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Ascom Leasing IPO vs Gian Life Care IPO

Comparison between Ascom Leasing IPO and Gian Life Care IPO.

IPO Details

Ascom Leasing IPO is a SME Fixed Price IPO proposed to list at NSE SME while Gian Life Care IPO is a SME Fixed Price proposed to list at BSE SME.

 Ascom Leasing IPOGian Life Care IPO
LogoAscom Leasing IPO LogoGian Life Care IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersFast Track Finsec Pvt.Ltd.Hem Securities Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerJainam Broking Ltd.Shreni Shares 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 Gian Life Care IPO is up to ₹2.96 Cr. The final issue price of Ascom Leasing IPO is ₹30.00 per share and of Gian Life Care IPO is ₹22.00 per share.

 Ascom Leasing IPOGian Life Care IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹30.00 per share₹22.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size4000 shares6000 shares
Fresh Issue Size20,00,000 shares13,44,000 shares
Fresh Issue Size (Amount)up to ₹6.00 Crup to ₹2.96 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total20,00,000 shares13,44,000 shares
Issue Size Total (Amount)up to ₹6.00 Crup to ₹2.96 Cr

IPO Timetable

Ascom Leasing IPO opens on Nov 26, 2019, while Gian Life Care IPO opens on Dec 31, 2019. The closing date of Ascom Leasing IPO and Gian Life Care IPO is Nov 28, 2019, and Jan 03, 2020, respectively.

 Ascom Leasing IPOGian Life Care IPO
Anchor Bid Date
Issue OpenNov 26, 2019Dec 31, 2019
Issue CloseNov 28, 2019Jan 03, 2020
Basis Of Allotment (Tentative)Jan 08, 2020
Initiation of Refunds (Tentative)Jan 09, 2020
Credit of Share (Tentative)Jan 10, 2020
Listing date (Tentative)Dec 06, 2019Jan 13, 2020
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Ascom Leasing IPO P/E ratio is , as compared to Gian Life Care IPO P/E ratio of 21.36.

 Ascom Leasing IPOGian Life Care 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 (Rs in Lakhs)
30-June-19 31-Mar-19
Total Assets 797.07 782.38
Total Revenue 182.25 56.32
Profit After Tax 33.85 6.94
Promoter Shareholding (Pre-Issue)98.9495.74
Promoter Shareholding (Post-Issue)72.2465.62
P/E Ratio21.36
Market Cap₹10.34 Cr.
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 Gian Life Care IPO retail investors are offered 10,00,000 shares. Qualified Institutional Buyers (QIB) are offered in Ascom Leasing IPO and in Gian Life Care IPO.

 Ascom Leasing IPOGian Life Care IPO
Anchor Investor Reserveration
Market Maker Reserveration1,08,000 shares72,000 shares
QIB
NII10,00,000 shares6,72,000 shares
RII10,00,000 shares6,72,000 shares
Employee
Others
Total20,00,000 shares13,44,000 shares

Bids Received (Subscription)

Ascom Leasing IPO subscribed 1.47x in total, whereas Gian Life Care IPO subscribed 1.34x.

 Ascom Leasing IPOGian Life Care IPO
QIB (times)
NII (times)1.92x1.91x
Big NII (times)
Small NII (times)
RII (times)1.03x0.78x
Employee (times)
Other (times)
Total (times)1.47x1.34x