ASK Automotive promoter Kuldip Singh Rathee to offload 6% stake via OFS
WEB1 day ago · Since its listing, shares of the auto OEM have rallied around 51 percent in trade. Promoter Kuldip Singh Rathee will be selling a 6.05 percent stake in ASK Automotive via an offer for sale (OFS ...
ASK Automotive promoter Kuldip Singh Rathee to sell 6% stake via OFS …
WEB2 days ago · Auto parts maker ASK Automotive Ltd on Wednesday (September 25) said Kuldip Singh Rathee, one of the promoters of the company, has announced plans to sell a 6.05% equity stake through an offer for sale (OFS) scheduled for September 27-28, 2024. The floor price for the sale is set at ₹433 per share, with …
ASK Automotive Promoter To Offload Stake Worth Rs 516 Crore Through OFS
WEB2 days ago · ASK Automotive's OFS will have a base offer of 5.5% and an oversubscription of 0.5%. Kuldip Singh Rathee, the promoter of ASK Automotive Ltd., will offload a total of 6.05% stake worth Rs 516 crore through an offer for sale between Sept. 26 and Sept. 27. The orders for the OFS will be placed on both the BSE and NSE.
ASK Automotive shares tumble 5% as Rs 516 crore OFS opens …
WEB1 day ago · Shares of ASK Automotive fell by 5.4% to its day’s low of Rs 442.05 on the BSE as the company’s Rs 516.4 crore offer for sale (OFS) has opened for subscription today for the non-retail category. The floor price for the issue has been set at Rs 433 per share and 1,19,27,127 (1.19 lakh) shares are available for the subscription.
Ask Automotive promoter Kuldip Singh Rathee to sell 5.5% stake via OFS ...
WEB2 days ago · News Desk. News desk at BusinessUpturn.com. On September 25, 2024, ASK Automotive Limited’s promoter Kuldip Singh Rathee announced an Offer for Sale (OFS) of up to 10,842,843 equity shares, representing 5.5% of the company’s total paid-up equity share capital. The OFS is scheduled to open on September 26, 2024, for non-retail investors and ...
ASK Automotive Shares Plunge Following Promoter Stake Sale …
WEB1 day ago · The OFS will feature a base offer of 1.08 crore equity shares, representing 5.5% of the company, along with an additional oversubscription option of 10.84 lakh shares, or 0.5%. As of June 2024, Rathee held a significant 40.23% stake in ASK Automotive, and this stake sale is seen as a pivotal moment for the company.
ASK Automotive Promoter To Sell 6.05% Stake Via OFS
WEB2 days ago · ASK Automotive Ltd. news today. Kuldip Singh Rathee, one of the promoters of ASK Automotive Ltd., has announced plans to divest 6.05% of his equity stake through an Offer for Sale (OFS). The sale is scheduled to take place on September 27-28, 2024. The floor price for the OFS has been set at ₹433 per share, offering a …
ASK Automotive IPO opens. Should you subscribe to the issue?
WEBNov 7, 2023 · The initial public offer (IPO) of ASK Automotive opened for subscription today. The issue will run till November 9. Analysts are positive on ASK Automotive IPO given the company's strong growth potential, professional management and competitive advantage.
ASK Automotive files draft papers with Sebi to mop up funds via …
WEBJun 13, 2023 · ASK Automotive has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The IPO is entirely an offer for sale (OFS) of 2,95,71,390 equity shares by promoters — Kuldip Singh Rathee and Vijay Rathee — according to the draft red herring prospectus (DRHP).
ASK Automotive IPO hits D-Street: Check out all the key details …
WEBNov 7, 2023 · Auto parts maker ASK Automotive on Tuesday, November 7, launched an initial public offer (IPO) worth an estimated Rs 834 crore. The IPO will be open for subscription from 10 am to 5 pm for three trading days till Thursday, November 9.
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