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Ascom Leasing IPO vs HindPrakash Industries IPO

Comparison between Ascom Leasing IPO and HindPrakash Industries IPO.

IPO Details

Ascom Leasing IPO is a SME Fixed Price IPO proposed to list at NSE SME while HindPrakash Industries IPO is a SME Fixed Price proposed to list at NSE SME.

 Ascom Leasing IPOHindPrakash Industries IPO
LogoAscom Leasing IPO LogoHindPrakash Industries IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersFast Track Finsec Pvt.Ltd.Hem Securities Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerJainam Broking Ltd.Hem Finlease Pvt.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 HindPrakash Industries IPO is up to ₹10.92 Cr. The final issue price of Ascom Leasing IPO is ₹30.00 per share and of HindPrakash Industries IPO is ₹40.00 per share.

 Ascom Leasing IPOHindPrakash Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹30.00 per share₹40.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size4000 shares3000 shares
Fresh Issue Size20,00,000 shares27,30,000 shares
Fresh Issue Size (Amount)up to ₹6.00 Crup to ₹10.92 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total20,00,000 shares27,30,000 shares
Issue Size Total (Amount)up to ₹6.00 Crup to ₹10.92 Cr

IPO Timetable

Ascom Leasing IPO opens on Nov 26, 2019, while HindPrakash Industries IPO opens on Jan 15, 2020. The closing date of Ascom Leasing IPO and HindPrakash Industries IPO is Nov 28, 2019, and Jan 17, 2020, respectively.

 Ascom Leasing IPOHindPrakash Industries IPO
Anchor Bid Date
Issue OpenNov 26, 2019Jan 15, 2020
Issue CloseNov 28, 2019Jan 17, 2020
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)Jan 23, 2020
Credit of Share (Tentative)Jan 24, 2020
Listing date (Tentative)Dec 06, 2019Jan 27, 2020
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Ascom Leasing IPO P/E ratio is , as compared to HindPrakash Industries IPO P/E ratio of 11.7.

 Ascom Leasing IPOHindPrakash Industries 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 Lakh)
30-Sept-19 31-Mar-19 31-Mar-18 31-Mar-17
Total Assets 4,793.36 4,813.53 3,116.38 3,467.16
Total Revenue 5063.80 9,799.48 8,747.58 8,611.78
Profit After Tax 177.81 283.42 231.91 214.26
Promoter Shareholding (Pre-Issue)98.94100
Promoter Shareholding (Post-Issue)72.2472.37
P/E Ratio11.7
Market Cap₹41.70 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 HindPrakash Industries IPO retail investors are offered 10,00,000 shares. Qualified Institutional Buyers (QIB) are offered in Ascom Leasing IPO and in HindPrakash Industries IPO.

 Ascom Leasing IPOHindPrakash Industries IPO
Anchor Investor Reserveration
Market Maker Reserveration1,08,000 shares1,50,000 shares
QIB
NII10,00,000 shares13,65,000 shares
RII10,00,000 shares13,65,000 shares
Employee
Others
Total20,00,000 shares27,30,000 shares

Bids Received (Subscription)

Ascom Leasing IPO subscribed 1.47x in total, whereas HindPrakash Industries IPO subscribed 2.16x.

 Ascom Leasing IPOHindPrakash Industries IPO
QIB (times)
NII (times)1.92x2.96x
Big NII (times)
Small NII (times)
RII (times)1.03x1.37x
Employee (times)
Other (times)
Total (times)1.47x2.16x