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ASCOMSME / NSEListed
Ascom Leasing and Investments

Ascom Leasing & Investments Ltd, established in 1986, is a non-banking financial company that provides financial services to economically active individuals who are often underserved by traditional banks. The company offers individual and mortgage-based loans, along with leasing and hire purchase services, with key products including micro-enterprise loans such as loans against property and personal loans, pre-owned vehicle loans, and home renovation loans. As of June 30, 2019, it served around 2,000 active customers with a business size of over ₹20 crore, primarily operating in Gujarat while following a decentralized model to support expansion across India. As an NBFC, the company does not accept public deposits and depends on bank borrowings and promoter funding, maintains loan-to-value ratios of about 50% for property-backed loans and 60–65% for home renovation loans, and caters mainly to professionals, self-employed individuals, first-time vehicle buyers, and small and medium business owners with limited access to formal credit.

₹30 - ₹30Open
GMP₹0
Est. Listing Price₹30

IPO Schedule & Timeline

Fixed Price Issue IPO
Open26 Nov 2019
Close28 Nov 2019
Allotment04 Dec 2019
Listing06 Dec 2019

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker1,08,000 shares
5.12%
HNI10,00,000 shares
47.44%
Retail10,00,000 shares
47.44%

Minimum Application Lots

Retail1 Lot (4,000 shares)
₹1,20,000
HNI2 Lots (8,000 shares)
₹2,40,000

Company Promoters

Mr. Tushar Rohitbhai Pandya

Company Background

Ascom Leasing & Investments Ltd, established in 1986, is a non-banking financial company that provides financial services to economically active individuals who are often underserved by traditional banks. The company offers individual and mortgage-based loans, along with leasing and hire purchase services, with key products including micro-enterprise loans s...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Jun-19)₹261.77 Cr
Growth+169.4%
Revenue Trend (₹ in Crores)
0.0350.5701.01.1kMar-16Mar-17Mar-18Mar-19Jun-19
PeriodRev (Cr)PAT (Cr)AssetsDebt
Jun-19261.77196.852,690.920
Mar-19914.29345.362,704.560
Mar-18624.28444.161,620.130
Mar-17366.3148.57813.270
Mar-1697.154.36665.370

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Skyline Financial Services Private Limited

Allotment Finalized
Allotment Date
04 Dec 2019
Official Status
Out / Finalized
Registrar
Skyline Financial Services Private Limited
Listing Date
06 Dec 2019

Official Allotment Verification Links

Official Registrar Portal
Skyline Financial Services Private Limited

Direct allotment verification on the official registrar portal appointed for Ascom Leasing and Investments. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization04 Dec 2019Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date06 Dec 2019Trading commences on exchange

How to Check Ascom Leasing and Investments Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Ascom Leasing and Investments from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Ascom Leasing and Investments IPO

Complete issue overview for Ascom Leasing and Investments (ASCOM) IPO. The issue features an equity share price band of ₹30 per share with a minimum retail lot size of 4000 Shares (minimum application amount of ₹1,20,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions