
Capital Goods / Infrastructure · BSE
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.
Price Band
₹102 – ₹108
Issue Size
₹73.83 Cr
Lot Size
1200 shares
GMP
+74.1%
Est. Listing
₹188
at current GMP
Subscribed
303.11x
overall
Open
2 Aug 2024
Close
6 Aug 2024
Allotment
7 Aug 2024
Refund
8 Aug 2024
Demat Credit
9 Aug 2024
Listing
9 Aug 2024
Designated Registrar: Link Intime India Private Limited
Allotment Date
7 Aug 2024
Basis finalization
Refunds Initiate
8 Aug 2024
Mandate release
Demat Credit
9 Aug 2024
Shares in demat
Listing Debut
9 Aug 2024
Trading begins
Afcom Holdings Limited is bringing an initial public offering (IPO) in the Capital Goods / Infrastructure sector with an aggregate issue size of ₹73.83 Crores. The shares are offered at a price band of ₹102 to ₹108 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,29,600 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-08-09, while un-allotted funds or UPI block mandates will be released on 2024-08-08.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.