31 Mar 2021
Assets9.00
Total Income13.89
Profit After Tax-4.20
NET Worth-3.37
Reserves and Surplus-5.50
Total Borrowing14.71
At a glance
Updated 2026-08-24The shares listed at ₹205.20, a 90.00% move from the issue price. Afcom Holdings is a SME IPO with an issue size of ₹73.83 crore, proposed for listing on BSE SME. The offer opens on 2nd Aug 2024 and closes on 6th Aug 2024. The issue structure includes a fresh issue of ₹70.01 crore. The current listing schedule points to 9th Aug 2024.
Issue details
Listing atBSE SME
Issue typeBook Build Issue
Issue size₹73.83 Cr
Fresh issue₹70.01 Cr
Face value₹10
Price band₹102.00–₹108.00
Allotment7th Aug 2024
Listing9th Aug 2024
Listing performance
Full performance ↗Issue price₹108.00
Listing price₹205.20
Current price—
Listing gain90.00%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹80.00
GMP / upper price74.07%
Est. listing₹188.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens2nd Aug 2024
Closes6th Aug 2024
Allotment7th Aug 2024
Refund8th Aug 2024
Demat8th Aug 2024
Listing9th Aug 2024
Subscription demand
Full bidding ↗Total303.03×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1200 | ₹129,600 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding Capital Expenditure towards taking of two new aircraft on lease basis | ₹42.80 Cr |
| Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our company | ₹10.00 Cr |
| Funding of working capital requirement | ₹8.00 Cr |
| General Corporate Purposes | ₹9.53 Cr |
Financials
Full financials ↗31 Mar 2022
Assets25.15
Total Income48.67
Profit After Tax5.15
NET Worth21.82
Reserves and Surplus19.32
Total Borrowing0.04
31 Mar 2023
Assets82.85
Total Income84.90
Profit After Tax13.59
NET Worth73.31
Reserves and Surplus55.70
Total Borrowing0.48
29 Feb 2024
Assets129.30
Total Income134.16
Profit After Tax23.10
NET Worth100.88
Reserves and Surplus82.86
Total Borrowing15.48
Trend chart₹ crore
KPIs
| KPI | Feb 29, 2024 |
|---|---|
| ROE | 26.53% |
| ROCE | 28.30% |
| Debt / Equity | 0.15% |
| RoNW | 22.90% |
| PAT Margin | 17.28% |
| Price to Book Value | 1.93 |
Valuation & shareholding
Pre-IPO EPS7.54
Post-IPO EPS10.14
Pre-IPO P/E14.33
Post-IPO P/E10.65
Promoter holding pre58.94%
Promoter holding post42.73%
Market cap₹268.46 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Issue Management fees including Merchant Banking fees, Underwriting fees and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses | ₹0.70 Cr |
| Advertising and Marketing Expenses | ₹2.20 Cr |
| Fees payable to the stock exchange(s) | ₹0.05 Cr |
| Printing & Stationery, Distribution, Postage, etc. | ₹0.05 Cr |
| Brokerage and Selling Commission | ₹0.20 Cr |
| Other Expenses (Banker’s to the Issue, Auditor’s Fees etc.) | ₹0.31 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- GYR Capital Advisors Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.