Aesthetik Engineers IPO Allotment Status: Finalization Expected Today After Record-Breaking Subscription

The allotment status for Aesthetik Engineers’ IPO is anticipated to be finalized today, Tuesday, August 13, following a highly successful subscription period. The IPO, which closed on Monday, August 12, received an overwhelming response from investors, being subscribed 705.33 times across all categories. In total, over 214.13 crore shares were bid for, compared to the 30.36 lakh shares that were offered.

The non-institutional investor (NII) category was the main driver behind this significant demand, with subscriptions reaching an impressive 1,934.31 times. Other investor categories also saw strong interest, with the retail category being subscribed 461.58 times and the Qualified Institutional Buyers (QIB) category being subscribed 207.3 times.

Aesthetik Engineers had set a fixed price range for the public issue, between ₹55 and ₹58 per equity share.

For investors who did not receive shares, refunds will be processed shortly. Successful bidders can expect the shares of Aesthetik Engineers Ltd to be credited to their demat accounts on Wednesday, August 14. The tentative date for the listing of Aesthetik Engineers’ IPO is set for Friday, August 16.

Before the listing, investors have the option to check the share allotment status of Aesthetik Engineers’ IPO. This can be done on the official websites of the NSE or through the registrar, Skyline Financial Services Private Ltd.