Next week, Protean eGov Technologies and ASK Automotive are planning to raise a cumulative Rs 1,324 crore through their public offers. Two IPOs in the SME segment Rox Hi-Tech and Sunrest Lifescience will also open for subscription next week.
The issue is entirely an offer-for-sale of 29.5 million shares by the company s promoters. Investors can bid for a minimum of 53 shares and multiples of 53 shares thereafter.
ASK Automotive has 15 manufacturing units spread across five states in India as of June 2023. ASK Automotive supplies to original equipment manufacturers (OEMs).