Afcom Holdings Limited is launching an IPO with a fresh issue of 68.36 lakh shares worth INR 73.83 crores to lease aircraft, repay debt, and fund working capital.
Open Date : August 2, 2024 Close Date : August 6, 2024 Allotment Date: August 7, 2024 Listing Date: August 9, 2024
IPO Price: INR 102-108 per share Lot Size: 1200 Shares Total Issue Size: INR 73.83 crores
Afcom Holdings Ltd Analysis shows mixed performance: 1. Revenue: Strong growth. 2. Equity & Liabilities: Increase, indicating expansion. 3. Profitability & EPS: Improvement. 4. RoNW: Decrease, Liquidity: Weakens. 5. Inventory Turnover: Suggests management challenges.
No listed Indian companies have a business model similar to Afcom Holdings Limited, so no industry comparisons are available.
Afcom Holdings Limited aims to fund capital expenditure for leasing two aircraft, prepay or repay borrowings, and support working capital requirements.
Afcom Holdings IPO risks: 1. Legal Issues: Negative publicity risk 2. Revenue Dependency: Reliance on top customers. 3. Operational Disruptions: Weather delays impacting deliveries.