IPO SnapShot

Afcom Holdings Ltd.
Issue Open Date 02-Aug-24  
Issue Closing Date 06-Aug-24  
Application Money 100  
Allotment Money  
Price Band (Rs.) 102 - 108  
Minimum Bid Quantity. 1200  
Issue Size (Shares) 4940400  
Market Lot 1  
Objective :

1. Funding Capital Expenditure towards taking of two new aircraft on Lease basis;2. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our company3. Funding of working capital requirement4. General Corporate Purposes5. To meet out the Issue Expenses.

Business Description

We have been operating Cargo Flights to the ASEAN countries, particularly to Singapore. We are led by amanagement team that has extensive industry experience. Our promoters, Capt....

Promoter's Holding
Total Share Capital   10622211  
Offered to Public   6836400  
Promoter's Holding (Pre-Issue)   58.94  
Promoter's Holding (Post-Issue)   42.73  
Address
2
Lic Colony
Dr. Radhakrishnan Nagar
Thiruvanmiyur
Chennai ,
Tamil Nadu ,
600041
Phone : 9841019204 / 044-22213333
Email : corporate@afcomcargo.com / info@afcomcargo.com
Website : www.afcomcargo.com
Registrar
MUFG Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
Listed at
BSE
Lead Manager
GYR Capital Advisors Pvt Ltd.
Promoters
Capt. Deepak Parasuraman
Kannan Ramakrishnan
Manjula Annamalai
Wg.Cdr. Jaganmohan Manthena