ASK Automotive Limited IPO
ASK Automotive Limited was a mainboard IPO, offered at ₹268–₹282 per share to raise ₹834 crore. The issue was subscribed 51.14× overall (QIBs 142.41×, NIIs 35.47×, retail 5.7×). It listed on 15 Nov 2023 at ₹303 and closed its first day at ₹310, a listing gain of +10.0% versus the ₹282 issue price. It now trades around ₹566 (+100.8% versus the issue price).
Frequently asked questions
- How many times was the ASK Automotive Limited IPO subscribed?
- The ASK Automotive Limited IPO was subscribed 51.14× overall — 142.41× in the QIB category, 35.47× among non-institutional investors, 5.7× in retail.
- What were the ASK Automotive Limited IPO listing gains?
- ASK Automotive Limited listed on 15 Nov 2023 at ₹303, closing its first day at ₹310 — a listing gain of +10.0% versus the ₹282 issue price.
- What were the retail allotment odds for the ASK Automotive Limited IPO?
- Retail was subscribed 5.7×, so a single-lot application had roughly a 17.5% chance of allotment (about 1 in 6), and allotment was finalised on 9 Nov 2023.
- What was the price band and lot size of the ASK Automotive Limited IPO?
- The price band was ₹268–₹282 per share.