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Past performance
About Ascom Leasing & Investments Ltd Ascom Leasing & Investments Limited, established in 1986, operates as a non-deposit taking Non-Banking Financial Company (NBFC), registered with the RBI since December 2015. The company focuses on serving India's economically active poor, offering financial products to underserved markets, including small and medium enterprises (MSMEs) and the emerging middle class. Under the management of Mr. Rohit Pandya and Mr. Tushar Pandya since 2015, the company has seen impressive growth, exceeding 100% year over year.
The company provides a variety of financial services, including finance, hire purchase, leasing, and term loans, targeting first-time vehicle buyers, self-employed individuals, and small entrepreneurs with limited banking history. Ascom Leasing & Investments operates in over 20 districts in Gujarat, offering mortgage and individual loans for purposes such as education, home improvement, and vehicle purchase. In 2019, the company raised Rs 6.32 Crore through a public issue, enhancing its capital base to expand its services.