ASK Automotive Limited
Book Built Issue IPO · NSE, BSE
- Price band
- ₹268 - ₹282
- Lot size
- 53 shares
- Issue amount
- ₹834 cr
- Total subscription
- 51.14×
- Opens
- 7 Nov 2023
- Closes
- 9 Nov 2023
- Allotment
- 10 Nov 2023
- Listing
- 15 Nov 2023
Offer at a glance
Issue overview
- Issue size
- 2,95,71,390 shares
- Face value
- ₹2 Per Share
- Minimum investment
- ₹14,204
- Fresh issue
- ₹834 cr
- Offer for sale
- ₹834 cr
- Registrar
- Link Intime India Private Ltd
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,946
- Issue type
- Book Built Issue IPO
- Shares before issue
- 19,71,42,600
- Shares after issue
- 19,71,42,600
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 53 | ₹14,946 |
| sHNI | 14 | 742 | ₹2,09,244 |
| bHNI | 67 | 3,551 | ₹10,01,382 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 166.78 | 23,750.85 |
| RETAIL | 291.87 | 1,663.78 |
| HNIs 2+ | 41.7 | 1,007.16 |
| HNIs 10+ | 83.39 | 3,429.94 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 6.18 |
| ROE | 0 |
| ROCE | 0 |
| RONW | 19.1 |
| PRE IPO(PE) | 45.63 |
| POST IPO(PE) | 39.89 |
Values and labels as reported in the issue data.
Company information
Company profile
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.
Promoters
Kuldip Singh Rathee
Vijay Rathee
Registrar & documents
Lead manager
Jm Financial Limited, Axis Capital Limited, ICICI Securities Limited, IIFL Capital Services Limited
Registrar & contacts
Link Intime India Private Ltd
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Flat No. 104, 929/1, Naiwala,Faiz Road Karol Bagh,New Delhi 110 005
+91 124 4396907
[email protected]Company website ↗Understanding ASKAUTOLTD IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.