
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
Overall Subscription
303.11x
Total Demand
QIB Multiplier
186.23x
Institutions & Funds
NII / HNI
698.24x
High Net-Worth
Retail (RII)
202.83x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,338,000 | 249,177,600 | 186.23x |
| NIB | 973,200 | 679,522,800 | 698.24x |
| RETAIL | 2,275,200 | 461,482,800 | 202.83x |
| Total | 4,586,400 | 1,390,183,200 | 303.11x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 1,994 | 404,443 | 202.83x |
| HNIs (10L +) | 13 | 9,077 | 698.24x |
| HNIs (2-10L) | 61 | 42,593 | 698.24x |
| Total Applications | 2,068 | 456,113 | 220.56x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Afcom Holdings Limited IPO is ₹80 per equity share. Based on the upper price band of ₹102 to ₹108 per equity share, the estimated listing price is ₹188 (+74.1% expected listing gain).
With a lot size of 1200 shares and current GMP of ₹80, the expected profit per application lot is approx ₹96,000 (+74.1% gain). Minimum application cost is approx ₹1,29,600.
The Afcom Holdings Limited IPO aggregate issue size is ₹73.83 Crores with an equity price band set at ₹102 to ₹108 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,29,600.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 303.11x (Retail: 202.83x, QIB: 186.23x, NII: 698.24x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2024-08-07. Investors can verify status using PAN card or application number.
Afcom Holdings Limited shares are scheduled to list on BSE on 2024-08-09.