ASK Automotive IPO shares to list tomorrow; latest GMP, what to expect from listing?
₹300 and ₹310 from the issue price of ₹282. The number of IPOs appears to have increased, and investors' returns appear to be declining.
This indicates that there may be a fatigue factor entering the mainboard IPO. So possibly investors need to have some time and breathing space, if the IPO's momentum has to carry on.
Also Read: ASK Automotive IPO: 10 key risks investors should consider before subscribing to the issue ASK Automotive IPO price band was fixed in the range of ₹268 to ₹282 per equity share of face value of ₹2. ASK Automotive IPO reserved not more than 50% of the shares in the public issue for Qualified Institutional Buyers (QIB), not less than 15% for Non Institutional Investors (NII), and not less than 35% of the offer is reserved for Retail Investors.
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