The ASK Automotive IPO minimum market lot is 53 shares with ₹14,946 application amount. The ASK Automotive IPO is a Mainline IPO, and it is to be listed on BSE and NSE.
ASK Automotive Limited is one of the largest manufacturers of brake-shoe and advanced braking (“AB”) systems for two-wheelers (“2W”) in India with a market share of approximately 50% in Fiscal 2023 in terms of production volume for original equipment manufacturers (“OEMs”) and the branded independent aftermarket (“IAM”), on a combined basis (Source: CRISIL Report). Their brand “ASK” is recognized as the leading brand in the 2W IAM in terms of production volume for Fiscal 2023 in India.
IPOWatch View
We recommend investors may apply for an IPO with Long-term views. Investors should also look at the QIB, NII, and Retail numbers before investing.
ASK Automotive IPO Subscription Status – Day 3
Category | Subscription Numbers |
QIB | 142.41 |
NII | 35.47 |
bNII | 41.13 |
sNII | 24.16 |
RII | 5.70 |
Total | 51.14 |
ASK Automotive IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
ASK Automotive IPO Review
- May Apply
ASK Automotive IPO Form
How to apply for the ASK Automotive IPO? You can apply for ASK Automotive IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the ASK Automotive IPO in the Invest section. The other option is you can apply for ASK Automotive IPO via IPO forms downloaded online. Check out the ASK Automotive forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.