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Ashoka India Equity Inv Trust Plc (AIE) Ord GBP0.01

Sell:282.00p Buy:283.00p 0 Change: 1.00p (0.35%)
FTSE All Share:0.09%
Market closed |  Prices as at close on 4 October 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Redemption

Ashoka India Equity Inv Trust Plc Ord GBP0.01

Type:
Redemption
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 3 Sep 2024)

What is happening?

 

Ashoka India Equity Inv Trust Plc has announced details of a Redemption Offer, giving you the opportunity to redeem all or part of your holding.

 

The offer has been extended, and you have two options to consider before our noon on Wednesday 4 September 2024 deadline.

 

The price you will get for any shares sold in this offer will not be known until completion of the offer. The price will either be based on the asset value of the shares on a given date or calculated by creating a separate pool for those shareholders who elect to redeem. If a separate pool is created then you will have to wait for the assets to be realised before you get your cash, which is likely to take a number of months.

 

What are my options?

 

Option 1 – Redeem a number of shares. If you wish to redeem a number of shares please give us your instruction by noon on Wednesday 4 September 2024, at which point any shares put forward in acceptance of the offer will be removed from your portfolio. Cash from the redemption offer will be credited to your account on receipt.

 

Option 2 – Take no action. Shareholders are not obliged to tender any number of shares. If you do not return an instruction, no shares will be redeemed on your behalf and your holding will remain unchanged.

 

Full details of this event will be sent to qualifying Hargreaves Lansdown clients by either email or secure message. Please note that any instruction you give must be based on the full details provided in the message and not on the summary information outlined above.

×
Sell:282.00p
Buy:283.00p
Change: 1.00p (0.35%)
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
Market closed |  Prices as at close on 4 October 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Redemption

Ashoka India Equity Inv Trust Plc Ord GBP0.01

Type:
Redemption
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 3 Sep 2024)

What is happening?

 

Ashoka India Equity Inv Trust Plc has announced details of a Redemption Offer, giving you the opportunity to redeem all or part of your holding.

 

The offer has been extended, and you have two options to consider before our noon on Wednesday 4 September 2024 deadline.

 

The price you will get for any shares sold in this offer will not be known until completion of the offer. The price will either be based on the asset value of the shares on a given date or calculated by creating a separate pool for those shareholders who elect to redeem. If a separate pool is created then you will have to wait for the assets to be realised before you get your cash, which is likely to take a number of months.

 

What are my options?

 

Option 1 – Redeem a number of shares. If you wish to redeem a number of shares please give us your instruction by noon on Wednesday 4 September 2024, at which point any shares put forward in acceptance of the offer will be removed from your portfolio. Cash from the redemption offer will be credited to your account on receipt.

 

Option 2 – Take no action. Shareholders are not obliged to tender any number of shares. If you do not return an instruction, no shares will be redeemed on your behalf and your holding will remain unchanged.

 

Full details of this event will be sent to qualifying Hargreaves Lansdown clients by either email or secure message. Please note that any instruction you give must be based on the full details provided in the message and not on the summary information outlined above.

×
Sell:282.00p
Buy:283.00p
Change: 1.00p (0.35%)
Market closed |  Prices as at close on 4 October 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Redemption

Ashoka India Equity Inv Trust Plc Ord GBP0.01

Type:
Redemption
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 3 Sep 2024)

What is happening?

 

Ashoka India Equity Inv Trust Plc has announced details of a Redemption Offer, giving you the opportunity to redeem all or part of your holding.

 

The offer has been extended, and you have two options to consider before our noon on Wednesday 4 September 2024 deadline.

 

The price you will get for any shares sold in this offer will not be known until completion of the offer. The price will either be based on the asset value of the shares on a given date or calculated by creating a separate pool for those shareholders who elect to redeem. If a separate pool is created then you will have to wait for the assets to be realised before you get your cash, which is likely to take a number of months.

 

What are my options?

 

Option 1 – Redeem a number of shares. If you wish to redeem a number of shares please give us your instruction by noon on Wednesday 4 September 2024, at which point any shares put forward in acceptance of the offer will be removed from your portfolio. Cash from the redemption offer will be credited to your account on receipt.

 

Option 2 – Take no action. Shareholders are not obliged to tender any number of shares. If you do not return an instruction, no shares will be redeemed on your behalf and your holding will remain unchanged.

 

Full details of this event will be sent to qualifying Hargreaves Lansdown clients by either email or secure message. Please note that any instruction you give must be based on the full details provided in the message and not on the summary information outlined above.

×
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
Open:
285.00p
Trade high:
290.00p
Year high:
293.00p
Estimated NAV:
286.21
Previous close:
285.00p
Trade low:
282.00p
Year low:
220.00p
Premium/Discount:
-0.42%
Previous:
0.00p (0.00%) Previous:
0.00p
Volume:
220,578
Dividend yield:
n/a
Currency:
GBX
Data delayed by at least 15 minutes.

Share chart Chart

Price

  • Net Asset Value (NAV)
ASHOKA INDIA E. performance chart

The chart is based on estimated NAV but will be updated with actual NAV when available.

Premium/Discount

ASHOKA INDIA E. performance chart
Full interactive share price and premium / discount charts

Performance

1 week 1W 2.41% 1 year 1Y 24.02%
1 month 1M 0.7% 2 years 2Y 32.09%
3 months 3M 0.7% 3 years 3Y 49.87%
6 months 6M 9.23% 5 years 5Y 158.18%

Performance figures are based on the previous close price. Past performance is not an indication of future performance.

Trust Basics

Benchmark: MSCI India IMI GBP
Annual management charge: n/a
Performance fee: Yes
Ongoing charge: 0.36%
Dividend yield: n/a
Dividend frequency: Annually
Total assets: £462m
Gross gearing: 0%
Market capitalisation:Market cap.: £460m
Shares in issue: 161.23 million
Legal structure Closed Ended Investment Company
Domicile: United Kingdom
ISIN GB00BF50VS41

Dividend information for this stock is not available.

Dividend information for this stock is not available.

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Important Documents



Objective

The investment objective of the company is to achieve long-term capital appreciation, mainly through investment in securities listed in India and listed securities of companies with a significant presence in India. The company shall invest primarily in securities listed on any recognised stock exchange in India and securities of companies with a significant presence in India that are listed on stock exchanges outside India. The company may also invest up to 10% of GA (calculated at the time of investment) in unquoted companies with a significant presence in India.

NET ASSET VALUE (NAV)

Estimated NAV: 286.21p
Latest actual NAV: 285.53p
Latest actual NAV date: 3 October 2024
Premium/Discount: -0.42%
12m average Premium/Discount: 1.71%
NAV frequency: Daily
Security Weight
ICICI Bank Ltd ADR 3.57%
Tata Consultancy Services Ltd 3.10%
State Bank of India 2.95%
Zomato Ltd 2.44%
HDFC Bank Ltd 2.43%
Bharti Airtel Ltd 2.14%
CG Power & Industrial Solutions Ltd 2.08%
Nestle India Ltd 2.04%
Cholamandalam Financial Holdings Ltd 2.03%
ICICI Bank Ltd 2.01%
Sector Weight
Financial Services 22.79%
Consumer Cyclical 17.72%
Industrials 16.93%
Technology 10.73%
Healthcare 9.66%
Consumer Defensive 7.27%
Basic Materials 6.06%
Communication Services 4.37%
Real Estate 2.76%
Utilities 1.16%
Country Weight
India 99.45%

Key Dates

Launch date: 3 July 2018
Financial year end: June
Next AGM: December 2024

Annual & interim reports

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by NBTrader. Charts provided by Factset. Dividend data provided by Digital Look. Recent trade data provided by MoneyAM. Trust basics, holding data, key dates, objective and NAV provided by Morningstar.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.