ASK Automotive lists with 8.12% premium on the BSE
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ASK Automotive has debuted at Rs 304.90 on the BSE, up by 22.90 points or 8.12% from its issue price of Rs 282.00.
The scrip is currently trading at Rs. 306.95, up by 24.95 points or 8.85% from its issue price. It has touched a high and low of Rs. 311.75 and Rs. 304.15 respectively. So far 844143 shares were traded on the counter.
The offering, which was open for subscription between November 7, 2023 and November 9, 2023 was subscribed 51.14 times. The issue price was fixed at Rs 282 per share i.e. at upper end of price band of Rs 268-282 apiece.
ASK Automotive is a manufacturer of Advance Braking Systems that include products such as brake panel assembly, brake shoes, disc brake pads, brake lining, and mission case catering to multiple automotive vehicle segments including motorcycles, scooters, passenger vehicles, and commercial vehicles in both the internal combustion (IC) and electric vehicle segment.
