Aesthetik Engineers Limited IPO

Aesthetik Engineers Limited IPO opens on August 8, 2024, and closes on August 12, 2024. The allotment for the Aesthetik Engineers IPO is anticipated to be completed on Tuesday, August 13, 2024. The IPO will be listed on the SME and NSE, with a tentative date set for Friday, August 16,2024.

The Aesthetik Engineers IPO’s price band is Rs 55 to Rs 58 per share. The IPO is a book-built issue of Rs 26.47 crores, entirely a fresh issue of 45.64 lakh shares.

Aesthetik Engineers IPO Details

Aesthetik Engineers IPO Lot Size

Aesthetik Engineers IPO Objectives

The Company proposes to utilize the net proceeds to finance the following purposes:

1. To meet the Capital Expenditure Requirement of the Company;
2. To meet the Working Capital requirements of the Company;
3. To meet out the General Corporate Purposes; and
4. To meet out the Issue Expenses.

About Aesthetik Engineers Limited

Founded in 2003, Aesthetik Engineers Limited specializes in providing comprehensive interior design services and is prominently engaged in the design, manufacture, and installation of advanced façade systems. The company offers a wide array of services, including the design, engineering, fabrication, and installation of architectural façades. They also produce aluminum doors and windows, as well as railings, stairs, and Glassfibre Reinforced Concrete (GFRC) for various sectors such as hospitality, residential, commercial, and infrastructure projects.

Aesthetik Engineers’ product offerings encompass several specialized categories. Their façade solutions include structural glazing and curtain walls, spider glazing, ACP/HPL/stone cladding, aluminum louvers, and custom-designed canopies, skylights, and domes. In addition, they provide an extensive range of doors and windows, delivering both products and services for their careful planning and installation. The company also excels in the design and installation of railings and stairs, ensuring functional and aesthetically pleasing solutions for a variety of building projects.

Aesthetik Engineers Limited Financial Information

Aesthetik Engineers Limited’s revenue increased by 50.64% and profit after tax (PAT) rose by 346.76% between the financial year ending with March 31, 2024 and March 31, 2023.

Aesthetik Engineers IPO Reservation

Aesthetik Engineers IPO Timeline

Aesthetik Engineers IPO opens on August 8, 2024, and closes on August 12, 2024.

Conclusion

The Aesthetik Engineers Limited IPO offers an exciting investment opportunity in a company specializing in comprehensive interior design and advanced façade systems. With a robust financial performance, significant revenue growth, and a promising outlook, the IPO presents potential for investors looking to diversify their portfolios. The company aims to utilize the funds raised to enhance its capital and working capital, alongside other corporate purposes, positioning itself for further growth in the dynamic construction and design sector. As the IPO opens from August 8 to August 12, 2024, investors should consider the company’s strong market presence and financial health before making their investment decisions.