Afcom Holdings Limited
listed
₹1.22LMin. investment
Afcom Holdings Limited IPO Details
Issue size
₹73.83Cr
IPO type
SME
Price range
₹102 – ₹108
Listing date
9 Aug 2024
Lot size
1200 shares
RHP/DRHP
Read
Price range₹102 – ₹108
IPO type
SME
Lot size1200 shares
Issue size₹73.83Cr
RHP/DRHP
Read
Afcom Holdings Limited Timeline
- Bid start2 Aug 2024
- Bid end6 Aug 2024
- Allotment4 Aug 2024
- Release of funds8 Aug 2024
- Demat transfer7 Aug 2024
- Listing9 Aug 2024
About Afcom Holdings Limited
Incorporated in Feburary 2013, Afcom Holdings Limited excels in providing specialized cargo transport solutions with a focus on airport-to-airport connectivity. Guided by core values such as customer-first, service excellence, and innovation, the company leverages its extensive network and cutting-edge solutions to address complex supply chain challenges. By emphasizing people-centricity and reliability, Afcom Holdings ensures that its offerings enhance last-mile connectivity, helping customers navigate logistical obstacles with greater efficiency and effectiveness.
Afcom Holdings operational model is built on fostering growth through strategic partnerships and systemic collaboration. Afcom Holdings' commitment to efficiency is evident in its use of advanced infrastructure and technology, which not only drives cost savings but also boosts customer competitiveness. Operating through General Sales and Service Agents (GSSAs) in key international markets, including India, Hong Kong, and Singapore, Afcom Holdings extends its reach to ASEAN countries, offering reliable and flexible air cargo services tailored to diverse customer needs across various industries, from e-commerce to automotive.
At the core of Afcom Holdings' success is its sophisticated air cargo handling equipment and logistics infrastructure, pivotal for the swift and efficient movement of goods globally. As e-commerce and international trade continue to expand, the company's investment in advanced and automated handling technologies ensures that cargo flow remains seamless and responsive. With a seasoned senior management team and a robust board of directors, Afcom Holdings is well-positioned to leverage its expertise and infrastructure to capture future growth opportunities and deliver exceptional value to its customers.
Afcom Holdings Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives:
- Funding Capital Expenditure towards taking of two new aircraft on Lease basis;
- Prepayment of all or a portion of certain outstanding borrowings
- Funding of working capital requirement
- General Corporate Purposes
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Afcom Holdings Limited Contact Details
Company NameAfcom Holdings Limited
How to apply for Afcom Holdings Limited?
- Step 1
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- Step 2
Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3
Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4
Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.