Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Aesthetik Engineers IPO
Price Band
₹55.0–58.0
Issue Size
₹26.47 Cr
Lot Size
2,000 shares
Min Investment
₹116,000
GMP
+₹45.0 (77.59%)
Issue Price
₹58.0
Subject to Sauda
₹68400
Paid only if allotted
Aesthetik Engineers IPO AI Summary
- Aesthetik Engineers IPO is listed on NSE SME in the Civil Construction sector.
- Price band: ₹55.0–₹58.0 per share, lot size 2,000 shares (min. investment ₹116,000).
- Subscription window: 08 Aug–12 Aug 2024, listing on 16 Aug 2024.
- Current GMP is +₹45.0 (77.59%), an estimated listing price of ₹103 — unofficial and can change daily.
Aesthetik Engineers Limited offers a specialized range of services in the civil construction sector, focusing on facade systems and interior design. With a strong growth trajectory in revenue and profit, the company is positioned for potential listing gains, as indicated by a significant Grey Market Premium.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Aesthetik Engineers IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 12 Aug 2024 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Aesthetik Engineers IPO Grey Market Premium (GMP) Today
GMP
+₹45.0
GMP %
+77.59%
Est. Listing
₹103.0
Updated: 25 Jul 2026 14:04
About the Company
Founded in 2003, Aesthetik Engineers Limited provides interior design services and is involved in designing, manufacturing, and installing façade systems. The company provides design, engineering, fabrication, and installation of architectural façades, aluminium doors and windows as well as railings, stairs and Glassfibre Reinforced Concrete (GFRC) for hospitality, residential, commercial and infrastructure projects. The product portfolio of Aesthetik Engineers includes: Façade: structural glazing/curtain wall, spider glazing, ACP/HPL/stone cladding, aluminium louvers and canopies/skylights/domes. Doors and windows: supply of products and services for the planning and installation of doors and windows. Railings and stairs: Provision of services for the design and installation of railings and stairs. Glass Fibre Reinforced Concrete (GFRC). The company's production facility is located in Howrah, Kolkata, and spans over 3,000 square meters. As of June 30, 2024, the company had 52 permanent employees.
Company Financials (₹ Cr)
As of 2024-03-31
| Period Ended | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|
| Assets | 30.89 | 24.58 |
| Total Income | 60.79 | 40.36 |
| Profit After Tax | 5.03 | 1.13 |
| NET Worth | 15.02 | 9.99 |
| Total Borrowing | 8.50 | 5.92 |
Key Ratios
EPS
₹3.97
NAV
₹11.87
ROE
33.48%
ROCE
37.32%
RoNW
33.48%
P/B Value
4.89
P/E Ratio
14.59
Market Cap
₹99.88 Cr
PAT Margin
8.28%
Debt/Equity
0.57
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic |
|---|---|---|---|---|
| Innovators Facade Systems Ltd | 67.36 | 1.19% | 28 | 8.04 |
| Aesthetik Engineers Limited This IPO | 11.87 | 40.21% | — | 3.97 |
Promoters
Avinash Agarwal, Sreeti Agarwal, Manisha Sureka and Avinash Agarwal (HUF)
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Capital Expenditure 8.00 2 Working Capital Requirement 15.00 3 General Corporate Purposes 1.00
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹40.36 Cr in the year ended 31 Mar 2023, rising to ₹60.79 Cr by 31 Mar 2024.
Profit Trend
Profit After Tax increased from ₹1.13 Cr for the year ended 31 Mar 2023 to ₹5.03 Cr by 31 Mar 2024.
Valuation
Aesthetik Engineers Limited has an EPS of ₹3.97, which gives it a P/E ratio of 14.59 at the issue price. In comparison, its peer Innovators Facade Systems Ltd has a P/E of 28.
Grey Market Premium, Explained
The Grey Market Premium (GMP) is an indicator of the expected listing price of an IPO. It reflects the difference between the issue price and the expected market price on the listing day, based on demand and supply dynamics in the unofficial market.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their overall investment strategy, considering factors such as the company's growth potential and market conditions.
Who May Want to Wait
Investors who are risk-averse or prefer stable, established companies may want to avoid investing in IPOs like this, which can be subject to significant price fluctuations.
IPO Timeline, Explained
The IPO opens for subscription on August 8, 2024, and closes on August 12, 2024. Allotment of shares will be finalized on August 13, 2024, with shares expected to be listed on August 16, 2024.
Listing Gains — The Risk
Listing gains refer to the potential profit an investor can make by selling shares on the listing day at a higher price than the issue price. However, these gains are not guaranteed and can be influenced by market conditions, investor sentiment, and company performance post-IPO.
This evaluation is generated from Aesthetik Engineers's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Aesthetik Engineers IPO GMP today?
Aesthetik Engineers IPO GMP today is +₹45.0 (77.59%), indicating an estimated listing price of ₹103. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Aesthetik Engineers IPO?
The price band of Aesthetik Engineers IPO is ₹55.0–₹58.0 per share.
When does Aesthetik Engineers IPO open and close?
Aesthetik Engineers IPO opens on 08 August 2024 and closes on 12 August 2024.
When does Aesthetik Engineers IPO list on the stock exchange?
Aesthetik Engineers IPO listed on 16 August 2024 at ₹103.0.
What is the lot size for Aesthetik Engineers IPO?
The lot size for Aesthetik Engineers IPO is 2000 shares, requiring a minimum investment of ₹116,000.
What is the issue price of Aesthetik Engineers Limited?
The issue price is ₹58.0.
What is the minimum investment required?
The minimum investment required is ₹116,000, which corresponds to a lot size of 2000 shares.
What is the Grey Market Premium (GMP) for this IPO?
The GMP is ₹45.0, which is approximately 77.59% above the issue price.
When is the listing date for Aesthetik Engineers Limited?
The listing date is August 16, 2024.
Who is the lead manager for this IPO?
The lead manager for this IPO is Narnolia Financial Services Ltd.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
08 Aug 2024
Close
12 Aug 2024
Allotment
13 Aug 2024
Listing
16 Aug 2024
Similar IPOs in Civil Construction
Plan Your IPO Investment
Related Articles
Community Sentiment
What are other investors planning for Aesthetik Engineers?
No votes yet — be the first to share your view.
Sign in to voteDiscussion
User-generated content — not investment advice, and not verified or endorsed by TopFund.
No comments yet — start the discussion.