Listed Price₹205.20
Listing Gain+90.00%
Price Band₹102 - ₹108
Lot Size1,200 shares
Min Bid₹1,29,600
Subscription303.11x
Listed Market Snapshot
₹205.20Listed price from market data
+90.00%listing gain
Issue Amount
₹73.83 Cr
Listed Price
₹205.20
Current Price
₹1186.15
Registrar
Link Intime India Private Limited
Timeline•Bookbuilding IPO
Open02 Aug 2024
Close06 Aug 2024
Allotment07 Aug 2024
Listing09 Aug 2024
Quota Reservation Portions
RetailPortion: 22,75,200 shares
33.28%Nii (hni) Portion: 9,73,200 shares
14.24%AnchorPortion: 18,96,000 shares
27.73%QIBPortion: 13,38,000 shares
19.57%Market MakerPortion: 3,54,000 shares
5.18%Minimum Application Bracket Matrix
Retail1 lots / 1,200 shares
₹1,29,600HNI2 lots / 2,400 shares
₹2,59,200About the Company
Afcom Holdings Limited, founded in February 2013, specializes in airport-to-airport cargo transportation and has established General Sales and Service Agents (GSSAs) across India, Hong Kong, Singapore, Thailand, Japan, South Korea, China, and Taiwan. The company focuses on cargo flights to ASEAN countries, particularly Singapore, Indonesia, and Brunei. Afcom collaborates with Air Logistics Group for far-eastern operations and Taylor Logistics Private Limited in India. As of February 2024, the company employs 47 people, including 21 crew members, ensuring smooth cargo operations across its key markets.
Company Promoters
Capt. Deepak ParasuramanMr. Kannan RamakrishnanWg. Cdr. Jaganmohan Mathena (Retd)Mrs. Manjula Annamalai
Lead Managers
Registrar
Link Intime India Private Limited