Aimtron Electronics IPO Details ( Aimtron Electronics Limited IPO Review )
(30 May 2024 – 3 June 2024)
Founded in April 2011, Aimtron Electricals Limited specializes in electronics system design and manufacturing (ESDM) services, focusing on high-precision engineering products.
We provide PCB design, assembly, and complete electronic system manufacturing for both local and international clients in India, the USA, Hong Kong, the UK, Spain, and Mexico.
Our main solutions include:
- Printed circuit board assembly (PCBA)
- Box build assemblies and battery management systems for electric vehicles
- Comprehensive design solutions, from conceptualization to engineering, prototyping, and full-scale production
We operate two manufacturing facilities located in Vadodara, Gujarat, and Bengaluru, Karnataka.
As of September 30, 2023, our workforce consists of 131 employees, including 28 engineers dedicated to improving operational efficiency.
We are certified with ISO 13485:2016 for Quality Management Systems in medical devices, ISO 14001:2015 for Environmental Management Systems, and EN ISO 9001:2015 for Management Systems in high-tech electronic assemblies.
Aimtron Electronics Limited IPO Competitive Strength
- “One Stop Shop” for electronics system design and manufacturing (“ESDM”) services
- Myriad of product portfolio having applications across industry verticals
- Engineering expertise with complex product manufacturing capabilities
- Long term and well-established relationships with customers
- Strong supply chain and sourcing network
- Quality Assurance
- Experienced and Qualified Management and Employee base
Aimtron Electronics IPO Financials Performance ( Results )
Aimtron Electronics Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | Net Worth | Reserves | Borrowing |
| 31-Mar-21 | 3,630.38 | 5,406.18 | 1,571.72 | 2,144.26 | 2,075.83 | 262.54 |
| 31-Mar-22 | 5,904.04 | 2,689.41 | -180.15 | 2,038.96 | 1,969.17 | 848.98 |
| 31-Mar-23 | 8,740.02 | 7,239.98 | 863.19 | 3,123.26 | 2,832.36 | 2,023.61 |
| 30-Sep-23 | 8,992.72 | 4,388.10 | 710.37 | 3,833.64 | 3,542.74 | 1,907.89 |
Objective of Aimtron Electronics IPO 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 Basic Details
| IPO Date | May 30, 2024 to June 3, 2024 |
| Listing Date | Thursday, June 6, 2024 |
| Face Value | ₹10 per share |
| Price | ₹153 to ₹161 per share |
| Lot Size | 800 Shares |
| Issue Size | 5,404,800 shares of ₹10 (aggregating up to ₹87.02 Cr) |
| Fresh Issue | 5,404,800 shares of ₹10 (aggregating up to ₹87.02 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 14,545,025 |
| Share holding post issue | 19,949,825 |
| Company Promoters | Mukesh Jeram Vasani, Nirmal M Vasani and Sharmilaben Lakhanbhai Bambhaniya |
Aimtron Electronics IPO Reservation
| QIB Shares Offered | 50% of the Net Issue |
| NII (HNI) Shares Offered | 15% of the Net Issue |
| Retail Shares Offered | 35% of the Net Issue |
Aimtron IPO Timetable
Aimtron IPO will open on May 30, 2024 and close on June 3, 2024. You can join Aimtron IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 30 May 2024 (Thursday) |
| Closing Date | 3 June 2024 (Monday) |
| Basis of Allotment | 4 June 2024 (Tuesday) |
| Initiation of Refunds | 5 June 2024 (Wednesday) |
| Credit of Shares to Demat | 5 June 2024 (Wednesday) |
| Listing Date | 6 June 2024 (Thursday) |
| Deadline for UPI mandate confirmation | 5 PM on 3 June 2024 |
Aimtron Electronics IPO Lot Size
For retail investors in Aimtron Electronics IPO, 800 shares will come in 1 lot or the minimum investment will be ₹128,800. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹128,800.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 800 | ₹128,800 |
| Retail (Max) | 1 | 800 | ₹128,800 |
| S-HNI (Min) | 2 | 1600 | ₹257,600 |
Aimtron Electronics IPO Promoter Holding
The company’s promoters include Mukesh Jeram Vasani, Nirmal M Vasani and Sharmilaben Lakhanbhai Bambhaniya.
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding |
Aimtron Electronics Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 321.19 |
| Earning Per Share (EPS) | ₹10.67 per Equity Share |
| Net Asset Value (NAV) | ₹38.60 per Equity Share |
| P/E Ratio (P/E) (x) | 22.61 |
| Post P/E Ratio (P/E) (x) | 27.13 |
| Return on Net Worth (RoNW) (%) | 23.82 |
| Return on equity (ROE) (%) | 27.04 |
| Return on Capital Employed (ROCE) (%) | 23.85 |
| Price/Book Value Ratio | 1.14 |
Aimtron Electronics IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹40 | – | – |
| 26 May 2024 | ₹40 | – | – |
Aimtron Electronics IPO Detail Video:
Aimtron Electronics IPO Subscription Status (Bidding Detail)
The Aimtron Electronics IPO on June 3, 2024 at 7:02:00 PM was subscribed 99.24 times, with the retail category being subscribed 71.62 times, the NII (Non-Institutional Investor) category being subscribed 202.74 times, QIB (Qualified-Institutional Buyers) category being subscribed 69.93 times.
| Category | Subscription |
| QIB | 69.93x |
| NII | 202.74x |
| Retail | 71.62x |
| Total | 99.24x |
Aimtron Electronics IPO Prospectus
| Aimtron Electronics IPO DRHP | Download |
| Aimtron Electronics IPO RHP | Download |
| Aimtron Electronics IPO Anchor Investors Details PDF | Download |
Aimtron Electronics IPO Rating
| Our Rating | 3.5/5.0 |
Aimtron Electronics Company Contact Information
Aimtron Electronics Limited
Registered Office: Plot No 1/A, G.I.D.C.Estate, Vadodara, Waghodia, Gujarat, India, 391760.
Contact Person: Priyanka Shah, Company Secretary & Compliance Officer
Tel No: +91-9687632057
E-mail: cs@aimtron.com
Website: www.aimtron.in
Promoters of our Company: Mukesh Jeram Vasani and Nirmal M. Vasani
Aimtron Electronics IPO Registrar
Link Intime India Private Limited
Address: C-101, 247 Park, L. B. S. Marg, Vikhroli (West), Mumbai – 400 083
Tel. No.: +91 810 811 4949
Fax No.: +91 22 49186195
Email: aimtron.ipo@linkintime.co.in
Website: www.linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI Registration No.: INR000004058
Aimtron Electronics IPO Lead Manager
Hem Securities Limited
Address: 904, A Wing, Naman Midtown, Senapati Bapat Marg, Elphinstone Road, Lower Parel, Mumbai-400013, India
Tel. No.: +91- 022- 49060000; Fax No.: +91- 022- 22625991
Email: ib@hemsecurities.com
Investor Grievance Email: redressal@hemsecurities.com
Website: www.hemsecurities.com
Contact Person: Roshni Lahoti
SEBI Regn. No. INM000010981
Aimtron Electronics IPO FAQs
What is the lot size of Aimtron Electronics IPO?
The total size of Aimtron Electronics IPO is ₹87.02 crores and this is a complete fresh Issue.
When will Aimtron Electronics IPO start?
Aimtron Electronics IPO will open from 30 May 2024 and IPO will close on 3 June 2024.
What is the open date of Aimtron Electronics IPO?
Aimtron Electronics IPO will open date from 30 May 2024.
What is the last date ( close date ) of Aimtron Electronics IPO?
Aimtron Electronics IPO will close from 3 June 2024.
What is the price band of Aimtron Electronics IPO?
Aimtron Electronics IPO price band is ₹153 to ₹161. ( Upper Price Band: ₹161, Lower Price Band: ₹153 )
What is the minimum amount required to apply for Aimtron Electronics IPO?
The minimum investment for retailers to apply for Aimtron Electronics IPO is ₹128,800 and the maximum investment is ₹128,800.
What is going on gray market premium of Aimtron Electronics IPO?
View gray market premium of Aimtron Electronics IPO by Clicking Here
How much is the GMP of Aimtron Electronics IPO?
Watch Aimtron Electronics IPO GMP Today: Click Here
What is the allotment date of Aimtron Electronics IPO?
The allotment date of Aimtron Electronics IPO is 4 June 2024.
How to check allotment status in Aimtron Electronics IPO?
To check the allotment status of Aimtron Electronics IPO, first of all go to the registrar website by clicking here, select your bad Aimtron Electronics IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Aimtron Electronics IPO?
The listing date of Aimtron Electronics IPO is 6 June 2024.
How much will be the listing gain in Aimtron Electronics IPO?
View listing gain of Aimtron Electronics IPO by Clicking Here
How much time Aimtron Electronics IPO is subscribed?
Total 99.24 times subscribed in Aimtron Electronics IPO out of which 71.62 times subscription was done in retail quota, 202.74 times subscription in NII quota and 69.93 times subscription in QIB quota.
How to apply for Aimtron Electronics IPO from Upstox?
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How to apply for Aimtron Electronics PO from Zerodha?
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How to apply for Aimtron Electronics IPO from Angle One?
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