| Category | Min Lots | Shares | Amount |
|---|---|---|---|
| Retail (sNII) | 1 | 53 | ₹14,946 |
| HNI / NII | 14 | 742 | ₹2,09,244 |
| bHNI / bNII | 67 | 3,551 | ₹10,01,382 |
| Category | Sub (×) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,47,85,694 (50.00%) | — | ₹41,695.66 Cr |
| NII / HNI (Total) | — | 44,35,709 (15.00%) | — | ₹12,508.70 Cr |
| Retail Investors | — | 1,03,49,987 (35.00%) | — | ₹29,186.96 Cr |
| Total ** | — | 2,95,71,390 (100.00%) | — | ₹833,913.20 Cr |
| Metric | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 657.55 | 2566.28 | 2024.26 |
| PAT | 34.83 | 122.95 | 82.66 |
| EBITDA | — | — | — |
| Net Worth | — | 643.77 | 631.91 |
| Total Assets | 1443.34 | 1281.21 | 1105.56 |
| Reserves | 639.03 | 604.34 | 591.73 |
| Borrowings | 268.03 | 231.82 | 119.78 |
Incorporated in 1988, ASK Automotive Limited is a manufacturer of Advance Braking Systems for two-wheelers in India.
The product range of the company includes (I) AB systems; (ii) aluminium lightweight precision("ALP") (iii) wheel assembly to 2W OEMs; and (iv) safety control cables ("SCC"). The company operates in India as well as overseas.
As of June 2023, the company has 15 manufacturing units spread across five states in India. ASK Automotive supplies to Original Equipment Manufacturers like HMSI, HMCL, Suzuki, TVS, Yamaha, Bajaj, Royal Enfield, Denso, Magneti Marelli, and others. It also provides to the independent aftermarket and the export market through its manufacturing facilities located in different parts of the country.
The company's manufacturing facilities have world-class certifications in quality and safety including IATF 16949:2016, ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018.