ASK Automotive Limited
Promoters Kuldip Singh Rathee · Vijay Rathee
Against an issue price of ₹282. Split- and bonus-adjusted official closes — a past move, never a forecast.
ASK Automotive Limited raised ₹834 crore through a mainboard initial public offer.
The filing places it in Auto Components and names two promoters: Kuldip Singh Rathee and Vijay Rathee.
The book was open from 7 November 2023 to 9 November 2023.
The issue was priced at ₹282 a share, from a band of ₹268 to ₹282.
The whole offer is an offer for sale — ₹834 crore paid to existing shareholders selling down, not to the company.
The issuer reported the offer subscribed 51.0 times the shares on offer. That is its own final figure, filed with the exchange after the book closed — not a reading we took while bidding was open.
The shares listed on 15 November 2023.
The last official close on file is ₹640 (30 September 2026), which is 127.0% above the issue price.
It now trades as ASKAUTOLTD, and its filed financials are on its company page.
Shares sold in the issue at ₹282 last closed at ₹640.1.
See ASKAUTOLTD’s filed financials and price history →Official exchange closes, restated for splits, bonuses and rights issues since listing. A record of past price movement, not a forecast.
No fresh issue — every share in this offer is being sold by existing shareholders, so the company itself raises nothing.
- How it was priced
- Book-built — the price was discovered inside a band from the bids received
- Listing sought at
- BSE And NSE
- Designated exchange
- NSE
- Discount
- None offered
- Registered office
- Central India
- Company website
- WWW.ASKBRAKE.COM
- Registrar
- Link Intime India Private Limited
- Lead managers
- Other LM / BRLM
- Axis Capital Limited
- ICICI Securities Limited
- IIFL Securities Limited
- Bidding opens7 Nov 2023
- Bidding closes9 Nov 2023
- Basis of allotmentnot published
Not published in the exchange feeds we ingest — we do not estimate it.
- Listing15 Nov 2023
This is the issuer’s own final figure, filed with the exchange once bidding had closed — not a reading we took while the book was open. The exchange publishes only a running cumulative figure and no history, so for an issue nobody polled live this filing is the only account of the book that exists. It covers the whole offer and carries no breakdown by category and no timestamp.
- Anchor investors30.0%88,71,416 sh
- Qualified institutional buyers20.0%59,14,278 sh
- Non-institutional investors15.0%44,35,709 sh
- Retail individual investors35.0%1,03,49,987 sh
No part of the offer was set aside for market maker, reserved portion or other.
The portion of the offer set aside for each category before bidding opened, as the issuer filed it. The anchor allocation is filed as its own line rather than inside the institutional one, so these add up to the whole offer. Shares as filed; the percentages are computed against the offer's own share count.
We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.
We have not extracted an anchor allotment list for this issue.
- All other pre-issue capitalSEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment15 May 2024already free
- Promoters' minimum contributionSEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment15 May 2025already free
Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.
The "Basis for Offer Price" chapter states the earnings the price was set against and the multiples it implies. We have not extracted it for this issue — several offer documents are served as .zip archives or as scanned pages with no text layer.
We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.
We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.
The peer table is printed in the offer document's "Basis for Offer Price" chapter; we have not extracted it for this issue yet.
| Firm | Issues | Typical listing move | Below issue @30d | @90d | @180d |
|---|---|---|---|---|---|
Axis Capital Limited 2021 – 2026 | 86 18 measurable | +11.7% | 5 of 15 | 1 of 5 | 2 of 8 |
ICICI Securities Limited 2021 – 2026 | 87 13 measurable | +16.6% | 5 of 11 | 2 of 5 | 1 of 6 |
IIFL Securities Limited 2021 – 2025 | 39 2 measurable | -8.1% | 1 of 1 | — | — |
| Firm | Issues | Typical listing move | Below issue @30d | @90d | @180d |
|---|---|---|---|---|---|
Link Intime India Private Limited 2021 – 2026 | 175 14 measurable | +10.2% | 3 of 13 | 1 of 9 | 0 of 5 |
A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.
- Prospectus· PDF · exchange archive10 Nov 2023NO_TABLE
- Draft red herring prospectus (DRHP)· PDF · exchange archive12 Jun 2023
- In-principle approval (XBRL)· XML · exchange archive
- Listing filing (XBRL)· XML · exchange archive
Filed with SEBI and the exchanges by the issuer. These are the source for every figure on this page.
Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.