As of August 1, 2024, Afcom Holdings Limited IPO has a ₹115 as Grey Market Premium, with a price range of ₹102 to ₹108 per share. Offering lots of 1200 shares, the subscription window is open from August 2 to August 6, 2024.
Afcom Holdings Limited IPO GMP Today
The Grey Market Premium (GMP) for Afcom Holdings Limited is ₹115 as of August 1, 2024. This assessment coincides with a price of ₹102 to ₹108 per share for the IPO.
Afcom Holdings Limited IPO Review
Afcom Holdings Limited Ltd has shown notable financial growth, with net worth increasing from ₹2,181.65 lakhs in March 2022 to ₹10,087.71 lakhs by February 2024. This growth is supported by substantial increases in profitability and EPS, showcasing strong investor confidence.
The company’s financial health is robust, as evidenced by growing assets and a reduced debt-equity ratio. Equity and liabilities have consistently increased, reflecting expansion potential, while an improvement in RoNW to 22.90% highlights enhanced shareholder value generation.
To get a full IPO review, click here Afcom Holdings Limited IPO
Afcom Holdings Limited IPO Date
Afcom Holdings Limited will start accepting subscriptions from August 2 to August 6, 2024.
Afcom Holdings Limited IPO Price
Afcom Holdings Limited’s price range is from ₹102 to ₹108 per share with a face value of ₹10 each.
Afcom Holdings Limited
Founded in February 2013, Afcom Holdings Limited specializes in airport-to-airport cargo transport. It has GSSAs in several Asian countries and operates flights to ASEAN nations, particularly Singapore. In September 2021, it partnered with Air Logistics Group for GSSA services in far-eastern countries, and in October 2022, it appointed Taylor Logistics Private Limited as its GSSA in India.
How To Apply For Afcom Holdings Ltd IPO?
To apply for the Afcom Holdings Limited IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Afcom Holdings Limited on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the Afcom Holdings Limited IPO at Alice Blue in just a few clicks!