Comparison between Ascom Leasing IPO and HindPrakash Industries IPO.
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 IPO | HindPrakash Industries IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Novus Capital Advisors Pvt.Ltd. | Hem Securities Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Jainam Broking Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
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 IPO | HindPrakash 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 Size | 4000 shares | 3000 shares |
| Fresh Issue Size | 20,00,000 shares | 27,30,000 shares |
| Fresh Issue Size (Amount) | up to ₹6.00 Cr | up to ₹10.92 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 20,00,000 shares | 27,30,000 shares |
| Issue Size Total (Amount) | up to ₹6.00 Cr | up to ₹10.92 Cr |
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 IPO | HindPrakash Industries IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Nov 26, 2019 | Jan 15, 2020 |
| Issue Close | Nov 28, 2019 | Jan 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, 2019 | Jan 27, 2020 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Ascom Leasing IPO P/E ratio is , as compared to HindPrakash Industries IPO P/E ratio of 11.7.
| Ascom Leasing IPO | HindPrakash Industries IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 98.94 | 100 | ||||
| Promoter Shareholding (Post-Issue) | 72.24 | 72.37 | ||||
| P/E Ratio | 11.7 | |||||
| Market Cap | ₹23.43 Cr. | ₹41.70 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
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 IPO | HindPrakash Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,08,000 shares | 1,50,000 shares |
| QIB | ||
| NII | 10,00,000 shares | 13,65,000 shares |
| RII | 10,00,000 shares | 13,65,000 shares |
| Employee | ||
| Others | ||
| Total | 20,00,000 shares | 27,30,000 shares |
Ascom Leasing IPO subscribed 1.47x in total, whereas HindPrakash Industries IPO subscribed 2.16x.
| Ascom Leasing IPO | HindPrakash Industries IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.92x | 2.96x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.03x | 1.37x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.47x | 2.16x |
