IPO Opens: Aesthetik Engineers Ltd.

Aesthetik Engineers Limited is one of the leading companies in the design, engineering, fabrication, and installation of facade systems, offering products such as building facades, aluminum doors and windows, railings, staircases, and Glassfibre reinforced concrete (GFRC). The company has announced its plan to go public with an Initial Public Offering on August 8, 2024, aiming to issue of 45,64,000 Equity Shares to be listed on the Emerge platform of NSE. The issue is 45,64,000 equity shares at a face value of ₹ 10 each.

• Issue Opens: August 8, 2024
• Issue Closes: August 12, 2024
• Face Value: Rs 10 each
• Price Band: Rs 55 to Rs 58 per share
• Lot Size: 2000 Shares

The net proceeds from the Issue are set to be utilized primarily for Capital Expenditure of the company, its Working Capital Requirement and General Corporate Purposes. The bidding for the Anchor portion will open on August 7, 2024, the issue will open for subscription on August 8, 2024 and closes on August 12, 2024. The Lead Manager to the Issue is Narnolia Financial Service Limited. The Registrar to the Issue is Skyline Financial services Private Limited.

Serving the hospitality, residential, commercial, and infrastructure sectors, they deliver comprehensive solutions from initial design to final installation. With over 20 Years of experience, they have completed significant projects in states including West Bengal, Bihar, Maharashtra, Assam, Odisha, and Gujarat. Their in-house capabilities in engineering, design, fabrication, and material development ensure continuous improvement and high standards of quality. Renowned for delivering cost-effective, superior solutions, AEL has collaborated with “Schueco India Private Limited” to supply structural glazing, aluminum windows, and doors for our Customer, secured through Kolkata One Execution Private Limited.