ASK Automotive IPO Subscription Details

Bookbuilding IPO | ₹834 Cr | Listed at BSE, NSE | Tue, Nov 7, 2023 - Thu, Nov 9, 2023

Basis of Allotment - ASK Automotive IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)59,14,27888,71,4161,47,85,69414,78,57029,57,13944,35,7091,03,49,9872,95,71,390
Allotment price (Rs.)282282282282282282282282
No.of applications1002512546,35633,49779,8539,19,9239,99,901
No.of shares applied84,05,87,2081,02,67,58485,08,54,7923,55,02,47412,16,60,65215,71,63,1265,74,58,8901,06,54,76,808
Amount collected (Rs.cr.)23,704.56 289.55 23,994.11 1,001.17 3,430.83 4,432.00 1,620.34 30,046.45
No.of times subscribed142.131.1657.5524.0141.1435.435.5536.03
No.of shares allotted59,14,27888,71,4161,47,85,69414,78,57029,57,13944,35,7091,03,49,9872,95,71,390
Amount (Rs.cr.)166.78 250.17 416.96 41.70 83.39 125.09 291.87 833.91
No.of allottees100251251,9923,9855,9771,95,2822,01,384

IPO Shares Offered

ASK Automotive IPO is a public issue of 2.96 Cr equity shares. The issue offers 1.03 Cr shares to retail investors, 1.48 Cr shares to qualified institutional buyers, and 0.44 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 1,47,85,694416.96 50.00%
    Anchor 88,71,416 250.17 30.00%
    QIB (Ex Anchor) 59,14,278 166.78 20.00%
NII 44,35,709125.09 15.00%
    bNII (> ₹10L)29,57,13983.39 10.00%
    sNII (< ₹10L)14,78,57041.70 5.00%
Retail1,03,49,987291.87 35.00%
Total2,95,71,390833.91 100%

ASK Automotive IPO Anchor Investor Allocation

A total of 88,71,416 shares at a price of Rs 282 per share will be allotted to the anchor investors.

Anchor investors bid opening dateNov 06, 2023
Anchor investor price₹282.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days44,35,708
No. of shares locked-in for 90 days44,35,708
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 NIPPON INDIA VALUE FUND NIPPON INDIA MUTUAL FUND 5,31,961 15.00 6.00 1.80
2 ICICI PRUDENTIAL TRANSPORTATION & LOGISTICS FUND ICICI PRUDENTIAL MUTUAL FUND 5,31,961 15.00 6.00 1.80
3 GOLDMAN SACHS FUNDS-GOLDMAN SACHS INDIA EQUITY PORTFOLIO GOLDMAN SACHS 5,31,961 15.00 6.00 1.80
4 SBI LIFE INSURANCE CO.LTD. SBI LIFE INSURANCE 5,31,961 15.00 6.00 1.80
5 NEUBERGER BERMAN INVESTMENT FUNDS PLC-NEUBERGER BERMAN EMERGING MARKETS EQUITY FUND NEUBERGER BERMAN 2,71,466 7.66 3.06 0.92
6 NEUBERGER BERMAN EMERGING MARKETS EQUITY TRUST NEUBERGER BERMAN 2,60,495 7.35 2.94 0.88
7 TATA SMALL CAP FUND TATA MUTUAL FUND 5,31,961 15.00 6.00 1.80
8 FLORIDA RETIREMENT SYSTEM-ALLSPRING GLOBAL INVESTMENTS,LLC (EMSC) FLORIDA RETIREMENT SYSTEM 5,31,961 15.00 6.00 1.80
9 NHIT: GLOBAL EMERGING MARKETS EQUITY TRUST NHIT: GLOBAL 5,31,961 15.00 6.00 1.80
10 ICICI PRUDENTIAL LIFE INSURANCE CO.LTD. ICICI PRUDENTIAL LIFE INSURANCE 3,72,378 10.50 4.20 1.26
11 CANARA ROBECO SMALL CAP FUND CANARA ROBECO MUTUAL FUND 3,72,378 10.50 4.20 1.26
12 3P INDIA EQUITY FUND I 3P INDIA 1,77,338 5.00 2.00 0.60
13 ABAKKUS DIVERSIFIED ALPHA FUND ABAKKUS 2,49,128 7.03 2.81 0.84
14 EDELWEISS RECENTLY LISTED IPO FUND EDELWEISS MUTUAL FUND 2,66,007 7.50 3.00 0.90
15 EDELWEISS EQUITY SAVINGS FUND EDELWEISS MUTUAL FUND 1,06,371 3.00 1.20 0.36
16 BAJAJ ALLIANZ LIFE INSURANCE CO.LTD. BAJAJ ALLIANZ LIFE INSURANCE 2,49,128 7.03 2.81 0.84
17 TURNAROUND OPPORTUNITIES FUND TURNAROUND OPPORTUNITIES 3,72,378 10.50 4.20 1.26
18 VIKASA INDIA EIF I FUND VIKASA 3,72,378 10.50 4.20 1.26
19 INTEGRATED CORE STRATEGIES (ASIA) PTE.LTD. INTEGRATED CORE 2,49,128 7.03 2.81 0.84
20 LC RADIANCE FUND VCC LC RADIANCE 1,77,338 5.00 2.00 0.60
21 BNP PARIBAS ARBITRAGE-ODI BNP PARIBAS 7,81,089 22.03 8.80 2.64
22 SOCIETE GENERALE-ODI SOCIETE GENERAL 2,66,885 7.53 3.01 0.90
23 GOLDMAN SACHS (SINGAPORE) PTE.-ODI GOLDMAN SACHS 2,49,128 7.03 2.81 0.84
24 COPTHALL MAURITIUS INVESTMENT LTD.-ODI ACCOUNT COPTHALL 1,77,338 5.00 2.00 0.60
25 MORGAN STANLEY ASIA (SINGAPORE) PTE.-ODI MORGAN STANLEY 1,77,338 5.00 2.00 0.60
88,71,416250.1710030.00

IPO Subscription FAQs

The ASK Automotive IPO is subscribed 51.14 times by Nov 09, 2023 19:02.

ASK Automotive IPO Subscription

Investor Category Subscription (times)
Qualified Institutional142.41
Non Institutional35.47
Retail Individual5.7
Total Subscription51.14

Retail category of ASK Automotive IPO subscribed 5.7 times as of date Nov 09, 2023 19:02. The public issue closes on Thu, Nov 9, 2023 for bidding.

An investor can apply in ASK Automotive IPO online via bank (using ASBA) or the broker (using UPI). The ASK Automotive IPO shares are offered online only.

The ASK Automotive IPO is subscribed 51.14 times by Nov 09, 2023 19:02.

The ASK Automotive IPO allotment status is expected on or around Friday, November 10, 2023. Visit ASK Automotive IPO allotment status to check.

The ASK Automotive IPO listing date is November 15, 2023. The equity share of ASK Automotive IPO will list on BSE, NSE.

Visit ASK Automotive IPO subscription status page for real-time bidding information about ASK Automotive IPO.

ASK Automotive IPO Timetable

IPO opens OnTuesday, November 7, 2023
IPO Closes OnThursday, November 9, 2023
Finalisation of Basis of AllotmentFriday, November 10, 2023
Initiation of RefundsFriday, November 10, 2023
Credit of Shares to Demat AccountMonday, November 13, 2023
IPO Listing DateWednesday, November 15, 2023
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