August 16, 2024
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Aesthetik Engineers IPO GMP grey market premium, review, Subscription, allotment, listing estimate @
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Table of Contents
- What is the latest Grey market Premium?
- Who are the promoters of the company?
- What is the business of the company?
- What is the IPO Objective?
- IPO Details
- How the shares are offered & how one can apply?
- IPO Timetable, allotment & listing dates
- Financial Performance & Ratio Analysis
- How the IPO compares with the Peers?
- 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
|
|
| 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
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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.
