IPO Trending
ASKAUTOLTDEQ / NSE, BSEListed
ASK Automotive

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.

DRHPANCHOR
₹268 - ₹28251.14x sub
Listed Price₹303.30
Listing Gain+7.55%

IPO Schedule & Timeline

Book Built Issue IPO
Open07 Nov 2023
Close09 Nov 2023
Allotment10 Nov 2023
Listing15 Nov 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail1,03,49,987 shares
35%
Nii(hni)44,35,709 shares
15%
QIB1,47,85,694 shares
50%

Minimum Application Lots

Retail1 Lot (53 shares)
₹14,946
sHNI14 Lots (742 shares)
₹2,09,244
bHNI67 Lots (3,551 shares)
₹10,01,382

Company Promoters

Kuldip Singh RatheeVijay Rathee

Company Background

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 un...

Lead Managers & Bankers

Jm Financial LimitedAxis Capital LimitedICICI Securities LimitedIIFL Capital Services Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Jun 2023)₹657.55 Cr
Growth-58.1%
Revenue Trend (₹ in Crores)
0.0983.72.0k3.0kMar 2021Mar 2022Mar 2023Jun 2023
PeriodRev (Cr)PAT (Cr)AssetsDebt
Jun 2023657.5534.831,443.34268.03
Mar 20232,566.28122.951,281.21231.82
Mar 20222,024.2682.661,105.56119.78
Mar 20211,567.77106.20948.2554.02

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values6.180%0%45.6339.89

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Ltd

Allotment Finalized
Allotment Date
10 Nov 2023
Official Status
Out / Finalized
Registrar
Link Intime India Private Ltd
Listing Date
15 Nov 2023

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Ltd

Direct allotment verification on the official registrar portal appointed for ASK Automotive. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization10 Nov 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date15 Nov 2023Trading commences on exchange

How to Check ASK Automotive Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select ASK Automotive from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About ASK Automotive IPO

Complete issue overview for ASK Automotive (ASKAUTOLTD) IPO. The issue features an equity share price band of ₹268 – ₹282 per share with a minimum retail lot size of 53 Shares (minimum application amount of ₹14,946). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions