IPO Synopsis

Ascom Leasing & Investments Ltd

Registered Office: 331 3rdFr Future Point Complex,Vesu Besides Maniba Park, Surat - 395007, Gujarat, India. Phone : 91-9825140403   Fax: Email : adityagroup.in@gmail.com Website :www.ascomfinance.com

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. Issue Opens On Closes On 26-Nov-19 28-Nov-19 Money Payable On Application Allotment 30.00 0.00 Minimum Application for shares in Nos : 4000 Further Multiples of : 4000 Cr Lead Managers to the Issue Project Cost (.Cr) 6.32 Fast Track Finsec Pvt Ltd Project Financed through Current Offer (.Cr) 6.32   Post Issue Equity Share Capital (.Cr) 7.81 Issue Price () 30.00

Projects

For the Purpose of onward Lending, Financing & Augmenting the Capital base General Corporate Purpose

Promoted By

Tushar Rohitbhai Pandya

Listing At

NSE - SME

Registrar to the Issue

No Data Available