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Aesthetik Engineers IPO vs Solve Plastic Products IPO

Comparison between Aesthetik Engineers IPO and Solve Plastic Products IPO.

IPO Details

Aesthetik Engineers IPO is a SME Fixed Price IPO proposed to list at NSE SME while Solve Plastic Products IPO is a SME Fixed Price proposed to list at NSE SME.

 Aesthetik Engineers IPOSolve Plastic Products IPO
LogoAesthetik Engineers IPO LogoSolve Plastic Products IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMENSE SME
Lead ManagersNarnolia Financial Services Ltd.Finshore Management Services Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Integrated Registry Management Services Pvt.Ltd.
Market MakerNikunj Stock Brokers Ltd.Black Fox Financial Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Aesthetik Engineers IPO is up to ₹25.13 Cr whereas the issue size of the Solve Plastic Products IPO is up to ₹11.25 Cr. The final issue price of Aesthetik Engineers IPO is ₹58.00 per share and of Solve Plastic Products IPO is ₹91.00 per share.

 Aesthetik Engineers IPOSolve Plastic Products IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹55.00 per share
Issue Price (Upper)₹58.00 per share
Issue Price (Final)₹58.00 per share₹91.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1200 shares
Fresh Issue Size43,32,000 shares12,36,000 shares
Fresh Issue Size (Amount)up to ₹25.13 Crup to ₹11.25 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total43,32,000 shares12,36,000 shares
Issue Size Total (Amount)up to ₹25.13 Crup to ₹11.25 Cr

IPO Timetable

Aesthetik Engineers IPO opens on Aug 08, 2024, while Solve Plastic Products IPO opens on Aug 13, 2024. The closing date of Aesthetik Engineers IPO and Solve Plastic Products IPO is Aug 12, 2024, and Aug 16, 2024, respectively.

 Aesthetik Engineers IPOSolve Plastic Products IPO
Anchor Bid DateAug 07, 2024
Issue OpenAug 08, 2024Aug 13, 2024
Issue CloseAug 12, 2024Aug 16, 2024
Basis Of Allotment (Tentative)Aug 13, 2024Aug 19, 2024
Initiation of Refunds (Tentative)Aug 14, 2024Aug 20, 2024
Credit of Share (Tentative)Aug 14, 2024Aug 20, 2024
Listing date (Tentative)Aug 16, 2024Aug 21, 2024
Anchor Lockin End date 1Sep 12, 2024
Anchor Lockin End date 2Nov 11, 2024

Financials & KPIs

Aesthetik Engineers IPO P/E ratio is 14.59, as compared to Solve Plastic Products IPO P/E ratio of 23.2.

 Aesthetik Engineers IPOSolve Plastic Products IPO
Financials

Aesthetik Engineers Limited Financial Information (Restated Consolidated)

Aesthetik Engineers Limited's revenue increased by 50.64% and profit after tax (PAT) rose by 346.76% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 2023
Assets3,088.942,457.77
Total Income6,079.504,035.82
Profit After Tax502.99112.59
Net Worth1,502.41999.42
Total Borrowing849.92592.47
Amount in ₹ Lakhs

Solve Plastic Products Limited Financial Information (Restated)

Solve Plastic Products Limited's revenue decreased by -24% and profit after tax (PAT) rose by 18% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets2,211.531,874.271,822.99
Total Income4,715.736,225.435,577.89
Profit After Tax142.48120.27-40.71
Net Worth438.79192.5672.29
Reserves and Surplus132.16-110.94-231.21
Total Borrowing1,136.421,053.421,030.43
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0090.22
Promoter Shareholding (Post-Issue)73.5063.33
P/E Ratio14.5923.2
Market Cap₹99.88 Cr.₹39.75 Cr.
ROE33.48%
ROCE37.32%
Debt/Equity0.572.83
EPS₹3.97₹3.92
RoNW33.48%32.47%

Shares Offered

In the Aesthetik Engineers IPO Retail Individual Investors (RII) are offered 15,18,000 shares while in Solve Plastic Products IPO retail investors are offered 15,18,000 shares. Qualified Institutional Buyers (QIB) are offered 8,66,000 shares in Aesthetik Engineers IPO and in Solve Plastic Products IPO.

 Aesthetik Engineers IPOSolve Plastic Products IPO
Anchor Investor Reserveration12,96,000 shares
Market Maker Reserveration2,32,000 shares66,000 shares
QIB8,66,000 shares
NII6,52,000 shares6,18,000 shares
RII15,18,000 shares6,18,000 shares
Employee
Others
Total43,32,000 shares12,36,000 shares

Bids Received (Subscription)

Aesthetik Engineers IPO subscribed 705.26x in total, whereas Solve Plastic Products IPO subscribed 34.23x.

 Aesthetik Engineers IPOSolve Plastic Products IPO
QIB (times)207.31x
NII (times)1,933.96x19.47x
Big NII (times)
Small NII (times)
RII (times)461.58x46.76x
Employee (times)
Other (times)
Total (times)705.26x34.23x