ASK Automotive IPO details (7 – 9 Nov), (Price ₹268 to ₹282)
Listing date and Listing Price of ASK Automotive IPO:
- ASK Automotive IPO listed on BSE and NSE exchanges on – Click Here
- Listing Price of ASK Automotive IPO on NSE – Click Here
- Listing Price of ASK Automotive IPO on BSE – Click Here
Grey Market premium (GMP) price of ASK Automotive IPO:
Grey Market premium (GMP) price of ASK Automotive IPO is Rs. __. Grey Market premium (GMP) of ASK Automotive IPO means, unofficially if someone buys or sells his application at a fixed rate irrespective of listing price. Check latest GMP of all IPOs.
ASK Automotive IPO Allotment link status on Link Intime:
- Check the allotment status of ASK Automotive IPO on the below link given by Link Intime.
- ASK Automotive IPO Allotment Link – https://linkintime.co.in/MIPO/Ipoallotment.html
ASK Automotive IPO Allotment link status on Link Intime can be checked by Application No or DP Client ID or PAN.
ASK Automotive IPO subscription status details:
| QIB (Qualified Institl. Bidders) | NIB (Non-institutional Investor) | RII (Retail Individual Investor) | Employee category | Total No. of times applied | |
| No. of shares offered | |||||
| Day 1 | |||||
| Day 2 | |||||
| Day 3 |
ASK Automotive IPO highlights:
| ASK Automotive IPO bid Opens on | 7 Nov 2023 |
| ASK Automotive IPO bid Closes on | 9 Nov 2023 |
| Issue type | 100% Book Building |
| ASK Automotive IPO issue size | ₹ 834 Cr |
| Face value of each equity share | Rs. 2 |
| ASK Automotive IPO Price band | Rs 268 to Rs 282 per share |
| ASK Automotive IPO market lot | 53 equity shares and multiples |
| ASK Automotive IPO minimum order quantity | 53 equity shares |
| Pre IPO equity share of promoters of ASK Automotive | __ % |
| Post IPO paid-up equity share of promoters of ASK Automotive | __ % |
| QIB portion reservation in ASK Automotive IPO | 50 % |
| NIB portion reservation in ASK Automotive IPO | 15 % |
| Retail portion reservation in ASK Automotive IPO | 35 % |
| Retail individual bidder can apply in ASK Automotive IPO | up to 2 lakh (200,000) – Maximum 13 Lot |
| Retail individual discount in ASK Automotive IPO | NA |
| Employees can apply in ASK Automotive IPO | NA |
| Employees Reservation in ASK Automotive IPO | NA |
| Employees Discount in ASK Automotive IPO | NA |
| Listing of ASK Automotive at Exchanges | NSE, BSE |
| Fund raised from Anchor Investors in Pre-IPO of ASK Automotive | NA |
| Registrar of ASK Automotive IPO issue | Link Intime India Private Limited |
ASK Automotive IPO important dates regarding bidding, allotment, listing, refund etc. :
The probable dates regarding bidding, allotment, listing, refund of ASK Automotive IPO are mentioned below.
| ASK Automotive IPO opens on | 07.11.2023 |
| ASK Automotive IPO Closes on | 09.11.2023 |
| Allotment basis date of ASK Automotive IPO | 15.11.2023 |
| Money refund date of ASK Automotive IPO | 16.11.2023 |
| Shares of ASK Automotive in Demat Account | 17.11.2023 |
| ASK Automotive IPO listing date on NSE, BSE | 20.11.2023 |
How much shares of ASK Automotive IPO are being offered?
| Type of Issue (Fresh / OFS) | No. of Equity shares offered | Amount of Equity shares |
| Total Issue size | ₹ 834 Crore | |
| Fresh Issue size | – | ₹ 834 Crore |
| Offer for Sale (OFS) | – | ₹ 0 Crore |
| Employee Reservation | – | – |
IPO Red Herring Prospectus (RHP) of ASK Automotive:
Click here for IPO RHP of ASK Automotive on SEBI website.
Business of ASK Automotive: (Source – RHP)
We are the largest manufacturer of brake-shoe and advanced braking (“AB”) systems for two-wheelers (“2W”) in India with a market share of approximately 50% in Fiscal 2023 in terms of production volume for original equipment manufacturers (“OEMs”) and the branded independent aftermarket (“IAM”), on a combined basis (Source: CRISIL Report). We have been supplying safety systems and critical engineering solutions for more than three decades with in-house designing, developing and manufacturing capabilities. Our offerings are powertrain agnostic, catering to electric vehicle (“EV”) as well as internal combustion engine (“ICE”) OEMs. Our brand “ASK” is recognised as the leading brand in the 2W IAM in terms of production volume for Fiscal 2023 in India (Source: CRISIL Report)
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