IPO Trending
ASKAUTOLTDEQ / NSE, BSEListed

ASK Automotive Limited

Incorporated in 1988, ASK Automotive Limited is a leading Indian manufacturer of advanced braking systems for two-wheelers, with a product portfolio that includes AB systems, aluminium lightweight precision parts, wheel assemblies, and safety control cables, serving both domestic and international markets. As of June 2023, the company has 15 manufacturing units across five states and supplies to major OEMs like Honda, Hero MotoCorp, Suzuki, TVS, Yamaha, Bajaj, Royal Enfield, Denso, and Magneti Marelli, along with the independent aftermarket and export markets. The company’s facilities are certified with global standards like IATF 16949:2016, ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, showcasing its strong focus on quality and safety.

₹268 - ₹28251.14x sub
Listed Price303.30
Listing Gain+7.55%
TimelineBook Built Issue IPO
Open07 Nov 2023
Close09 Nov 2023
Allotment10 Nov 2023
Listing15 Nov 2023

Quota Reservation Portions

RetailPortion: 1,03,49,987 shares
35%
Nii(hni)Portion: 44,35,709 shares
15%
QIBPortion: 1,47,85,694 shares
50%

Minimum Application Bracket Matrix

Retail1 lots / 53 shares
₹14,946
sHNI14 lots / 742 shares
₹2,09,244
bHNI67 lots / 3,551 shares
₹10,01,382

About the Company

Incorporated in 1988, ASK Automotive Limited is a leading Indian manufacturer of advanced braking systems for two-wheelers, with a product portfolio that includes AB systems, aluminium lightweight precision parts, wheel assemblies, and safety control cables, serving both domestic and international markets. As of June 2023, the company has 15 manufacturing units across five states and supplies to major OEMs like Honda, Hero MotoCorp, Suzuki, TVS, Yamaha, Bajaj, Royal Enfield, Denso, and Magneti Marelli, along with the independent aftermarket and export markets. The company’s facilities are certified with global standards like IATF 16949:2016, ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, showcasing its strong focus on quality and safety.

Company Promoters

Kuldip Singh RatheeVijay Rathee
ASK Automotive Limited IPO Details | GMP, Allotment & Financials | IPO Trending