Aimtron Electronics IPO

Aimtron Electronics IPO will open for subscription from 30 May 2024. The company aims for an issue size of ₹87.02 Cr through this IPO.

Company Overview

Full nameAimtron Electronics Limited
IndustryElectronics – Components
Company Website

About Company

Aimtron Electronics specializes in providing products and solutions for electronics system design and manufacturing (ESDM) services, focusing on high-value precision engineering products. The company offers a comprehensive range of services, from printed circuit board (PCB) design and assembly to manufacturing complete electronic systems (Box Build). They serve domestic and global manufacturers in India, the United States, Hong Kong, the United Kingdom, Spain, and Mexico.

The company offers a diverse array of products and services spanning multiple industry sectors. These ESDM products and services are vital for industrial automation, electric vehicle mobility, IoT and embedded systems, medical technology and wearables, gaming, robotics, and more. The end-user industries they cater to include the industrial sector, medical and healthcare equipment, automobiles, power, gaming, drones, and UAVs (unmanned aerial vehicles).

Aimtron Electronics operates through two manufacturing facilities, one located in Vadodara, Gujarat, and the other in Bengaluru, Karnataka. As of 31 December 2023, the company has approximately 132 employees across various levels of the organization.

The Objectives of the Issue

  • Repayment in whole or in part, of certain of the outstanding borrowings;
  • Funding Capital Expenditure towards the installation of additional plant and machinery
  • Funding to meet working capital requirements
  • General Corporate Purpose.

Aimtron Electronics IPO Timetable

IPO Opening date30 May 2024
IPO Closing03 June 2024
Basis of Allotment04 June 2024
Initiation Refund05 June 2024
Credit to Demat Account05 June 2024
Listing Date06 June 2024
(Cut-off time for UPI mandate confirmation – 5 PM on June 3, 2024)

Aimtron Electronics IPO details

Issue typeBook Built Issue IPO
IPO issue size₹87.02 Cr – 5,404,800 shares
Fresh Issue₹87.02 Cr – 5,404,800 shares
Offer for saleNil
Face value₹10 per share
Price Band ₹153 to ₹161 per share
Lot size800 Shares
Market Maker portion281,600 shares
Shareholding pre-issue14,545,025
Shareholding post-issue19,949,825
Listing ExchangeNSE SME

Aimtron Electronics IPO Lot Size

Retail (Min)1800₹128,800
Retail (Max)1800₹128,800
HNI (Min)21,600₹257,600

Aimtron Electronics IPO Documents

Aimtron Electronics IPO Reservation Details

Investor CategoryShares Offered
Anchor Investor Shares Offered1,536,000 (28.42%)
Market Maker Shares Offered281,600 (5.21%)
QIB Shares Offered1,024,800 (18.96%)
NII (HNI) Shares Offered768,800 (14.22%)
Retail Shares Offered1,793,600 (33.19%)
Total Shares Offered5,404,800 (100%)

Aimtron Electronics Financial Performance

 FY 2021FY 2022FY 20239M FY 2024
Net income15.72(1.80)8.639.77
(Amount in ₹ Crores)

Aimtron Electronics Valuations & Margins

FY 2021FY 2022FY 2023
PE ratio14.34 – 15.09
RONW (%)73.30(8.84)27.64
ROCE (%)87.29(5.55)25.33
EBITDA (%)38.66(2.69)23.04

Company Promoters

  • Mukesh Jeram Vasani
  • Nirmal M Vasani
  • Sharmilaben Lakhanbhai Bambhaniya.

Promoter Holding

Pre Issue Share Holding96.69%
Post Issue Share Holding71.29%

Aimtron Electronics Offer GMP Update

DateConsolidated IPO GMPKostakSubject to Sauda
5 June 20243522,000
4 June 20246038,000
3 June 20246741,500
31 May 20245837,000
30 May 20245532,000
29 May 20245330,000
28 May 20245030,000
27 May 20243017,500

Aimtron Electronics IPO Subscription Update

Shares Offered10,24,8007,68,80017,93,60035,87,200
3 Jun 202469.93203.0971.5199.26
31 May 20241.974.637.875.49
30 May 20241.951.432.822.27
(The market maker reservation portion of 2,81,600 shares is not included)

Aimtron Electronics IPO Allotment Status

Aimtron Electronics IPO allotment status will be available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.

Aimtron Electronics IPO Listing Details

Listing Date06 June 2024
BSE Scrip Code
Final Issue Price₹161 per share

Aimtron Electronics IPO Listing Day Update

Listing ExchangeNSE SME
Final Issue Price₹161.00
Last Trade₹253.05

Aimtron Electronics Offer Lead Manager(s)

904, A Wing, Naman Midtown, Senapati Bapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013
Phone: +91- 022- 49060000

Aimtron Electronics Registrar

C-101, 247 Park, L. B. S. Marg, Vikhroli
(West), Mumbai – 400 083
Telephone: +91 810 811 4949

Aimtron Electronics Contact Details

Plot No 1/A, G.I.D.C.Estate, Vadodara,
Waghodia, Gujarat, India, 391760
Phone: +91-9687632057

Aimtron Electronics IPO FAQs

What is the Aimtron Electronics offer size?

Aimtron Electronics offer size is ₹ 76.57 – 87.02 crores.

What is the Aimtron Electronics offer price band?

Aimtron Electronics public offer price is ₹ 153 – 161 per share.

What is the lot size of the Aimtron Electronics Offer?

Aimtron Electronics offer a lot size is 800 shares.

What is Aimtron Electronics Offer GMP today?

Aimtron Electronics IPO GMP today is ₹ 35 per share.

What is the Aimtron Electronics kostak rate today?

Aimtron Electronics kostak rate today is ₹ NA per application.

What is Aimtron Electronics Subject to the Sauda rate today?

Aimtron Electronics is Subject to the Sauda rate today is ₹ 22,000 per application.

Final thoughts

Aimtron Electronics IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. Study the company well and subscribe if you feel good about it. I hope this post will give you enough details to research the company fundamentally. learn well and make wise decisions.

Happy Investing

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