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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 ₹58.00 per share . The lot size for an application is 2,000. The minimum amount of investment required by an retail is ₹1,10,000 (2000 shares). The minimum lot size investment for 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 Date | August 8, 2024 to August 12, 2024 |
| Listing Date | August 16, 2024 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹55 to ₹58 per share |
| Issue Price Final | ₹58 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 45,64,000 shares (aggregating up to ₹26.47 Cr) |
| Reserved for Market Maker | 2,32,000 shares Nikunj Stock Brokers Ltd. (aggregating up to ₹1.35 Cr) |
| Net Offered to Public | 43,32,000 shares (aggregating up to ₹25.13 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,26,56,175 shares |
| Share Holding Post Issue | 1,72,20,175 shares |
Aesthetik Engineers IPO offers total 45,64,000 shares. Out of which 21,62,000 (47.37%) allocated to QIB, 8,66,000 (18.97%) allocated to QIB, 6,52,000 (14.29%) allocated to NII, 15,18,000 (33.26%) allocated to RII and 12,96,000 (28.40%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,32,000 (5.08%) |
| QIB Shares Offered | 21,62,000 (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 (14.29%) |
| Retail Shares Offered | 15,18,000 (33.26%) |
| Total Shares Offered | 45,64,000 (100.00%) |
Aesthetik Engineers IPO raises ₹7.52 crore from anchor investors. Aesthetik Engineers IPO Anchor bid date is August 7, 2024. Aesthetik Engineers IPO Anchor Investors list
| Bid Date | August 7, 2024 |
| Shares Offered | 12,96,000 |
| Anchor Portion Size (In Cr.) | 7.52 |
| Anchor lock-in period end date for 50% shares (30 Days) | September 12, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | November 11, 2024 |
Aesthetik Engineers IPO opens on August 8, 2024, and closes on August 12, 2024.
| IPO Open Date | Thu, Aug 8, 2024 |
| IPO Close Date | Mon, Aug 12, 2024 |
| Tentative Allotment | Tue, Aug 13, 2024 |
| Initiation of Refunds | Wed, Aug 14, 2024 |
| Credit of Shares to Demat | Wed, Aug 14, 2024 |
| Tentative Listing Date | Fri, Aug 16, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Aug 12, 2024 |
Investors can bid for a minimum of 2,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| 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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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.
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 Ended | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 3,088.94 | 2,457.77 |
| Total Income | 6,079.50 | 4,035.82 |
| Profit After Tax | 502.99 | 112.59 |
| Net Worth | 1,502.41 | 999.42 |
| Total Borrowing | 849.92 | 592.47 |
| Amount in ₹ Lakhs | ||
The market capitalization of Aesthetik Engineers IPO is ₹99.88 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| 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 Rs | 3.97 | 2.92 |
| P/E (x) | 14.59 | 19.86 |
The company proposes to utilize the net proceeds from the issue towards the following objectives:
[Dilip Davda] The company is one of the leading organized player in façade and aluminium doors/windows, GRC related contracts/services. It marked growth in its top and bottom lines for the reported periods. The company has ongoing projects worth Rs. 67+ cr. on hand as of March 31, 2024. Considering its financial performance and future prospects, investors may park funds for the medium to long term. Read detail review...
| Listing Date | August 16, 2024 |
| BSE Script Code | |
| NSE Symbol | AESTHETIK |
| ISIN | INE0TSF01011 |
| Final Issue Price | ₹58 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹58.00 |
| Open | ₹110.20 |
| Low | ₹110.20 |
| High | ₹115.70 |
| Last Trade | ₹115.70 |
Aesthetik Engineers Ltd.
1858/1, 5th Floor, Unit 503-505,
Acropolis Mall, Rajdanga Main Road,
Kasba
Kolkata, West Bengal, 700107
Phone: +91 9836000052
Email: cs@aesthetik.in
Website: http://www.aesthetik.in/
Skyline Financial Services Pvt.Ltd.
Phone: 02228511022
Email: compliances@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Aesthetik Engineers IPO is a SME IPO of 45,64,000 equity shares of the face value of ₹10 aggregating up to ₹26.47 Crores. The issue is priced at ₹58 per share. The minimum order quantity is 2000.
The IPO opens on August 8, 2024, and closes on August 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 August 8, 2024 and closes on August 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 Wednesday, August 14, 2024. Check the Aesthetik Engineers IPO allotment status.
The Aesthetik Engineers IPO listing date is on Friday, August 16, 2024.
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