Afcom Holdings board approved allotment of 26.31 lakh shares at Rs 759.72 per share via QIP, raising Rs 199.84 crore.
The QIP opened on May 4, 2026 and closed on May 5, 2026 with allotment to 9 qualified institutional buyers.
Abakkus Emerging Opportunities Fund-1 was the largest allottee with 21.52% of the issue size.