IPO Synopsis

ASK Automotive Ltd

Registered Office: Flat No 104 929/1 Naiwala,Faiz Road Karol Bagh, New Delhi - 110005, New Delhi, India. Phone : +91 124 439 6907   Fax: Email : compliance@askbrake.com Website :www.askbrake.com

Initial public offering of 29,571,390* equity shares of face value of Rs. 2 each ("Equity Shares") of ASK Automotive Limited ("The Company" or the "Issuer") for cash at a price of Rs. 282 per equity share of face value of Rs. 2 ("Offer Price") aggregating to Rs. 833.91 crores, comprising an offer for sale of 20,699,973* equity shares of face value of Rs. 2 aggregating to Rs. 583.74 crores by Kuldip Singh Rathee and 8,871,417* equity shares of face value of Rs. 2 aggregating to Rs. 250.17 crores by Vijay Rathee ("Promoter Selling Shareholders") (the "Offer for Sale" or the "Offer"). The offer shall constitute 15.00% of the post-offer paid-up equity share capital of the company. The face value of the equity share is Rs. 2 each. The offer price is 141 times the face value of the equity shares. *Subject to finalization of basis of allotment. Issue Opens On Closes On 07-Nov-23 09-Nov-23 Money Payable On Application Allotment 282.00 0.00 Minimum Application for shares in Nos : 53 Further Multiples of : 53 Cr Lead Managers to the Issue Project Cost (.Cr) 0.00 Axis Capital Ltd Project Financed through Current Offer (.Cr) 833.91   Post Issue Equity Share Capital (.Cr) 39.43 Issue Price () 282.00

Projects

Listing the Equity Shares on the Stock Exchanges

Promoted By

Kuldip Singh Rathee

Vijay Rathee

Listing At

BSE

NSE

Registrar to the Issue

No Data Available