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IPO Synopsis

Afcom Holdings Ltd
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
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