Aimtron Electronics IPO: Important Things to Know Before Investing

Aimtron Electronics IPO is open for subscription starting Thursday, May 30, 2024, and closing on Monday, June 3, 2024. The price band of this upcoming IPO is decided at Rs 153 to Rs 161 per share. The minimum lot size set for the retail category is 800 shares. Meanwhile, the minimum lot size for the HNI category is 2 lots consisting of 1600 shares. The minimum investment required for retail category investors is Rs 1,28,800 (161 x 800 shares). However, for the HNI category, the minimum investment amount required is Rs 2,57,600 (161 x 1600 shares). Aimtron Electronics IPO is a book-built issue of Rs 87.02 crores. This upcoming IPO is an entirely fresh issue of 54.05 lakh equity shares. The allotment for this new IPO is expected to be finalised on Tuesday, June 4, 2024. Aimtron Electronics IPO will be listed on NSE SME, and the listing date is fixed on Thursday, June 6, 2024. The book-running lead manager of Aimtron Electronics IPO is Hem Securities Limited. The registrar for this IPO is Link Intime India Private Limited.

About Aimtron Electronics Limited

Aimtron Electronics was founded in 2011 and engaged in providing products and solutions for electronics system design and manufacturing. It focuses on high-value precision engineering products. Aimtron Electronics offers PCB design, assembly and complete electronic system manufacturing for domestic and global manufacturers in India, USA, Hong Kong, UK, Spain, Mexico. The company offers tailored solutions for customer needs, encompassing automated micro-electronics assembly and precision component integration. Their solutions involve their client providing the design for the product for which they provide manufacturing services or in some cases require us to design the relevant product based on the specifications provided by the client including manufacturing of the product. Their solutions comprise Printed circuit board assembly and any box build assemblies in addition to finding its application in battery management systems used in electric vehicles, design solutions offering end-to-end services right from conceptualising the design, engineering, product prototype development, and manufacturing of turnkey requirements for their customers. The company has two manufacturing facilities - Vadodara - Gujarat and Bengaluru, Karnataka. 

Objectives of Aimtron Electronics Limited

The net funds received from this initial public offer will be used to repay certain outstanding borrowings, fund capital expenditures toward installing plants and machinery, meet day-to-day capital requirements, and fulfill general corporate purposes. 

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Financials of Aimtron Electronics Limited (Amt in Rs Lakhs)

Aimtron Electronics posted a revenue of Rs 4,388.10 lakhs and net profit of 710.37 lakhs for the period ending on 31 Sep 2023. Previously, by the end of 31 March 2023, the company reported a revenue of Rs 7,239.98 lakhs and PAT of Rs 863.19 lakhs. The revenue increased by 169.2% and PAT increased by 579.15% between the FY ending 31 March 2023 and 31 March 2022.

Other Important Details of Aimtron Electronics IPO

Time-Table of Aimtron Electronics IPO

Lot Size of Aimtron Electronics IPO

IPO Reservation of Aimtron Electronics Limited

EPS and P/E Ratio Post IPO 

The market capitalization of Aimtron Electronics is Rs 321.19crore.

Promoters of Aimtron Electronics Limited and Their Holdings

The promoters of Aimtron Electronics company are Mukesh Jeram Vasani, Nirmal M Vasani and Sharmilaben Lakhanbhai Bambhaniya.

Lead Manager(s) of Aimtron Electronics IPO

The lead manager for Aimtron Electronics IPO is Hem Securities Limited.

How do you apply for the Aimtron Electronics IPO?

Wait for the public issue to open for subscription, then click here to apply for the Aimtron Electronics Limited IPO with Bigul.

How do you check the allotment status of Aimtron Electronics IPO?

The registrar for Aimtron Electronics IPO is Link Intime India Private Limited. To check your allotment status, please click here.

FAQs

1. What are the details of the Aimtron Electronics IPO?
   

Aimtron Electronics IPO is a book-built issue of Rs 87.02 crores. This upcoming IPO is an entirely fresh issue of 54.05 lakh equity shares. The allotment for this new IPO is expected to be finalised on Tuesday, June 4, 2024. 

2. Who are the lead managers for the Aimtron Electronics Limited IPO?
   

Hem Securities Limited is appointed as the lead manager for the IPO.

3. What is the role of Bigshare Services Private Limited in this IPO?
   

Link Intime India Private Limited is the registrar for Aimtron Electronics Limited, handling the IPO's administrative aspects.

4. How can I apply for the Aimtron Electronics IPO?
   

The public subscription of this new IPO will open on May 30, 2024. Click here to initiate the application process.

5. How will the net proceeds from the IPO be utilised?
   

The net funds received from this initial public offer will be used for the repayment of certain outstanding borrowings. Additionally, to fund the capital expenditure toward the installation of plants and machinery. Other than this funds will be used for the meeting day-to-day capital requirements. General corporate purposes will also be fulfilled.

6. How can I check the allotment status of the IPO?
   

Investors who applied can check the allotment status of the Aimtron Electronics Limited IPO by visiting here. For further updates follow Bigul. 

7. What is the financial performance of Aimtron Electronics Limited?
   

Aimtron Electronics posted a revenue of Rs 4,388.10 lakhs and net profit of 710.37 lakhs for the period ending on 31 Sep 2023. Previously, by the end of 31 March 2023, the company reported a revenue of Rs 7,239.98 lakhs and PAT of Rs 863.19 lakhs.

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