Ascom Leasing & Investments Ltd.
ASCOM.NS
National Stock Exchange of India- -
INR
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Financial - Credit Services
- Address
- India
- IPO Date
- Dec 20, 2019
- Website
- ascomlease.com
- Similar Companies
- Business
- Ascom Leasing & Investments Ltd. (ASCOM.NS) operates as a non-systematically important non-deposit taking non-banking financial company (NBFC) registered with the Reserve Bank of India, primarily engaged in the lending business targeting MSMEs, economically active poor individuals, farmers, and emerging middle-class customers in India. The company offers a diverse portfolio of loan products and services, including personal loans, mortgage loans, loans against property, farmer loans, education loans, MSME finance, construction project finance, gold loans, home renovation loans, pre-owned car loans, home equity lines of credit, installment loans, and payday loans; it also provides finance, hire purchase, leasing, and term lending solutions. Incorporated on December 16, 1986, with its registered headquarters at 331, 3rd Floor, Four Point Complex, Vesu, Besides Maniba Park, Surat, Gujarat 395007, India, the company initially commenced operations from Hyderabad before shifting its registered office to Surat in November 2015 and primarily serves more than 20 districts across Gujarat. In recent developments, the company underwent management changes in March 2015 when Mr. Rohit Pandya and Mr. Tushar Pandya took over, driving over 100% year-over-year growth post-transition; its equity capital increased notably to Rs. 11.71 crore by fiscal 2023. In 2024, Ascom Leasing & Investments Ltd. approved related party transactions including loans up to Rs. 20 crore to Aryan Infra (a partnership firm), re-designated Mr. Rohitkumar Balvantrai Pandya from whole-time director to non-executive director effective July 1, 2024, and re-appointed independent directors Mr. Ketanbhai Dhanjibhai Lakhani and Mr. Pradeep Champaklal Wadiwala for second five-year terms commencing July 1, 2024. Further operational updates in 2025 included the resignation of Company Secretary Ms. Karuna Sharma effective March 31, 2025, her replacement by Ms. Swati Maheshwari effective July 1, 2025, submission of audited financial results for fiscal year ended March 31, 2025 with an unmodified audit opinion, and compliance filings under SEBI regulations. These changes reflect ongoing strategic enhancements in governance and financing capabilities amid steady revenue growth to Rs. 12.92 crore for fiscal 2025.