November 26, 2019 - November 28, 2019

Ascom Leasing IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Ascom Leasing IPO.

Ascom Leasing IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	0	1	0	0	0
%	0.00	100.00	0.00	0.00	0.00

Ascom Leasing IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

Ascom Leasing IPO Review by Dilip Davda (May apply)

[Dilip Davda] As per minuscule financial data, ALIL has shown super earnings in the last two fiscals and the trend are continuing as indicated by Q1 FY20 earnings. However, as the NBFC segment is currently facing rough weather with rising NPAs, most of them are showing dull performances. ALIL is not at all a master in the segment and its super performance raises concern for sustainability. Although IPO pricing appears lucrative based on its super earnings in recent years, in the light of negativity emerging for the segment and rising NPAs, cash surplus risk savvy investors may consider investment at their own risks. Read detail review...

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