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10 July 2020

IPO Synopsis

Ascom Leasing & Investments Ltd
Registered Office: 331 3rdFr Future Point Complex,Vesu Besides Maniba Park , Surat - 395007 , Gujarat , India.
Phone : 91-9825140403   Fax:
Email :  
Website :
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 Money Payable On
Opens On Closes On Application Allotment
26-Nov-19 28-Nov-19 (Rs)30.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :4000  Further Multiples of :4000

  (Rs Cr) Lead Managers to the Issue
Project Cost 6.32
Fast Track Finsec Pvt Ltd
Project Financed through Current Offer 6.32  
Post Issue Equity Share Capital 7.81  
Issue Price (Rs)30.00  
For the Purpose of onward Lending, Financing & Augmenting the Capital baseGeneral Corporate Purpose
Promoted By
Tushar Rohitbhai Pandya  
Listing At
Registrar to the Issue
Skyline Financial Services Pvt 
Toll Free number: 1800-425-5501 / 1800-103-5501