Ascom Leasing & Investments Limited IPO

NSE SME

Offer Date: Nov 26, 2019 - Nov 28, 2019

₹ 120000 /4000 Shares

IPO Details

26 Nov, 2019

Open Date

28 Nov, 2019

Close Date

04 Dec, 2019

Allotment Date

06 Dec, 2019

Listing Date

Issue Price

Rs 30/- Per Equity Share

Face Value

Rs 10/- Per Equity Share

Listing at Group

NSE SME

Registrar

Skyline Financial Services Private Limited

Market Lot

4000 Equity Shares (Rs 1,20,000/-)

Lead Manager

Fast Track Finsec Private Limited

Issue Size

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

Retail Portion

N/A

Subscription

29,48,000 1.47 times

IPO Docs

No related IPO documents available.

IPO Subscription 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

Earnings Per Share (EPS)

Rs 4.42/-

P/E Ratio

6.79

RoNW

24.22%

Net Asset Value (post issue)

Rs 28.88/-

Company Financials All values are in ₹ Cr.

- Peers Comparison

	P/B Ratio	P/E Ratio	RoNW	Net Worth
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

- Promoter(s)

Company Promoter(s)

Mr. Tushar Rohitbhai Pandya

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 - 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. 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 IPO price band is set between Rs 30/- Per Equity Share .

Ans. To apply for Ascom Leasing & Investments Limited IPO 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 allotment status for Ascom Leasing & Investments Limited IPO here.