Bookbuilding IPO | ₹26 Cr | Listed at NSE SME | Thu, Aug 8, 2024 - Mon, Aug 12, 2024
Aesthetik Engineers IPO is a book build issue of ₹26.47 crores. The issue is entirely a fresh issue of 0.46 crore shares of ₹26.47 crore.
Aesthetik Engineers IPO bidding started from Aug 8, 2024 and ended on Aug 12, 2024. The allotment for Aesthetik Engineers IPO was finalized on Aug 13, 2024. The shares got listed on NSE SME on Aug 16, 2024.
Aesthetik Engineers IPO price band is set at ₹58 per share. The lot size for an application is 2,000. The minimum amount of investment required by an retail is ₹1,16,000 (2000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (4,000 shares), amounting to ₹2,32,000.
Narnolia Financial Services Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Nikunj Stock Brokers Ltd..
Refer to Aesthetik Engineers IPO RHP for detailed Information.
IPO Open
Thu, Aug 8, 2024
IPO Close
Mon, Aug 12, 2024
Issue Price
₹58 per share
Market Cap (Pre-IPO)
₹99.88 Cr
| IPO Date | 8 to 12 Aug, 2024 |
| Listed on | Fri, Aug 16, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹55 to ₹58 |
| Issue Price | ₹58 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 45,64,000 shares (agg. up to ₹26 Cr) |
| Reserved for Market Maker | 2,32,000 shares Nikunj Stock Brokers Ltd. (agg. up to ₹1 Cr) |
| Fresh Issue (Ex Market Maker) | 43,32,000 shares (agg. up to ₹25 Cr) |
| Net Offered to Public | 43,32,000 shares (agg. up to ₹25 Cr) |
| Share Holding Pre Issue | 1,26,56,175 shares |
| Share Holding Post Issue | 1,72,20,175 shares |
| NSE Symbol | AESTHETIK |
| ISIN | INE0TSF01011 |
Aesthetik Engineers IPO comprises a total issue size of 45,64,000 shares. The net offer to the public is 43,32,000 shares, after excluding 2,32,000 shares allotted on a firm basis. Of the Net offer 21,62,000 (49.91%) are allocated to QIB, 6,52,000 (15.05%) allocated to NII 15,18,000 (35.04%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 21,62,000 | 49.91% | 47.37% |
| − Anchor Investor Shares Offered | 12,96,000 | 28.40% | |
| − QIB (Ex. Anchor) Shares Offered | 8,66,000 | 18.97% | |
| NII (HNI) Shares Offered | 6,52,000 | 15.05% | 14.29% |
| Retail Shares Offered | 15,18,000 | 35.04% | 33.26% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,32,000 | 5.08% | |
| Total Shares Offered | 45,64,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹1,16,000 |
| Retail (Max) | 1 | 2,000 | ₹1,16,000 |
| HNI (Min) | 2 | 4,000 | ₹2,32,000 |
Aesthetik Engineers IPO raises ₹7.52 crore from anchor investors. Aesthetik Engineers IPO Anchor bid date is August 7, 2024.
📝 Anchor Investors Letter (PDF)
| Bid Date | Wed, Aug 7, 2024 |
| Shares Offered | 12,96,000 |
| Anchor Portion (₹ Cr.) | 7.52 |
| Anchor lock-in period end date for 50% shares (30 Days) | Thu, Sep 12, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | Mon, Nov 11, 2024 |
Founded in 2003, Aesthetik Engineers Limited provides interior design services and is involved in designing, manufacturing, and installing façade systems.
The company provides design, engineering, fabrication, and installation of architectural façades, aluminium doors and windows as well as railings, stairs and Glassfibre Reinforced Concrete (GFRC) for hospitality, residential, commercial and infrastructure projects.
The product portfolio of Aesthetik Engineers includes:
The company's production facility is located in Howrah, Kolkata, and spans over 3,000 square meters. As of June 30, 2024, the company had 52 permanent employees.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|
| Assets | 30.89 | 24.58 |
| Total Income | 60.79 | 40.36 |
| Profit After Tax | 5.03 | 1.13 |
| NET Worth | 15.02 | 9.99 |
| Total Borrowing | 8.50 | 5.92 |
| Amount in ₹ Crore | ||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure | 8.00 |
| 2 | Working Capital Requirement | 15.00 |
| 3 | General Corporate Purposes | 1.00 |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 33.48% |
| ROCE | 37.32% |
| Debt/Equity | 0.57 |
| RoNW | 33.48% |
| PAT Margin | 8.28% |
| Price to Book Value | 4.89 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 3.97 | 2.92 |
| P/E (x) | 14.59 | 19.86 |
| Promoter Holding | 94.61% | 69.54% |
| Market Cap | ₹99.88 Cr. |
The Aesthetik Engineers IPO is subscribed 705.26 times on August 12, 2024 6:19:59 PM (Day 3). The public issue subscribed 461.58 times in the retail category, 207.31 times in the QIB category, and 1,933.96 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 207.31 | 8,66,000 | 17,95,30,000 |
| NII* | 1,933.96 | 6,52,000 | 1,26,09,42,000 |
| Retail | 461.58 | 15,18,000 | 70,06,86,000 |
| Total | 705.26 | 30,36,000 | 2,14,11,58,000 |
Total Application : 3,50,343
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead manager(s) fees including underwriting commission | 1.22 |
| 2 | Brokerage, selling commission and upload fees | 0.15 |
| 3 | Registrars to the issue | 0.25 |
| 4 | Legal Advisors | 0.05 |
| 5 | Printing, advertising and marketing expenses | 0.21 |
| 6 | Regulators including stock exchanges | 0.05 |
| 7 | Others, if any | 0.54 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹58.00 |
| Open | ₹110.20 |
| Low | ₹110.20 |
| High | ₹115.70 |
| Last Trade | ₹115.70 |
Lead Manager Reports
Aesthetik Engineers IPO is a SME IPO of 45,64,000 equity shares of the face value of ₹10 aggregating up to ₹26 Crores. The issue is priced at ₹58 per share. The minimum order quantity is 2000.
The IPO opens on Thu, Aug 8, 2024, and closes on Mon, Aug 12, 2024.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Aesthetik Engineers IPO using UPI as a payment gateway. Zerodha customers can apply in Aesthetik Engineers IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Aesthetik Engineers IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Aesthetik Engineers IPO opens on Thu, Aug 8, 2024 and closes on Mon, Aug 12, 2024.
Aesthetik Engineers IPO lot size is 2000, and the minimum amount required for application is ₹1,16,000.
You can apply in Aesthetik Engineers IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Aesthetik Engineers IPO will be done on Tuesday, August 13, 2024, and the allotted shares will be credited to your demat account by Wed, Aug 14, 2024. Check the Aesthetik Engineers IPO allotment status.
The Aesthetik Engineers IPO listing date is on Fri, Aug 16, 2024.
