Ascom Leasing IPO vs Gian Lifecare IPO

Comparision between Ascom Leasing IPO and Gian Lifecare IPO.

IPO Details

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

	Ascom Leasing IPO	Gian Lifecare 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	Hem Securities Limited
Registrar	Skyline Financial Services Private Ltd	Cameo Corporate Services Limited
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 Gian Lifecare IPO is up to ₹3.12 Cr. The final issue price of Ascom Leasing IPO is ₹30.00 per share and of Gian Lifecare IPO is ₹22.00 per share.

	Ascom Leasing IPO	Gian Lifecare IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹30.00 per share	₹22.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	4000 shares	6000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	21,08,000 shares	14,16,000 shares
Issue Size Total (Amount)	up to ₹6.32 Cr	up to ₹3.12 Cr

IPO Timetable

Ascom Leasing IPO opens on Nov 26, 2019, while Gian Lifecare IPO opens on Dec 31, 2019. The closing date of Ascom Leasing IPO and Gian Lifecare IPO is Nov 28, 2019, and Jan 03, 2020, respectively.

	Ascom Leasing IPO	Gian Lifecare IPO
Anchor Bid Date
Issue Open	Nov 26, 2019	Dec 31, 2019
Issue Close	Nov 28, 2019	Jan 03, 2020
Basis Of Allotment (Tentative)		Jan 08, 2020
Initiation of Refunds (Tentative)		Jan 09, 2020
Credit of Share (Tentative)		Jan 10, 2020
Listing date (Tentative)		Jan 13, 2020
Anchor Lockin End date 1		Feb 07, 2020
Anchor Lockin End date 2		Apr 07, 2020

Financials

Ascom Leasing IPO P/E ratio is , as compared to Gian Lifecare IPO P/E ratio of 21.36.

Ascom Leasing IPO

Gian Lifecare 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 (Rs in Lakhs)
	30-June-19	31-Mar-19
Total Assets	797.07	782.38
Total Revenue	182.25	56.32
Profit After Tax	33.85	6.94

Promoter Shareholding (Pre-Issue)

98.94%

95.74%

Promoter Shareholding (Post-Issue)

72.24%

65.62%

P/E Ratio

21.36

Market Cap

₹10.34 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

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

	Ascom Leasing IPO	Gian Lifecare IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,08,000 shares	72,000 shares
QIB
NII	10,00,000 shares	6,72,000 shares
RII	10,00,000 shares	6,72,000 shares
Employee
Others
Total	20,00,000 shares	13,44,000 shares

Bids Received (Subscription)

Ascom Leasing IPO subscribed 1.47x in total, whereas Gian Lifecare IPO subscribed 1.34x.

	Ascom Leasing IPO	Gian Lifecare IPO
QIB (times)
NII (times)	1.92x	1.91x
Big NII (times)
Small NII (times)
RII (times)	1.03x	0.78x
Employee (times)
Other (times)
Total (times)	1.47x	1.34x

Compare with others

Ascom Leasing IPO	Gian Lifecare IPO
HindPrakash IPO	CBC Pharma IPO
Gian Lifecare IPO	Tranway IPO
Vaxtex Cotfab IPO	Madhav Copper FPO
Valencia IPO	Janus IPO
DC Infotech IPO	HindPrakash IPO
Mangalam Global IPO	Vaxtex Cotfab IPO
Anuroop IPO	Valencia IPO
Sona Hi Sona IPO	DC Infotech IPO
Goblin IPO	Ascom Leasing IPO
Galactico IPO	Mangalam Global IPO

Comments

Add a public comment...