₹ 14946 / 53 shares
Issue Date
--
Investment/lot
₹ 14946
Price Range
282
Lot Size
53
IPO Size
₹ 833.91 Cr
Listing On
15 Nov'23
Issue Price
--
Listed Price
₹ 303.3
Retail Gain/Listing Gain
▲7.55%
Ask Automotive Limited is 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).
The company has been supplying safety systems and critical engineering solutions for more than three decades with in-house designing, developing and manufacturing capabilities. Their offerings are powertrain agnostic, catering to electric vehicles (EV) as well as internal combustion engine (ICE) OEMs.
The 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).
Here are the key financials for Ask Automotive Limited:
Particulars (in Rs. million)
Particulars (in Rs. million)
How to apply for IPO through ASBA
Kotak Securities
•00m 59s
ASK Automotive Ltd will list on 2023-11-15.
833.91 is the issue size of ASK Automotive Ltd IPO.
The minimum lot size is 53 shares and the investment required is ₹14946.
The price band of ASK Automotive Ltd IPO is ₹282 to ₹0.
The Ask Automotive Limited IPO has an issue size of Rs. 833.91 crores. The IPO opens for subscription on 7th November and closes on 9th November 2023.
Link Intime India Private Limited is the registrar for this IPO.
You may read more about Ask Automotive Limited and its IPO from the company’s red herring prospectus (RHP) here: