Afcom Holdings Ltd.
Industry:
Logistics
Issue Details
Open Date
02 Aug 2024Close Date
06 Aug 2024Size (in Crs.)
53.3563
Size (Shares)
-Listing On
BSE
Issue Terms
Price Range
-6Lot Size
1200
Type
Book building
Face Value
10
Market Lot
1
Objective of the Issue
1. Funding Capital Expenditure towards taking of two new aircraft on Lease basis;2. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our company3. Funding of working capital requirement4. General Corporate Purposes5. To meet out the Issue Expenses.
Description
We have been operating Cargo Flights to the ASEAN countries, particularly to Singapore. We are led by amanagement team that has extensive industry experience. Our promoters, Capt. Deepak Parasuraman, Wg. CdrJagan Mohan Manthena, Kannan Ramakrishnan and Manjula Annamalai have been instrumental in the growth ofthe business. Capt. Deepak Parasuraman and Wg. Cdr Jaganmohan Manthena both have over three decades ofexperience in the aviation industry. Their experience in the aviation industry has helped us grow our b... Show More
Address
2, Lic Colony , Dr. Radhakrishnan Nagar , Thiruvanmiyur
Chennai
600041
State
Tamil Nadu
Phone No.
9841019204 / 044-22213333
Website
www.afcomcargo.com
Promoter Holding
Promoters:
Capt. Deepak Parasuraman, Kannan Ramakrishnan, Manjula Annamalai, Wg.Cdr. Jaganmohan Manthena
Total Share Capital
10622211
Offered to Public
6836400
% Promoter's Holding (Pre-Issue)
58.94
% Promoter's Holding (Post-Issue)
42.73
Shares on offer
Total Share Offer
10622211
Of above offred to public
6836400
Post Issue shares
NA
Post Issue Promoters
42.73
Lead Managers to the Issue:
GYR Capital Advisors Pvt Ltd.
Registrar Details
Registrar Name:
MUFG Intime India Pvt Ltd.
Address
C 101, 247 Park , LBS Marg , Vikhroli (West) , Mumbai
400083
Phone No.
-
-
Website
https://in.mpms.mufg.com/
Fax
-