Aimtron Electricals Limited provides products and solutions for electronics system design and manufacturing (“ESDM”) services, with a focus on high-value precision engineering products.
The company offers PCB design, assembly, and complete electronic system manufacturing for domestic and global manufacturers in India, the USA, Hong Kong, the UK, Spain, and Mexico.
The company’s solutions primarily consist of:
- Printed circuit board assembly (“PCBA”),
- Any box build assemblies in addition to finding their application in battery management systems used in electrical vehicles,
- Design solutions offering end-to-end services right from conceptualizing the design, engineering, product prototype development, and manufacturing of turnkey requirements for our customers.
The company has two manufacturing facilities. One is in Vadodara, Gujarat, and the other is in Bengaluru, Karnataka.
As of September 30, 2023, the company’s manufacturing facilities had a workforce of 131 people, including a team of 28 engineers to enhance operational efficiency.
The company is ISO 13485:2016 certified for Quality Management System for medical devices and ISO 14001:2015 certified for Environmental Management System for High Tech Electronic Assemblies, as well as EN ISO 9001:2015 certified for Management system applicable to Hi-tech electronic assemblies.
Aimtron Electronics IPO – Details
| IPO Opening Date | 30 May 2024 |
| IPO Closing Date | 03 June 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 54,04,800 Shares Worth ₹87.02 Crore Fresh Issue: 54,04,800 Shares Worth ₹87.02 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹153 – ₹161 |
| Market Lot | 800 Shares |
| Min Order | 800 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Link Intime India Private Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Aimtron Electronics IPO – Date Schedule
| IPO Open Date | 30 May 2024 |
| IPO Close Date | 03 June 2024 |
| Basis of Allotment | 04 June 2024 |
| Initiation of Refund | 05 June 2024 |
| Credit of Shares to Demat Account | 05 June 2024 |
| IPO Listing Date | 06 June 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 03, 2024 |
Aimtron Electronics IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 800 | ₹1,28,800 |
| Retail (Maximum) | 1 | 800 | ₹1,28,800 |
| HNI (Minimum) | 2 | 1600 | ₹2,57,600 |
Competitive Strengths
- The company offer a diversified range of products.
- Engineering expertise with complex product manufacturing capability.
- Long term and well-established relationships with OEM customers.
- Quality Assurance.
- Experienced and Qualified Management and Employee base.
- Stable financial performance.
Company Promoters
- Mukesh Jeram Vasani
- Nirmal M Vasani
- Sharmilaben Lakhanbhai Bambhaniya
Object 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.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 54.06 | 33.05 | 15.71 | 2.62 |
| 31 March 2022 | 26.89 | 28.51 | -1.80 | 8.48 |
| 31 March 2023 | 72.39 | 60.66 | 8.63 | 20.23 |
| 30 September 2023 | 43.88 | 34.53 | 7.10 | 19.07 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | – |
| ROCE | – |
| Debt/Equity | – |
| RoNW | – |
| P/BV | – |
| PAT Margin (%) | – |
| Pre IPO | Post IPO | |
| EPS (Rs) | 5.93 | 7.12 |
| P/E (x) | 27.13 | 22.61 |
Aimtron Electronics IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | – |
Aimtron Electronics IPO Prospectus
- Aimtron Electronics IPO DRHP
- Aimtron Electronics IPO RHP
Company Contact Information
| Aimtron Electronics Limited Plot No 1/A, G.I.D.C.Estate Vadodara, Waghodia-391760 Phone: +91-9687632057 Email: cs@aimtron.com Website: https://www.aimtron.in/ |
Aimtron Electronics IPO Registrar
| Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: aimtron.ipo@linkintime.co.in Website: https://linkintime.co.in/initial_offer/public-issues.html |
Aimtron Electronics IPO Lead Manager(s)
| 1. Hem Securities Limited |
Aimtron Electronics IPO FAQs
| What is Aimtron Electronics IPO? Aimtron Electronics IPO is a SME IPO. The issue is priced at ₹153 – ₹161 per equity share. The IPO is to be listed on NSE SME. |
| When Aimtron Electronics IPO will open? The IPO is to open on 30 May 2024 for QIB – 50%, NII – 15% and Retails – 35% Investors. |
| How to Aimtron Electronics IPO? You can apply for Aimtron Electronics IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Aimtron Electronics IPO through 5 Paisa? Log in to the 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Aimtron Electronics”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with 5 Paisa. |
| How to Apply the Aimtron Electronics IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Aimtron Electronics”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Aimtron Electronics IPO Size? Aimtron Electronics IPO size is ₹87.02 crores. |
| What is Aimtron Electronics IPO Price Band? Aimtron Electronics IPO Price Band is ₹153 – ₹161. |
| What is Aimtron Electronics IPO Minimum and Maximum Lot Size? The minimum bid is 800 Shares with ₹1,28,800 amount while the maximum bid is 800 shares with ₹1,28,800. |
| What is the Aimtron Electronics IPO Allotment Date? Aimtron Electronics IPO allotment date is 04 June 2024. |
| What is the Aimtron Electronics IPO Listing Date? Aimtron Electronics IPO listing date is 06 June 2024. The IPO is to list on NSE SME. |
