Afcom Holdings Limited successfully raised ₹199.85 Crore via a Qualified Institutions Placement (QIP) on May 05, 2026. The capital, raised from institutional investors including Bandhan and Abakkus funds, will support fleet expansion through aircraft leasing. Shares were allotted at ₹759.72 each, representing a 4.99% discount to the floor price.
Afcom Holdings Limited allotted 26,30,520 equity shares to Qualified Institutional Buyers at Rs. 759.72 per share, raising ₹199.84 Crore. The QIP issue opened on May 04 and concluded on May 05, 2026. Major allottees include Abakkus Emerging Opportunities Fund-1 and Bandhan Small Cap Fund.
Afcom Holdings Limited successfully raised ₹199.84 Crore through a Qualified Institutions Placement. The company allotted 26,30,520 equity shares to eligible institutional buyers at ₹759.72 per share. This capital infusion strengthens the company's financial position and supports future growth initiatives.
Afcom Holdings Limited successfully closed its Qualified Institutions Placement (QIP) on May 05, 2026, raising ₹199.85 Crore. The company approved the allocation of 26,30,520 equity shares to eligible Qualified Institutional Buyers at an issue price of ₹759.72 per share. This capital infusion strengthens the company's financial position for future growth.
Afcom Holdings Limited has launched a Qualified Institutions Placement (QIP) of equity shares. The board approved a floor price of Rs. 799.62 per share, with a potential discount of up to 5% as per SEBI regulations. The issue opened on May 04, 2026, aimed at raising new capital from institutional investors.