Aesthetik Engineers Limited is launching an IPO with a fresh issue of 45,64,000 shares worth INR 26.47 crores. The company aims to meet capital expenditure, working capital requirements, and general corporate purposes.
Aesthetik Engineers IPO – Important Dates
Aesthetik Engineers Limited IPO Date | August 8, 2024 to August 12, 2024 |
Aesthetik Engineers Limited IPO Listing Date | August 16, 2024 |
Aesthetik Engineers Limited IPO Price | INR 55-58 per share |
Aesthetik Engineers Limited IPO Lot Size | 2000 Shares |
Aesthetik Engineers Limited IPO Total Issue Size | INR 26.47 crores |
Aesthetik Engineers Limited IPO Basis of Allotment | August 13, 2024 |
Aesthetik Engineers Limited IPO Initiation of Refunds | August 14, 2024 |
Aesthetik Engineers Limited IPO Credit of Shares to Demat | August 14, 2024 |
Aesthetik Engineers Limited IPO Issue Type | Book Built Issue IPO |
Aesthetik Engineers Limited IPO Listing At | NSE SME |
Aesthetik Engineers Limited IPO – Company Profile
Aesthetik Engineers Limited designs, engineers fabricates, and installs facade systems, including aluminum doors, windows, railings, staircases, and GRC. Serving hospitality, residential, commercial, and infrastructure sectors, they offer comprehensive end-to-end solutions from design to installation.
By adhering to standardized design, fabrication, and installation processes, they ensure consistency, quality control, and efficiency in facade development, which facilitates the achievement of project objectives and enhances client satisfaction throughout the entire lifecycle.
With over two decades of experience, they excel in engineering, design, fabrication, and material development. Their high-quality, cost-effective facade solutions meet national and international standards, distinguishing them from global competitors.
Aesthetik Engineers Ltd IPO Fundamental Analysis
Aesthetik Engineers Limited Technologies’ financial analysis reveals a mixed performance. Revenue increased significantly over three years, with improved profitability, EPS, RoNW, and asset growth, reflecting potential business expansion and a stronger financial position.
- Revenue Trend: The revenue increased from ₹2,57,391.17 thousands in March 2022 to ₹4,00,097.64 thousands in March 2023. The revenue for the current year’s 12-month period ending March 2024 is INR 6,07,203.05 thousand.
- Equity and Liabilities: Both equity and liability have shown a consistent increase over the periods, reflecting potential growth and expansion.
- Profitability: The profit after tax (PAT) has significantly increased from ₹(4,512.46) thousand in March 2022 to ₹50,298.96 thousand by March 2024. This improvement in profitability could be a source of confidence among investors.
- Earnings per Share (EPS): The diluted EPS has risen from ₹(5.35) in March 2022 to ₹3.97 by March 2024, reflecting higher earnings per share for investors.
- Return on Net Worth (RoNW): The RoNW has risen from (5.30)% to 33.48%, indicating an increase in the company’s ability to generate returns on shareholder equity.
- Financial Position: Total assets have increased, suggesting potential business growth. However, the current ratio has increased, indicating strengthening liquidity and potential challenges in meeting short-term obligations.
Aesthetik Engineers IPO Financial Analysis
Particular | As of 31 March 2022 | As of 31 March 2023 | As of 31 March 2024 |
Revenue (₹ in thousands) | 2,57,391.17 | 4,00,097.64 | 6,07,203.05 |
Equity (₹ in thousands) | 88,683.09 | 99,941.80 | 1,50,240.77 |
Expenses (₹ in thousands) | 2,52,413.87 | 3,88,514.15 | 5,42,570.61 |
Profit and Loss After Tax (₹ in thousands) | (4,512.46) | 11,258.71 | 50,298.96 |
Diluted EPS only (₹) | (5.35) | 13.34 | 3.97 |
Return on Net Worth (%) | (5.30) | 11.68 | 33.48 |
NAV per Equity Share (₹) | 100.87 | 114.21 | 11.87 |
Total Assets (in thousands) | 2,29,132.32 | 2,45,776.90 | 3,08,894.20 |
Total Liabilities (in thousands) | 1,40,449.22 | 1,45,835.09 | 1,58,653.43 |
Current Ratio (in times) | 1.24 | 1.09 | 1.97 |
Aesthetik Engineers Limited IPO Peer Comparison
Aesthetik Engineers Limited has substantial profit and earnings per share and a high return on net worth. In contrast, Innovators Facade System Limited shows higher revenue and assets but lower profitability and earnings per share.
Company | PAT (₹ in thousands) | Face Value per Equity Share (₹) | P/E Ratio | EPS (Basic & Diluted) (₹) | RoNW (%) | NAV per Equity Share (₹ in thousands) |
Aesthetik Engineers Limited | 50,298.96 | 10 | – | 3.97 | 40.21 | 11.87 |
Innovators Facade System Limited | 1,51,658.00 | 10 | 28.00 | 8.04 | 1.19 | 67.36 |
Aesthetik Engineers Ltd IPO Objective
The main objective of Aesthetik Engineers Limited is to meet the company’s capital expenditure and working capital requirements.
- Capital Expenditure: The company intends to utilize INR 11.12 crores for capital expenditures, with INR 8 crores from net proceeds and INR 3.12 crores internally. This includes expanding the manufacturing facility (6.61 crores), solar installation (0.63 crores), and machinery purchases (3.88 crores).
- Working Capital Requirements: The company plans to utilize INR 15 crores for working capital to support growth and strategic purposes. Projections for future requirements are based on management estimates and assumptions about financial performance and business conditions.
- General Corporate Purpose: The company will balance funds towards general corporate purposes, including strategic initiatives, strengthening marketing networks and capabilities, meeting difficulties, and brand-building exercises to enhance operations.
Aesthetik Engineers IPO Risks And Challenges
Aesthetik Engineers Limited’s risks include ongoing legal proceedings that could lead to liabilities, failure to secure essential certifications that impact quality and safety, and seasonal disruptions from the monsoon that affect operations, expenses, and financial performance.
- Legal proceedings and claims related to civil matters are ongoing for their company. Adverse outcomes could lead to liabilities or penalties, negatively impacting their business operations, financial performance, and overall results.
- Specific tests and certifications, including air leakage, wind pressure, and static water penetration tests, are essential for their operations to meet quality and safety standards. Failure to secure these could adversely affect their business and results.
- Seasonal factors, especially the monsoon season in Q2, can disrupt operations, delay projects, increase expenses, and cause material delivery issues. These fluctuations may adversely affect their liquidity, business performance, financial condition, and results.
Aesthetik Engineers Ltd IPO – Industry & Market Potential
The global facade market, valued at $273.2 billion in 2023, is projected to grow to $499.4 billion by 2032, with a 6.93% CAGR. Key drivers include urbanization, sustainability, regulations, and technological advancements.
The aluminum windows and doors market, valued at $66.96 billion in 2023, is expected to grow to $112.90 billion by 2032, with a 6.2% CAGR driven by eco-friendly trends and construction growth despite high costs.
The Interim Budget 2024-25 increases infrastructure investment by 11.1% to $133.86 billion, with railways receiving a 5.8% boost. India’s logistics market will grow at 8.8% CAGR, and its metro network is expanding rapidly.
Aesthetik Engineers Limited IPO – Type of Offer
Aesthetik Engineers Limited is launching an IPO with a fresh issue of 45,64,000 shares worth INR 26.47 crores. The company aims to meet capital expenditure, working capital requirements, and general corporate purposes.
Aesthetik Engineers IPO Offer Size
The offer size of Aesthetik Engineers Limited is INR 26.47 crores, consisting of a fresh issue of 45,64,000 shares. The company seeks funds for capital expenditure, working capital requirements, and general corporate purposes.
Aesthetik Engineers Limited IPO Allotment Structure
Aesthetik Engineers Limited’s allocation will be as follows: 50% for Qualified Institutional Buyers (QIB), 15% for Non-Institutional Investors (NII), and 35% for Retail Individual Investors (RII) according to SEBI regulations. 232,000 shares are reserved for market makers.
● Qualified Institutional Buyers (QIB): As per SEBI regulations, 50% of the shares offered through the IPO will be reserved for Qualified Institutional Buyers. These include entities such as banks, mutual funds, and insurance companies.
● Non-Institutional Investors (NII): 15% of the shares will be reserved for Non-Institutional Investors. These typically include corporate bodies or individuals investing more than Rs.2 lakhs.
● Retail Individual Investors (RII): The remaining 35% of the shares will be allotted to Retail Individual Investors. These individual investors apply for shares with a total value of less than Rs.2 lakhs.
● Market Maker Reservation: A portion of shares, i.e. 232,000 shares, are reserved for marker makers.
How to apply for the Aesthetik Engineers IPO?
To apply for the Aesthetik Engineers Limited IPO through Alice Blue, you would typically follow these steps:
Open a Demat and Trading Account: If you don’t have one already, you must open a Demat and trading account with Alice Blue.
- Check for IPO Details: Once your account is active, you can check for the Aesthetik Engineers Limited IPO details in the IPO section of the Alice Blue platform.
- Place the Bid: Enter the number of shares you wish to buy and place your bid within the IPO’s price band.
- Submit the Application: Confirm all your details and submit your application.
You can apply for the Aesthetik Engineers Limited IPO at Alice Blue in just a few clicks!
Check Allotment Status: After the allotment process, you can check the allotment status to see if you have received any shares.
Please note that the allotment of shares is not guaranteed and will depend on the demand for the IPO.
How do you check Aesthetik Engineers IPO Allotment Status?
Checking the allotment status of an IPO in Alice Blue is usually straightforward. Please follow these general steps:
- Log in to your Alice Blue Account: You can do this through the Alice Blue website or their trading app.
- Navigate to the Portfolio or IPO Section: This might differ based on the layout of Alice Blue’s platform, but generally, you can find the status of your IPO application under the ‘Portfolio’ or ‘IPO’ section.
- Find the IPO Allotment Status: Look for a sub-section called ‘IPO Allotment Status’ or something similar. This is where you can see the status of the IPOs you have applied for.
- Select the Aesthetik Engineers Limited IPO: If you have applied for multiple IPOs, there might be a dropdown menu or a list where you can select the IPO you are interested in. Select the Aesthetik Engineers Limited IPO.
- Check the Status: The status of your application should be displayed here. If the shares have been allocated to you, it would be mentioned here.
If you face any issues, it’s recommended that you contact Alice Blue’s customer support for detailed assistance.
Apart from Alice Blue, there are other ways to check the allotment status of the Aesthetik Engineers Limited IPO:
● Registrar’s Website: Visit the website of Skyline Financial Services Private Limited, the registrar of the Aesthetik Engineers Limited IPO. On the homepage, look for the ‘IPO Allotment Status’ option. You must enter your PAN, application, or Demat account number to check your allotment status. Click on the ‘Submit’ button to view your IPO allotment status.
● NSE SME: You can also check the allotment status on the official websites of the National Stock Exchange (NSE) Small Medium Exchange (SME). You would need your application number and PAN to check the status.
Please note that the allotment status will only be available after completing the allotment process, a few days after the IPO window closes.
Aesthetik Engineers Ltd IPO Offer Registrar
The registrar for the Aesthetik Engineers Limited IPO is Skyline Financial Services Private Limited. They are responsible for ensuring the IPO allotment and refund processes are carried out smoothly.
Contact information for the registrar:
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
Address: D-153 A, 1st Floor,
Okhla Industrial Area, Phase – I,
New Delhi-110020
Telephone: +91-11-40450193-97,
Email: [email protected]
Website: www.skylinerta.com
Aesthetik Engineers IPO – FAQs
The allotment date of the Aesthetik Engineers Limited IPO is August 13, 2024.
The price band of the issue is INR 55-58 per share.
The offer size of Aesthetik Engineers Limited is INR 26.47 crores, consisting of a fresh issue of 45,64,000 shares. The company seeks funds for capital expenditure, working capital requirements, and general corporate purposes.
The listing date of Aesthetik Engineers Limited’s IPO is August 16, 2024.