Aesthetik Engineers IPO
GMP, Subscription, Price, Dates & Financial Details
Founded in 2003, Aesthetik Engineers Limited specializes in interior design and façade systems. The company offers design, engineering, fabrication, and installation of architectural façades, aluminum doors and windows, railings, stairs, and Glassfibre Reinforced Concrete (GFRC) for various…
Open Date
Thu, 08 Aug 2024
Close Date
Mon, 12 Aug 2024
Price Band
₹ 55 – 58
Lot Size
2000
Issue Size
₹ 26.47 Cr
Minimum Investment
₹ 232,000 (4000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Aesthetik Engineers IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹26 Crore, comprising a fresh issue of 45.64 Lakh equity shares aggregating to ₹26.47 Crore.
The Aesthetik Engineers IPO remained open for subscription from August 08, 2024, to August 12, 2024. The basis of allotment was finalized on August 13, 2024, and the company's shares were listed on NSE SME Platform on August 16, 2024.
The company had fixed the price band at ₹55 to ₹58 per share, with a lot size of 2000 shares. Retail investors were required to make a minimum investment of ₹232,000 (based on the upper price band) to apply for one lot.
Skyline Financial Services Private Ltd served as the registrar to the issue. Narnolia Financial Services acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Aesthetik Engineers Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Aesthetik Engineers IPO Timeline (Tentative)
- IPO Open Date
- Thu, 08 Aug 24
- IPO Close Date
- Mon, 12 Aug 24
- Basis of Allotment
- Tue, 13 Aug 24
- Initiation of Refunds
- Wed, 14 Aug 24
- Credit of Shares to Demat
- Wed, 14 Aug 24
- Listing Date
- Fri, 16 Aug 24 — NSE & BSE
Open Date
08 August 2024
Close Date
12 August 2024
Basis Of Allotment
13 August 2024
Listing Date
16 August 2024
IPO Subscription
Check Live Subscription →The Aesthetik Engineers IPO has received bids for 2,14,11,58,000 shares against 30,36,000 shares offered, resulting in an overall subscription of 705.26x. the NII category is subscribed 1,933.96x, Retail Investors 461.58x, and QIBs 207.31x.
QIB
207.31x
NII
1933.96x
RII
461.58x
Total
705.26x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 15,18,000 shares, representing 33.26% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 8,66,000 shares (18.97%), while Non-Institutional Investors (NIIs) receive 6,52,000 shares (14.29%).
| Category | Shares Offered | Shares Offered |
|---|---|---|
| Anchor Investors | 1,296,000 | 28.4% |
| Market Maker | 232,000 | 5.08% |
| Qualified Institutions | 866,000 | 18.97% |
| Non-Institutional | 652,000 | 14.29% |
| Retail Investors | 1,518,000 | 33.26% |
| Total | 4,564,000 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|
| Assets | 3088.94 | 2457.77 |
| Revenue | 6079.5 | 4035.82 |
| Profit After Tax | 502.99 | 112.59 |
| Net Worth | 1502.41 | 999.42 |
| Reserve & Surplus | 849.92 | 592.47 |
| Total Borrowings | 0 | 0 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Aesthetik Engineers Limited KPI Information
| Particular | KPI Information |
|---|---|
| ROE % | 33.48 |
| ROCE % | 37.32 |
| Debt / Equity | 0.57 |
| RoNW % | 33.48 |
| PbW | 4.89 |
| Pat Margin % | 8.28 |
Peers Comparison
No Peer Comparision Available
About Aesthetik Engineers Limited
Founded in 2003, Aesthetik Engineers Limited specializes in interior design and façade systems. The company offers design, engineering, fabrication, and installation of architectural façades, aluminum doors and windows, railings, stairs, and Glassfibre Reinforced Concrete (GFRC) for various projects in hospitality, residential, commercial, and infrastructure sectors.
Aesthetik Engineers' product portfolio includes:
- **Façades**: structural glazing/curtain wall, spider glazing, ACP/HPL/stone cladding, aluminum louvers, canopies/skylights/domes.
- **Doors and Windows**: planning and installation services.
- **Railings and Stairs**: design and installation services.
- **Glass Fiber Reinforced Concrete (GFRC)**
The company’s production facility in Howrah, Kolkata, covers over 3,000 square meters. As of June 30, 2024, Aesthetik Engineers employed 52 permanent staff.
Aesthetik Engineers IPO Promoters
Mr. Avinash Agarwal
Ms. Sreeti Agarwal
Ms. Manisha Sureka
M/s Avinash Agarwal
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
73.50%
Aesthetik Engineers IPO Objective
The company plans to use the net proceeds from the issue for the following objectives:
1. Capital expenditure requirements
2. Working capital requirements
3. General corporate purposes
4. Issue expenses
Aesthetik Engineers Limited Address / Contact Details
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/
IPO Snapshot
Aesthetik Engineers IPO Lot Size
The Aesthetik Engineers IPO has a lot size of 2,000 shares. Retail investors require a minimum investment of ₹1,16,000 by applying for 1 lot (2,000 shares). The maximum application allowed for the retail category is 1 lots (2,000 shares), requiring an investment of ₹1,16,000.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | 116,000.00 |
| Retail (Max) | 1 | 2,000 | 116,000.00 |
| S-HNI (Min) | 2 | 4,000 | 232,000.00 |
Issue Reservation
- Anchor Investors — 28.4%
- Market Maker — 5.08%
- QIB — 18.97%
- NII — 14.29%
- RII — 33.26%
Book Running Lead Managers
- Narnolia Financial Services
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Aesthetik Engineers IPO?
Aesthetik Engineers IPO is a Book-building IPO with a total issue size of ₹26.47 crore. The Aesthetik Engineers IPO price band is ₹55 to 58 per share. The Aesthetik Engineers IPO subscription opens on Thu, Aug 8, 2024, and closes on Mon, Aug 12, 2024. The Aesthetik Engineers IPO will be listed on the NSE. Skyline Financial Services Private Ltd is the registrar for the Aesthetik Engineers IPO.
When will the Aesthetik Engineers IPO open for subscription?
The Aesthetik Engineers IPO opens on Thu, Aug 8, 2024 and closes on Mon, Aug 12, 2024
What is Aesthetik Engineers IPO Price Band?
Aesthetik Engineers IPO Price Band is ₹55 to 58 per share.
What is Aesthetik Engineers IPO Lot Size?
Aesthetik Engineers IPO lot size is 2000 shares, Retail investors need a minimum investment of ₹232000 based on the upper price band
What is the minimum investment for Aesthetik Engineers IPO?
The minimum investment for Aesthetik Engineers IPO is ₹232000, based on one lot of 2000 shares at the upper price band of ₹58 per share.
How to apply for Aesthetik Engineers IPO?
Investors can apply for the Aesthetik Engineers IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Aug 12, 2024. The application amount remains blocked until the Aesthetik Engineers IPO allotment is finalized.
What is Aesthetik Engineers IPO Issue Size?
Aesthetik Engineers IPO issue size is ₹26.47 crores.
What is the Aesthetik Engineers IPO Allotment Date?
Aesthetik Engineers IPO allotment date is Tue, Aug 13, 2024.
Who is the Aesthetik Engineers IPO Registrar?
The registrar for Aesthetik Engineers IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website to check Aesthetik Engineers IPO allotment status, refund processing, and other IPO-related information.
What is the Aesthetik Engineers IPO GMP?
The Aesthetik Engineers IPO GMP (Grey Market Premium) is ₹45 as of Fri, Aug 16, 2024. Based on the upper price band of ₹58 per share, the estimated Aesthetik Engineers IPO listing price is ₹103, indicating a potential listing gain of approximately 77.59% over the issue price.
Who is the Aesthetik Engineers IPO Lead Manager?
The book-running lead managers (BRLMs) for the Aesthetik Engineers IPO are . The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Aesthetik Engineers IPO Red Herring Prospectus (RHP).