IPO Synopsis
| Afcom Holdings Ltd |
|---|
| Registered Office: No 2 LIC Colony Radhakrishnan-,Nagar Thiruvanmiyur,Chennai-600041, Tamil Nadu |
| Tel. No: +91-98410 19204 |
| Fax No: NA |
| Email: corporate@afcomcargo.com |
| Website: https://afcomcargo.com/ |
| Initial public offer of 68,36,400 equity shares of face value of Rs. 10/- each ("Equity Shares") of Afcom Holdings Limited (the "Company" or "Afcom Holdings" or "AHL" or "Issuer") at an issue price of Rs. 108 per equity share (including a share premium of Rs. 98 per equity share) for cash, aggregating up to Rs. 73.83 crores ("Public Issue") out of which 3,54,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 108 per equity share for cash, aggregating Rs. 3.82 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 64,82,400 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 108 per equity share for cash, aggregating up to Rs. 70.01 crores is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute 27.50 % and 26.08 % respectively of the post-issue paid-up equity share capital of the company. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | |
| 02-Aug-2024 | 06-Aug-2024 | ₹108.00 - 0.00 | |
| Minimum Application for shares in Nos : 1200.0 | Further Multiples of :1200.0 |
|---|
| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 70.33 | GYR Capital Advisors Pvt Ltd |
| Project Financed through Current Offer | 73.83 | |
| Post Issue Equity Share Capital | 24.85 | |
| Issue Price | 108.00 |
| Projects |
|---|
| Funding capital expenditure towards taking of two new aircraft on lease basis |
| Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company |
| Funding of working capital requirements |
| General corporate purposes |
| Promoted By |
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| Deepak Parasuraman |
| Kannan Ramakrishnan |
| W.G.CRD Jaganmohan Manthena |
| Listing At |
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| BSE - SME |
| Registrar To The Issue |
|---|
