Ascom Leasing IPO vs Mangalam Global IPO

Comparision between Ascom Leasing IPO and Mangalam Global IPO.

IPO Details

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

	Ascom Leasing IPO	Mangalam Global IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Fast Track Finsec Pvt Ltd	Pantomath Capital Advisors Pvt Ltd
Registrar	Skyline Financial Services Private Ltd	Link Intime India Private 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 Mangalam Global IPO is up to ₹21.57 Cr. The final issue price of Ascom Leasing IPO is ₹30.00 per share and of Mangalam Global IPO is ₹51.00 per share.

	Ascom Leasing IPO	Mangalam Global IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹30.00 per share	₹51.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	4000 shares	2000 shares
Fresh Issue Size		42,30,000 shares
Fresh Issue Size (Amount)		up to ₹21.57 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	21,08,000 shares	42,30,000 shares
Issue Size Total (Amount)	up to ₹6.32 Cr	up to ₹21.57 Cr

IPO Timetable

Ascom Leasing IPO opens on Nov 26, 2019, while Mangalam Global IPO opens on Nov 15, 2019. The closing date of Ascom Leasing IPO and Mangalam Global IPO is Nov 28, 2019, and Nov 20, 2019, respectively.

	Ascom Leasing IPO	Mangalam Global IPO
Anchor Bid Date
Issue Open	Nov 26, 2019	Nov 15, 2019
Issue Close	Nov 28, 2019	Nov 20, 2019
Basis Of Allotment (Tentative)		Nov 25, 2019
Initiation of Refunds (Tentative)		Nov 26, 2019
Credit of Share (Tentative)		Nov 27, 2019
Listing date (Tentative)		Nov 27, 2019
Anchor Lockin End date 1		Dec 25, 2019
Anchor Lockin End date 2		Feb 23, 2020

Financials

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

Ascom Leasing IPO

Mangalam Global 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)
	30-Jun-19	31-Mar-19	31-Mar-18	31-Mar-17
Total Assets	12,126.96	7,158.37	934.75	698.19
Total Revenue	14,649.93	38,995.21	2,689.83	268.71
Profit After Tax	99.60	244.95	25.89	9.41

Promoter Shareholding (Pre-Issue)

98.94%

96.38%

Promoter Shareholding (Post-Issue)

72.24%

70.99%

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 Mangalam Global IPO retail investors are offered 10,00,000 shares. Qualified institutional buyers (QIB) are offered in Ascom Leasing IPO and in Mangalam Global IPO.

	Ascom Leasing IPO	Mangalam Global IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,08,000 shares	2,12,000 shares
QIB
NII	10,00,000 shares	20,09,000 shares
RII	10,00,000 shares	20,09,000 shares
Employee
Others
Total	20,00,000 shares	40,18,000 shares

Bids Received (Subscription)

Ascom Leasing IPO subscribed 1.47x in total, whereas Mangalam Global IPO subscribed 1.28x.

	Ascom Leasing IPO	Mangalam Global IPO
QIB (times)
NII (times)	1.92x	2.09x
Big NII (times)
Small NII (times)
RII (times)	1.03x	0.47x
Employee (times)
Other (times)
Total (times)	1.47x	1.28x

Compare with others

Ascom Leasing IPO	Mangalam Global IPO
HindPrakash IPO	Gian Lifecare IPO
Gian Lifecare IPO	Vaxtex Cotfab IPO
Vaxtex Cotfab IPO	Valencia IPO
Valencia IPO	DC Infotech IPO
DC Infotech IPO	Ascom Leasing IPO
Mangalam Global IPO	Anuroop IPO
Anuroop IPO	Sona Hi Sona IPO
Sona Hi Sona IPO	Goblin IPO
Goblin IPO	Galactico IPO
Galactico IPO	Misquita IPO

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