to ₹70.01 Cr)
Reserved for Market Maker3,54,000 shares (aggregating up to ₹3.82 Cr)
Pre-Issue Promoter Holding1,80,21,306 shares
Post-Issue Promoter Holding2,48,57,706 shares
P/BV Ratio1.93
RoE26.53%
RoCE28.30%
Debt / Equity0.15
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
GYR Capital Advisors Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Afcom Holdings Ltd. IPO subscribed?

Afcom Holdings Ltd. IPO is subscribed 1.00 times by Aug 06, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Afcom Holdings Ltd. IPO retail subscription status?

The Afcom Holdings Ltd. IPO retail category is subscribed 1.00 times as of 06 Aug 2024. The retail portion is oversubscribed.

How to subscribe Afcom Holdings Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 02 Aug 2024 and closes 06 Aug 2024. Min investment: ₹129,600 (1 lot = 1,200 shares). UPI mandate: 2024-08-06.

How many times Afcom Holdings Ltd. IPO subscribed?

The Afcom Holdings Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Afcom Holdings Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 07 Aug 2024. Refunds: on 08 Aug 2024.

When Afcom Holdings Ltd. IPO will be listed?

The Afcom Holdings Ltd. IPO listing date is 09 Aug 2024, Friday. Listed on: BSE SME. Issue price: ₹108. Estimated listing: ₹108. GMP: NIL.

When Afcom Holdings Ltd. IPO close?

The Afcom Holdings Ltd. IPO closes on 06 Aug 2024, Tuesday. UPI mandate: 2024-08-06. Allotment: 07 Aug 2024. Listing: 09 Aug 2024.