What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the estimated listing price for Aesthetik Engineers Limited IPO?

Based on the upper price band of ₹58 and current GMP of ₹45, the estimated listing price is ₹103 (approx. 77.6% gain).

What is the expected profit per lot for Aesthetik Engineers Limited IPO?

With a lot size of 2000 shares and current GMP of ₹45, expected profit per retail application lot is approximately ₹90,000.

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Grey Market Intelligence

Aesthetik Engineers Limited

ListedSME

Capital Goods / Industrials · NSE

Aesthetik Engineers Limited, founded in 2003, specializes in interior design and façade systems, offering end-to-end solutions from design and engineering to fabrication and installation. The company provides architectural façades, aluminum doors and windows, railings, stairs, and GFRC for hospitality, residential, commercial, and infrastructure projects. Its product range includes curtain walls, spider glazing, cladding, louvers, skylights, and domes. With a 3,000 sq. meter production facility in Howrah, Kolkata, Aesthetik Engineers employs 52 permanent staff members as of June 2024, delivering high-quality design and installation services.

Price Band

₹55 – ₹58

Issue Size

₹26.47 Cr

Lot Size

2000 shares

GMP

₹45

+77.6%

Est. Listing

₹103

at current GMP

Subscribed

713.95x

overall

Open

8 Aug 2024

12 Aug 2024

Allotment

13 Aug 2024

Refund

14 Aug 2024

Demat Credit

15 Aug 2024

Listing

16 Aug 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Aesthetik Engineers Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹45+77.6%

Issue Price (Upper)

₹58

Band: ₹55 – ₹58

Estimated Listing Price

₹103

Upper price + GMP

Lot Size

2000 shares

Min investment ₹1,16,000

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹45	77.6%	₹103
30 Oct 2026	+₹45	77.6%	₹103
29 Oct 2026	+₹41	69.8%	₹99

About Aesthetik Engineers Limited Public Issue & Market Profile

Aesthetik Engineers Limited is bringing an initial public offering (IPO) in the Capital Goods / Industrials sector with an aggregate issue size of ₹26.47 Crores. The shares are offered at a price band of ₹55 to ₹58 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Pricing Context:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,16,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Basis of Allotment & Listing Timeline:

Allotment reconciliation will be managed by Skyline Financial Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-08-15, while un-allotted funds or UPI block mandates will be released on 2024-08-14.

Frequently Asked Questions

What is Aesthetik Engineers Limited IPO GMP today?

The latest grey market premium for Aesthetik Engineers Limited IPO is ₹45, which indicates an expected listing price of ₹103.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.