IPO Synopsis

Afcom Holdings Ltd

Registered Office: No 2 LIC Colony Radhakrishnan-,Nagar Thiruvanmiyur, Chennai - 600041, Tamil Nadu, India. Phone : +91-98410 19204   Fax: 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 Opens On Closes On 02-Aug-24 06-Aug-24 Money Payable On Application Allotment 108.00 0.00 Minimum Application for shares in Nos : 1200 Further Multiples of : 1200 Cr Lead Managers to the Issue Project Cost (.Cr) 70.33 GYR Capital Advisors Pvt Ltd Project Financed through Current Offer (.Cr) 73.83   Post Issue Equity Share Capital (.Cr) 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

Deepak Parasuraman

Kannan Ramakrishnan

W.G.CRD Jaganmohan Manthena

Listing At

BSE - SME

Registrar to the Issue

No Data Available