64  Total SME IPOs listed in 2025

2,716.42 Crs.  Total funds raised in 2025

43  SME IPOs listed with Gain in 2025

21  SME IPOs listed with loss in 2025

64  Total SME IPOs listed in 2025

2716.42 Crs.  Total funds raised in 2025

43  SME IPOs listed with Gain in 2025

21  SME IPOs listed with loss in 2025

64  Total SME IPOs listed in 2025

2716.42 Crs.  Total funds raised in 2025

43  SME IPOs listed with Gain in 2025

21  SME IPOs listed with loss in 2025

64  Total SME IPOs listed in 2025

2716.42 Crs.  Total funds raised in 2025

43  SME IPOs listed with Gain in 2025

21  SME IPOs listed with loss in 2025

Afcom Holdings Limited IPO (Afcom Holdings IPO) Details

Afcom Holdings Limited is an Logistics based company, located in Chennai, Afcom Holdings Limited IPO size was 73.83 Cr. and was issued at 108.00 per share. The share of Afcom Holdings Limited were listed at 215.45 per share and are currently trading at 752.05 per share.

Type :
Sub Sector : Transporting Cargo On An Airport-to-airport Basis
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
146.36 Cr.

PAT :
25.20 Cr.

Pricing Report

Issue Price :
108.00

Listing Price :
215.45

Current Market Price :
752.05

Issue Price vs CMP :
644.05 (596.34%)

listing Price vs CMP :
536.6 (249.06%)

Performance Report (CAGR* wise)

CAGR : 1100.62
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Afcom Holdings

Company Information
Afcom Holdings Limited , originally incorporated in 2013 as Afcom Holdings Private Limited, was founded by Capt. Deepak Parasuraman, an aviation industry veteran with the vision to start a cargo airline business. After complying with the necessary regulations, the company obtained the NOC from the Ministry of Civil Aviation, India, in 2017, enabling it to operate cargo airlines. The company has since been operating cargo flights to ASEAN countries, particularly Singapore. Led by a management team with extensive industry experience, including promoters Capt. Deepak Parasuraman, Wg. Cdr Jagan Mohan Manthena, Kannan Ramakrishnan, and Manjula Annamalai, the company has grown significantly. Capt. Parasuraman and Wg. Cdr Manthena, with over three decades of aviation experience, have played a key role in the company's development, while Kannan Ramakrishnan
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Object of Issue
  • 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 requirement
  • General Corporate Purposes
  • To meet the Issue Expenses

Afcom Holdings SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Aug, 2024
IPO Size :
73.83 Cr.
Market Cap :
268.46 Cr.   
IPO Subscription :
303.03 X     
PE Multiple :
10.65
IPO Registrar:
Link Intime India Private Limited
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FAQs

Afcom Holdings operates in Logistics and Transporting Cargo On An Airport-to-airport Basis. The Issue is listed on BSE SME in Aug, 2024. Afcom Holdings IPO size was 73.83 Cr. with Issue price of 108.00 .

Afcom Holdings IPO subscription was 303.03 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Afcom Holdings IPO listed at a listing price of 215.45 against the offer price of 108.00.

The current market price of Afcom Holdings is 752.05.

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