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
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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.
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Issue
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Money Payable On
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Opens On
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Closes On
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Application
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Allotment
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07-Nov-23
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09-Nov-23
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(Rs) 282.00
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(Rs) 0.00
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Minimum Application for shares in Nos :
53
Further Multiples of :
53
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Lead Managers to the Issue
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Project Cost (Rs.Cr)
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0.00
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Axis Capital Ltd
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Project Financed through Current Offer (Rs.Cr)
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833.91
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Post Issue Equity Share Capital (Rs.Cr)
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39.43
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Issue Price (Rs)
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282.00
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