Aesthetik Engineers IPO Review

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.

Mr. Avinash Agarwal is the Promoter & Managing Director of the Company, who started his journey in the year 2003 with a partnership firm, in the name of “M/s Aesthetik”. He has an experience of more than two decades in the facade industry.

Financially, Aesthetik Engineers revenue increased from ₹4,03,582.31 Thousands in FY23 to ₹6,07,949.78 Thousands in FY24. But, EBITDA jumped from ₹20,458.27 Thousands in FY23 to ₹77,081.50 Thousands in in FY24. The PAT also jumped from ₹11,258.71 Thousands in FY23 to ₹50,298.96 Thousands in FY24. This indicates a steady financial performance.

For the Aesthetik Engineers IPO, the company is issuing shares at a pre-issue EPS of ₹3.97 and a post-issue EPS of ₹2.92. The pre-issue P/E ratio is 14.60x, while the post-issue P/E ratio is 19.86x against the industry P/E ratio of 26x. The company's ROCE for FY24 is 33.48% and ROE for FY24 is 37.32%. These metrics suggest that the IPO is fairly priced.

The Grey Market Premium (GMP) of Aesthetik Engineers indicates potential listing gains of 60% to 65%. Given the company's financial performance and the valuation of the IPO, we recommend Investors to Apply in Aesthetik Engineers IPO for Listing gain purposes or Long Term Investment Purposes.