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ASK Automotive IPO subscribed 51x on final day
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ASK Automotive, a manufacturer of advanced braking systems, was subscribed 51.02 times on the final day.
The portion reserved for qualified institutional buyers was subscribed 142.41 times, while the non-institutional or high-net-worth investors' segment was subscribed 35.47 times.
The retail portion was subscribed 5.7 times.
JM Financial, Axis Capital, ICICI Securities, and IIFL Securities were the bankers to the offer.
About this in other media
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ASK Automotive shares debut at 8% premium. Should you buy, sell or hold? economictimes.indiatimes.com /1 year ago
ASK Automotive share price jumps after positive debut. Buy, sell or hold? livemint.com /1 year ago
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