Aesthetik Engineers Limited IPO

As a leading provider of premium glass, window, and facade products, we bring together cutting-edge technology, craftsmanship, and creativity to deliver exceptional results for our clients.

Founded in the year 2003, Aesthetik Engineers Ltd. has steadily grown in the architecture industry and have emerged to a trusted partner for architects, builders, and homeowners alike. Our journey began with a vision to redefine the possibilities of glass in architectural design and construction. Over the years, we have honed our expertise, expanded our capabilities, and built a reputation for excellence in our industry.

Aesthetik Engineers IPO is a book built issue of Rs 26.47 crores. The issue comprises of fresh issue of 45.64 lakh shares and offer for sale worth Rs 0.00 crore.

Aesthetik Engineers IPO opens for subscription on August 8, 2024 and closes on August 12, 2024. The allotment for the Aesthetik Engineers IPO is expected to be finalized on Tuesday, August 13, 2024. Aesthetik Engineers IPO will list on NSE SME with tentative listing date fixed as Friday, August 16, 2024.

Aesthetik Engineers IPO price band is set at ₹55 to ₹58 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹116,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹232,000.

Objects of the Issue (Aesthetik Engineers IPO Objectives)

The company proposes to utilize the net proceeds from the issue towards the following objectives:

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