Afcom Holdings Ltd. IPO: Key Details

We have been operating Cargo Flights to the ASEAN countries, particularly to Singapore. We are led by amanagement team that has extensive industry experience. Our promoters, Capt. Deepak Parasuraman, Wg. CdrJagan Mohan Manthena, Kannan Ramakrishnan and Manjula Annamalai have been instrumental in the growth ofthe business. Capt. Deepak Parasuraman and Wg. Cdr Jaganmohan Manthena both have over three decades ofexperience in the aviation industry. Their experience in the aviation industry has helped us grow our businessoperations. Kannan Ramakrishnan has extensive experience in the Automobile retail industry. We have acommitted senior management team that has extensive experience in the Cargo logistics and forwarding business,which positions us well to capitalize on future growth opportunities. Our Board of Directors includes acombination of management executives and independent members who bring in significant business expertiseincluding in the areas of marketing, finance, and corporate governance.

Afcom Holdings Ltd. IPO Details

IPO Date August 02, 2024 to August 06, 2024
Listing Date August 09 2024
Face Value ₹10 per share
Price Band ₹102 to ₹108 per share
Lot Size 1200 Shares
Total Issue Size 4940400 Shares
Issue Type Book building
Listing At
Share holding pre issue
Share holding post issue

Afcom Holdings Ltd. IPO Promoter Holding

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Afcom Holdings Ltd. IPO Objectives

1. Funding Capital Expenditure towards taking of two new aircraft on Lease basis;2. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our company3. Funding of working capital requirement4. General Corporate Purposes5. To meet out the Issue Expenses.

Afcom Holdings Ltd. IPO Prospectus

Afcom Holdings Ltd. Lead Managers

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Afcom Holdings Ltd. IPO Contact Information

  • Sneka S Seshadri
  • Phone: +91-7305344475
  • Email: info@afcomcargo.com

Afcom Holdings Ltd. IPO Registrar

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