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Issue Open Date
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02-Aug-24
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Issue Closing Date
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06-Aug-24
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Application Money
|
100
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Allotment Money
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Price Band
|
102
-
108
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Minimium Application No.
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1200
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Issue Size (Shares)
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4940400
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Market Lot
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1
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Objective
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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.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
|
|
Non-Institutional Investors
|
1327200
|
679530000
|
512.002712477396
|
|
Qualified Institutional Buyers
|
1338000
|
249177600
|
186.231390134529
|
|
Retail Individual Investors
|
1338000
|
249177600
|
186.231390134529
|
|
|
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Business 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
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Promoter's Holding
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Total Share Capital
|
10622211
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Offered to Public
|
6836400
|
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Promoter's Holding (Pre-Issue)
|
58.94
|
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Promoter's Holding (Post-Issue)
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42.73
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MORE > |
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Address |
2
Lic Colony
Dr. Radhakrishnan Nagar
Thiruvanmiyur
Chennai
,
Tamil Nadu
,
600041
Phone :
9841019204 / 044-22213333
Email :
corporate@afcomcargo.com / info@afcomcargo.com
Website :
www.afcomcargo.com
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Registrar |
Link Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
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Listed at |
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BSE
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Lead Manager |
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GYR Capital Advisors Pvt Ltd.
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Promoters |
Capt. Deepak Parasuraman
Kannan Ramakrishnan
Manjula Annamalai
Wg.Cdr. Jaganmohan Manthena
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