ASK Automotive Limited IPO Date, Price, Review and Details
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November 07, 2023 - November 09, 2023
Closed
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ASK Automotive Limited IPO
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Automotive Limited IPO was engaged in In the car world, they're all about
giving you really safe, super precise, and top-quality stuff. They make fancy
braking systems, lightweight solutions with aluminum, and safety control
cables. They have got 15 places where they make these things, plus a design
center, a place to make tools, and labs for researching and testing.
ask
automotive ipo are the biggest maker of brake shoes and
advanced braking systems for motorcycles in India. In the year 2023, they made
about half of all the brake stuff that original equipment manufacturers (OEMs)
and independent aftermarket brands (IAM) needed. They run their business using
high-tech knowledge in fancy materials and exact engineering. Their main focus
is on creating and researching, and They've been doing it for over 30 years. ask
automotive (p) ltd use all this experience to make special products that fit
exactly what their customers are looking for. They are
really good at creating and making lightweight solutions that are super precise
for car makers. This helps them make cars that are safer, work better, last
longer, and are more efficient overall. They are not just about cars though – They
also provide important systems and solutions for things like ATVs, power tools,
and outdoor gear.
Company Promoters:
· Kuldip Singh Rathee
· Vijay Rathee
Objects of this Issue:
· Carry out
the Offer for Sale of up to 29,571,390 Equity Shares.
Financial Information of the Company:
Amount in Million (Rs.)
As on 31 Mar 2023
As on 31 Mar 2022
As on 31 Mar 2021
Total Assets
12,812.08
11,055.63
9,482.53
Total Liabilities
6,374.37
4,736.55
3,260.28
Net Profit
1,229.53
826.59
1,062.01
Amount in Million (Rs.)
As on 31 Mar 2023
As on 31 Mar 2022
As on 31 Mar 2021
Total Assets
12,812.08
11,055.63
9,482.53
Total Liabilities
6,374.37
4,736.55
3,260.28
Net Profit
1,229.53
826.59
1,062.01
ASK Automotive Limited IPO Schedule
1.
Bid or Offer Opens on: 07 November 2023
6.
Listing Date: 20 November 2023
ASK Automotive Limited IPO Lot Size
Market lot size of the ASK AUTOMOTIVE LIMITED IPO is 1 share. Minimum and Maximum order quantity is as follows:
Application | Lots | Shares | Amount | |
Retail | Minimum | 1 | 53 | ₹14,946 |
Maximum | 13 | 689 | ₹194,298 | |
S-HNI | Minimum | 14 | 742 | ₹209,244 |
S-HNI | Maximum | 66 | 3498 | ₹986,436 |
B-HNI | Minimum | 67 | 3551 | ₹1,001,382 |
ASK Automotive Limited IPO
Flat No. 104, 929/1, Naiwala,
Faiz Road, Karol Bagh,
New Delhi 110 005, Delhi, India
Phone: +91 124 439
6907
Email: compliance@askbrake.com
Website: www.askbrake.com
ASK Automotive Limited IPO Registrar Details:
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
Lal Bahadur Shastri Marg
Vikhroli (West)
Mumbai 400 083
Maharashtra, India
Phone: +91 810 811 4949
Email: askauto.ipo@linkintime.co.in
Website: www.linkintime.co.in
Frequently Asked Question
You can apply for an IPO from any place by using the internet as it is an online process. You can apply for an IPO using 2 methods i.e., ASBA and UPI. ASBA facility is provided by your bank and UPI method is offered by your stock broker. You can invest in ASK Automotive Limited IPO by using any one of these methods at your convenience.
ASK Automotive Limited IPO is going to open on 07 November 2023.
IPOs can be volatile, and the stock price may fluctuate significantly in the initial days of trading. Investing in IPOs carries risks, and it's essential to thoroughly research the company before investing.
Usually, you can apply through the brokerage firms that are designated by the company and its underwriters to handle the IPO process.
The company hires investment banks to underwrite the IPO, determining the offering price and the number of shares to be issued. The shares are then sold to the public through the stock market.
Link Intime India Private Limited the registrar of ASK Automotive Limited IPO.
Pre-issue shareholdings of ASK Automotive Limited IPO promoters are 100%
Face value of equity shares of ASK Automotive Limited IPO is ₹10.
The meaning of " ASK Automotive Limited IPO GMP " is the Grey Market Premium (GMP) for the initial public offering (IPO) of ASK Automotive Limited IPO on the current day.
Market lot size of the ASK Automotive Limited IPO is 53 shares.
ASK Automotive Limited IPO will be closed on 09 November 2023.
ASK Automotive Limited IPO will get listed on November 20, 2023.
Price of 1 share of ASK Automotive Limited IPO is ₹268 to ₹282.
If you do not get the allotment of ASK Automotive Limited IPO shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
You will receive the allotted shares in your Demat account on November 15, 2023.
Companies go public to raise capital for expansion, acquisitions, or to pay off debt. It also provides early investors and employees with an opportunity to sell their shares.
ASK Automotive Limited IPO shares will get listed at NSE, BSE.
Post-issue shareholdings of ASK Automotive Limited IPO promoters are [.]%.
You can apply for an IPO from any place by using the internet as it is an online process. You can apply for an IPO using 2 methods i.e., ASBA and UPI. ASBA facility is provided by your bank and UPI method is offered by your stock broker. You can invest in ASK Automotive Limited IPO by using any one of these methods at your convenience.
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