Aesthetik Engineers Limited
IPO Details
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₹45(77.59%)
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Aesthetik Engineers Limited's completed its IPO journey with a successful listing on NSE on Aug 16, 2024. The public offering mobilized 45,64,000 Shares in total capital, comprising 45,64,000 Shares in fresh equity.
The offering was conducted within the price band of ₹55 to ₹58, with minimum application lots of 2000 shares. Investor participation during the Aug 08, 2024 to Aug 12, 2024 subscription window determined the final allocation pattern.
The basis of allotment was announced on Aug 13, 2024, finalizing share distribution to successful applicants. The listing represents a significant corporate development, providing the company with enhanced visibility and access to public capital markets.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Aesthetik Engineers Limited, founded in 2003, specializes in interior design and façade systems, offering end-to-end solutions from design and engineering to fabrication and installation. The company provides architectural façades, aluminum doors and windows, railings, stairs, and GFRC for hospitality, residential, commercial, and infrastructure projects. Its product range includes curtain walls, spider glazing, cladding, louvers, skylights, and domes. With a 3,000 sq. meter production facility in Howrah, Kolkata, Aesthetik Engineers employs 52 permanent staff members as of June 2024, delivering high-quality design and installation services.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Expert Design & Execution: Skilled in creating and flawlessly delivering architectural façades and interior systems.
- Experienced Team: Led by a knowledgeable management team and supported by a dedicated, efficient workforce.
- Strong Customer Relationships: Builds and maintains positive, long-term connections with clients.
- Legal Risks: Ongoing litigations could result in penalties and impact business operations.
- Certification Challenges: Not obtaining required certifications or passing tests could affect operations and growth.
- Leased Facilities: Since the company rents its office and factory space, it faces potential operational risks.
- Mr. Avinash Agarwal
- Ms. Sreeti Agarwal
- Ms. Manisha Sureka
- M/s Avinash Agarwal (HUF)
Aesthetik Engineers Limited
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