Afcom Holdings IPO

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.

Important Details

Open Date : August 2, 2024 Close Date : August 6, 2024 Allotment Date: August 7, 2024 Listing Date: August 9, 2024

Important Details

IPO Price: INR 102-108 per share Lot Size: 1200 Shares Total Issue Size: INR 73.83 crores

Fundamental Analysis

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.

Peer Comparison

No listed Indian companies have a business model similar to Afcom Holdings Limited, so no industry comparisons are available.

Objective

Afcom Holdings Limited aims to fund capital expenditure for leasing two aircraft, prepay or repay borrowings, and support working capital requirements.

Risks And Challenges

Afcom Holdings IPO  risks: 1. Legal Issues: Negative publicity risk 2. Revenue Dependency: Reliance on top customers. 3. Operational Disruptions: Weather delays impacting deliveries.