Aesthetik Engineers Limited IPO (Aesthetik Engineers IPO) Date, Price, GMP & Allotment 2024

Aesthetik Engineers IPO Lot Size

Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Aesthetik Engineers IPO Details

Aesthetik Engineers Limited IPO subscription status

Aesthetik Engineers Limited IPO Allotment status

The allotment of shares of Aesthetik Engineers SME IPO worth ₹26.47 Cr is to be finalized/declared on 13th Aug 2024 and the shares are expected to be listed on 16th Aug 2024. Anyone who has applied for the Aesthetik Engineers public issue can check the allotment status online on the registrar’s official website. Check out the Aesthetik Engineers SME IPO Allotment URL and step-by-step guide on how to check allotment status online.

To check Aesthetik Engineers IPO allotment status, follow the steps below:

1. Click on the below allotment status check button.
2. Select Company Name.
3. Enter your PAN Number, Application Number or DP Client ID (Anyone).
4. Click on Search.

On securing the allotment, you will receive the credit of equivalent shares in your Demat account.

If you have any concerns or queries about the allotment status, contact Skyline Financial Services Private Ltd either by phone or email. Investors can call on 02228511022 or send an email with all relevant details to compliances@skylinerta.com.

Promoter and Management Team

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

Conclusion and Investor Considerations

The Aesthetik Engineers Limited IPO offers a promising investment opportunity, opening from August 8 to August 12, 2024. With a fixed price band of ₹55 to ₹58 and a target to raise ₹26.47 crores, this NSE SME IPO presents a significant growth potential backed by strong financial performance and strategic objectives. Investors can participate with a minimum lot size of 2000 shares.

Investor Considerations

• Financial Performance: The company reported a robust 50.64% increase in revenue and a remarkable 346.76% rise in profit after tax for FY 2024 compared to FY 2023, indicating strong growth momentum.
• IPO Objectives: The proceeds will be used for capital expenditure, working capital requirements, general corporate purposes, and issue expenses, supporting future expansion and operational efficiency.
• Market Sentiment: The Grey Market Price (GMP) has shown a downward trend recently, with the latest GMP at ₹25. This suggests cautious market sentiment, but also potential for gains if the IPO performs well on listing.
• Valuation Metrics: Key metrics include a market capitalization of ₹99.88 crores, ROE of 33.48%, and PAT margin of 8.28%, highlighting the company’s financial strength and profitability.

Investors should carefully consider these factors, the company’s growth trajectory, and market conditions before making an investment decision.

Aesthetik Engineers Limited IPO – Frequently Asked Questions

1. What is the Aesthetik Engineers Limited IPO?

The Aesthetik Engineers Limited IPO is a public offering where the company is issuing new shares to raise capital from the public. The funds will be used to support the company’s growth initiatives, enhance its engineering capabilities, and expand its market presence.

2. What are the key dates for the Aesthetik Engineers Limited IPO?

The key dates for the IPO include the opening and closing dates of the subscription period, the date of share allotment, the refund initiation date, the date shares will be credited to Demat accounts, and the listing date on the stock exchange. These dates will be announced in the official prospectus.

3. What is the price band for the Aesthetik Engineers Limited IPO?

The price band for the IPO is the range within which investors can place their bids for the shares. This range is determined by the company and its underwriters based on market conditions. The specific price band will be provided in the IPO prospectus.

4. How can investors apply for the Aesthetik Engineers Limited IPO?

Investors can apply for the IPO through various methods, including ASBA (Application Supported by Blocked Amount) via their bank’s online portal, through UPI, or by applying through a stockbroker or financial institution. Instructions for applying will be detailed in the prospectus.

5. What are the risks associated with investing in the Aesthetik Engineers Limited IPO?

As with any investment, there are risks involved in participating in the Aesthetik Engineers Limited IPO. These may include market volatility, changes in industry dynamics, and the company’s future performance. It is important for investors to thoroughly read the prospectus and consult with financial advisors before making an investment decision.