ASK Automotive IPO Subscription Status
ASK Automotive IPO was subscribed 51.14 times when bidding closed on 9 Nov 2023: QIB 142.41x, NII 35.47x, Retail 5.7x.
The ASK Automotive IPO has been subscribed 51.14x times overall. Retail investors have shown interest with bids for 5.7x the shares available. The Non-Institutional Investor (NII) category has been subscribed 35.47x. Within NII, Big HNI (B-HNI) subscribed 41.13x and Small HNI (S-HNI) subscribed 24.16x. Qualified Institutional Buyers (QIBs) have subscribed 142.41x. Data last updated on 10 Nov, 06:18 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 07 Nov, 2023 and closes on 09 Nov, 2023. The shares are expected to list on stock exchanges on 15 Nov, 2023.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 142.41x |
| NII | - of - - | 35.47x |
bHNI — bid amount above ₹10 Lakh |
- - | 41.13 |
sHNI — bid amount ₹2–10 Lakh |
- - | 24.16 |
| Retail | - of - - | 5.7x |
| TOTAL | - - | 51.14x |
ASK Automotive IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 17.5% for a single lot.
Institutional Backing
Massive institutional interest with QIBs subscribing 142.41x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
09 Nov 2023
Day 3 |
51.14x | ▼ | |
|
QIB142.41x
BHNI41.13x
SHNI24.16x
Retail5.7x
|
|||
|
08 Nov 2023
Day 2 |
1.35x | ▼ | |
|
QIB0.06x
BHNI1.82x
SHNI3.17x
Retail1.69x
|
|||
|
07 Nov 2023
Day 1 |
0.38x | ▼ | |
|
QIB0.03x
BHNI0.72x
SHNI0.26x
Retail0.56x
|
|||
ASK Automotive IPO dates
From the bidding window to listing. Today is 11 November.
- Open 07 Nov 2023
- Close 09 Nov 2023
- Allotment 10 Nov 2023
- Refund/credit 10 Nov 2023
- Listing 15 Nov 2023
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of ASK Automotive IPO?
As of IPO close date (09 Nov, 2023), the ASK Automotive IPO is subscribed 51.14x times. Retail category is 5.7x, and NII is 35.47x subscribed.
When is the allotment date for ASK Automotive IPO?
The allotment for ASK Automotive IPO is expected to be finalized on 10 November, 2023.
What is the GMP of ASK Automotive?
The Grey Market Premium (GMP) for ASK Automotive is currently ₹30, indicating a potential listing gain of 11%.
When will ASK Automotive IPO list on the stock market?
ASK Automotive is scheduled to list on BSE and NSE on 15 November, 2023.
What are the chances of getting allotment in ASK Automotive IPO?
The retail category is oversubscribed at 5.7x, meaning allotment is by lottery. Statistically, approximately 1 in 6 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 142.41x mean for ASK Automotive IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 142.41x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check ASK Automotive IPO allotment status?
After the allotment date (10 Nov, 2023), you can check your ASK Automotive IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore ASK Automotive IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
