Afcom Holdings Limited

  • Minimum Investment
    ₹1,22,400
  • Price Range
    ₹102 - ₹108
  • Issue Size
    ₹73.83 Cr
  • Lot Size
    1200 shares

This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.

Proceeds of this IPO to be used for

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 the company

 Funding of working capital requirement

General corporate purposes

To meet issue expenses

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Afcom Holdings Limited

Well equipped to handle hazardous cargo

The company is well equipped to handle hazardous cargo, which is highly specialised, regulated and requires approvals from the Directorate General of Civil Aviation (DGCA), as well as strict adherence to international safety standards.

Early-mover advantage

It operates in a highly regulated industry that requires considerable expertise and experience to qualify to carry out business. The company has achieved an early-mover advantage in this area and has all the necessary clearances, infrastructure, and operational background.

Dependent on few customers

A majority of its revenue from operations is contributed by its top five customers. Any loss of business from one or more of them may adversely affect revenues and profitability.

Licenses disapproval

The company requires certain approvals and licenses in the ordinary course of business and the failure to successfully obtain/renew such registrations would adversely affect its operations and financial condition.

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Income Statement

Also called a Profit & Loss statement, an Income Statement shows how a company has performed financially over a specific accounting period. It focuses on revenue, expenses, profits, and losses.
Created with Highcharts 11.0.0RevenueNet IncomeProfit Margin-30.0030.060.090.0-3600%-2400%-1200%0%1200%
Mar 2020Mar 2021Mar 2022Mar 2023
Particulars (In Cr)Mar 2023Y/Y Change
Operating Revenue84.39+73.71%
Other Income0.00--
Total Income84.39+73.71%
Total Expenditure66.19+64.05%
EBIDT18.54+88.83%
Depreciation0.06+20.13%
Interest0.28-81.87%
Tax4.51+799.20%
Net Profit13.70+77.11%

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
Created with Highcharts 11.0.0Total AssetsTotal LiabilitiesTotal Debt to Equity025.050.075.0100.0-1200%-800%-400%0%400%
Mar 2020Mar 2021Mar 2022Mar 2023
Particulars (In Cr)Mar 2023Y/Y Change
Total Current Assets69.85+181.50%
Total Non-Current Assets13.00+4810.27%
Fixed assets12.48+4613.10%
Total assets82.85+230.37%
Total Current Liabilities9.41+203.71%
Total Non-Current Liabilities0.10+164.03%
Total Capital Plus Liabilities82.85+230.37%
Total Shareholder Funds73.34+237.33%
Total Debt to Equity0.01+276.47%

Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Created with Highcharts 11.0.0OperatingInvestingFinancing-60.0-30.0030.060.0
Mar 2020Mar 2021Mar 2022Mar 2023
Particulars (In Cr)Mar 2023Y/Y Change
Cash from Operating Activity-33.31+577.93%
Cash from Financing Activities52.27+870.95%
Cash from Investing Activities-12.77+29608.60%
Net Cash Flow6.18+1350.16%

About Afcom Holdings Limited

Afcom Holdings was incorporated on 15 February 2013. The company is engaged in the carriage of cargo on an airport-to-airport basis. It has been operating Cargo Flights to the ASEAN countries like Singapore, Indonesia, and Brunei, particularly to Singapore.
  • Promoter
    Deepak Parasuraman
  • Promoter
    Kannan Ramakrishnan
  • Promoter
    Jaganmohan Mathena
  • Promoter
    Manjula Annamalai

Afcom Holdings Limited IPO FAQs

What is Afcom Holdings Limited IPO?

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Afcom Holdings Limited IPO refers to the initial public offering of shares by Afcom Holdings Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Afcom Holdings Limited IPO?

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For Afcom Holdings Limited IPO the issue size is ₹74 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Afcom Holdings Limited IPO?

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For Afcom Holdings Limited IPO the minimum investment is ₹1,22,400. The minimum investment for Afcom Holdings Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Afcom Holdings Limited IPO?

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For Afcom Holdings Limited IPO the lot size is 1200 shares. The lot size of Afcom Holdings Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Afcom Holdings Limited IPO on Share.Market?

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To apply for Afcom Holdings Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Afcom Holdings Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Afcom Holdings Limited IPO?

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Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Afcom Holdings Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

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The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

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You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Afcom Holdings Limited IPO?

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For Afcom Holdings Limited IPO the allotment date is August 7, 2024. The allotment date of Afcom Holdings Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Afcom Holdings Limited IPO?

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For Afcom Holdings Limited IPO, the subscription opens on August 2, 2024 and closes on August 6, 2024. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Closed
2 Aug - 6 Aug
Total Subscription
283.67x Oversubscribed
Bidding Closed
2 Aug - 6 Aug
Total Subscription
283.67x Oversubscribed