Ascom Leasing IPO vs Sona Hi Sona IPO

Comparision between Ascom Leasing IPO and Sona Hi Sona IPO.

IPO Details

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

	Ascom Leasing IPO	Sona Hi Sona 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	Fedex Securities 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 Sona Hi Sona IPO is up to ₹4.50 Cr. The final issue price of Ascom Leasing IPO is ₹30.00 per share and of Sona Hi Sona IPO is ₹10.00 per share.

	Ascom Leasing IPO	Sona Hi Sona IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹30.00 per share	₹10.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	4000 shares	10000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	21,08,000 shares	45,00,000 shares
Issue Size Total (Amount)	up to ₹6.32 Cr	up to ₹4.50 Cr

IPO Timetable

Ascom Leasing IPO opens on Nov 26, 2019, while Sona Hi Sona IPO opens on Sep 30, 2019. The closing date of Ascom Leasing IPO and Sona Hi Sona IPO is Nov 28, 2019, and Oct 04, 2019, respectively.

	Ascom Leasing IPO	Sona Hi Sona IPO
Anchor Bid Date
Issue Open	Nov 26, 2019	Sep 30, 2019
Issue Close	Nov 28, 2019	Oct 04, 2019
Basis Of Allotment (Tentative)		Oct 10, 2019
Initiation of Refunds (Tentative)		Oct 11, 2019
Credit of Share (Tentative)		Oct 14, 2019
Listing date (Tentative)		Oct 15, 2019
Anchor Lockin End date 1		Nov 09, 2019
Anchor Lockin End date 2		Jan 08, 2020

Financials

Ascom Leasing IPO P/E ratio is , as compared to Sona Hi Sona IPO P/E ratio of .

Ascom Leasing IPO

Sona Hi Sona 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)
	31-Mar-19	31-Mar-18	31-Mar-17
Total Assets	2,224.40	2,230.88	1,220.15
Total Revenue	6,717.98	5,903.26	5,448.10
Profit After Tax	38.86	18.65	6.18

Promoter Shareholding (Pre-Issue)

98.94%

100%

Promoter Shareholding (Post-Issue)

72.24%

73.19%

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

	Ascom Leasing IPO	Sona Hi Sona IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,08,000 shares	2,40,000 shares
QIB
NII	10,00,000 shares	21,30,000 shares
RII	10,00,000 shares	21,30,000 shares
Employee
Others
Total	20,00,000 shares	42,60,000 shares

Bids Received (Subscription)

Ascom Leasing IPO subscribed 1.47x in total, whereas Sona Hi Sona IPO subscribed 1.21x.

	Ascom Leasing IPO	Sona Hi Sona IPO
QIB (times)
NII (times)	1.92x	1.74x
Big NII (times)
Small NII (times)
RII (times)	1.03x	0.69x
Employee (times)
Other (times)
Total (times)	1.47x	1.21x

Compare with others

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

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