Today marks the start of subscriptions for Afcom Holdings’ SME IPO, which will end on August 6. The company wants to list its shares on the BSE SME platform and use the SME IPO to raise roughly Rs 74 crore. The following are the main details that prospective investors should be aware of before purchasing an issue are listed.
Afcom Holdings IPO Details (Price, GMP)
| 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 |
| IPO Open Date | Friday, August 2, 2024 |
| IPO Close Date | Tuesday, August 6, 2024 |
| Listing Date | Friday, August 9, 2024 |
Afcom Holdings IPO Financials
| FY2024 | FY2024 | |
| Assets | ₹129.30 crore | ₹82.85 crore |
| Revenue | ₹134.16 crore | ₹84.90 crore |
| Profit After Tax | ₹23.10 crore | ₹13.58crore |
| Net Worth | ₹10,087.71 | ₹73.30 crore |
| Reserves and Surplus | ₹82.86 crore | ₹55.70 crore |
| Total Debts | ₹15.47 crore | ₹47 |
How to apply for Afcom?
- You can apply for the Afcom Holdings IPO using the ASBA that is linked to your bank account. Just select the Afcom Holdings IPO under the Invest area of the online bank login and apply using your bank account.
- The alternative is to apply for the Afcom Holdings IPO by downloading the forms from the NSE website. Check out the Afcom Holdings forms by clicking the link to get the NSE IPO Forms, fill it out, and send it to your broker or bank.
About Afcom Holdings
Founded in February 2013, Afcom Holdings Limited handles freight transportation from airport to airport. General Sales and Service Agents (GSSAs) for the corporation are located in China, Taiwan, South Korea, Japan, Hong Kong, Singapore, and Thailand. With an emphasis on Singapore, they conduct cargo flights to all of the ASEAN nations, including Brunei, Indonesia, and Singapore. The business carries out airport-to-airport cargo transportation.
The company’s goal is to provide consumers with the means to manage adaptable, dependable, and durable supply chains at a more affordable price. A wide range of clients were served by them with supply chain solutions. Via various freight forwarders, the Active Customers included e-commerce marketplaces, direct-to-consumer e-tailers, businesses and SMEs in a number of verticals, including FMCG, consumer durables, consumer electronics, retail, automotive, and manufacturing, for the period ending February 29, 2024.