Ascom Leasing IPO vs DC Infotech IPO

Comparison between Ascom Leasing IPO and DC Infotech IPO.

IPO Details

Ascom Leasing IPO is a SME Fixed Price IPO proposed to list at NSE SME while DC Infotech IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Ascom Leasing IPO is up to ₹6.00 Cr whereas the issue size of the DC Infotech IPO is up to ₹10.23 Cr. The final issue price of Ascom Leasing IPO is ₹30.00 per share and of DC Infotech IPO is ₹45.00 per share.

 Ascom Leasing IPODC Infotech IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹30.00 per share₹45.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares3000 shares
Fresh Issue Size20,00,000 shares22,74,000 shares
Fresh Issue Size (Amount)up to ₹6.00 Crup to ₹10.23 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total20,00,000 shares22,74,000 shares
Issue Size Total (Amount)up to ₹6.00 Crup to ₹10.23 Cr

IPO Timetable

Ascom Leasing IPO opens on Nov 26, 2019, while DC Infotech IPO opens on Dec 12, 2019. The closing date of Ascom Leasing IPO and DC Infotech IPO is Nov 28, 2019, and Dec 18, 2019, respectively.

 Ascom Leasing IPODC Infotech IPO
Issue OpenNov 26, 2019Dec 12, 2019
Issue CloseNov 28, 2019Dec 18, 2019
Basis Of Allotment (Tentative)Dec 23, 2019
Listing date (Tentative)Dec 06, 2019Dec 27, 2019

Financials & KPIs

Ascom Leasing IPO P/E ratio is , as compared to DC Infotech IPO P/E ratio of 7.4.

 Ascom Leasing IPODC Infotech IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201931 Mar 201931 Mar 201831 Mar 2017
Assets26.9127.0516.208.13
Total Income2.629.146.243.66
Profit After Tax1.973.454.440.49
NET Worth16.2314.2610.766.12
Reserves and Surplus10.538.565.050.56
Total Borrowing9.6710.344.971.15
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Jun 201931 Mar 201931 Mar 201831 Mar 2017
Assets57.2254.2747.8436.27
Total Income36.8515.2397.56108.79
Profit After Tax0.910.821.300.90
NET Worth5.144.2311.5510.86
Reserves and Surplus1.540.63
Total Borrowing20.3318.3510.698.39
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)98.94%100%
Promoter Shareholding (Post-Issue)72.24%60%
P/E Ratio7.4
Market Cap₹23.43 Cr.₹27.00 Cr.

Shares Offered

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

 Ascom Leasing IPODC Infotech IPO
Market Maker Reservation1,08,000 shares1,26,000 shares
NII10,00,000 shares11,37,000 shares
RII10,00,000 shares11,37,000 shares
Total20,00,000 shares22,74,000 shares

Bids Received (Subscription)

Ascom Leasing IPO subscribed 1.47x in total, whereas DC Infotech IPO subscribed 1.65x.

 Ascom Leasing IPODC Infotech IPO
NII (times)1.92x1.54x
RII (times)1.03x1.76x
Total (times)1.47x1.65x

Compare with others

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Ascom Leasing IPO Vs DC Infotech IPO