Aesthetik Engineers Ltd

Aesthetik Engineers Ltd IPO

IPO Price Range: ₹55 - 58

Aesthetik Engineers Limited is engaged in the business of designing, engineering, fabrication and installation of facade systems. Our portfolio includes building facades, Aluminium Doors and Windows, Railing and Staircase and Glassfibre Reinforced Concrete (GRC). The Company offers a wide range of products and services to meet the demands of our customers who belong to various industries such as Hospitality, Architecture, and Infrastructure. The Company executes end to end solution of its offerings i.e, from designing of faade to installation of facade at the site. The Company has a factory situated at Howrah, Kolkata which is being used for the fabrication and assembly of its products with emphasis on quality and performance which are resistant against UV rays, rains, dust, noise and other substance,

Min Investment

₹1,16,000

IPO Size

₹26 Cr

IPO Status

Closed

Quantity in 1 Lot

2000

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of Aesthetik Engineers Ltd

Open Date8 Aug 2024
Close Date12 Aug 2024
Allotment Date13 Aug 2024
Listing Date16 Aug 2024

Key Statistics

Bid Opening DateBid Opening Date8 Aug 2024
Bid Closing DateBid Closing Date12 Aug 2024
Allotment DateAllotment Date13 Aug 2024
Issue SizeIssue Size₹26.47Cr
Quantity in 1 lotQuantity in 1 lot2000

Strength and risks

Strength

Strength

  • Designing and execution capabilities.

  • Experienced management team and a motivated and efficient work force.

  • Cordial relations with its consumers.

  • Quality assurance and control.


Risk

Risk

  • The Company is involved in certain legal proceedings/litigations. Any adverse decision in such proceedings may render it/them liable to penalties and may adversely affect its business and result of operations.

  • Failures to obtain the required certification or qualify the tests can adversely affect its business operations.

  • The company does not own its registered office and factory premises, the same are taken on rent by the company.

  • Its business is subject to seasonal and other environmental factors, that can adversely affect its business and result of operations.

  • The company has incurred losses in one out of three previous financial years.

  • Generally, the company does not enter long term contracts with its suppliers and therefore, there may be potential unavailability of raw materials in future, which may adversely affect its business operations.

  • Its certain projects requires the product and services of third parties, including suppliers and subcontractors, which may have an adverse effect on its business operations.

  • The Company operation and growth is dependent upon successfully implementation its business strategies.

  • If the company experience delays and/or defaults in client payments, its may be unable to recover all expenditures.

  • Significant portion of its revenue has been generated from state of West Bengal, any loss of business from this states may adversely affect the company revenues and profitability.

Promoters Holding

Investors Holdings %
Avinash Agarwal66.12%
Sreeti Agarwal6.7%
Manish Surekha0.06%
Avinash Agarwal (HUF)5.67%

About Aesthetik Engineers Ltd

OrganisationAesthetik Engineers Ltd
HeadquartersKolkata
IndustryConstruction

Frequently Asked Questions

  • What is the size of the Aesthetik Engineers Ltd IPO?

    The size of the Aesthetik Engineers Ltd IPO is ₹26.47Cr .

  • What is 'pre-apply' for Aesthetik Engineers Ltd IPO?

    'Pre-apply' for Aesthetik Engineers Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Aesthetik Engineers Ltd IPO order be placed?

    Your Aesthetik Engineers Ltd IPO order will be placed on 8 Aug 2024.

  • What are the open and close dates of the Aesthetik Engineers Ltd IPO?

    The open and close dates of the Aesthetik Engineers Ltd IPO are 8 Aug 2024 to 12 Aug 2024.

  • What is the lot size and minimum order quantity of the Aesthetik Engineers Ltd IPO?

    The lot size and minimum order quantity of the Aesthetik Engineers Ltd IPO are 2000 and 2000 respectively.

  • What would be the listing gains on the Aesthetik Engineers Ltd IPO?

    The potential listing gains on the Aesthetik Engineers Ltd IPO will depend on various market factors and cannot be predicted with certainty.