Ascom Leasing & Investments Limited IPO
NSE SME₹ 240000 /8000 Shares
*Min Investment
26 Nov, 2019
Open Date28 Nov, 2019
Close Date04 Dec, 2019
Allotment Date06 Dec, 2019
Listing DateIPO Issue Details
- Issue Price Rs 30/- Per Equity Share
- Face Value Rs 10/- Per Equity Share
- Issue Price Fresh issue of 21,08,000 Equity Shares of Rs 10/- at a price of Rs 30/- per share aggregating to Rs 21.57 Cr
- Listing at NSE SME
- Lead Manager Fast Track Finsec Private Limited
- Registrar Skyline Financial Services Private Limited
IPO Details
- Retail Portion N/A
IPO Details
Ascom Leasing & Investments Limited IPO is an SME IPO, priced at Rs 30/- Per Equity Share . The equity shares have a face value of Rs 10/- Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Nov 26, 2019 to Nov 28, 2019. The allotment is expected to be finalized on Dec 4, 2019, and the tentative listing date is Dec 6, 2019.
The registrar of the IPO is Skyline Financial Services Private Limited, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 20,08,000 | 20,10,000 | 40,18,000 |
Day 1 - 26-11-19 | 1,52,000 0.15 x | 72,000 0.07 x | 2,24,000 0.11 x |
Day 2 - 27-11-19 | 16,80,000 1.68 x | 3,44,000 0.34 x | 20,24,000 1.01 x |
Day 3 - 28-11-19 | 19,20,000 1.92 x | 10,28,000 1.03 x | 29,48,000 1.47 x |
Valuations
IPO - Issue Objectives
For the purpose of onward lending, financing and augmenting the capital base ( Rs 4.47 Cr )
General Corporate Purpose ( Rs 1.45 Cr )
To meet the Issue expenses ( Rs 0.41 Cr )
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Sona Hi Sona Jwellers (Gujarat) Limited | 1.18 | 43.19 | 3.98% | 67.18 |
| Ashapuri Gold Ornament Limited | 0.79 | 102.34 | 1.10% | 88.20 |
| Palm Jewels Limited | 0.72 | 111.50 | 1.83% | 41.91 |
| Shubhlaxmi Jewel Art Limited | 10.79 | 135.62 | 14.85% | 51.51 |
| D.P. Abhushan Limited | 1.88 | 8.44 | 19.83% | 812.13 |
| Moksh Ornaments Limited | 0.84 | 5.37 | 15.16% | 381.47 |
IPO - FAQs
Ans. Ascom Leasing & Investments Limited IPO is a SME IPO. The issue is priced at Rs 30/- Per Equity Share . The minimum order quantity is 4000 Shares. The IPO opens on Nov 26, 2019, and closes on Nov 28, 2019. Skyline Financial Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Ascom Leasing & Investments Limited IPO opens on Nov 26, 2019 and closes on Nov 28, 2019.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Ascom Leasing & Investments Limited IPO is Fresh issue of 21,08,000 Equity Shares of Rs 10/- at a price of Rs 30/- per share aggregating to Rs 21.57 Cr.
Ans. The Ascom Leasing & Investments Limited IPO price band is set between Rs 30/- Per Equity Share .
Ans. To apply for Ascom Leasing & Investments Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Ascom Leasing & Investments Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Ascom Leasing & Investments Limited IPO is Dec 4, 2019.
Ans. The Ascom Leasing & Investments Limited IPO will be listed on Dec 6, 2019.
Ans. Follow the steps to check the Ascom Leasing & Investments Limited IPO allotment status online.
