Ascom Leasing & Investments Ltd IPO

Closed

Subscription Details

  • Open Date 26 Nov
  • Close Date 28 Nov
  • Lot Size 4000
  • IPO Size ₹ 6.32 Cr
  • IPO Price Range ₹ 30
  • Min Investment ₹ 120000

Ascom Leasing & Investments Ltd IPO Timeline

Open Date
26 Nov
Close Date
28 Nov
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Initial Public Offer of 21,08,000 equity shares of face value of Rs. 10 each (the equity shares) of Ascom Leasing & Investments Limited, (the company or the issuer) for cash at a price of Rs. 30 per equity share (including a share premium of Rs. 20 per equity share) (the issue price) aggregating Rs.6.32 Crores (the issue). The issue includes a reservation of 1,08,000 equity shares of face value of Rs. 10 each at a price of Rs. 30 per equity share aggregating Rs. 0.32 Crores for subscription by the market maker to the issue (the market Maker reservation portion). The issue less market maker reservation portion i.e. Net issue of 20,00,000 equity shares of face value of Rs.10 each for cash at a price of Rs. 30 per equity share, aggregating Rs. 6 Crores is hereinafter referred to as the net issue. The issue and The net issue will consitute 26.99% and 25.61% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs.10 each and is 3 times of the equity share of the company.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Ascom Leasing & Investments Ltd IPO

Contact Information

Address

331 3rdFr Future Point Complex,
Vesu Besides Maniba Park,
Surat, Gujarat 395007

Ascom Leasing & Investments Ltd IPO Lead Manager

Fast Track Finsec Pvt Ltd
Open Demat Account