IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Ascom Leasing & Investments Ltd

Registered Office : 331 3rdFr Future Point Complex,Vesu Besides Maniba Park,Surat Gujarat 395007 Phone : 91-9825140403
Fax :

Email : adityagroup.in@gmail.com

Website : www.ascomfinance.com

Initial Public Offer of 21,08,000 equity shares of face value of Rs. 10 each (the "equity shares") of Ascom Leasing & Investments Limited, (the "company" or the "issuer") for cash at a price of Rs. 30 per equity share (including a share premium of Rs. 20 per equity share) (the "issue price") aggregating Rs.6.32 Crores (the "issue"). The issue includes a reservation of 1,08,000 equity shares of face value of Rs. 10 each at a price of Rs. 30 per equity share aggregating Rs. 0.32 Crores for subscription by the market maker to the issue (the "market Maker reservation portion"). The issue less market maker reservation portion i.e. Net issue of 20,00,000 equity shares of face value of Rs.10 each for cash at a price of Rs. 30 per equity share, aggregating Rs. 6 Crores is hereinafter referred to as the "net issue". The issue and The net issue will consitute 26.99% and 25.61% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs.10 each and is 3 times of the equity share of the company.

Issue

Opens On

Closes On

26-Nov-2019

28-Nov-2019

Money Payable On

Application

Allotment

30.00

0.00

Minimum Application for shares in Nos : 4000.0 Further Multiples of : 4000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

6.32

7.81

30.00

Fast Track Finsec Pvt Ltd

Projects

For the Purpose of onward Lending, Financing & Augmenting the Capital base

General Corporate Purpose

Promoted By

Tushar Rohitbhai Pandya

Listing At

NSE - SME

Registrar to the Issue

Skyline Financial Services Pvt