Aesthetik Engineers IPO Details: The Aesthetik Engineers IPO is set to launch on August 8 and will conclude on August 12. This NSE SME IPO aims to raise ₹26.47 crores, with a price band of ₹55 to ₹58 and a market lot of 2,000 shares.
Aesthetik Engineers specializes in the design, engineering, fabrication, and installation of facade systems. Their offerings include building facades, aluminum doors and windows, railings and staircases, and glassfibre reinforced concrete (GRC). Catering to a diverse clientele across hospitality, residential, commercial, and infrastructure sectors, Aesthetik Engineers provides comprehensive solutions from design to installation. Their standard operating procedures ensure consistency, quality, and efficiency, contributing to successful project outcomes and high client satisfaction.
Headquartered in Kolkata, the company operates a 3,000-square-meter factory in Howrah, focusing on the fabrication and assembly of products designed to withstand heat, UV rays, rain, dust, noise, and other environmental factors. Over the years, Aesthetik Engineers has delivered numerous projects for esteemed clients across various industries, including commercial complexes, residential buildings, airports, and malls in West Bengal, Bihar, Maharashtra, Assam, Odisha, and Gujarat. They maintain strong relationships with both domestic and international suppliers to ensure timely procurement of raw materials.
Aesthetik Engineers IPO Objectives:
The company proposes to utilize the net proceeds from the issue towards the following objectives:
- To meet out the Capital Expenditure Requirement of the Company;
- To meet out the Working Capital requirements of the Company;
- To meet out the General Corporate Purposes; and
- To meet out the Issue Expenses.
Aesthetik Engineers IPO Review (Apply or Not)
- Update soon
Aesthetik Engineers IPO Date & Price Band Details:
| IPO Open: | August 8, 2024 |
| IPO Close: | August 12, 2024 |
| IPO Size: | Approx ₹26.47 Crores, 4,564,000 Equity Shares |
| Fresh Issue: | Approx ₹26.47 Crores, 4,564,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹55 to ₹58 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Aesthetik Engineers IPO Lot Size:
The Aesthetik Engineers IPO requires a minimum investment of 2,000 shares, which corresponds to an application amount of ₹116,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2000 | ₹116,000 |
| Retail Maximum | 1 | 2000 | ₹116,000 |
| S-HNI Minimum | 2 | 4000 | ₹232,000 |
Aesthetik Engineers IPO Timeline:
The Aesthetik Engineers IPO will open on August 8 and close on August 12. The allotment date is set for August 13, with the potential listing date on August 16.
| IPO Open Date: | August 8, 2024 |
| IPO Close Date: | August 12, 2024 |
| Basis of Allotment: | August 13, 2024 |
| Refunds: | August 14, 2024 |
| Credit to Demat Account: | August 14, 2024 |
| IPO Listing Date: | August 16, 2024 |
Aesthetik Engineers IPO GMP Today:
The Grey Market Premium (GMP) for the Aesthetik Engineers SME IPO is ₹58. Given the price band of ₹58.00, the estimated listing price is ₹116 (price band + GMP). This suggests an expected percentage gain of 100.00% per share.
Aesthetik Engineers Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2022 | ₹25.93 | ₹25.24 | -₹0.45 |
| 2023 | ₹40.36 | ₹38.85 | ₹1.13 |
| 2024 | ₹60.80 | ₹54.26 | ₹5.03 |
Aesthetik Engineers IPO Valuation – FY2024
Check Aesthetik Engineers IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹3.97 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 33.48% |
| Net Asset Value (NAV): | ₹11.87 per Equity Share |
Peer Group
- Innovators facade System Limited
Company Promoters
- Mr. Avinash Agarwal
- Ms. Sreeti Agarwal
- Ms. Manisha Sureka
- M/s Avinash Agarwal (HUF)
Aesthetik Engineers IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: compliances@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Aesthetik Engineers IPO Allotment Status
Check Aesthetik Engineers IPO allotment status on Skyline Financial website URL. Click Here
Aesthetik Engineers IPO Lead Managers aka Merchant Bankers
- Narnolia Financial Services Ltd
Company Address
Aesthetik Engineers Limited
1858/1, 5th Floor, Unit 503-505,
Acropolis Mall, Rajdanga Main Road,
Kasba, Kolkata – 700107
Phone: +91 9836000052
Email: cs@aesthetik.in
Website: http://www.aesthetik.in/
Aesthetik Engineers IPO FAQs
1. What are the key dates for the Aesthetik Engineers IPO?
- IPO Opening Date: August 8, 2024
- IPO Closing Date: August 12, 2024
- Allotment Date: August 13, 2024
- Expected Listing Date: August 16, 2024
2. What is the price band for the Aesthetik Engineers IPO?
- The price band for the IPO is ₹55 to ₹58 per share.
3. What is the minimum investment required for the IPO?
- The minimum market lot is 2,000 shares, requiring an investment of ₹116,000.
4. What is the Grey Market Premium (GMP) for the IPO?
- As of August 2, 2024, the GMP is ₹58.
5. What is the estimated listing price for the Aesthetik Engineers IPO?
- With a GMP of ₹58 and a price band of ₹58, the estimated listing price is ₹116 per share.
6. What is the expected percentage gain or loss per share?
- The expected percentage gain per share is 100.00% based on the estimated listing price and the price band.
7. What does Aesthetik Engineers do?
- Aesthetik Engineers specializes in the design, engineering, fabrication, and installation of facade systems, including building facades, aluminum doors and windows, railings, staircases, and glassfibre reinforced concrete (GRC).
8. Where is Aesthetik Engineers headquartered?
- The company is headquartered in Kolkata, with a factory in Howrah spread over 3,000 square meters.
9. What types of projects has Aesthetik Engineers worked on?
- The company has handled projects for commercial complexes, residential buildings, airports, and malls across various states including West Bengal, Bihar, Maharashtra, Assam, Odisha, and Gujarat.
10. How can I apply for the Aesthetik Engineers IPO?
- Investors can apply for the IPO through their brokerage accounts or through the IPO application platforms provided by stock exchanges.
