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Aesthetik Engineers Limited

IPO

Issue Price

₹55- ₹58

per equity share

Issue Size

45.64 lakhs

equity share

Face Value

₹ 10

per equity share

Market Lot

2000

equity share

Please note

Listing at NSE

Aesthetik Engineers Limited

Important Dates

IPO Open Date

08 Aug 2024

IPO Close Date

12 Aug 2024

Allotment Date

13 Aug 2024

Initiation of Refunds

14 Aug 2024

Credit of Shares to Demat Account

14 Aug 2024

IPO Listing Date

16 Aug 2024

UPI Mandate Expiry Date

12 Aug 2024

IPO Details

Aesthetik Engineers IPO is open for subscription starting Thursday, August 8, 2024, and closing on Monday, August 12, 2024. This upcoming IPO's price is Rs 55 to Rs 58 per share. The minimum lot size set for the retail category is 2000 shares. Meanwhile, the minimum lot size for the HNI category is 2 lots consisting of 4000 shares.  The minimum investment required for retail category investors is Rs 1,16,000 (58 x 2000 shares). However, for the HNI category, the minimum investment amount required is Rs 2,32,000 (58 x 4000 shares).  Aesthetik Engineers IPO is a book-built issue of Rs 26.47 crores. This upcoming IPO’s fresh issue of 45.64 lakh equity shares. The allotment for this new IPO is expected to be finalised on Tuesday, August 13, 2024. Aesthetik Engineers IPO will be listed on NSE SME on Friday, August 16, 2024. Narnolia Financial Services Limited is the book-running lead manager, Skyline Financial Services Private Limited is the registrar, and Nikunj Stock Brokers is the market maker for this IPO.

About Aesthetik Engineers Limited

Aesthetik Engineers Limited was founded in 2003, engaged in the business of interior design services and is involved in designing, manufacturing, and installation of facade systems. Aesthetik provides design, engineering, fabrication, and installation of architectural facades, aluminium doors and windows as well as railings, stairs and Glassfibre Reinforced Concrete for hospitality, residential, commercial and infrastructure projects.  The product portfolio of Aesthetik Engineers includes - Doors and windows, Railings and stairs, Glass Fiber Reinforced Concrete. Aesthetik Engineers Limited production facility is located in Howrah, Kolkata, and spans over 3,000 sq. metre. As per latest record, the company had 52 permanent employees. 

Parent Organisation

-

Founded

2003

Managing Director

Mr. Avinash Agarwal, Ms. Sreeti Agarwal, Ms. Manisha Sureka, and M/s Avinash Agarwal (HUF)

IPO Objectives

The funds raised through this offer will be used for the company's capital expenditure needs, working capital needs for the proper functioning of the company, general corporate purposes, and issue expenses.

How to apply for IPO

  • Login to your Bigul account and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a mandate notification to block funds in your UPI app
  • Approve the mandate request on your UPI and funds will be blocked
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