Aesthetik Engineers IPO Details
| IPO Size | 26.47 |
| Price Range | ₹55 - ₹58 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 2000 |
| Investment (cut-off price) | ₹116,000 |
| Pre IPO Promotor Holding | 100.00% |
| Post IPO Promotor Holding | 73.50% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Aesthetik Engineers IPO Timelines
08/08/2024
Start Date12/08/2024
End Date14/08/2024
Refund Initiation14/08/2024
Credit of Shares to Demat Ac16/08/2024
Listing DateAesthetik Engineers IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 2000 | ₹116,000 |
| Retail Maximum | 1 | 2000 | ₹116,000 |
| S-HNI Minimum | 2 | 4000 | ₹232,000 |
Aesthetik Engineers IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 4.50 x | 23.29 x | 39.63 x | -- | 26.10 x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹110.20 | ₹115.70 | ₹115.70 | ₹110.20 |
Aesthetik Engineers IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹25.93 | ₹25.24 | -₹0.45 |
| FY 2023 | ₹40.36 | ₹38.85 | ₹1.13 |
| FY 2024 | ₹60.80 | ₹54.26 | ₹5.03 |
About Company
Aesthetik Engineers Limited, founded in 2003, specialises in the design, engineering, fabrication, and installation of façade systems, aluminium doors and windows, railings and staircases, and Glassfibre Reinforced Concrete (GFRC). Serving various industries such as hospitality, residential, commercial, and infrastructure projects, the company offers end-to-end solutions from design to installation.
Based in Kolkata, Aesthetik Engineers operates a 3,000-square-meter production facility in Howrah. The company emphasises quality and performance in its products, which are resistant to heat, UV rays, rain, dust, noise, and other elements. The company has executed numerous projects across West Bengal, Bihar, Maharashtra, Assam, Odisha, and Gujarat, catering to commercial complexes, residential buildings, airports, and malls.
Aesthetik Engineers collaborates with recognised domestic and international suppliers to ensure timely material supply. The company’s standardised operating processes for design, fabrication, and installation ensure consistency, quality control, and efficiency. With over two decades of experience, the company is distinguished by its high-quality, cost-effective solutions that meet both national and international standards. As of June 30, 2024, Aesthetik Engineers employs 52 permanent staff, reflecting its robust in-house capabilities in engineering, design, fabrication, and material development.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2008 | Capital Goods | Avinash Agarwal |
Know Before Investing
Aesthetik Engineers IPO Strengths
- Experienced team led by the promoter with 20+ years in the industry.
- Dedicated logistics ensure seamless operations across India.
- Adherence to global quality standards for product excellence.
- Advanced Italian machinery enhances fabrication efficiency and quality.
- In-house testing reduces fabrication time and costs.
- Stable customer base with longstanding government contracts.
Aesthetik Engineers IPO Risks
- Legal proceedings risk potential liabilities totalling ₹11,62,48,150.
- Certification failures may impact business and operations adversely.
- Registered office and factory premises rented, not owned.
- Seasonal factors and monsoons disrupt operations and project timelines.
- Significant revenue concentration in West Bengal at 86.52%.
- Negative cash flows from operations, investing, and financing activities.
Swot Analysis for Aesthetik Engineers IPO
Strengths
Weaknesses
Opportunities
Threats
Company Details
Aesthetik Engineers Limited
1858/1, 5th Floor, Unit 503-505,
Acropolis Mall, Rajdanga Main Road,
Kasba, Kolkata – 700107
Phone: +91 9836000052
Email: [email protected]
Website: http://www.aesthetik.in/
IPO Registar Details
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php
FAQs
The key objectives of Aesthetik Engineers IPO are:
- Capital Expenditure Requirement of the Company;
- Working Capital requirements of the Company;
- General Corporate Purposes and
- Issue Expenses.