ASK Automotive IPO
Auto Components / Braking Systems - Listed on 15 November 2023
ASK Automotive IPO listing summary
ASK Automotive (Auto Components / Braking Systems) closed its IPO window in 2023 and listed on NSE and BSE on 15 November 2023 at an upper band issue price of Rs 282, opening at Rs 303.3 for a listing gain of +7.6% and closing day one at Rs 310.1 (+10.0% on closing basis). The IPO was subscribed 51.13x overall - QIB 142.41x, HNI/NII 35.47x, Retail 5.69x. The total issue size was Rs 833.91 Cr (Fresh Issue Rs 0 Cr, OFS Rs 833.91 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
ASK Automotive IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 35 | +12.41% |
| Day 2 | Rs 35 | +12.41% |
| Day 3 | Rs 35 | +12.41% |
| Day 4 | Rs 40 | +14.18% |
| Day 5 | Rs 47 | +16.67% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the ASK Automotive IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
ASK Automotive IPO - FAQs
What was the listing gain of ASK Automotive IPO?
ASK Automotive IPO listed at +7.6% versus the upper issue price of Rs 282 on 15 November 2023.
How many times was ASK Automotive IPO subscribed?
ASK Automotive IPO was subscribed 51.13x overall. QIB portion was subscribed 142.41x, HNI / NII 35.47x and Retail 5.69x.
What was the IPO GMP for ASK Automotive?
IPO GMP started at Rs 35 on Day 1 and moved to Rs 47 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.