Ascom Leasing & Investments Ltd IPO
(i) The company was incorporated in the year 1986 and started the business as NBFC in 2001 with the mission of providing services to economically active poor who are not adequately served by the financial institutions.
(ii) The company is engaged in the business of finance, hire purchase, leasing and lending terms loans, mortgage financing.
(iii) The customers of the company include first-time buyers of vehicles, self-employed and professional or nonprofessional individuals, small and medium entrepreneurs and customers with informal income and limited banking and credit history.
(iv) As of June 30, 2019, they have around 2000 plus active customers. Company operations are concentrated in the State of Gujarat Only. Being the NBFC – Non-Deposit company, the company is not entitled to take a deposit from the general public. And the company sources the funds from the promoter investments and Bank funding.
Objects of the Ascom Leasing & Investments Ltd IPO:
Ascom Leasing & Investments Ltd IPO Details:
|Open Date:||Nov 26 2019|
|Close Date:||Nov 28 2019|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||fixed issue|
|Issue Size:||6.32 Cr.|
|Lot Size:||4000 Shares|
|Issue Price:||₹ 30 Per Equity Share|
|Listing At:||NSE Emerge|
|Listing Date:||Dec 06 2019|
Promoters And Management:
Financials of Ascom Leasing & Investments Ltd IPO:
Comparison With Peers:
Recommendation on Ascom Leasing & Investments Ltd IPO:
Lead Manager of Ascom Leasing & Investments Ltd IPO:
Registrar of Ascom Leasing & Investments Ltd IPO:
Bid Details of Ascom Leasing & Investments Ltd IPO as on
28-Nov-2019 18:30:00 IST
|Category||No.of shares offered||No. of shares bid|