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IPO Synopsis IPO   > IPO Synopsis
As on : Feb 28,2024 07:10 PM
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 Money Payable On
Opens On Closes On Application Allotment
07-Nov-23 09-Nov-23 (Rs) 282.00 (Rs) 0.00
Minimum Application for shares in Nos : 53   Further Multiples of : 53
  Lead Managers to the Issue
Project Cost (Rs.Cr) 0.00 Axis Capital Ltd
Project Financed through Current Offer (Rs.Cr) 833.91  
Post Issue Equity Share Capital (Rs.Cr) 39.43  
Issue Price (Rs) 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