Aesthetik Engineers IPO - GMP, Subscription, Price, Dates & Financial 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.
- Price Band
- ₹ 55 – 58
- Lot Size
- 2000
- Issue Size
- ₹26.47 Cr
- Minimum Investment
- ₹ 232,000 (4000 Shares)
- Listing Date
- 16 August 2024
Current GMP
₹45 (+77.59%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
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
Book Running Lead Managers
- Narnolia Financial Services
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.
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).