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    Aesthetik Engineers IPO GMP grey market premium, review, Subscription, allotment, listing estimate @

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    Table of Contents

    1. What is the latest Grey market Premium?
    2. Who are the promoters of the company?
    3. What is the business of the company?
    4. What is the IPO Objective?
    5. IPO Details
    6. How the shares are offered & how one can apply?
    7. IPO Timetable, allotment & listing dates
    8. Financial Performance & Ratio Analysis
    9. How the IPO compares with the Peers?
    10. IPO Guidance

    Aesthetik Engineers listing Review



    Aesthetik Engineers IPO allotment Link

    What is the latest grey market premium of Aesthetik Engineers IPO?

     For latest GMP, Click

    Subscription status of Aesthetik Engineers IPO

    Aesthetik Engineers IPO (Closed)

    Price Rs. 58 Lot 2000 shares, Rs.17.61 Crore

    QIB NII x RII x Total x Applications
    207.31 1933.96 461.58 705.26 3,50,343 (461.58x)
    Amount wise bids recd. Rs.12419.63 Crore
    Note: Solid subscription collected



     

    What is the business of Aesthetik Engineers?

    Aesthetik Engineers is engaged in the business of designing, engineering, fabrication and installation of facade systems. Its portfolio includes building facades, Aluminium Doors and Windows, Railing and Staircase and Glassfibre Reinforced Concrete. It offers a wide range of products and services to meet the demands of its customers who belong to various industries such as Hospitality, Residential, Commercial, and Infrastructure Projects. It executes end to end solution of its offerings i.e, from designing of façade to installation of facade at the site.

    Aesthetik Engineers’s registered office is situated at Kolkata from where it conducts its business operations smoothly. Further, it has a factory situated at Howrah, Kolkata, and is spread over the 3,000 square meter, which is being used for the fabrication and assembly of its products with emphasis on quality and performance which are resistant against Heat, UV rays, rains, dust, noise and other substance.

    Over the years it has executed various projects for the various reputed clients from different industries. It has offered its services to various construction projects including commercial complex, residential building, airports, and Malls in various states such as West Bengal, Bihar, Maharashtra, Assam, Odisha and Gujarat.

    Get more information about the company @http://www.aesthetik.in/

    Aesthetik Engineers IPO Details

    IPO Opens on August 8, 2024
    IPO Closes on August 12, 2024
    IPO size: 4564000 shares of Rs. 10 each, aggragating to Rs. 26.47 crore
    For Market Maker: 232,000 shares
    Net Offer to the Public: 4332,000 shares aggragating to Rs. 25.13 crore
    Price Band Rs. 55-58
    Lot 2000 shares
    Listing at NSE Emerge.

    Shares offered in IPO

      Shares Rs. (Crore)
    QIB (net) net   870000   5.05
    NII  (15%)   649800   3.77
    RII  (35%) 1516200   8.79
    Total Shares  3136000 17.61
    Retail portion will be oversubscribed by  758
    Forms
    How much Shares to Apply in this IPO?
    Min Retail Application 2000 Shares Rs.116000
    Min HNI Application  4000 Shares Rs.232000

    Who are the Promoters of Aesthetik Engineers IPO?

    Mr. Avinash Agarwal, Ms. Sreeti Agarwal, Ms. Manisha Sureka, and M/s Avinash Agarwal (HUF) are the promoters of the company.

     

    What are the Objects of Aesthetik Engineers IPO?

    The Offer comprises of only fresh issue of shares.

    The objectives of the Offer are to:

    1.To meet out the Capital Expenditure Requirement of the Company;
    2.To meet out the Working Capital requirements of the Company;
    3.To meet out the General Corporate Purposes; and
    4.To meet out the Issue Expenses.

    Tentative timetable

    IPO opens on 8 August 2024
    IPO Closes on 12 August 2024
    IPO Allotment on  13 August 2024
    Refund Initiation  14 August 2024
    Credit of Shares 14 August 2024
    Listing on 16 August 2024
    Registered Office of the Company
    Aesthetik Engineers Limited
    1858/1, 5th Floor, Unit 503-505,
    Acropolis Mall, Rajdanga Main Road,
    Kasba, Kolkata – 700107
    Who is the Lead Manager of this IPO?
    Narnolia Financial Services Ltd
    Who is the Registrar to IPO?
    Skyline Financial Services Private Ltd

    Aesthetik Engineers IPO GMP grey market premium, review, Subscription, allotment, listing estimate

    Aesthetik Engineers IPO Financial & Analytical Ratios

    Year Total Income Net Profit EPS RoNW
      Rs.in Cr Rs.in Crore Rs. %
    2021-22   –  –
    2022-23 40.36 1.13 13.34 11.68
    2023-24 11M 60.80 5.03 3.97 33.48
    Book Value of the
    Share on 31.03.2024
      Rs 11.87    
    BV of the Share at
    cap price
    after the IPO Rs. ?    
    Offer Price/upper band   Rs. 58    

    IPO
    Key Performance indicators

    Price/EPS of 23-24 14.61
    Price/BV Ratio 4.89
    Price/BV after IPO 


    How
    Aesthetik Engineers IPO compares with the Peers?

    Aesthetik Engineers @ PE Multiple of 14.61
    Innovators Facade    @ PE Multiple of 28.00    

    # This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

    Aesthetik Engineers IPO Review


    + from fundamental angle: Apply
    + from grey market angle: Apply

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    Aesthetik Engineers IPO FAQs

    What is Aesthetik Engineers IPO?

    This is a SME IPO of 4564000 equity shares of the face value of Rs. 10 aggregating up to Rs.26.47 Crores. The issue is priced at Rs.55-58 per share. The minimum order quantity is 2000 Shares.

    When will Aesthetik Engineers IPO subscription open?

    Aesthetik Engineers IPO opens on August 8, 2024, and closes on August 012, 2024.

    What is the lot size of Aesthetik Engineers IPO?

    Aesthetik Engineers IPO lot size is 2000 Shares, and the minimum amount required is Rs.116000

    How to apply for Aesthetik Engineers IPO?

    You can apply in Aesthetik Engineers IPO online using either UPI or ASBA as 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 apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

    When is Aesthetik Engineers IPO allotment?

    The finalization of Basis of Allotment for Aesthetik Engineers IPO will be done on August 13, 2024, and the allotted shares will be credited to your demat account by August 14, 2024.

    When is Aesthetik Engineers IPO listing date?

    Aesthetik Engineers IPO listing date is August 16, 2024.

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