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Company Information

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ASK AUTOMOTIVE LTD.

02 July 2025 | 12:00

Industry >> Auto Ancl - Others

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ISIN No INE491J01022 BSE Code / NSE Code 544022 / ASKAUTOLTD Book Value (Rs.) 46.70 Face Value 2.00
Bookclosure 18/07/2025 52Week High 548 EPS 12.56 P/E 40.97
Market Cap. 10144.96 Cr. 52Week Low 333 P/BV / Div Yield (%) 11.02 / 0.29 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.

The Company was incorporated on January 18, 1988 as a private limited company under the Companies Act,
1956, with the name "ASK Automotive Private Limited", pursuant to a certificate of incorporation granted by the Registrar of Companies, Delhi and Haryana ("RoC"). Upon the conversion of the Company into a public limited company, pursuant to resolutions passed by the Board of Directors on December 7, 2022 and the Shareholders on December 7, 2022 the name of the Company was changed to "ASK Automotive Limited" and a fresh certificate of incorporation dated January 6, 2023 was issued by the RoC.

Major events :

1989
- Commenced manufacturing activities at the manufacturing facility, ASK-1 situated in Gurugram, Haryana, India
- Entered into the OEM market for AB systems with brake shoes

2001
- Commenced manufacturing activities at the manufacturing facility, ASK-2 situated in Gurugram, Haryana, India

2004
- Commenced manufacturing activities at the manufacturing facility, ASK-3 situated in IMT Manesar, Gurugram, Haryana, India
- Entered into the OEM market for ALP with panel assembly for front brake

2009
- Commenced manufacturing activities at the manufacturing facility, ASK-4 situated in IMT Manesar, Gurugram, Haryana, India

2010
- Commenced manufacturing activities at the manufacturing facility, ASK-5 situated in IMT Manesar, Gurugram, Haryana, India

2012
- Commenced manufacturing activities at the manufacturing facility, ASK-7 situated in IMT Manesar, Gurugram, Haryana, India

2013
- Commenced manufacturing activities at the manufacturing facility, ASK-8 situated in Narsapur Industrial Area, Bengaluru, Karnataka, India

2014
- Commenced manufacturing activities at manufacturing facility, ASK-9 situated at industrial plot number 446-D, Sector 8, Manesar, Gurugram 122 050, Haryana, India. Pursuant to the sale deed dated March 27, 2018, the Company has sold ASK-9 to Vijay Rathee Commenced manufacturing activities at manufacturing facility, ASK-10 situated in IMT Manesar, Gurugram, Haryana, India

2015
- Commenced manufacturing activities at the manufacturing facility, ASK-11 situated in Vasna Chhaniyar Detroj, Ahmedabad, Gujarat, India Entered into the aftermarket for safety control cables and others with clutch cables, front brake cables, throttle cables and speedometer cables

2017
- Entered into a joint venture with Fras-Le S.A., Brazil and incorporated the Joint Venture, ASK FrasLe Friction Private Limited

2018
- Entered into a business purchase agreement with Aman Rathee and AK Auto Industries pursuant to which ASK-14 was transferred to the Company by AK Auto Industries.
-Entered into a business purchase agreement with Prashant Rathee and APK Automotive pursuant to which ASK-15 was transferred to the Company by APK Automotive.

2019
- Commenced manufacturing activities at the manufacturing facility, ASK-12 situated in IMT Manesar, Gurugram Haryana, India
- Entered into the composite scheme of amalgamation and demerger between A.A. Autotech Private Limited and Vijaylaxmi Infra Projects Private Limited pursuant to which manufacturing facilities ASK-16 and ASK-17, both situated in IMT Manesar, Gurugram, Haryana, India were transferred to the Company from A.A. Autotech Private Limited.

2021
- Incorporated the wholly-owned Subsidiary, ASK Automobiles Private Limited as a private limited company under the Companies Act, 2013. See "Subsidiary - ASK Automobiles Private Limited".