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Aimtron Electronics Limited

SME

Issue Price

₹153- ₹161

per equity share

Issue Size

38.69 lakhs

equity share

Face Value

₹ 10

per equity share

Market Lot

800

equity share

Please note

Listing at NSE

Aimtron Electronics Limited

Important Dates

IPO Open Date

30 May 2024

IPO Close Date

03 Jun 2024

Allotment Date

04 Jun 2024

Initiation of Refunds

05 Jun 2024

Credit of Shares to Demat Account

05 Jun 2024

IPO Listing Date

06 Jun 2024

UPI Mandate Expiry Date

03 Jun 2024

IPO Details

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.

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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. 

Parent Organisation

-

Founded

2011

Managing Director

Mukesh Jeram Vasani

IPO Objectives

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. 

How to apply for IPO

  • Login to your Bigul account and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a mandate notification to block funds in your UPI app
  • Approve the mandate request on your UPI and funds will be blocked
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