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Ascom Leasing IPO vs Galactico Corporate IPO

Comparison between Ascom Leasing IPO and Galactico Corporate IPO.

IPO Details

Ascom Leasing IPO is a SME Fixed Price IPO proposed to list at NSE SME while Galactico Corporate IPO is a SME Fixed Price proposed to list at BSE SME.

 Ascom Leasing IPOGalactico Corporate IPO
LogoAscom Leasing IPO LogoGalactico Corporate IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersFast Track Finsec Pvt.Ltd.Aryaman Financial Services Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerJainam Broking Ltd.Aryaman Capital Markets Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Ascom Leasing IPO is up to ₹6.00 Cr whereas the issue size of the Galactico Corporate IPO is up to ₹3.51 Cr. The final issue price of Ascom Leasing IPO is ₹30.00 per share and of Galactico Corporate IPO is ₹23.00 per share.

 Ascom Leasing IPOGalactico Corporate IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹30.00 per share₹23.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size4000 shares6000 shares
Fresh Issue Size20,00,000 shares2,16,000 shares
Fresh Issue Size (Amount)up to ₹6.00 Crup to ₹0.50 Cr
OFS Issue Size0 shares13,08,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹3.01 Cr
Issue Size Total20,00,000 shares15,24,000 shares
Issue Size Total (Amount)up to ₹6.00 Crup to ₹3.51 Cr

IPO Timetable

Ascom Leasing IPO opens on Nov 26, 2019, while Galactico Corporate IPO opens on Sep 24, 2019. The closing date of Ascom Leasing IPO and Galactico Corporate IPO is Nov 28, 2019, and Sep 27, 2019, respectively.

 Ascom Leasing IPOGalactico Corporate IPO
Anchor Bid Date
Issue OpenNov 26, 2019Sep 24, 2019
Issue CloseNov 28, 2019Sep 27, 2019
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)Dec 06, 2019Oct 09, 2019
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Ascom Leasing IPO P/E ratio is , as compared to Galactico Corporate IPO P/E ratio of .

 Ascom Leasing IPOGalactico Corporate IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (Rs in Lakh)
30-June-19 31-Mar-19 31-Mar-18 31-Mar-17 31-Mar-16
Total Assets 2,690.92 2,704.56 1,620.13 813.27 665.37
Total Revenue 261.77 914.29 624.28 366.31 97.15
Profit After Tax 196.85 345.36 444.16 48.57 4.36
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-19 31-Mar-18
Total Assets 2,601.35 2,484.03
Total Revenue 1,919.35 1,653.94
Profit After Tax 141.82 135.13
Promoter Shareholding (Pre-Issue)98.94100.00
Promoter Shareholding (Post-Issue)72.2471.94
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Ascom Leasing IPO Retail Individual Investors (RII) are offered 10,00,000 shares while in Galactico Corporate IPO retail investors are offered 10,00,000 shares. Qualified Institutional Buyers (QIB) are offered in Ascom Leasing IPO and in Galactico Corporate IPO.

 Ascom Leasing IPOGalactico Corporate IPO
Anchor Investor Reserveration
Market Maker Reserveration1,08,000 shares84,000 shares
QIB
NII10,00,000 shares7,62,000 shares
RII10,00,000 shares7,62,000 shares
Employee
Others
Total20,00,000 shares15,24,000 shares

Bids Received (Subscription)

Ascom Leasing IPO subscribed 1.47x in total, whereas Galactico Corporate IPO subscribed 1.16x.

 Ascom Leasing IPOGalactico Corporate IPO
QIB (times)
NII (times)1.92x1.76x
Big NII (times)
Small NII (times)
RII (times)1.03x0.56x
Employee (times)
Other (times)
Total (times)1.47x1.16x