ASK Automotive Limited IPO
ASK Automotive Limited IPO is listed on BSE and NSE, priced at ₹268–₹282 per share. The stock debuted at ₹303.3, delivering a listing gain of 7.6%. The IPO had a lot size of ₹53 shares and a minimum investment of ₹14,946.
ASK Automotive Limited IPO
- IPO Dates
- Nov 7, 2023 – Nov 9, 2023
- Price band
- ₹268-282 per equity share
- Minimum Investment
- ₹14,946
- Issue size
- Offer for Sale : 29,571,390 shares(aggregating up to ₹834.00 Cr)
- Lot size
- 53
- Allotment Date
- Nov 10, 2023
- Listing
- Nov 15, 2023
- Listing At
- BSE, NSE
IPO timeline
-
Nov 7, 2023
Open Date
Completed
-
Nov 9, 2023
Close Date
Completed
-
Nov 10, 2023
Allotment Date
Completed
-
Nov 15, 2023
Listing Date
Completed
Price Summary
- Last closing
- 447.00 (58.51%)
- 52 week high
- 578.50
- 52 week low
- 375.30
- Last update
ASK Automotive Limited IPO Essentials
ASK Automotive Limited IPO Details
ASK Automotive Limited IPO is priced at ₹268-282 per share with a total issue size of Offer for Sale : 29,571,390 shares(aggregating up to ₹834.00 Cr). The IPO has a lot size of 53 shares and is listed on BSE and NSE.
- Issue price
- ₹268-282 per equity share
- Lot size
- 53 shares
- Face value
- ₹2 Per Equity Share
- Issue size
- Offer for Sale : 29,571,390 shares(aggregating up to ₹834.00 Cr)
- Listing at
- BSE, NSE
- List price
- 303.3(NSE)
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
Jm Financial Limited, Axis Capital Limited, ICICI Securities Limited, Iifl Securities Ltd
ASK Automotive Limited IPO Analytics
ASK Automotive Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
ASK Automotive Limited IPO Subscription Status
ASK Automotive Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 5,914,278 |
4,435,709
2,957,139
1,478,570
|
10,349,987 | 20,699,974 |
|
Day 1
07-11-23 05:00 PM
|
0.03 x |
0.41x
0.72x
0.26x
|
0.56 x | 0.38 x |
|
Day 2
08-11-23 05:00 PM
|
0.06 x |
2.27x
1.82x
3.17x
|
1.69 x | 1.35 x |
|
Day 3
09-11-23 05:00 PM
|
142.41 x |
35.47x
41.13x
24.14x
|
5.69 x | 51.13 x |
ASK Automotive Limited Valuations
Earnings
- EPS (Post IPO)
- ₹6.19/-
Returns
- RoNW
- 19.10%
ASK Automotive Limited Financials( In Crs.)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 1,281.21 | 1,105.56 | 948.25 |
| Revenue | 2,566.28 | 2,024.26 | 1,567.77 |
| Profit After Tax | 122.95 | 82.66 | 106.20 |
ASK Automotive Limited Company & Offer Insights
About ASK Automotive Limited
ASK Automotive Limited is a manufacturer of Advance Braking Systems for two-wheelers in India.
The product range of the company includes (I) AB systems; (ii) aluminium lightweight precision(ALP) (iii) wheel assembly to 2W OEMs; and (iv) safety control cables (SCC). The company operates in India as well as overseas.
As of June 2023, the company has 15 manufacturing units spread across five states in India. ASK Automotive supplies to Original Equipment Manufacturers like HMSI, HMCL, Suzuki, TVS, Yamaha, Bajaj, Royal Enfield, Denso, Magneti Marelli, and others. It also provides to the independent aftermarket and the export market through its manufacturing facilities located in different parts of the country.
The company's manufacturing facilities have world-class certifications in quality and safety including IATF 16949:2016, ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018.
ASK Automotive Limited Promoter(s)
Kuldip Singh Rathee, Vijay Rathee are the company's promoters of ASK Automotive Limited.
ASK Automotive Limited IPO Issue Objectives
- •
- The company will not receive any proceeds from the Offer and all the Offer Proceeds will be received by the Selling Shareholders, in proportion to the Offered Shares sold by the respective Selling Shareholders as part of the Offer.
ASK Automotive Limited IPO - Anchor Investors
ASK Automotive garners Rs 250 crore from anchor investors ahead of IPO.
A total of 25 investors participated in the anchor book including marquee names such as Morgan Stanley, Goldman Sachs, Neuberger Berman, Florida Retirement System, Integrated Core Strategies, BNP Paribas Arbitrage, Societe Generale, and Copthall Mauritius Investment.
Domestic institutions including Nippon Life India, ICICI Prudential Mutual Fund, SBI Life Insurance Company, Tata Mutual Fund, ICICI Prudential Life Insurance Company, Canara Robeco Mutual Fund, Abakkus Diversified Alpha Fund, Edelweiss Trusteeship, and Bajaj Allianz Life Insurance Company also picked stake in the company
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
ASK Automotive Limited IPO is a book-built IPO worth ₹Offer for Sale : 29,571,390 shares(aggregating up to ₹834.00 Cr). The price band is ₹268–₹282 per share. The IPO opens on Nov 7, 2023 and closes on Nov 9, 2023. It will be listed on BSE and NSE. Link Intime India Private Ltd is the registrar.
The price band of ASK Automotive Limited IPO is ₹268 to ₹282 per share.
The lot size of ASK Automotive Limited IPO is 53 shares.
The minimum investment for ASK Automotive Limited IPO is approximately ₹14,946 based on the upper price band .
ASK Automotive Limited IPO opens on Nov 7, 2023 and closes on Nov 9, 2023.
The allotment date of ASK Automotive Limited IPO is Nov 10, 2023.
ASK Automotive Limited IPO is expected to be listed on Nov 15, 2023, on BSE and NSE .
ASK Automotive Limited IPO listed on Nov 15, 2023. It was issued at ₹303.3(NSE) and is currently around ₹447.00 as on 14-May-2026 3:30 PM, which is approximately 58.5% versus issue price. The 52-week high is ₹578.50.
Based on listing and post-listing performance, ASK Automotive Limited IPO delivered around 58.5% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy ASK Automotive Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
ASK Automotive Limited IPO valuation snapshot: P/E N/A, EPS ₹6.19/-, P/B N/A, RoNW 19.10%, and market cap N/A.
To apply for ASK Automotive Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of ASK Automotive Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for ASK Automotive Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check ASK Automotive Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the ASK Automotive Limited IPO allotment status on IPO Ji for quick and easy access.