ASK Automotive Limited

ASK Automotive Limited

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₹14,946(53 Shares)

Minimum Investment

IPO Dates

Nov 7, 2023 – Nov 9, 2023

Price Band

₹268–282 per equity share

Lot Size

53

Listing

Nov 15, 2023

Listing At

BSE, NSE

Nov 7, 2023Open DateCompleted
Nov 9, 2023Close DateCompleted
TBAAllotment DateUpcoming
Nov 15, 2023Listing DateCompleted

ASK Automotive Limited Live Subscription Details

All IPOs
QIB142.41x
Retail5.69x
NIIs
35.47x

NII Sub-Categories

bHNI (> ₹10L)

Bids above ₹10L

41.13x

sHNI (< ₹10L)

Bids ₹2L to ₹10L

24.14x

Overall Subscription

Total Bids Received

51.13x

ASK Automotive Limited IPO Issue Details

Issue Price
₹268-282 Per Equity Share
Face Value
₹2 Per Equity Share
Listing At
BSE, NSE
Listing Date
Nov 15, 2023

Company Information

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) ...

Valuations

RoNW

19.10%

Financial Information (₹ in Crores)

MetricFY 23FY 22FY 21
Total Assets1281.211105.56948.25
Total Revenue2566.282024.261567.77
Profit After Tax122.9582.66106.2
Net Worth

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1The 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 – Promoter(s)

Kuldip Singh Rathee
Vijay Rathee

Contact Details

ASK Automotive Limited IPO Documents

Frequently Asked Questions — ASK Automotive Limited IPO

The ASK Automotive Limited IPO price band is set at ₹268.00 to ₹282.00 per equity share.

The lot size for ASK Automotive Limited IPO is 53 shares per lot. The minimum investment amount is approximately ₹14,946.

The ASK Automotive Limited IPO opens on Nov 7, 2023 and closes on Nov 9, 2023.

ASK Automotive Limited IPO is expected to be listed on Nov 15, 2023 on BSE, NSE.

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