IPO Issue Details
Issue Price / Price Band₹58 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size45,64,000 shares (aggregating up to ₹26.47 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenThu, 08 Aug 2024
Subscription CloseMon, 12 Aug 2024
Anchor AllotmentWed, 07 Aug 2024
Basis of AllotmentTue, 13 Aug 2024
Initiation of RefundsWed, 14 Aug 2024
Credit of Shares to DematWed, 14 Aug 2024
Listing DateFri, 16 Aug 2024
UPI Mandate Deadline2024-08-12
Application & Investment Details
Retail — Min (1 Lots)₹1,16,000 — 2,000 shares
Retail — Max (13 Lots)₹1,508,000 (13 Lots)
HNI — Min (2 Lots)₹2,32,000 — 4,000 shares
EPS (Pre-IPO)₹3.97
EPS (Post-IPO)₹2.92
P/E Ratio (Pre-IPO)14.59x
P/E Ratio (Post-IPO)19.86x
Net Offer to Public43,32,000 shares (aggregating up to ₹25.13 Cr)
Reserved for Market Maker2,32,000 shares (aggregating up to ₹1.35 Cr)
Pre-IPO Promoter Holding1,26,56,175 shares
Post-IPO Promoter Holding1,72,20,175 shares
About Aesthetik Engineers Ltd.
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:Façade: structural glazing/curtain wall, spider glazing, ACP/HPL/stone cladding, aluminium louvers and canopies/skylights/domes.Doors and windows: supply of products and services for the planning and installation of doors and windows.Railings and stairs: Provision of services for the design and installation of railings and stairs.Glass Fibre Reinforced Concrete (GFRC).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.
Objects of the Issue
Aesthetik Engineers Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
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.
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,26,56,175 shares
Post-IPO Promoter Holding
1,72,20,175 shares