- POSITIVE
Annual Revenue Ascom Leasing Mar-2026 Annual Revenue is Rs 13 Cr which is growth of 1.1% YoY.
- POSITIVE
Annual Net Profit Ascom Leasing Mar-2026 Annual Net Profit is Rs 5 Cr which is growth of 2.3% YoY.

Ascom Leasing & Investments Ltd is an NBFC providing financial services to economically active poor (who are not served by the financial institutions). The company is engaged in providing loan products in two broad categories, which are individual loans and mortgage loans. Based on customer requirements, these categories can be subdivided further. The company also offers leasing services and hire purchase services.
| Bidding Dates |
|---|
| 26 Nov 2019 - 28 Nov 2019 |
| Subscription |
|---|
| 1.47x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹120,000 | 1 | 1 | 4000 | 2.1 M | ₹30 | 73.01 % | ₹63.2 M | RHP DOC |
Ascom Leasing IPO SUBSCRIPTION STATUS
28 Nov '19Ascom Leasing IPO overall subscription rate was 1.47 times the total available shares
Ascom Leasing IPO retail subscription rate was 1.03 times in the retail segment
Ascom Leasing IPO non-institutional investor subscription rate was 1.92 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
27 Nov 2019 (Day 2) | 0.34x | 1.68x | - |
28 Nov 2019 (Day 3) | 1.03x | 1.92x | - |
26 Nov 2019 (Day 1) | 0.07x | 0.15x | - |
Ascom Leasing IPO SUBSCRIPTION STATUS DETAILS
Ascom Leasing had 2.1 M shares on offer
Ascom Leasing IPO offer price was ₹30
Ascom Leasing IPO minimum Investment was ₹120000
Ascom Leasing IPO issue size was ₹ 63.2 M
Ascom Leasing had a minimum lot size of 4000 Shares per application
Ascom Leasing NUMBER OF SHARES ON OFFER
Ascom Leasing IPO IMPORTANT DATES
| Issue Open Date | 26 Nov 2019 |
| Issue close Date | 28 Nov 2019 |
| Allotment Date | 03 Dec 2019 |
| Refund Date | 04 Dec 2019 |
| Demat Account Credit Date | 05 Dec 2019 |
| Listing Date | 06 Dec 2019 |
| Listing on Exchange(s) | NSE |
| Ascom Leasing Allotment Status | Exchange |
Ascom Leasing IPO subscription opened on 26 Nov 2019, and closed on 28 Nov 2019
IPO allotment for Ascom Leasing was finalized on Tuesday, 03 Dec 2019
IPO listing for Ascom Leasing was on NSE on Friday, 06 Dec 2019
Ascom Leasing IPO LISTING GAINS
| Issue Price (adjusted) | 20.0 |
| Listing Open Price | 30.3 |
| Listing Close Price | 30.3 |
| Listing Gain% | 0.8% |
| Current Gain% | 837.3% |
Ascom Leasing Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ascom Leasing & Investments Ltd. | 187.4 | 146.4 | 42 | -1.3 | 11.2 | 9.5 | 8.8 | 13.1 | 1.1 | 5.2 | 2.3 | 4.5 | -31.8 |
| Bajaj Finance Ltd. | 939.1 | 584679.4 | 27 | 1.5 | 6.5 | 16.7 | 3.4 | 81989.5 | 17.6 | 19017.4 | 14.3 | 34.8 | 18.5 |
| Shriram Finance Ltd. | 823.2 | 193694.3 | 15.3 | 0.5 | 3.7 | 15.2 | 3.1 | 48192.6 | 15.1 | 10024.2 | 4.9 | 53.9 | 28.6 |
| Tata Capital Ltd. | 319.9 | 135793.4 | 22.8 | 0.5 | 4 | 10.8 | 1.7 | 31582.6 | 11.3 | 4846.1 | 32.2 | 14.1 | 41.6 |
| Jio Financial Services Ltd. | 204.5 | 135034.2 | 78.9 | 15.8 | 24 | 1.2 | 1 | 3542.6 | 70.4 | 1560.9 | -3.2 | 2.6 | 5 |
| Cholamandalam Investment & Finance Company Ltd. | 1586 | 133754.9 | 21.5 | 0.6 | 3.9 | 17.2 | 2.1 | 31538.7 | 20.6 | 5232.6 | 22.8 | 73.8 | 33.9 |
Ascom Leasing annual results: revenue, profit, P&L, and margins as of Mar 2026 – 11 year history
| Indicator | Graph | CAGR 3 Yrs | CAGR 5 Yrs | Mar '26 | Mar '25 | Mar '24 | Mar '23 | Mar '22 | Mar '21 | Mar '20 | Mar '19 | Mar '18 | Mar '17 | Mar '16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2.4% | 4.1% | 13.1 | 12.9 | 12.3 | 12.2 | 12.5 | 10.7 | 10.2 | 9.1 | 6.2 | 3.7 | 1 | ||
Operating Exp. Ann. | 0.6% | 7.5% | 5.3 | 5.4 | 5.3 | 5.2 | 5.1 | 3.7 | 3.1 | 2.4 | 1.1 | 2.8 | 0.9 | |
Operating Profit Ann. | 3.7% | 1.9% | 7.8 | 7.6 | 7 | 7 | 7.3 | 7.1 | 7.1 | 6.6 | 5.1 | 0.8 | 0.1 | |
OPM Ann. % | 1.1% | -2% | 59.48% | 58.51% | 56.79% | 57.55% | 58.91% | 65.89% | 69.77% | 71.96% | 81.67% | 22.16% | 8.19% | |
3.5% | 7.2% | 6.1 | 6.1 | 5.7 | 5.5 | 6 | 4.3 | 4 | 3.1 | 1.4 | 3 | 0.9 | ||
EBITDA Ann. | 3.7% | 1.9% | 7.8 | 7.6 | 7 | 7 | 7.3 | 7.1 | 7.1 | 6.8 | 5.1 | 0.9 | 0.1 | |
EBITDA Ann. margin % | 1.1% | -2% | 59.48% | 58.51% | 56.79% | 57.55% | 58.91% | 65.89% | 69.77% | 73.80% | 82.20% | 23.21% | 10.85% | |
Interest Ann. | 44.2% | 3.7% | 0.6 | 0.7 | 0.2 | 0.2 | 0.7 | 0.5 | 0.7 | 0.5 | 0.2 | 0.1 | 0 | |
Depr. | 0% | 0% | 0.2 | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | 0.3 | 0.2 | 0.1 | 0.1 | ||
PBT Ann. | 2% | 1.8% | 7 | 6.8 | 6.6 | 6.6 | 6.5 | 6.4 | 6.2 | 6 | 4.9 | 0.7 | 0.1 | |
Tax Ann. | 0% | 1.2% | 1.7 | 1.7 | 1.7 | 1.7 | 1.6 | 1.6 | 1.6 | 1.7 | 0.5 | 0.2 | 0 | |
1.3% | 1.6% | 5.2 | 5.1 | 5 | 5 | 4.9 | 4.8 | 4.6 | 4.4 | 4.4 | 0.5 | 0 | ||
Net Profit Ann. | 1.3% | 1.6% | 5.2 | 5.1 | 5 | 5 | 4.9 | 4.8 | 4.6 | 3.5 | 4.4 | 0.5 | 0 | |
NPM Ann. % | -0.7% | -2.2% | 40.01% | 39.55% | 40.26% | 40.82% | 39.15% | 44.77% | 45.20% | 38.47% | 71.52% | 13.40% | 4.61% | |
EPS Adj. latest Ann. | 2.3% | 1.9% | 4.5 | 4.4 | 4.2 | 4.2 | 4.2 | 4.1 | 3.9 | 3 | 3.8 | 0.4 | 0 |
Ascom Leasing INFORMATION ON IPO ISSUE
About Ascom Leasing
Ascom Leasing & Investments Ltd is an NBFC providing financial services to economically active poor (who are not served by the financial institutions). The company is engaged in providing loan products in two broad categories, which are individual loans and mortgage loans. Based on customer requirements, these categories can be subdivided further. The company also offers leasing services and hire purchase services.
Object of the Issue
- For the purpose of onward lending, financing and augmenting the capital base
- General corporate expenses, and
- To meet the Issue expenses
Ascom Leasing - PROMOTERS
| Name |
|---|
| Tushar Rohitbhai Pandya |
Ascom Leasing Lead Manager
Fast Track Finsec Private Limited
mb@ftfinsec.com
Ascom Leasing Registrar to the Offer
Skyline Financial Services Private Limited
mumbai@skylinerta.com
Ascom Leasing Strengths
Deep market knowledge through extensive sourcing channels
The company has developed an extensive operational network in Gujarat and it focuses on developing grass root level market knowledge and operational experience in markets it operates, in order to better understand customer requirements and ensure better collection, reduced loan delinquencies and greater efficiency of operations
Robust credit assessment and risk management framework
The target customers include micro-enterprises, SMEs, traders and individuals from low and middle-income customer segments and the company has developed customised credit analysis procedures for each product depending on the nature of the customer, purpose of the loan and the amount of loan advanced
Ascom Leasing Risks
"High Risk Financial Institutions" category
The company has been categorised under “High-Risk Financial Institutions” on account of non-compliance with PMLA and PML Rules in the list of FIU-IND and this could affect business and operations
Affected by volatility in interest rates
The company is affected by volatility in interest rates for both its lending and treasury operations, which could cause the net interest income to decline and adversely affect the return on assets and profitability
IPO FAQs
Ascom Leasing & Investments Ltd. IPO listing opened at Rs 30.25 while the issue price was Rs 30.00 giving 0.83% returns. After adjusting for subsequent bonus and splits, the stock trades at Rs 20.00 giving 837.25% gains since its IPO listing.
The promoter of the company is Tushar Rohitbhai Pandya.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 30.0 - 30.0.
The IPO application opens on Nov 26, 2019 and closes on Nov 28, 2019.
The minimum lot size for the IPO is 4000. The maximum lot size for the IPO is 4000.
For all category investors, the minimum application amount for this IPO is Rs. 120,000.0, the maximum value for this IPO is Rs 120,000.0.
This IPO will be allotted on Dec 03, 2019.
The refund will be credited to your account on Dec 04, 2019.
The allotted shares will be credited to your demat on Dec 05, 2019.
Ascom Leasing & Investments Ltd.’s shares listed on the stock exchanges on Dec 06, 2019.
