
Financial Services / Non-Banking Financial Company · NSE
Ascom Leasing & Investments Ltd, established in 1986, is a non-banking financial company that provides financial services to economically active individuals who are often underserved by traditional banks. The company offers individual and mortgage-based loans, along with leasing and hire purchase services, with key products including micro-enterprise loans such as loans against property and personal loans, pre-owned vehicle loans, and home renovation loans. As of June 30, 2019, it served around 2,000 active customers with a business size of over ₹20 crore, primarily operating in Gujarat while following a decentralized model to support expansion across India. As an NBFC, the company does not accept public deposits and depends on bank borrowings and promoter funding, maintains loan-to-value ratios of about 50% for property-backed loans and 60–65% for home renovation loans, and caters mainly to professionals, self-employed individuals, first-time vehicle buyers, and small and medium business owners with limited access to formal credit.
Price Band
₹30
Issue Size
₹6.32 Cr
Lot Size
4000 shares
GMP
Est. Listing
₹30
at current GMP
Subscribed
—
Open
26 Nov 2019
Close
28 Nov 2019
Allotment
4 Dec 2019
Refund
5 Dec 2019
Demat Credit
6 Dec 2019
Listing
6 Dec 2019
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹30
Band: ₹30
Estimated Listing Price
₹30
Upper price + GMP
Lot Size
4000 shares
Min investment ₹1,20,000
Estimated Profit / Lot
₹0
4000 × ₹0
Grey Market Premium trend
—
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | — | 0.0% | ₹30 |
| 30 Oct 2026 | — | 0.0% | ₹30 |
| 29 Oct 2026 | — | 0.0% | ₹30 |
GMP is unofficial market data. Not a guarantee of listing performance.
Ascom Leasing and Investments Limited is bringing an initial public offering (IPO) in the Financial Services / Non-Banking Financial Company sector with an aggregate issue size of ₹6.32 Crores. The shares are offered at a price band of ₹30 to ₹30 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 4000 shares (approx. ₹1,20,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Skyline Financial Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2019-12-06, while un-allotted funds or UPI block mandates will be released on 2019-12-05.
The latest grey market premium for Ascom Leasing and Investments Limited IPO is ₹0, which indicates an expected listing price of ₹30.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.