Affle 3i Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Affle 3i Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offering of 6,161,073* equity shares of face value of Rs.10 each ("equity shares") of Affle (India) Limited (the "company" or the "issuer") for cash at a price of Rs. 745 per equity share including a share premium of Rs. 735 per equity share (the "offer price"), aggregating to ` 459* crores (the "offer") comprising a fresh issue of 1,208,053* equity shares by the company aggregating to Rs. 90 crores (the "fresh issue") and an offer for sale of 4,953,020 equity shares aggregating to Rs. 369* crores by Affle Holdings Pte Ltd. The offer constitutes 24.2% of the post-offer paid-up equity share capital of the company. The anchor investor offer price is Rs. 745 per equity share. * subject to finalisation of the basis of allotment. The face value of the equity share is Rs. 10 each. The offer price is 74.5 times the face value of the equity shares.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- There are outstanding litigations against Company, its corporate Promoter, its individual Promoter and certain of its Directors and any adverse outcome in any of these litigations could have an adverse impact on its business, results of operations, cash flows and financial condition.
- Company had negative cash flow generated from investing activities for Fiscal 2019 on a consolidated basis. it had negative cash flow generated from investing and financing activities for Fiscal 2019, 2018 and 2017 on an unconsolidated basis and it may experience negative cash flows in the future.
- Company do not own any of the properties from which it operate. If it is unable to renew its current leases or if it renew them on terms which are detrimental to Company, it may suffer a disruption in its operations or increased relocating costs, or both, which could adversely affect its business, results of operations, cash flows and financial condition.
- Company's Statutory Auditors have included an emphasis of matter and certain modifications to the information required to be disclosed pursuant to the Companies (Auditor's Report) Order, 2015, as applicable
- If Company ability to collect significant amounts of data from various sources is restricted by consumer choice, restrictions imposed by customers, publishers and browsers or other software developers, or changes in technology it may have a material adverse effect on its business, results of operations, cash flows and financial condition.