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Ascom Leasing & Investments Ltd IPO is a Fixed Price IPO listing on NSE EMERGE exchange. The company is based in Surat and caters to Banking And Finance sector. Fast Track Finsec is the merchant banker of Ascom Leasing & Investments Ltd IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 1st August 2019.
Ascom Leasing & Investments Ltd IPO open date is 26th November 2019 and close date is 28th November 2019. IPO Allotment Date is 30th November -0001 and Listing date is 6th December 2019.
IPO
Size:
₹ 6.32 Cr.
Avg IPO Size (Sector Based)
: ₹
22.12 cr.
Sector: Banking And Finance
SME
IPO so far:
53
Merchant Banker:
Fast Track
SME
IPO by BRLM so far:
13
City:
Surat
SME
IPO so far:
40
Revenue (annualised):
₹
10.48
cr. 
PE
Ratio:
3.00x
Average Sector PE Ratio: 17.91x
Ascom Leasing & Investments Ltd IPO size is ₹ 6.32 Cr. with IPO price of ₹ 30.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Fast Track Finsec Private Limited is the book-running lead manager of the Ascom Leasing & Investments Ltd IPO. Skyline Financial Services Private Limited is the Registrar and Market Maker is Jainam Share Consultants Private Limited for Ascom Leasing & Investments Ltd IPO.
Ascom Leasing & Investments Ltd IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Ascom Leasing & Investments Ltd IPO, based in Surat, operates in the Banking And Finance sector with a focus on . The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Ascom Leasing & Investments Ltd IPO size is ₹ 6.32 Cr. with fresh issue size of ₹ 6.32 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Ascom Leasing & Investments Ltd IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Ascom Leasing & Investments Ltd IPO allotment status on the registrars website, Skyline Financial Services Private Limited. Ascom Leasing & Investments Ltd IPO refund dates are 30th November -0001.
Ascom Leasing & Investments Ltd IPO is expected to be listed on 6th December 2019.
The upper price band for the Ascom Leasing & Investments Ltd IPO is set at ₹ 30.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Ascom Leasing & Investments Ltd IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Ascom Leasing & Investments Ltd IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 28th November 2019. After submission, funds are blocked until the basis of allotment of Ascom Leasing & Investments Ltd IPO is finalised.
The merchant banker for Ascom Leasing & Investments Ltd IPO is Fast Track Finsec Private Limited . Fast Track Finsec Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Ascom Leasing & Investments Ltd IPO RHP for further details.
The registrar for Ascom Leasing & Investments Ltd IPO is Skyline Financial Services Private Limited. Investors can go to Skyline Financial Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Ascom Leasing & Investments Ltd IPO through their official website or helpline.
Ascom Leasing & Investments Ltd IPO was subscribed 1.47 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 6.32 Cr.
Avg IPO Size (Sector Based)
:
₹ 22.12 Cr.
Sector: Banking And Finance
SME
IPO so far:
53
Merchant Banker:
Fast Track
SME
IPO by BRLM so far:
13
City:
Surat
SME
IPO so far:
40
Revenue (annualised):
₹ 10.16 cr.
PE
Ratio:
3.00x
Average Sector PE Ratio: 17.91x
Ascom Leasing & Investments Ltd IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Ascom Leasing & Investments Ltd Financial Review Page
Merchant Banker(s) of Ascom Leasing & Investments Ltd IPO: Fast Track Finsec Private Limited
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.
Ascom Leasing & Investments Ltd IPO listed at a listing price of 30.25 against the offer price of 30.00.
The current market price of Ascom Leasing & Investments Ltd is 98.80.
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