ASK AUTOMOTIVE LIMITED IPO

Issue Size (Net)

up to Rs.[.] Cr

Price Band

[.] to [.] per share

Issue Opens

Nov 07, 2023

Issue Closes

Nov 09, 2023

Company Highlights Financials Highlights Issue Details Prospectus

Company Highlights

1.Company Information

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.

2.ASK Automotive IPO Registrar

Link Intime India Private Ltd

Phone:+91-22-4918 6270

Email: askauto.ipo@linkintime.co.in

Website:https://linkintime.co.in/mipo/ipoallotment.html

ASK Automotive Limited Financial Information (Restated Consolidated)

Period Ended	Assets	Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
30-Jun-23	1443.34	657.55	34.83		639.03	268.03
31-Mar-23	1281.21	2566.28	122.95	643.77	604.34	231.82
31-Mar-22	1105.56	2024.26	82.66	631.91	591.73	119.78
31-Mar-21	948.25	1567.77	106.2	622.23	581.54	54.02
Amount in Rs. Crore

Cello World Limited IPO Details

Issue Opening Date	November 7, 2023
Issue Closing Date	November 9, 2023
Face Value	Rs.2 per share
Price	[.] to [.] per share
Issue Size	29,571,390 shares(aggregating up to Rs.[.] Cr)
Offer for Sale	29,571,390 shares of Rs.2 (aggregating up to Rs.[.] Cr)
Issue Type	Book Built Issue IPO
Listing At	BSE, NSE

Cello World Limited IPO Timeline (Tentative Schedule)

Event	Tentative Date
Opening Date	Tuesday, November 7, 2023
Closing Date	Thursday, November 9, 2023
Basis of Allotment	Wednesday, November 15, 2023
Initiation of Refunds	Thursday, November 16, 2023
Credit of Shares to Demat	Friday, November 17, 2023
Listing Date	Monday, November 20, 2023

Prospectus

Prospectus File

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