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ASK Automotive Ltd
ASK Automotive Ltd
Registered Office : Flat No 104 929/1 Naiwala,Faiz Road Karol Bagh,New Delhi New Delhi 110005 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.
Opens On
Closes On
07-Nov-2023
09-Nov-2023
Application
Allotment
282.00
0.00
Minimum Application for shares in Nos : 53.0 Further Multiples of : 53.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
0.00
833.91
39.43
282.00
Axis Capital Ltd
ICICI Securities Ltd
IIFL Securities Ltd
JM Financial Ltd
- Listing the Equity Shares on the Stock Exchanges
- Kuldip Singh Rathee
- Vijay Rathee
- BSE
- NSE
- MUFG Intime India Pvt Ltd