Aesthetik Engineers IPO vs Solve Plastic Products IPO

Comparision between Aesthetik Engineers IPO and Solve Plastic Products IPO.

IPO Details

Aesthetik Engineers IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Solve Plastic Products IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Aesthetik Engineers IPO	Solve Plastic Products IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Narnolia Financial Services Ltd	Finshore Management Services Limited
Registrar	Skyline Financial Services Private Ltd	Integrated Registry Management Services Private Limited
Market Maker	Nikunj Stock Brokers Limited	Black Fox Financial Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Aesthetik Engineers IPO is up to ₹26.47 Cr whereas the issue size of the Solve Plastic Products IPO is up to ₹11.85 Cr. The final issue price of Aesthetik Engineers IPO is ₹58.00 per share and of Solve Plastic Products IPO is ₹91.00 per share.

	Aesthetik Engineers IPO	Solve Plastic Products IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹55.00 per share
Issue Price (Upper)	₹58.00 per share
Issue Price (Final)	₹58.00 per share	₹91.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	1200 shares
Fresh Issue Size	45,64,000 shares	13,02,000 shares
Fresh Issue Size (Amount)	up to ₹26.47 Cr	up to ₹11.85 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	45,64,000 shares	13,02,000 shares
Issue Size Total (Amount)	up to ₹26.47 Cr	up to ₹11.85 Cr

IPO Timetable

Aesthetik Engineers IPO opens on Aug 08, 2024, while Solve Plastic Products IPO opens on Aug 13, 2024. The closing date of Aesthetik Engineers IPO and Solve Plastic Products IPO is Aug 12, 2024, and Aug 16, 2024, respectively.

	Aesthetik Engineers IPO	Solve Plastic Products IPO
Anchor Bid Date	Aug 07, 2024
Issue Open	Aug 08, 2024	Aug 13, 2024
Issue Close	Aug 12, 2024	Aug 16, 2024
Basis Of Allotment (Tentative)	Aug 13, 2024	Aug 19, 2024
Initiation of Refunds (Tentative)	Aug 14, 2024	Aug 20, 2024
Credit of Share (Tentative)	Aug 14, 2024	Aug 20, 2024
Listing date (Tentative)	Aug 16, 2024	Aug 21, 2024
Anchor Lockin End date 1	Sep 12, 2024
Anchor Lockin End date 2	Nov 11, 2024

Financials

Aesthetik Engineers IPO P/E ratio is 14.59, as compared to Solve Plastic Products IPO P/E ratio of 23.2.

Aesthetik Engineers IPO

Solve Plastic Products IPO

Financial

Aesthetik Engineers Limited Financial Information (Restated Consolidated)

Aesthetik Engineers Limited's revenue increased by 50.64% and profit after tax (PAT) rose by 346.76% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023
Assets	3,088.94	2,457.77
Revenue	6,079.50	4,035.82
Profit After Tax	502.99	112.59
Net Worth	1,502.41	999.42
Total Borrowing	849.92	592.47
Amount in ₹ Lakhs

Solve Plastic Products Limited Financial Information (Restated)

Solve Plastic Products Limited's revenue decreased by -24% and profit after tax (PAT) rose by 18% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	2,211.53	1,874.27	1,822.99
Revenue	4,715.73	6,225.43	5,577.89
Profit After Tax	142.48	120.27	-40.71
Net Worth	438.79	192.56	72.29
Reserves and Surplus	132.16	-110.94	-231.21
Total Borrowing	1,136.42	1,053.42	1,030.43
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

90.22%

Promoter Shareholding (Post-Issue)

73.50%

63.33%

P/E Ratio

14.59

23.2

Market Cap

₹99.88 Cr.

₹39.75 Cr.

ROE

33.48%%

ROCE

37.32%%

Debt/Equity

0.57

2.83

EPS

₹3.97

₹3.92

RoNW

33.48%%

32.47%%

Shares Offered

In the Aesthetik Engineers IPO retail investors (RII) are offered 15,18,000 shares while in Solve Plastic Products IPO retail investors are offered 15,18,000 shares. Qualified institutional buyers (QIB) are offered 8,66,000 shares in Aesthetik Engineers IPO and 0 shares in Solve Plastic Products IPO.

	Aesthetik Engineers IPO	Solve Plastic Products IPO
Anchor Investor Reserveration	12,96,000 shares
Market Maker Reserveration	2,32,000 shares	66,000 shares
QIB	8,66,000 shares	0 shares
NII	6,52,000 shares	6,18,000 shares
RII	15,18,000 shares	6,18,000 shares
Employee	0 shares	0 shares
Others
Total	30,36,000 shares	12,36,000 shares

Bids Received (Subscription)

Aesthetik Engineers IPO subscribed 705.26x in total, whereas Solve Plastic Products IPO subscribed 11.54x.

	Aesthetik Engineers IPO	Solve Plastic Products IPO
QIB (times)	207.31x
NII (times)	1,933.96x	3.56x
Big NII (times)
Small NII (times)
RII (times)	461.58x	19.52x
Employee (times)
Other (times)
Total (times)	705.26x	11.54x

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