Aesthetik Engineers Limited will launch an Initial Public Offering (IPO) to raise Rs 26.47 crores. The company specialises in the design, engineering, fabrication, and installation of façade systems.
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Aesthetik Engineers Limited IPO
The company has an impressive portfolio that includes building facades, aluminium doors, windows, railings, staircases and Glassfibre Reinforced Concrete (GRC) products. Aesthetik Engineers has carved itself a position in the market by focussing on providing high-quality, aesthetically beautiful solutions.
Key Details of the IPO:
- Issue Type: Book Built Issue
- Issue Size: Rs 26.47 crores
- Price Band: Rs 55 to Rs 58 per share
- Market Lot: 2000 shares
- Issue Open Date: August 8, 2024
- Issue Close Date: August 12, 2024
- Expected Listing Date: August 16, 2024 (NSE SME)
Why Invest in Aesthetik Engineers IPO?
- Strong Market Presence: The company’s established position in the facade systems market can be a growth driver.
- Diverse Product Portfolio: A wide range of products can contribute to revenue stability.
- Growth Potential: The increasing demand for modern and aesthetically appealing buildings can benefit the company.
Risks Involved:
- Competition: The facade systems market is competitive, which could impact profitability.
- Economic Conditions: Economic downturns can affect the construction industry and, consequently, the company’s performance.
- Execution Risks: Successful execution of projects and maintaining project timelines are crucial factors.
Disclaimer: This material is based on publicly available data and should not be considered financial advice. Before making any investment decision, you should undertake thorough research or talk with a financial professional.
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