Ascom Leasing IPO vs Valencia IPO

Comparision between Ascom Leasing IPO and Valencia IPO.

IPO Details

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

	Ascom Leasing IPO	Valencia IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Fast Track Finsec Pvt Ltd	Aryaman Financial Services Limited
Registrar	Skyline Financial Services Private Ltd	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
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 Valencia IPO is up to ₹7.23 Cr. The final issue price of Ascom Leasing IPO is ₹30.00 per share and of Valencia IPO is ₹46.00 per share.

	Ascom Leasing IPO	Valencia IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹30.00 per share	₹46.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	4000 shares	3000 shares
Fresh Issue Size		13,05,000 shares
Fresh Issue Size (Amount)		up to ₹6.00 Cr
OFS Issue Size		2,67,000 shares
OFS Issue Size (Amount)		up to ₹1.23 Cr
Issue Size Total	21,08,000 shares	15,72,000 shares
Issue Size Total (Amount)	up to ₹6.32 Cr	up to ₹7.23 Cr

IPO Timetable

Ascom Leasing IPO opens on Nov 26, 2019, while Valencia IPO opens on Dec 23, 2019. The closing date of Ascom Leasing IPO and Valencia IPO is Nov 28, 2019, and Dec 27, 2019, respectively.

	Ascom Leasing IPO	Valencia IPO
Anchor Bid Date
Issue Open	Nov 26, 2019	Dec 23, 2019
Issue Close	Nov 28, 2019	Dec 27, 2019
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

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

Ascom Leasing IPO

Valencia 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 (Rs in Lakhs)
	30-June-19	31-Mar-19	31-Mar-18	31-Mar-17
Total Assets	239.87	141.25	161.37	32.81
Total Revenue	93.31	149.47	42.55	73.71
Profit After Tax	(92.16)	(214.14)	(115.97)	(146.50)

Promoter Shareholding (Pre-Issue)

98.94%

82.09%

Promoter Shareholding (Post-Issue)

72.24%

62.91%

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

	Ascom Leasing IPO	Valencia IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,08,000 shares	84,000 shares
QIB
NII	10,00,000 shares	7,44,000 shares
RII	10,00,000 shares	7,44,000 shares
Employee
Others
Total	20,00,000 shares	14,88,000 shares

Bids Received (Subscription)

Ascom Leasing IPO subscribed 1.47x in total, whereas Valencia IPO subscribed 1.56x.

	Ascom Leasing IPO	Valencia IPO
QIB (times)
NII (times)	1.92x	2.53x
Big NII (times)
Small NII (times)
RII (times)	1.03x	0.58x
Employee (times)
Other (times)
Total (times)	1.47x	1.56x

Compare with others

Ascom Leasing IPO	Valencia IPO
HindPrakash IPO	Madhav Copper FPO
Gian Lifecare IPO	Janus IPO
Vaxtex Cotfab IPO	HindPrakash IPO
Valencia IPO	Gian Lifecare IPO
DC Infotech IPO	Vaxtex Cotfab IPO
Mangalam Global IPO	DC Infotech IPO
Anuroop IPO	Ascom Leasing IPO
Sona Hi Sona IPO	Mangalam Global IPO
Goblin IPO	Anuroop IPO
Galactico IPO	Sona Hi Sona IPO

Comments

Add a public comment...