ASK Automotive Limited IPO 

ASK Automotive Limited IPO

ASK Automotive Limited is an Indian company that manufactures auto parts. They specialize in braking systems for two-wheelers.
Advance Braking Systems (AB systems):
Aluminum lightweight precision (ALP):
Wheel assembly to 2W OEMs
Safety control cables (SCC):
Brake shoe and lining
Clutch plates
Aluminum die casting
Control cables
Other information
Incorporated in 1988
Operating revenues over INR 500 cr for the financial year ending on 31 March, 2022
Authorized share capital of INR 45.00 cr
Total paid-up capital of INR 40.18 cr
Chairman and Managing Director is Kuldip Singh Rathee
Serves customers in India

ASK Automotive Limited Timeline

IPO Open Date07 Nov 2023
IPO Close Date09 Nov 2023
Allotment Date15 Nov 2023
IPO Listing Date20 Nov 2023

ASK Automotive Limited IPO Details

Issue TypeBook Built Issue IPO
Face ValueRs. 2 Per Equity Share
IPO PriceRs. 268 to Rs.282 Per Equity Share
Market Lot53 Share
Issue SizeApprox. Rs. 834 Crore.

ASK Automotive Limited IPO  Lot Size

Minimum153Rs. 14946
Maximum13689Rs. 194298
Small HNI (Minimum)14742Rs. 209244
Big HNI (Minimum)673551Rs. 1001382

ASK Automotive Limited IPO  Details Allotment Status

Company Financials:

Particular31 March 202331 March 202231 March 2021
Total Assets1281.211105.56948.25
Total Revenue2566.282024.261567.77
Profit After Tax122.9582.66106.20
for accurate figures follow the company financials.

Company Promoters:

The promoters of the company are Kuldip Singh Rathee and Vijay Rathee.

Purpose of the issue

  • The company will not receive any proceeds from the Offer and all the Offer Proceeds will be received by the Selling Shareholders, in proportion to the Offered Shares sold by the respective Selling Shareholders as part of the Offer.

Registrar & Company Details

Company Contact InformationIPO Registrar
ASK Automotive Limited

Flat No. 104, 929/1,
Naiwala,Faiz Road
Karol Bagh,New Delhi 110 005
Phone: +91 124 4396907
Link Intime India Private Ltd

Phone: +91-22-4918 6270

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