ASK Automotive Limited shall open its Bid / Offer in relation to its initial public offer of Equity Shares on Tuesday, November 07, 2023. The Anchor Investor Bidding Date shall be Monday, November 06, 2023. The Bid/Offer will open on Tuesday, November 07, 2023 for subscription and will close on Thursday, November 09, 2023.
The Price Band of the Offer has been fixed at₹ 268 to ₹ 282 Per Equity Share. Bids can be made for a minimum of 53 Equity Shares and in multiples of 53 Equity Shares thereafter.
The total offer size of up to 29,571,390 Equity Shares of face value ₹ 2 each comprises of up to 20,699,973 equity shares by Kuldip Singh Rathee and up to 8,871,417 equity shares by Vijay Rathee.
This Equity Shares are being offered through the red herring prospectus of the Company dated October 30, 2023 filed with Registrar of Companies, Delhi and Haryana at New Delhi and are proposed to be listed on the BSE and the NSE.
More articles by the author
Main Board IPO Corner: SEDEMAC Mechatronics Limited
VMS TMT Reports Robust Growth
Indian Realty Update: Earnings, IPO Buzz, and Strategic Expansion
Globe Civil Projects Maintains Operational Stability in FY26
IPO Corner: Omnitech Engineering Ltd.
