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IPO Synopsis

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IPO

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 :
  • Website :
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
Project Financed through Current Offer (.Cr) 833.91  
Post Issue Equity Share Capital (.Cr) 39.43
Issue Price () 282.00
Projects
Promoted By
No Data Available
Listing At
No Data Available
Registrar to the Issue
No Data Available