|Issue Date||26/11 - 28/11|
|Issue Size||₹6.32 Cr|
|Market Lot||4000 Shares|
|Shares on Offer||2,108,000|
|Subject to Sauda||N/A|
Ascom Leasing & Investments Limited is a Public incorporated on 16 December 1986. It is classified as Non-govt company and is registered at Registrar of Companies, Ahmedabad. Its authorized share capital is Rs. 150,000,000 and its paid up capital is Rs. 57,014,528. It is inolved in Other financial intermediation. This group includes financial intermediation other than that conducted by monetary institutions.
Ascom Leasing & Investments Limited's Annual General Meeting (AGM) was last held on 20 September 2019 and as per records from Ministry of Corporate Affairs (MCA), its balance sheet was last filed on 31 March 2019.
Directors of Ascom Leasing & Investments Limited are Tushar Pandya Rohitbhai, Jayshriben Rajendra Pathak, Ketanbhai Dhanjibhai Lakhani, Rupalben Tushar Pandya, Rohitkumar Balvantrai Pandya, Pradeep Champaklal Wadiwala.
Ascom Leasing & Investments Limited's Corporate Identification Number is (CIN) U65993GJ1986PLC085128 and its registration number is 85128.Its Email address is email@example.com and its registered address is 331, 3rd floor, Four Point complex, Vesu, besides Maniba Park, surat Surat GJ 395007 IN.
Incorporated in 1986, Ascom Leasing & Investments Ltd is an NBFC providing financial services to economically active poor (who are not served by the financial institutions). The company is engaged in providing loan products in two broad categories, which are individual loans and mortgage loans. Based on customer requirements, these categories can be subdivided further. The company also offers leasing services and hire purchase services.
As of 30th June 2019, it has around 2000 active customers with the business size of more than Rs 20 crore. The business operation of the company is situated in the Gujarat state only. The decentralized management structure helps the company to manage pan-India presence. As it is an NBFC, it cannot take deposits from the public. The fund requirement of the company is fulfilled by the banks and promoters' investment. Ascom Leasing doesn't generate any revenue from the trading operations as of now.
Loan-to-value (LTV) ratio of Ascom Leasing for loan against property and home renovation loan is 50 % and 60-65% respectively, as calculated Market Value. The customers of the company are mostly professional, self-employed or nonprofessional individuals, first-time buyers of vehicles, customers with informal income, customers with limited banking & credit history, and small and medium entrepreneurs (SMEs).
|Total Assets (In ₹ Millions)||2,704.56||1,620.13||813.27|
|Total Revenue (In ₹ Millions)||914.29||624.28||366.31|
|Profit After Tax (PAT) (In ₹ Millions)||345.36||444.16||48.57|
|Date & Time||QIB||NII||RII||Total|
|Day 1 - 26 Nov 2019||0.15||0.07||0.11|
|Day 2 - 27 Nov 2019||1.68||0.34||1.01|
|Day 3 - 28 Nov 2019||1.92||1.03||1.47|
Please click the link below to check the IPO allotment status.IPO Allotment Status
Ascom Leasing & Investments Ltd IPO will open on 26/11 and close on 28/11.
Ascom Leasing & Investments Ltd IPO will list on .
The offer price of Ascom Leasing & Investments Ltd IPO is ₹30.
The lot size of Ascom Leasing & Investments Ltd IPO is 4000.
The Grey Market Premium (GMP) price of Ascom Leasing & Investments Ltd IPO is Not Available at the moment.
The Kostak price of Ascom Leasing & Investments Ltd IPO is Not Available at the moment.
The Subject to Sauda price for Ascom Leasing & Investments Ltd IPO is Not Available at the moment.
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