Aesthetik Engineers Limited is launching its Initial Public Offering (IPO) today, August 8, 2024. The company is offering 45,64,000 shares with a price range of ₹55 to ₹58 per share.
Aesthetik Engineers IPO Details
- IPO Open Date: August 8, 2024
- IPO Close Date: August 12, 2024
- Price Range: ₹55 to ₹58 per share
- Minimum Purchase: 2000 shares
- Listing Exchange: NSE SME
About Aesthetik Engineers Aesthetik Engineers specializes in designing, manufacturing, and installing building facades, doors, windows, and related products. The company caters to various sectors, including hospitality, residential, commercial, and infrastructure.
GMP, or Grey Market Premium, represents the difference between the IPO price and the anticipated market price of the shares once they are listed. It is a way to gauge investor sentiment and demand for the IPO. A high GMP typically indicates strong interest and expectations of a good performance in the secondary market. For Aesthetik Engineers, the GMP is currently ₹24. This suggests that the market anticipates the shares could be valued significantly higher than the upper end of the IPO price range once they start trading.
To participate in the Aesthetik Engineers IPO, interested investors can apply through their bank or stockbroker. It is important to ensure that you have sufficient funds in your account to cover the cost of the shares you wish to purchase. The application process usually involves filling out a form and specifying the number of shares you want to buy, along with providing necessary identification and payment details.
Before investing, make sure to do your research on Aesthetik Engineers Limited.
