Ascom Leasing & Investments LtdNSE ASCOM Stock Report

Ascom Leasing & Investments Ltd. engages in the business of finance, trading and hire purchase. The company is headquartered in Surat, Gujarat and currently employs 25 full-time employees. The company went IPO on 2019-12-06. The firm is primarily engaged in the lending business. The firm provides loans against property, pre-owned car loans, personal loans, home renovation loans and gold loans. Its common personal loans include mortgage loans, car loans, home equity lines of credit, credit cards, installment loans and payday loans. The firm offers a loan amount of Rs. 5,00,000 to Rs 50,000,000 against property with the eligibility of up to 50% of property market value and loan tenure up to 10 years. The firm offers a pre-owned car loan up to 80% of the vehicle's value as loan flexible tenure up to 60 months. The firm provides a loan amount of Rs. 25,000 to Rs 50,000,000 as a personal loan, with flexible repayment tenure between 1-5 years. The firm offers gold loans through Aaditya Group Interest-Free Gold Loans.