After the conclusion of ASK Automotive’s IPO (Initial Public Offering), investors may be wondering how their application is progressing. The process of determining if you have been assigned shares in the ASK Automotive IPO is made simple and straightforward in this post ask automotive ipo allotment status.
Understanding IPO Allotment
The distribution of newly issued shares by a firm to investors who applied during the offering period is known as an IPO allotment. Each investor will receive a different number of shares based on a variety of factors, such as the total number of applications submitted, the intended subscription amount, and the general demand for the initial public offering.
Checking Your ASK Automotive IPO Allotment Status
You can check the allotment status of your ASK Automotive IPO application in two main ways:
- Using the BSE Website:
- Visit the Bombay Stock Exchange (BSE) website: https://www.bseindia.com/
- Click on the “Status of Issue Application” section.
- Choose “ASK Automotive Limited” from the “Issue Name” dropdown option after selecting “Equity” under “Issue Type”.
- Put in your PAN (Permanent Account Number) and application number.
- Verify you’re not a robot and click “Submit.”
- The status of your ASK Automotive IPO allotment will be shown on the website.
- Checking Through Link Intime:
- Link Intime is the registrar for the ASK Automotive IPO. Visit their website: https://www.linkintime.co.in/.
- Click on the “IPO Allotment” section.
- Select the ASK Automotive IPO from the dropdown menu.
- Enter your PAN details, application number, or DP Client ID (as preferred).
Important Note:
The registrar’s processing time may affect how long it takes to check the allotment status. Before trying to check your status, it’s best to wait a few days following the official allotment announcement.
What to Do After Checking Your Allotment Status
- Allotment Confirmed: Best wishes! If shares are awarded to your application, your broker will get in touch with you again to discuss when the shares will be credited to your demat account and when they will be listed on the stock exchange.
- No Allotment: If your application was not assigned any shares, there is nothing further you need to do. The money that was stopped from your bank account for the IPO application would normally be released within a few business days.
You may easily verify your ASK Automotive IPO allotment status and remain updated about the process’s upcoming phases by following these instructions.
