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ASK Automotive IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 834.00 Cr. The company is based in New Delhi and caters to Automobile sector. Axis Capital , ICICI Securities , Iifl Securities , Jm Financial are the merchant bankers of ASK Automotive IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 12th June 2023.
ASK Automotive IPO open date is 7th November 2023 and close date is 9th November 2023. IPO Allotment Date is 10th November 2023 and Listing date is 15th November 2023.
IPO
Size:
₹ 834.00 Cr.
Avg IPO Size (Sector Based)
: ₹
2,667.59 cr.
Sector: Automobile
IPO so far:
18
Merchant Banker:
Axis Capital
IPO by BRLM so far:
161
City:
New Delhi
IPO so far:
123
Revenue (annualised):
₹
2630.20
cr. 
PE
Ratio:
12.30x
Average Sector PE Ratio: 19.97x
ASK Automotive IPO size is ₹ 834.00 Cr. with IPO price of ₹ 282.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Axis Capital Limited is the book-running lead manager of the ASK Automotive IPO. Link Intime India Private Limited is the Registrar for ASK Automotive IPO.
ASK Automotive IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
ASK Automotive IPO, based in New Delhi, operates in the Automobile sector with a focus on Brake shoe and advance braking systems. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. ASK Automotive IPO size is ₹ 834.00 Cr. with fresh issue size of ₹ 834.00 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for ASK Automotive IPO is expected to be 10th November 2023, after the finalization of basis of allotment. Investors can check ASK Automotive IPO allotment status on the registrars website, Link Intime India Private Limited . ASK Automotive IPO refund dates are 10th November 2023.
ASK Automotive IPO is expected to be listed on 15th November 2023.
The upper price band for the ASK Automotive IPO is set at ₹ 282.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on ASK Automotive IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the ASK Automotive IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 9th November 2023. After submission, funds are blocked until the basis of allotment of ASK Automotive IPO is finalised.
The merchant banker for ASK Automotive IPO is Axis Capital Limited , ICICI Securities Limited , Iifl Securities Limited , Jm Financial Limited . Axis Capital Limited , ICICI Securities Limited , Iifl Securities Limited , Jm Financial Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the ASK Automotive IPO RHP for further details.
The registrar for ASK Automotive IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to ASK Automotive IPO through their official website or helpline.
ASK Automotive IPO was subscribed 51.14 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 834.00 Cr.
Avg IPO Size (Sector Based)
:
₹ 2,667.59 Cr.
Sector: Automobile
IPO so far:
18
Merchant Banker:
Axis Capital
IPO by BRLM so far:
161
City:
New Delhi
IPO so far:
123
Revenue (annualised):
₹ 2,626.00 cr.
PE
Ratio:
12.30x
Average Sector PE Ratio: 19.97x
ASK Automotive IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on ASK Automotive Financial Review Page
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 453.60.
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