Ascom Leasing IPO vs Galactico IPO

Comparision between Ascom Leasing IPO and Galactico IPO.

IPO Details

Ascom Leasing IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Galactico IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Ascom Leasing IPO	Galactico IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Fast Track Finsec Pvt Ltd	Aryaman Financial Services Limited
Registrar	Skyline Financial Services Private Ltd	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Ascom Leasing IPO is up to ₹6.32 Cr whereas the issue size of the Galactico IPO is up to ₹3.70 Cr. The final issue price of Ascom Leasing IPO is ₹30.00 per share and of Galactico IPO is ₹23.00 per share.

	Ascom Leasing IPO	Galactico 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)
Discount (Employee)
Market Lot Size	4000 shares	6000 shares
Fresh Issue Size		3,00,000 shares
Fresh Issue Size (Amount)		up to ₹0.69 Cr
OFS Issue Size		13,08,000 shares
OFS Issue Size (Amount)		up to ₹3.01 Cr
Issue Size Total	21,08,000 shares	16,08,000 shares
Issue Size Total (Amount)	up to ₹6.32 Cr	up to ₹3.70 Cr

IPO Timetable

Ascom Leasing IPO opens on Nov 26, 2019, while Galactico IPO opens on Sep 24, 2019. The closing date of Ascom Leasing IPO and Galactico IPO is Nov 28, 2019, and Sep 27, 2019, respectively.

	Ascom Leasing IPO	Galactico 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)
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Ascom Leasing IPO P/E ratio is , as compared to Galactico IPO P/E ratio of .

Ascom Leasing IPO

Galactico IPO

Financial

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 (in Rs. Lakhs)
	31-Mar-19	31-Mar-18
Total Assets	2,601.35	2,484.03
Total Revenue	1,919.35	1,653.94
Profit After Tax	141.82	135.13

Promoter Shareholding (Pre-Issue)

98.94%

100.00%

Promoter Shareholding (Post-Issue)

72.24%

71.94%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Ascom Leasing IPO retail investors (RII) are offered 10,00,000 shares while in Galactico IPO retail investors are offered 10,00,000 shares. Qualified institutional buyers (QIB) are offered in Ascom Leasing IPO and in Galactico IPO.

	Ascom Leasing IPO	Galactico IPO
Anchor Investor Reserveration
Market Maker Reserveration	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

Bids Received (Subscription)

Ascom Leasing IPO subscribed 1.47x in total, whereas Galactico IPO subscribed 1.16x.

	Ascom Leasing IPO	Galactico 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

Compare with others

Ascom Leasing IPO	Galactico IPO
HindPrakash IPO	Ascom Leasing IPO
Gian Lifecare IPO	Mangalam Global IPO
Vaxtex Cotfab IPO	Anuroop IPO
Valencia IPO	Sona Hi Sona IPO
DC Infotech IPO	Goblin IPO
Mangalam Global IPO	Misquita IPO
Anuroop IPO	Smiloshine IPO
Sona Hi Sona IPO	Salasar Exteriors IPO
Goblin IPO	Transpact IPO
Galactico IPO	Alphalogic IPO

Comments

Add a public comment...