ASK Automotive IPO


Established in 1988, ASK Automotive Limited is a manufacturer of advanced braking systems for two-wheelers in India. The company's product range includes (I) AB Systems; (ii) Aluminum Lightweight Precision("ALP") (iii) Wheel Assembly to 2W OEM; and (iv) Safety Control Cable ("SCC"). The company operates in India as well as abroad. 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 caters to the independent aftermarket and export market through its manufacturing facilities located in various parts of the country.



    ASK Automotive IPO Date, Price & Offer Details

    ASK Automotive IPO will be open on 07-10-2023 and will close on 09-10-2023. The following table provides all the information related to ASK Automotive IPO including the date, price and offer details of ASK Automotive IPO

    ASK Automotive IPO Date, Price & Offer Details
    Issue Open 07-10-2023
    Issue Close 09-10-2023
    Allotment Date 15-10-2023
    Unblocked Amount 16-10-2023
    Credit Demat Amount 17-10-2023
    Listing Date 20-10-2023
    Issue Size
    2,95,71,390 Total Equity Share
    Issue Size ₹ 834.00 Cr
    IPO Price Band ₹ 268 - 282 Per Equity Share
    Minimum Share Bid 53
    Minimum Investment Amount [₹]  ₹ 14,946
    Face Value ₹ 2 Per Equity Share
    Qualified Institutional Buyer [QIB] 50 %
    High Networth Individual [HNI] 15 %
    Retail Individual Investor [RII] 35 %
    Listing On BSE & NSE
    Rating / Ex My View** I Am Neutral

    ASK Automotive IPO Expected Premium (GMP)** (Read Disclaimer)

    www.liveipo.in or producer will not be responsible for any kind of your profit and losses. So applying to any IPO at your own risk. We do not buy or sell any type of IPO Application related to IPO Gray Market Premium. We only share IPO information. We are Not a Financial Advisor. Please consult your financial advisor before investing or trading. Stock Market investments are subject to market risk.

    ASK Automotive IPO Expected Grey Market Premium
    IPO Name Offer Price Ex-Premium Kostak S2S Ex. My View
    ASK Automotive IPO 268-282-- - I Am Neutral

    ASK Automotive Company Financial Report (₹ in Cr)

    As per we are checking ASK Automotive company financials report and we are displaying report data as shown in below table.

    ASK Automotive Company Financial Details (₹ in Cr)
    Financial Year Total Asset Total Revenue Total Expenses Profit After Tax
    FY-2021 948.25 1567.77 1420.39 106.20
    FY-2022 1105.56 2024.26 1905.99 82.66
    FY-2023 1281.21 2566.28 2390.62 122.95
    30-06-2023 1443.34 657.55 612.11 34.83
    Read More :- ASK Automotive IPO GMP

    ASK Automotive Company Valuation Details

    As per we check ASK Automotive company financials report and we display company valuation report data as shown in below table

    ASK Automotive Company Valuation Details
    Earnings Per Share [EPS] ₹ 6.18
    Price/Earnings [P/E] Ratio 45.63
    Return on Net Worth [RoNW] 19.10 %
    Net Asset Value [NAV] ₹ 32.66 Per Share
    Read More :- ASK Automotive IPO Allotment Status

    ASK Automotive IPO Share Lot Size

    The share price of ASK Automotive IPO is ₹268 - 282. So in ASK Automotive IPO Minimum share lot is 1 lot with a 53 share with an application amount of ₹14,946. And in retail category you can apply for a Maximum share lot is 13 lot with a 689 share with an application amount of ₹1,94,298.

    ASK Automotive IPO Share Lot Size
    Apllication Lot Size Shares Total Amount
    Retail Mini 1 53 14,946
    Retail Max 13 689 1,94,298
    Small HNI Mini 14 742 2,09,244
    Small HNI Max 66 3498 9,86,436
    Big HNI 67 3551 10,01,382
    Read More :- Investment Call

    ASK Automotive IPO Share Offer

    A total number of 2,95,71,390 shares have been offered in this public issue of ASK Automotive IPO, out of this total share - shares have been allotted for Fresh Issue and another - shares are to be offered for (OFS) offer for sale.

    ASK Automotive IPO Share Offer
    Category Share Offer Amount
    Fresh Issue: - -
    Offer For Sale: - -
    Total: 2,95,71,390 -
    Read More :- Upcoming IPO List

    ASK Automotive IPO Related Link
    ASK Automotive IPO GMP
    ASK Automotive IPO Subscription
    ASK Automotive IPO Allotment Status

    ASK Automotive IPO Subscription Details

    ASK Automotive Company has been issued total - shares through this IPO, a total - shares have been reserved for market movers for subscriptions as per the prospect report, and a total of - shares have been offered in QIB category and a total of - shares have been offered in RII.

    ASK Automotive IPO Subscription Details
    As on Date QIB NII RII Total
    Shared Offered - - - -
    Day-1
    [-]
    -
    [-]
    -
    [-]
    -
    [-]
    -
    [-]
    Day-2
    [-]
    -
    [-]
    -
    [-]
    -
    [-]
    -
    [-]
    Day-3
    [-]
    -
    [-]
    -
    [-]
    -
    [-]
    -
    [-]

    ASK Automotive IPO Listing Details

    ASK Automotive IPO has been listed on 20-11-2023. On the below table we are providing all the listing details with target price and stop loss.

    ASK Automotive IPO Listing Details
    Listing Date 20-11-2023
    BSE Code -
    NSE Code -
    ISIN Code -
    IPO Price ₹ 268 - 282
    Lot Size 53
    Expected Listing Price ₹ - ₹ -
    Book Profit ₹ -
    Stop Loss ₹ -
    Listing Group -
    - -

    ASK Automotive IPO GMP, Grey Market Premium

    In the below table we are providing the latest rate of ASK Automotive IPO GMP, Kostak Rate, Subject to Sauda, Listing Gain and Rating of this ASK Automotive IPO.

    ASK Automotive IPO Grey Market Premium
    ASK Automotive IPO Grey Market Premium

    ASK Automotive IPO Allotment Status

    ASK Automotive IPO Allotment will be available on below link so click on below link and check your ASK Automotive IPO Allotment Status.

    ASK Automotive IPO Allotment Status
    ASK Automotive IPO Allotment Status
      ASK Automotive IPO Live Subscription
    ASK Automotive IPO Subscription in BSE
    ASK Automotive IPO Subscription in NSE
    ASK Automotive IPO Prospectus
    ASK Automotive IPO DRHP
    ASK Automotive IPO RHP

    ASK Automotive Company Contact Details

    ASK Automotive Limited
    Flat No. 104, 929/1,
    Naiwala,Faiz Road
    Karol Bagh,New Delhi 110 005
    Phone: +91 124 4396907
    Email: compliance@askbrake.com
    Website: https://askbrake.com/

    ASK Automotive IPO Registrar

    Link Intime India Private Limited
    C-101, 247 Park
    LBS Marg, Surya Nagar
    Gandhi Nagar
    Vikhroli (West)
    Mumbai - 400 083
    Maharashtra, India
    Telephone: +91 22 4918 6200
    E-mail: askauto.ipo@linkintime.co.in
    Investor grievance e-mail: askauto.ipo@linkintime.co.in
    Website: www.linkintime.co.in
    Contact person: Shanti Gopalkrishnan
    SEBI registration number: INR000004058.

    ASK Automotive IPO Lead Managers

    JM Financial Limited
    Axis Capital Limited
    ICICI Securities Limited
    IIFL Securities Limited.

    ASK Automotive IPO FAQs

    What is the ASK Automotive IPO?
    ASK Automotive IPO is the Main Board IPO of - equity shares of the face value of ₹- aggregating up to ₹- Crores. The issue is priced at ₹- to ₹- per equity share. The minimum order quantity is - Shares.

    Who is the registrar company of ASK Automotive IPO?
    Link-Intime India Private Ltd is the registrar company of ASK Automotive IPO.

    When is the ASK Automotive IPO Opening date?
    The ASK Automotive IPO Opening on -

    When is the ASK Automotive IPO Closing date?
    The ASK Automotive IPO Closing on -

    When is the ASK Automotive IPO allotment date?
    The ASK Automotive IPO Allotment will be done on -

    ASK Automotive IPO Allotment Status

    On what date will the ASK Automotive IPO amount be refunded?
    ASK Automotive IPO will refund the amount on -

    On which date ASK Automotive IPO Shares will be credited to the demat account?
    The ASK Automotive IPO Shares will be credited to your demat account on -.

    When is the ASK Automotive IPO listing date?
    The ASK Automotive IPO listing date is on -.

    What is the ASK Automotive IPO Price Band?
    ASK Automotive IPO Price Band is ₹- to ₹-  per equity share.

    What is the lot size of the ASK Automotive IPO?
    ASK Automotive IPO the minimum bid is - Shares with ₹- amount and maximum bid is - shares with ₹-.

    What is the expected ASK Automotive IPO Listing Price?
    As Per Grey Market Premium (GMP) and Market view we are expected to listing ASK Automotive IPO is around ₹ - to ₹ -

    What is the ASK Automotive IPO Expected Returns?
    As per Grey Market Premium (GMP), ASK Automotive IPO Expected Returns is -% .

    What is the NSE and BSE Code for the ASK Automotive IPO?
    The ASK Automotive IPO NSE Code is - and the BSE Code is -.

    What is the stop loss in the ASK Automotive IPO?
    If the ASK Automotive IPO goes below - then sell the ASK Automotive IPO.

    What will i do in ASK Automotive IPO?
    If the ASK Automotive IPO listing above - then sell the ASK Automotive IPO and book profit.

    How to check ASK Automotive IPO Allotment Status?
    Below we are provide all the step how to check ASK Automotive IPO allotment online

    • Go to the ASK Automotive IPO Allotment Status Link
    • Click on Click Here button
    • Select ASK Automotive IPO
    • Enter your details (PAN Number, Application Number, DP Client ID)
    • Click Search Button
    • After Click on Search button you will be able to see allotment status
    • How to Apply the ASK Automotive IPO?
    • You can apply for the ASK Automotive IPO using ASBA online through your internet banking.
    • You can also apply for the ASK Automotive IPO via your stock brokers’ office by filling up the offline application form and submitting  it to your Bank.

    Disclaimer:-

    • I request to all investors, before applying any IPO, please check the fundamentals and financial condition of the company and then applying to any IPO.
    • www.liveipo.in or producer will not be responsible for any kind of your profit and losses. So applying to any IPO at your own risk.
    • We do not buy or sell any type of IPO Application related to IPO Gray Market Premium. We only share IPO information.
    • Please do not subscribe to any IPO just by looking at the Gray Market Premium price. It can change at any time.
    • We are Not a Financial Advisor. Please consult your financial advisor before investing or trading.
    • All updates/posts/discussions are only for education and learning purpose.
    • Disclaimer/Disclaimer/Terms and Conditions apply to all viewers and Members of this LiveIPO Groups or Channel.
    • All contain or post is based on research and case studies gathered from different books, media, internet, space, etc
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    • Group Admins or Owner are not responsible for any kind of your financial losses.
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    • Stock Market investments are subject to market risk🙏 Thanks

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