Comparison between Ascom Leasing IPO and Galactico Corporate IPO.
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 IPO | Galactico Corporate IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Novus Capital Advisors Pvt.Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Jainam Broking Ltd. | Aryaman Capital Markets 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 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 IPO | Galactico 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 Size | 4000 shares | 6000 shares |
| Fresh Issue Size | 20,00,000 shares | 2,16,000 shares |
| Fresh Issue Size (Amount) | up to ₹6.00 Cr | up to ₹0.50 Cr |
| OFS Issue Size | 0 shares | 13,08,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹3.01 Cr |
| Issue Size Total | 20,00,000 shares | 15,24,000 shares |
| Issue Size Total (Amount) | up to ₹6.00 Cr | up to ₹3.51 Cr |
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 IPO | Galactico Corporate IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Nov 26, 2019 | Sep 24, 2019 |
| Issue Close | Nov 28, 2019 | Sep 27, 2019 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Dec 06, 2019 | Oct 09, 2019 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Ascom Leasing IPO P/E ratio is , as compared to Galactico Corporate IPO P/E ratio of .
| Ascom Leasing IPO | Galactico Corporate IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 98.94 | 100.00 | ||||
| Promoter Shareholding (Post-Issue) | 72.24 | 71.94 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹23.43 Cr. | ₹13.18 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
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 IPO | Galactico Corporate IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,08,000 shares | 84,000 shares |
| QIB | ||
| NII | 10,00,000 shares | 7,62,000 shares |
| RII | 10,00,000 shares | 7,62,000 shares |
| Employee | ||
| Others | ||
| Total | 20,00,000 shares | 15,24,000 shares |
Ascom Leasing IPO subscribed 1.47x in total, whereas Galactico Corporate IPO subscribed 1.16x.
| Ascom Leasing IPO | Galactico Corporate IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.92x | 1.76x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.03x | 0.56x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.47x | 1.16x |
