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Aesthetik Engineers Limited

Open Sme
NSE 08 August - 12 August 2024
Aesthetik Engineers Limited IPO is a book build issue of 26.47 Cr. The issue is entirely a fresh issue of 4564000 shares aggregating to 26.47 Cr. Aesthetik Engineers Limited IPO opened for subscription on Aug 08, 2024 and closed on Aug 12, 2024. The allotment for the this IPO was finalized on Aug 13, 2024. IPO was listed on NSE and BSE on Aug 16, 2024. Aesthetik Engineers Limited IPO is set issue price band at ₹55 to ₹58 per share.

Current GMP

₹45 (+77.59%)

Price Band

₹ 55 – 58

Lot Size

2000

Issue Size

₹26.47 Cr

Minimum Investment

₹232000 (4000 Shares)

Listing Date

16 August 2024

Subscription

25.94x

About the Company

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.

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%

Objects of the Issue

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

Address / Contact Info

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

Face Value₹10 per share
Price Band₹ 55 – 58
Lot Size2000
Issue TypeBook-building IPO
Sale Type
Fresh Issue₹ 26.47 Cr
Offer for Sale₹ 0.00 Cr
Total Issue Size₹ 26.47 Cr
Listing AtNSE
Industry
Sector
QIB Quota18.97%
Retail Quota33.26%

Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

Aesthetik Engineers Limited is a Book-building IPO worth ₹26.47 crores. The price band is ₹55 to 58 per share. The IPO opens on Thu, Aug 8, 2024 and closes on Mon, Aug 12, 2024. It will be listed on BSE and NSE. Skyline Financial Services Private Ltd is the registrar.

The Aesthetik Engineers Limited opens on Thu, Aug 8, 2024 and closes on Mon, Aug 12, 2024

Aesthetik Engineers Limited Price Band is ₹55 to 58.

Aesthetik Engineers Limited lot size is 2000, and the minimum amount required for application is ₹232000.

The minimum investment for Aesthetik Engineers Limited is approximately ₹232000 based on the upper price band.

To apply for the Aesthetik Engineers Limited, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Mon, Aug 12, 2024. After submission, funds are blocked until the basis of allotment of Aesthetik Engineers Limited is finalised.

Aesthetik Engineers Limited issue size is ₹26.47 crores.

Aesthetik Engineers Limited allotment date is Sat, Jun 27, 2026.

The registrar for Aesthetik Engineers Limited is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website for IPO allotment status, refund processing, and other queries related to Aesthetik Engineers Limited through their official website or helpline.

The Aesthetik Engineers Limited 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 Limited listing price is ₹103, indicating a potential listing gain of approximately 31% over the issue price.