Afcom Holdings Limited IPO Allotment Status

Afcom Holdings Limited IPO Allotment Status

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The subscription period for Afcom Holdings' initial public offering (IPO) commenced on August 2, 2024, and ended on August 6, 2024. On Wednesday, August 7, 2024, the allocation for the Afcom Holdings IPO was completed. The tentative listing date for Afcom Holdings initial public offering (IPO) was on Friday, August 9, 2024, on the BSE SME. The pricing range for Afcom Holdings' IPO is ₹102 to ₹108 per share. An application must have a minimum lot size of 1200 shares. Retail investors are required to invest a minimum of ₹129,600. The registrant for the Afcom Holdings IPO is Link Intime India Private Ltd, and the book-running lead manager is GYR Capital Advisors Private Limited.
 

How to Check IPO Allotment Status?

To check the Afcom Holdings IPO allotment status:

  • Visit the NSE website.
  • Choose 'Equity' under the Issue Type.
  • Select 'Afcom Holdings' from the dropdown menu.
  • Enter your Application Number or PAN.
  • Complete the captcha verification by clicking on 'I am not a Robot', then click 'Submit'.
     

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Table of Contents

  1. How to Check IPO Allotment Status?
  2. To check the Afcom Holdings Limited IPO allotment status on the Link Intime India website, follow these steps:
  3. Afcom Holdings Limited IPO Details
  4. Afcom Holdings IPO Timeline (Tentative Schedule)
  5. About the Afcom Holdings Limited IPO Company 
  6. Financial Performance of Afcom Holdings Limited

To check the Afcom Holdings Limited IPO allotment status on the Link Intime India website, follow these steps:

  • Step 1: Visit the IPO registrar's website, Link Intime India.
  • Step 2: From the Select Company dropdown menu, choose 'Afcom Holdings’.
  • Step 3: Select your preferred identification option from PAN, Application Number, DP/Client ID, or Account Number/IFSC.
  • Step 4: Enter the corresponding details based on your selection.
  • Step 5: Click on the 'Submit' button.

Your Afcom Holdings allotment status will then be displayed on the screen. 
 

Afcom Holdings Limited IPO Details

Parameter

Value

IPO Date

August 2, 2024 to August 6, 2024

Listing Date

August 9, 2024

Face Value

₹10 per share

Price Band

₹102 to ₹108 per share

Lot Size

1200 Shares

Total Issue Size

6,836,400 shares

(aggregating up to ₹73.83 Cr)

Issue Type

Book Built Issue IPO

Listing At

BSE SME

 

Afcom Holdings IPO Timeline (Tentative Schedule)

Afcom Holdings IPO opens on August 2, 2024, and closes on August 6, 2024.

IPO Open DateFriday, August 2, 2024
IPO Close DateTuesday, August 6, 2024
Basis of AllotmentWednesday, August 7, 2024
Initiation of RefundsThursday, August 8, 2024
Credit of Shares to DematThursday, August 8, 2024
Listing DateFriday, August 9, 2024
Cut-off time for UPI mandate confirmation5 PM on August 6, 2024

 

About the Afcom Holdings Limited IPO Company 

Established in February 2013, Afcom Holdings Limited specializes in providing cargo transportation services, primarily on an airport-to-airport basis. The company has developed a robust network of General Sales and Service Agents (GSSAs) across several key markets, including India, Hong Kong, Singapore, Thailand, Japan, South Korea, China, and Taiwan.

Afcom Holdings operates its cargo flights within the ASEAN (Association of Southeast Asian Nations) region, with a particular emphasis on routes to Singapore, Indonesia, and Brunei. This strategic focus allows the company to cater to the growing demand for efficient cargo transportation within Southeast Asia.
 

Financial Performance of Afcom Holdings Limited

Period Ended29 Feb 202431 Mar 202331 Mar 202231 Mar 2021
Assets12,929.758,285.402,514.51899.92
Revenue13,416.388,490.124,866.971,388.72
Profit After Tax2,310.371,358.62514.80-420.31
Net Worth10,087.717,330.562,181.65-337.19
Reserves and Surplus8,285.585,570.191,931.78-549.95
Total Borrowing1,547.5047.603.831,471.32

Amount in ₹ Lakhs

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