The ASK Automotive IPO subscription status has started on November 07, 2023, and it is also being subscribed by QIB, NII, and RII. The ASK Automotive IPO began on 07 November 2023 and closes on 09 November 2023. ASK Automotive IPO is preparing to raise ₹834.00 crores through its offer for sale and the ASK Automotive IPO price band is fixed ₹268 to ₹282 per share. Check out ASK Automotive’ IPO GMP here.
ASK Automotive Limited is a largest manufacturer of brake-shoe and advanced braking (“AB”) systems for two-wheelers (“2W”) in India. The company has been supplying safety systems and critical engineering solutions for more than three decades with in-house designing, developing and manufacturing capabilities.
ASK Automotive IPO reserved shares in this IPO, 50% for QIB and 15% for NII, and 35% for the retail category have been reserved. To know the ASK Automotive IPO Subscription Status, you can see the below-day Subscription.
ASK Automotive IPO Review :
| Details | Valuation |
| PAT 2023 : Issue Price : EPS 2023 : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹122.95 Cr ₹282 EQ 6.18 45.63x 19.27 % 19.10 % 22.06 % 0.49 ₹32.66 ₹1443.34 Cr ₹5559.42 Cr 100.00 % 93.33 % |
| Team Review : | ✔ Apply For Long Term |
ASK Automotive IPO Subscription Status {Live Update} :
The total ASK Automotive IPO Subscription Status subscribed 51.14x times so far, with QIB subscribed 142.41x and NII subscribed 35.47x times & RII 5.70x times on Day 3. (Closed)
| C1ategory | Day 1 | Day 2 | Day 3 |
| QIB : | 0.03x | 0.06x | 142.41x |
| NII : _________ bNII (above ₹10L): sNII (below ₹10L): | 0.41x ______ 0.26x 0.73x | 2.28x ______ 1.82x 3.19x | 35.47x ______ 41.13x 24.16x |
| RII : | 0.57x | 1.70x | 5.70x |
| Total : | 0.38x | 1.35x | 51.14x |
ASK Automotive IPO Net Shares Offered:
ASK Automotive IPO is a public issue of 29,571,390 equity shares. The issue offers 5,914,278 shares to qualified institutional buyers, 4,435,709 shares to non-institutional investors, and 10,349,987 shares to retail investors.
| Category | Net EQ Offer | Amount(in Cr) |
| Anchor : | 8,871,416 | 250.17 |
| QIB : | 5,914,278 | 166.78 |
| NII : ________________________ bNII (bids above ₹10L) : sNII (bids below ₹10L) : | 4,435,709 ______________ 2,957,139 1,478,570 | 125.09 _______ 83.39 41.70 |
| RII : | 10,349,987 | 291.87 |
| Total : | 29,571,390 | 834.00 |
Investor Categories Define :
■ Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds, insurance companies, and pension schemes.
■ Non-Institutional Investors(NII): Retail Individual Investors, NRIs, Companies, Trusts, etc
● sNII (bids below Rs 10L): The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category.
● bNII (bids above Rs 10L): The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory.
■ Retail Individual Investors (RII): Retail Individual Investors or NRIs
■ Employee (EMP): Eligible Employees
■ Others: Eligible Shareholders
ASK Automotive IPO Subscription Status FAQs :
How much was the total ASK Automotive IPO Subscription Status?
The total ASK Automotive IPO Subscription Status 51.14x times Day 3.
What is the ASK Automotive IPO retail subscription Status?
ASK Automotive IPO Retail Subscription 5.70x times Day 3.
How much is the ASK Automotive IPO QIB subscription Status?
The ASK Automotive IPO QIB subscription 142.41x times Day 3.
How much did ASK Automotive IPO NII subscribe?
ASK Automotive IPO NII Subscription 35.47x times Day 3.
What is the ASK Automotive IPO Allotment Date?
ASK Automotive IPO allotment date is 15 November 2023
What is the ASK Automotive IPO Listing Date?
ASK Automotive IPO listing date is 20 November 2022. The IPO to list on BSE and NSE.
How to Apply the ASK Automotive IPO through Zerodha?
Log in to the Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “ASK Automotive IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the ASK Automotive IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “ASK Automotive IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the ASK Automotive IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “ASK Automotive IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the ASK Automotive IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “ASK Automotive IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| ASK Automotive IPO GMP: Click Here ASK Automotive IPO Details: Click Here ASK Automotive IPO Allotment: Click Here ASK Automotive IPO Listing: Click Here |
All ASK Automotive IPO-related links are available here. If you want to know the details then click on Click Here Link.
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