STOCK BROKER REVIEW | INVESTING | UPCOMING IPO | ALGO TRADING | TECHNICAL ANALYSIS

Afcom Holdings Limited IPO Date, Price, Review and Details

 

Get Real-Time Updates on stock market trends and news

Get updates on stock market, Stock related news, Algo Trading, learn profitable strategies.

Join WhatsApp Channel

Afcom Holdings Limited IPO

August 02, 2024 - August 06, 2024 Closed

­­Afcom Holdings Limited IPO

Afcom Holdings Limited is engaged in starting and manage a business that operates various types of aircraft, including airplanes, seaplanes, helicopters, and others, for transporting passengers, goods, and mail both within the country and internationally, following the applicable laws. The business will also act as agents for bookings, travel, cargo, and related services. AFCOM HOLDINGS Limited serves destinations in ASEAN countries. They focus on the air transport industry, offering personalized services at competitive rates to enhance the customer experience.

Company Promoters:

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

Objects of this Issue:

·       Funding Capital Expenditure towards taking of two new aircraft on a Lease basis.
·       Prepayment or repayment of all or a portion of certain outstanding borrowings availed by their company.
·       Funding of working capital requirement.
·       General Corporate Purposes
·       To meet out the Issue Expenses

Financial Information of the Company:

 Particular

Amount in Lakhs (Rs.)

As on 31 March 2023

As on 30 March 2022

As on 31 Mar 2021

Total Assets

8,285.40

2,514.51

899.92

Total Liabilities

2,715.21

582.73

349.97

Net Profit

1,358.62

514.80

(420.31)

Afcom Holdings Limited IPO Schedule

1.     Bid or Offer Opens on: 02 August 2024
2.     Bid or Offer Closes on: 06 August 2024
3.     Finalization of BoA: 07 August 2024
4.     Initiation of Refunds: 08 August 2024
5.     Credit of shares to Demat account: 08 August 2024
6.     Listing Date: 09 August 2024

Afcom Holdings Limited IPO Lot Size

The market lot size of Afcom Holdings Limited IPO is 2,400 shares. The minimum and maximum order quantity is as follows:

Application

Lots

Shares

Amount

Minimum

1

  1200

₹129,600

Maximum

1

  1200

₹129,600

S-HNI(Minimum)

2

  2,400

₹259,200

Company Contact Details:

2, LIC Colony Dr. Radhakrishnan Nagar,

Thiruvanmiyur, Chennai, Tamil

Nadu, India, 600041

Phone: +91-7305344475

Email: info@afcomcargo.com

Website: https://afcomcargo.com

 

Afcom Holdings Limited IPO Registrar Details:

LINK INTIME INDIA PRIVATE LIMITED

C-101, 1st Floor, 247 Park, Lal Bahadur Shashtri Marg,

Vikhroli (West), Mumbai – 400 083, Maharashtra, India

Telephone: 022 - 6263 8200

Email: afcomholdings.ipo@linkintime.co.in

Website: www.linkintime.co.in


Frequently Asked Question

Post-issue shareholding of the af holdings ltd promoter is [.]%.
The face value of Afcom Holdings Limited IPO is ₹10 per share.
If you do not get the allotment of on afcom holdings pvt ltd, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Afcom Holdings Limited IPO shares will get listed on August 09, 2024.
Pre-issue shareholding of the afcom technologies inc promoter is 58.94%.
You will receive on Afcom Holdings Limited IPO shares in your Demat account on August 07, 2024, if allotted.
Lot size of the Afcom Holdings Limited IPO is 1200 shares.
Afcom Holdings Limited IPO share price Shares will be listed at BSE SME.
The meaning of " Afcom Holdings Limited IPO " is the Grey Market Premium (GMP) for the initial public offering (IPO) of Afcom Holdings Limited IPO on the current day.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in quest laboratories private limited using any neatest method at your convenience.
Funds raised through the IPO will be used for various purposes, including expanding business operations, investing in new technologies, reducing debt, meeting working capital requirements, and other general corporate purposes. Detailed usage of funds will be outlined in the prospectus.
Opening date of Afcom Holdings Limited IPO is August 02, 2024.
Afcom Holdings Limited IPO Products share price ₹102 to ₹108 per share.
Afcom Holdings Limited IPO share price Shares will be listed at BSE SME.
Closing date of Afcom Holdings Limited IPO is August 06, 2024.
Comments for Afcom Holdings Limited IPO Date, Price, Review and Details

0 comments