What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the estimated listing price for ASK Automotive Limited IPO?

Based on the upper price band of ₹282 and current GMP of ₹32, the estimated listing price is ₹314 (approx. 11.3% gain).

What is the expected profit per lot for ASK Automotive Limited IPO?

With a lot size of 53 shares and current GMP of ₹32, expected profit per retail application lot is approximately ₹1,696.

IPO GreyPremiumLIVE

Grey Market Intelligence

ASK Automotive Limited

ListedMainboard

Industrial & Financial Services · NSE / BSE

Incorporated in 1988, ASK Automotive Limited is a leading Indian manufacturer of advanced braking systems for two-wheelers, with a product portfolio that includes AB systems, aluminium lightweight precision parts, wheel assemblies, and safety control cables, serving both domestic and international markets. As of June 2023, the company has 15 manufacturing units across five states and supplies to major OEMs like Honda, Hero MotoCorp, Suzuki, TVS, Yamaha, Bajaj, Royal Enfield, Denso, and Magneti Marelli, along with the independent aftermarket and export markets. The company’s facilities are certified with global standards like IATF 16949:2016, ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, showcasing its strong focus on quality and safety.

Price Band

₹268 – ₹282

Issue Size

₹834 Cr

Lot Size

53 shares

GMP

₹32

+11.3%

Est. Listing

₹314

at current GMP

Subscribed

51.14x

overall

Open

7 Nov 2023

9 Nov 2023

Allotment

10 Nov 2023

Refund

11 Nov 2023

Demat Credit

12 Nov 2023

Listing

15 Nov 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

ASK Automotive Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹32+11.3%

Issue Price (Upper)

₹282

Band: ₹268 – ₹282

Estimated Listing Price

₹314

Upper price + GMP

Lot Size

53 shares

Min investment ₹14,946

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹32	11.3%	₹314
30 Oct 2026	+₹32	11.3%	₹314
29 Oct 2026	+₹29	10.2%	₹311

About ASK Automotive Limited Public Issue & Market Profile

ASK Automotive Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹834 Crores. The shares are offered at a price band of ₹268 to ₹282 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Public Issue & Pricing Context:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Basis of Allotment & Listing Timeline:

Following the close of bidding on 2023-11-09, the basis of allotment is scheduled to be finalized on 2023-11-10. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Ltd) or the BSE allotment checking window.

Frequently Asked Questions

What is ASK Automotive Limited IPO GMP today?

The latest grey market premium for ASK Automotive Limited IPO is ₹32, which indicates an expected listing price of ₹314.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.