Afcom Holdings IPO Date, Review, Price, Allotment Details

Afcom Holdings Limited was established in February 2013 and 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. They operate cargo flights to the ASEAN countries, including Singapore, Indonesia, and Brunei, focusing on Singapore. The company is engaged in the carriage of cargo on an airport-to-airport basis.

The company’s mission is to enable customers to operate flexible, reliable, and resilient supply chains at a better value proposition. They provided supply chain solutions to a diverse base of customers. The Active Customers such as e-commerce marketplaces, direct-to-consumer e-tailers, and enterprises and SMEs across several verticals such as FMCG, consumer durables, consumer electronics, lifestyle, retail, automotive, and manufacturing, through various Freight Forwarders for the period ended February 29, 2024. This is achieved through high-quality logistics infrastructure and network engineering, and a vast network of domestic and global partners. Together, these create intersecting flywheels that drive network synergies within and across their services and enhance their value proposition to customers.

Objects of the Issue:

• 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

Afcom Holdings IPO Review

• Apply

Afcom Holdings IPO Date & Price Band Details

Afcom Holdings IPO Market Lot

The Afcom Holdings IPO minimum market lot is 1200 shares with a ₹129,600 application amount.

Afcom Holdings IPO Dates

The Afcom Holdings IPO date is August 2 and the IPO close date is August 6. The IPO allotment date is August 7 and the IPO might list on August 9.

You can check IPO subscription status and IPO allotment status on their respective pages.

Afcom Holdings IPO Form

How to apply Afcom Holdings IPO? You can apply Afcom Holdings IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Afcom Holdings IPO in the Invest section. The other option you can apply Afcom Holdings IPO via IPO forms download via the NSE website. Check out the Afcom Holdings forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.

Afcom Holdings Company Financial Report

Afcom Holdings IPO Valuation – FY2023

Check Afcom Holdings IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• NA

Company Promoters

• Capt. Deepak Parasuraman
• Mr. Kannan Ramakrishnan
• Wg. Cdr. Jaganmohan Mathena (Retd)
• Mrs. Manjula Annamalai

Afcom Holdings IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html

Afcom Holdings IPO Allotment Status

Check Afcom Holdings IPO allotment status on Link Intime website URL. Click Here

Afcom Holdings IPO Lead Managers aka Merchant Bankers

• GYR Capital Advisors Private Limited

Company Address

Afcom Holdings Limited
2, LIC Colony Dr. Radhakrishnan Nagar
Thiruvanmiyur
Chennai-600041
Phone: +91-9841019204;
Email: [email protected]
Website: https://afcomcargo.com/

Afcom Holdings IPO FAQs