ASK Automotive Ltd, established in 1988, is a key supplier of safety systems and engineering solutions for both electric and internal combustion engine vehicles. The company has evolved from manufacturing brake shoes for two-wheelers to offering a diverse product range, including advanced braking systems, aluminum lightweight solutions, and safety control cables. ASK Automotive serves the automotive sector across two-wheelers, three-wheelers, passenger, and commercial vehicles, and also caters to the non-automotive sector.
Operating 15 manufacturing facilities across India, with a new plant underway in Rajasthan, ASK Automotive has strategically expanded through acquisitions and joint ventures, notably with Fras-Le S.A., Brazil. The company's capabilities are supported by a robust infrastructure, ensuring comprehensive in-house designing and manufacturing. ASK Automotive is now proposing an Initial Public Offering of up to 29,571,390 equity shares, indicating a strategic move towards capital expansion and growth in market presence.
