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IPO

IPO Snapshot

ASK Automotive Ltd.

Issue Open Date	07-Nov-23
Issue Closing Date	09-Nov-23
Application Money	100
Allotment Money

Price Band ()	268 - 282
Minimum Bid Quantity.	53
Issue Size (Shares)	29571390
Market Lot	1

Objective

(i) carry out the Offer for Sale of 29,571,390* Equity Shares by the Promoter Selling Shareholders aggregating to ? 8,339.13 million, subject to finalization of the Basis of Allotment and (ii) achieve the benefits of listing the Equity Shares on the Stock Exchanges.

Business Description

We are the largest manufacturer of brake-shoe and advanced braking (“AB”) systems for two-wheelers (“2W”)in India with a market share of approximately 50% in Fiscal 2023 in terms of production volume for originalequipment manufacturers (“OEMs”) and the branded independent aftermarket (“IAM”), on a combined basis(Source: CRISIL Report). We have been supplying safety systems and critical engineer...

Promoter's Holding

Total Share Capital	197142600
Offered to Public	29571390
Promoter's Holding (Pre-Issue)	100
Promoter's Holding (Post-Issue)	85

Address

Address :Flat No. 104
929/1
Naiwala
Faiz Road
Karol Bagh City :New Delhi, State :Delhi Pincode :110005 Phone :011-28758433 Email : roc@askbrake.com Website : www.askbrake.com

Registrar

Link Intime India Pvt Ltd.
C 101
247 Park
L B S Marg
Vikhroli (West)
Mumbai

Listed at

BSE, NSE

Lead Manager

Axis Capital Ltd.
ICICI Securities Ltd
IIFL Securities Ltd.
JM Financial Ltd.

Promoters

Kuldip Singh Rathee
Vijay Rathee

ATTENTION INVESTORS
KYC
NSDL/CDSL

Prevent Unauthorized Transactions in your demat and trading account --> Update your Mobile Number/Email id with your Depository Participant and Stock Broker. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat/trading account directly from CDSL and Stock Exchanges on the same day.........issued in the interest of investors...

1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.

2. Update your Mobile Number & Email Id with your Stock Broker/ Depository Participant and receive OTP directly from Depository on your Email Id and/ or Mobile Number to create pledge.

3. Pay 20% upfront margin of the transaction value to trade in cash market segment.

4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued by NSE vide. Circular No. NSE/INSP/45191 dated: July 31, 2020 and NSE/INSP/45534 and BSE vide Notice No. 20200731-7, dated: July 31, 2020 and 20200831- 45 dated: August 31, 2020 and dated: August 31, 2020 and other guidelines issued from time to time in this regard.

5. Check your Securities/ MF/ Bonds in the Consolidated Account Statement issued by NSDL/ CDSL every month.

6. Risk disclosures RISK DISCLOSURES ON DERIVATIVES:

9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to ₹ 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost

"As per the directives of CDSL and esteemed Exchanges, it has been made mandatory for every client to furnish their latest KYC details viz. Valid Mobile No., Email- Id & Income range on or before 31.05.2021 else your Account will be marked as Non Compliant and will be Freezed till the compliance of such requirement."

"No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorize your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

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Dear Investor if you wish to revoke your un-executed eDis mandate, please mail us with ISIN and quantity on dp@indiratrade.com by today EOD."

REGISTRATION NOS:

INDIRA SECURITIES PVT.LTD. (SEBI REG.NO.):NSE TMID: 12866, BSE TMID: 663, CDSL DPID: 17000 SEBI REG. NO.: INZ000188930, MCX TM ID: 56470, NCDEX TM ID: 01277, CDSL REG. NO.: IN-DP-90-2015, CIN : U67120MH1996PTC160201

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INVESTORS GRIEVANCE

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INVESTOR CHARTER