- 27 Aug 2024
- 1 mins read
- By: BlinkX Research Team
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'.
Table of Contents
- How to Check IPO Allotment Status?
- To check the Afcom Holdings Limited IPO allotment status on the Link Intime India website, follow these steps:
- Afcom Holdings Limited IPO Details
- Afcom Holdings IPO Timeline (Tentative Schedule)
- About the Afcom Holdings Limited IPO Company
- 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 Date | Friday, August 2, 2024 |
IPO Close Date | Tuesday, August 6, 2024 |
Basis of Allotment | Wednesday, August 7, 2024 |
Initiation of Refunds | Thursday, August 8, 2024 |
Credit of Shares to Demat | Thursday, August 8, 2024 |
Listing Date | Friday, August 9, 2024 |
Cut-off time for UPI mandate confirmation | 5 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 Ended | 29 Feb 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
Assets | 12,929.75 | 8,285.40 | 2,514.51 | 899.92 |
Revenue | 13,416.38 | 8,490.12 | 4,866.97 | 1,388.72 |
Profit After Tax | 2,310.37 | 1,358.62 | 514.80 | -420.31 |
Net Worth | 10,087.71 | 7,330.56 | 2,181.65 | -337.19 |
Reserves and Surplus | 8,285.58 | 5,570.19 | 1,931.78 | -549.95 |
Total Borrowing | 1,547.50 | 47.60 | 3.83 | 1,471.32 |
Amount in ₹ Lakhs |
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