Aesthetik Engineers Limited IPO
NSE SMEListed On: Aug 16, 2024 at ₹ 110.20
₹ 232000 /4000 Shares
*Min Investment
08 Aug, 2024
Open Date12 Aug, 2024
Close Date13 Aug, 2024
Allotment Date16 Aug, 2024
Listing DateAesthetik Engineers IPO Issue Details
- Issue Price ₹55-58 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 45,64,000 shares(aggregating up to ₹26.47 crore)
- Fresh Share 45,64,000 shares(aggregating up to ₹26.47 crore)
- Listing at NSE SME
- List Price 110.20
- Listing Date 2024-08-16
- Lead Manager Narnolia Financial Services Ltd
- Registrar Skyline Financial Services Private Ltd
Market Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 2000 | ₹1,16,000 |
| Retail(max) | 1 | 2000 | ₹1,16,000 |
| NII (min) | 2 | 4000 | ₹2,32,000 |
Aesthetik Engineers IPO Reservation
Aesthetik Engineers IPO offers total 45,64,000 shares. Out of which 8,66,000 (18.97%) allocated to QIB, 6,52,000 (14.29%) allocated to NII,15,18,000 (33.26%) allocated to RII, NA (NA%) allocated to employees and 12,96,000 (28.4%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 12,96,000 (28.4%) | |
| Market Maker Shares Offered | 2,32,000 (5.08%) | |
| QIB 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%) |
Aesthetik Engineers IPO Details
Aesthetik Engineers Limited IPO is an SME IPO, priced at ₹55-58 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 45,64,000 equity shares, aggregating up to ₹26.47 crores..
The IPO bidding window is open from Aug 8, 2024 to Aug 12, 2024. The allotment is expected to be finalized on Aug 13, 2024, and the tentative listing date is Aug 16, 2024.
The minimum lot size for Retail investors is 2000 shares, with a minimum investment of ₹1,16,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,32,000.
Narnolia Financial Services Ltd is acting as the lead manager to the issue. The registrar of the IPO is Skyline Financial Services Private Ltd, and Nikunj Stock Brokers Limited will act as the market maker for this issue.
Aesthetik Engineers IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 866,000 / 652,000 | 1,518,000 | 3,036,000 |
Day 1 08-08-24 06:00 PM | 4.50 / 23.43 x | 40.23 x | 26.43 x |
Day 2 09-08-24 06:00 PM | 5.24 / 45.80 x | 81.75 x | 52.21 x |
Day 3 12-08-24 06:00 PM | 207.31/ 1938.04 x | 477.22 x | 713.95 x |
Aesthetik Engineers Valuations
Aesthetik Engineers Company Financials
| 31-Mar-24 | 31-Mar-23 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 3,088.94 | 2,457.77 | N/A |
| Revenue | 6,079.50 | 4,035.82 | N/A |
| Profit After Tax | 502.99 | 112.59 | N/A |
| Net Worth | 1,502.41 | 999.42 | N/A |
| Total Borrowing | 849.92 | 592.47 | N/A |
About Aesthetik Engineers Company
Aesthetik Engineers Limited is an interior design service company established in 2003, which engages in the designing, manufacturing, and installation of façade systems.
The firm offers architectural façades, aluminum doors and windows as well as railings, stairs, and Glassfibre Reinforced Concrete (GFRC) design, engineering, fabrication, and installation for hospitality, residential, commercial, and infrastructure projects.
Product Range of Aesthetik Engineers:
Façade: structural glazing/curtain wall, spider glazing, ACP/HPL/stone cladding, aluminum louvers and canopies/skylights/domes.
Doors and windows: provision of products and services for planning and installation of doors and windows
Railings and stairs: Service provision for the design and installation of railings and stairs.
Glass Fiber Reinforced Concrete (GFRC).
The company's manufacturing plant is at Howrah, Kolkata, covering 3,000 square meters of area. By June 30, 2024, it had 52 permanent employees on its rolls.
Aesthetik Engineers - Promoter(s)
Mr. Avinash Agarwal
Ms. Sreeti Agarwal
Ms. Manisha Sureka
M/s Avinash Agarwal (HUF)
Pre Issue Share Holding : 100%
Post Issue Share Holding : 73.50%
Aesthetik Engineers IPO - Issue Objectives
To meet out the Capital Expenditure Requirement of the Company
To meet out the Working Capital requirements of the Company
To meet out the General Corporate Purposes
To meet out the Issue Expenses.
Aesthetik Engineers IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Aesthetik Engineers Limited | 3.97 | N/A | 11.87 | N/A | 40.21 | N/A | Standalone |
| Innovators Facade Systems Ltd | 8.04 | N/A | 67.36 | 28 | 1.19 | 3.34 | Standalone |
Notes:
- The P/E Ratio has been calculated by dividing the Current Market Price on July 31, 2024, and EPS as on March 31, 2024.
- Considering the nature and turnover of the business of the Company, the peers are not strictly comparable. However, the same has been included for broader comparison.
- The figures for Aesthetik Engineers Limited are based on the standalone restated financial results for the year ended March 31, 2024.
- The figures for the peer group are based on standalone audited results for the year ended March 31, 2024.
- Current Market Price (CMP) is the closing price of the respective scrip as on July 31, 2024.
Contact Details
Aesthetik Engineers
1858/1, 5th Floor, Unit 503-505, Acropolis Mall, Rajdanga Main Road, Kasba, Kolkata - 700107
+91 9836000052
Registrar Contact Details
Skyline Financial Services Private Ltd
02228511022
Aesthetik Engineers IPO - FAQs
Ans. Aesthetik Engineers Limited IPO is a SME IPO. The issue is priced at ₹55-58 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Aug 8, 2024, and closes on Aug 12, 2024. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Aesthetik Engineers Limited IPO opens on Aug 8, 2024 and closes on Aug 12, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Aesthetik Engineers Limited IPO is 4,564,000 shares(aggregating up to ₹26.47 Cr).
Ans. The Aesthetik Engineers Limited IPO price band is set between ₹55-58 per equity share.
Ans. To apply for Aesthetik Engineers Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Aesthetik Engineers Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Aesthetik Engineers Limited IPO is Aug 13, 2024.
Ans. The Aesthetik Engineers Limited IPO will be listed on Aug 16, 2024.
Ans. Follow the steps to check the Aesthetik Engineers Limited IPO allotment status online.
