58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

ASK Automotive Limited IPO (ASK Automotive IPO) Details

ASK Automotive Limited is an Automobile based company, located in New Delhi, ASK Automotive Limited IPO size was 834.00 Cr. and was issued at 282.00 per share. The share of ASK Automotive Limited were listed at 310.20 per share and are currently trading at 424.30 per share.

Type :
Sub Sector : Brake Shoe And Advance Braking Systems
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
2630.20 Cr.

PAT :
139.32 Cr.

Pricing Report

Issue Price :
282.00

Listing Price :
310.20

Current Market Price :
424.30

Issue Price vs CMP :
142.3 (50.46%)

listing Price vs CMP :
114.1 (36.78%)

Performance Report (CAGR* wise)

CAGR : 33.14
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About ASK Automotive

Company Information
ASK Automotive Limited is the largest manufacturer of brake-shoe and advanced braking (AB) systems for two-wheelers (2W) in India, holding a market share of approximately 50% in Fiscal 2022 based on production volume for original equipment manufacturers (OEMs) and the branded independent aftermarket (IAM), combined (Source: CRISIL Report). With over three decades of experience, the company has been supplying safety systems and critical engineering solutions, backed by in-house designing, development, and manufacturing capabilities. Its products are powertrain agnostic, serving both electric vehicle (EV) and internal combustion engine (ICE) OEMs. The brand "ASK" is recognized as the leading brand in the 2W IAM in terms of production volume for Fiscal 2022 in India (Source: CRISIL Report). The company’s strong in-house design and engineering capabilities allow
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Object of Issue
  • Offer for sale

ASK Automotive MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Nov, 2023
IPO Size :
834.00 Cr.
Market Cap :
5559.00 Cr.   
IPO Subscription :
51.14 X     
PE Multiple :
12.30
Merchant Banker :
Axis Capital Limited
IPO Registrar:
Link Intime India Private Limited
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Peer Companies Of This Sector

FAQs

ASK Automotive operates in Automobile and Brake Shoe And Advance Braking Systems. The Issue is listed on BSE,NSE in Nov, 2023. ASK Automotive IPO size was 834.00 Cr. with Issue price of 282.00 .

Merchant Banker(s) of ASK Automotive IPO: Axis Capital Limited , ICICI Securities Limited , Iifl Securities Limited , Jm Financial Limited

ASK Automotive IPO subscription was 51.14 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

ASK Automotive IPO listed at a listing price of 310.20 against the offer price of 282.00.

The current market price of ASK Automotive is 424.30.

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