Ascom Leasing & Investments Ltd IPO, Review, IPO Performance by IPOPlatform India

About Ascom Leasing & Investments Ltd

Company Information

Ascom Leasing & Investments offer a diverse range of loan products to cater to the specific requirements of their customers. Their products can be classified under two broad categories, namely, mortgage loans and individual loans. Depending upon the end use, these products can be further sub-divided into education, home improvement, home purchase, vehicle purchase etc. They have adopted a decentralized management structure for their operations, comprising presence in more than 22 districts across Gujarat. Their management hierarchy consist of leadership personnel who is responsible for taking on ground operational decisions. They possess significant experience in banking and financial services industry, which helps the company to understand the ground reality and local diversity of a particular region, enabling quick decision making.

Object of Issue

For the purpose of onward lending, financing and augmenting the capital base
General corporate expenses
To meet the Issue expenses

Ascom Leasing & Investments Ltd SME IPO Details (at the time of IPO)

IPO Type :

Fixed Price

IPO Date :

Dec, 2019

IPO Size :

6.32 Cr.

IPO Subscription :

1.47 X

PE Multiple :

3.00

Merchant Banker :
Fast Track Finsec Private Limited

IPO Registrar:
Skyline Financial Services Private Limited

Anchor Investors:

FAQs

1. What is Ascom Leasing & Investments Ltd IPO?

Ascom Leasing & Investments Ltd operates in Banking And Finance and . The Issue is listed on NSE EMERGE in Dec, 2019. Ascom Leasing & Investments Ltd IPO size was 6.32 Cr. with Issue price of 30.00 .

2. Who is the merchant banker of Ascom Leasing & Investments Ltd IPO?

Merchant Banker(s) of Ascom Leasing & Investments Ltd IPO: Fast Track Finsec Private Limited

3. How many times Ascom Leasing & Investments Ltd IPO was subscribed?

Ascom Leasing & Investments Ltd IPO subscription was 1.47 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

4. What is the listing price of Ascom Leasing & Investments Ltd IPO?

Ascom Leasing & Investments Ltd IPO listed at a listing price of 30.25 against the offer price of 30.00.

5. What is the current market price of Ascom Leasing & Investments Ltd IPO?

The current market price of Ascom Leasing & Investments Ltd is 121.25.

IPO Advisory

In-depth, experienced and seamless execution throughout the IPO Process.

IPO Readiness

IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.

Fund Raising

Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.

SME Business Upscaling

Provide support to build a scalable SME business by unleashing the SME potential.

Post IPO Mentoring

Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Ascom Leasing & Investments Ltd IPO (Ascom Leasing & Investments Ltd IPO) Details

Financial Summary (at the time of ipo, on annualised basis)

Pricing Report

Performance Report (CAGR* wise)

About Ascom Leasing & Investments Ltd

Company Information

Object of Issue

Ascom Leasing & Investments Ltd SME IPO Details (at the time of IPO)

Thinking ofListing Your Business through SME IPO?

We can Help!

See Other SME IPOs in Surat

Peer Companies Of This Sector