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ASK Automotive IPO is a Book Building 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 posted revenues of ₹ 2630.20 crores and PAT of ₹ 139.32 crores in FY24 on annualised basis.
Revenue:
₹ 2,626.00 Cr.
EBITDA Margin:
9.86
% 
Net Worth: ₹ 678.46 Cr.
Market Capitalisation:
₹ 5559.00 Cr.
P/E:
12.30 times
P/BV: 3.68 times
EV/EBITDA: 22.95 times
Financial results of ASK Automotive IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | Jun-23 | FY23 | FY22 | FY21 | |
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 1443.33 | 1281.20 | 1105.56 | 948.25 | |
| Net Worth | 678.46 | 643.77 | 631.90 | 622.22 | |
| Total Debt | 386.83 | 318.01 | 159.79 | 79.89 | |
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
656.50
2,626.00 |
2555.16 | 2013.08 | 1543.99 | |
EBITDA
EBITDA on annualised basis |
64.74
258.96 |
247.54 | 182.25 | 210.11 | |
PAT
PAT on annualised basis |
34.82
139.28 |
122.95 | 82.65 | 106.20 | |
ASK Automotive IPO PAT Margin is 5.30 % , ROCE (Return on Capital Employed) is 5.31 % as per latest financial. The below table shows ASK Automotive IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | Jun-23 | FY23 | FY22 | FY21 |
|---|---|---|---|---|
| EBITDA Margin (%) | 9.86 | 9.69 | 9.05 | 13.61 |
| PAT Margin (%) | 5.30 | 4.81 | 4.11 | 6.88 |
| EPS (₹) | 1.77 | 6.18 | 4.09 | 5.22 |
| ROE (%) | 5.13 | 19.10 | 13.08 | 17.07 |
| ROCE (%) | 5.31 | 22.06 | 16.76 | 21.98 |
| ROA (%) | 2.41 | 9.60 | 7.48 | 11.20 |
| Debt to Equity | 0.57 | 0.49 | 0.25 | 0.13 |
The market Capitalisation of ASK Automotive IPO is ₹ 5559.00 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The ASK Automotive IPO prospectus highlights an Return on Equity (ROE) of 5.13 % , Return on Assets (ROA) of 2.41 %, and an EBITDA Margin of 9.86 %, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows ASK Automotive IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.
The post-IPO market capitalisation of ASK Automotive IPO is ₹ 5559.00 Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.
The ASK Automotive IPO has a Price-to-Earnings (PE) ratio of 12.30 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.
ASK Automotive IPO reported revenue of ₹ 2630.20 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from ASK Automotive IPO provide insights into sales growth, market demand, and business scalability.
ASK Automotive recorded an EBITDA of ₹ 258.96 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
ASK Automotive Profit After Tax (PAT) is ₹ 139.28 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 2,626.00 Cr.
EBITDA Margin:
9.86
%
Net Worth: ₹ 678.46 Cr.
Market Capitalisation:
₹ 5559.00 Cr.
P/E:
12.30 times
P/BV: 3.68 times
EV/EBITDA: 22.95 times
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 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 519.80.
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