Aesthetik Engineers Limited IPO GMP

Aesthetik Engineers Ltd., is passionate about transforming spaces through innovative glass solutions. As a leading provider of premium glass, window, and facade products, they bring together cutting-edge technology, craftsmanship, and creativity to deliver exceptional results for their clients.

Aesthethik Engineers, a Book Built Issue amounting to ₹26.47 crores, consisting entirely a Fresh Issue of 45.64 Lakh Shares. The subscription period for the Aesthetik Engineers IPO opens on August 08, 2024, and closes on August 12, 2024. The allotment is expected to be finalized on or about Tuesday, August 13, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Friday, August 16, 2024.

The Share price band of Aesthetik Engineers IPO is set at ₹55 to ₹58 equity per share, with a minimum lot size of 2,000 shares. Retail investors are required to invest a minimum of ₹116,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (4,000 shares), amounting to ₹232,000.

NARNOLIA FINANCIAL SERVICES LIMITED is the book-running lead manager, SKYLINE FINANCIAL SERVICES PRIVATE LIMITED is the registrar for the Issue. e Nikunj Stock Brokers Limited will act as Market Maker for the Aesthetik Engineers IPO.

Aesthetik Engineers Limited IPO GMP Today
The Grey Market Premium of Aesthetik Engineers Limited IPO is expected in the range of ₹35 to ₹37 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Aesthetik Engineers Limited IPO Allotment Status
Aesthetik Engineers IPO allotment date is 13 August, 2024, Tuesday. Aesthetik Engineers IPO Allotment will be out on 13th August 2024 and will be live on Registrar Website from the allotment date. Check Aesthetik Engineers Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Aesthetik Engineers Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Aesthetik Engineers Limited IPO
Aesthetik Engineers Issue Proceeds from the Fresh Issue will be utilized towards the following objects :
1. ₹800.00 Lakhs is required to meet out the Capital Expenditure Requirement of Company; 
2. ₹1,500.00 Lakhs is required 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.

Refer to Aesthetik Engineers Limited RHP for more details about the Company.