IPO Details
Bidding Dates
08 Aug 24 - 12 Aug 24
Price Range ₹
55 - 58
Total Equity
₹ 26.47Cr
Lot Size
2000
Exchange Status
NSE
IPO Doc
Subscription Rate
Non-Institutional Investor
0.00×
Qualified Institutional Buyers
0.00×
Employees
0.00×
Retail Investors
0.00×
Total subscription Rate
0.00×
IPO Timeline
Offer start
08 Aug 2024
Offer end
12 Aug 2024
Allotment
13 Aug 2024
Refund initiation
14 Aug 2024
Demat transfer
14 Aug 2024
Listing
16 Aug 2024
Offer start
08 Aug 2024
Offer end
12 Aug 2024
Allotment
13 Aug 2024
Refund initiation
14 Aug 2024
Demat transfer
14 Aug 2024
Listing
16 Aug 2024
About Company
Founded in 2003, Aesthetik Engineers Limited specializes in interior design and is engaged in the design, manufacture, and installation of façade systems. The company offers comprehensive services in the design, engineering, fabrication, and installation of architectural façades, aluminum doors and windows, as well as railings, stairs, and Glassfibre Reinforced Concrete (GFRC) for various projects, including those in the hospitality, residential, commercial, and infrastructure sectors. Product Portfolio: - Façades: This includes structural glazing/curtain walls, spider glazing, ACP/HPL/stone cladding, aluminum louvers, and canopies/skylights/domes. - Doors and Windows: The company supplies products and services for the planning and installation of doors and windows. - Railings and Stairs: It offers design and installation services for railings and stairs. - Glass Fiber Reinforced Concrete (GFRC): A key product in their portfolio. The company's production facility is located in Howrah, Kolkata, covering over 3,000 square meters. As of June 30, 2024, Aesthetik Engineers employed 52 permanent staff members.
Year Founded
-0
Promotor Details
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 100 | 73.5 |
| Share Capital | 12656175 | 12656175 |
Offer to Public
45,64,000.00 Cr
Project Details
- Working Capital Requirement - 150cr
- Capital Expenditure - 80cr
Objectives
- To meet out the Capital Expenditure Requirement of Company
- To meet out the Working Capital requirements of the Company
- To meet out the General Corporate Purposes
- andTo meet out the Issue Expenses.
Highlights
- The company boasts strong design and execution capabilities, enabling it to deliver high-quality projects tailored to clients' needs. Its expertise in designing and executing complex architectural façades and interior design projects sets it apart in the industry.
- Aesthetik Engineers is led by an experienced management team, supported by a motivated and efficient workforce. This combination of leadership and talent fosters innovation and drives the company's success.
- The company maintains cordial and long-lasting relationships with its customers, ensuring repeat business and positive word-of-mouth. Its commitment to customer satisfaction is a cornerstone of its reputation.
- Aesthetik Engineers places a strong emphasis on quality assurance and control, ensuring that all products and services meet the highest standards. This focus on quality enhances customer trust and strengthens its market position.
- The company aims to capitalize on opportunities in the solar and construction industries, leveraging its expertise to expand its market presence. By improving operational efficiency and expanding its geographical network, Aesthetik Engineers seeks to tap into new markets and enhance its competitive advantage.
Challenges
- The company is involved in legal proceedings that could result in penalties or adverse effects on its business operations if decisions are unfavorable. Additionally, failure to obtain necessary certifications or pass required tests could negatively impact operations.
- The company does not own its registered office and factory premises, which are rented. This lack of ownership could impact operational stability. The business is also subject to seasonal and environmental factors that can adversely affect operations and results.
- The company generally does not have long-term contracts with suppliers, leading to potential raw material shortages. Some projects require third-party services, which could adversely affect operations if issues arise with these parties.
- The company secures projects through competitive bidding and pre-qualification standards. Failure to win new projects could affect financial health. Additionally, the inability to anticipate industry changes and develop new products and services could hinder competitiveness.
- The company requires significant working capital for growth, and any inability to meet these requirements could adversely affect operations.
