Aimtron Electronics IPO is a book built issue of Rs 87.02 crores. The issue is entirely a fresh issue of 54.05 lakh shares.
Aimtron Electronics IPO opens for subscription on May 30, 2024 and closes on June 3, 2024. The allotment for the Aimtron Electronics IPO is expected to be finalized on Tuesday, June 4, 2024. Aimtron Electronics IPO will list on NSE SME with tentative listing date fixed as Thursday, June 6, 2024.
Aimtron Electronics IPO price band is set at ₹153 to ₹161 per share. The minimum lot size for an application is 800 Shares. The minimum amount of investment required by retail investors is ₹128,800. The minimum lot size investment for HNI is 2 lots (1,600 shares) amounting to ₹257,600.
Aimtron Electronics IPO Details
| IPO Date | May 30, 2024 to June 3, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹153 to ₹ 161 per share |
| Lot Size | 800 Share |
| Total Issue Size | 5,404,800 shares (aggregating up to ₹87.02 Cr) |
| Fresh Issue | 5,404,800 shares (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 |
| Market Maker portion | 281,600 shares |
Aimtron Electronics IPO Reservation
| Investor Category | Shares Offered |
| Anchor investor Shares offered | 1,536,000 (28.42%) |
| Market Maker Shares offered | 281,600(5.21%) |
| QIB Shares offered | 1,024,800 (18.96%) |
| NII (HNI) Shares offered | 768,800 (14.22%) |
| Retail Shares offered | 1,793,600 (33.19%) |
| Total Shares Offered | 5,404,800 (100%) |
Aimtron Electronics IPO Anchor Investors Details
Aimtron Electronics IPO raises Rs 24.73 crore from anchor investors. Aimtron Electronics IPO Anchor bid date is May 29, 2024. Aimtron Electronics IPO Anchor Investors list
| Bid Date | May 29,2024 |
| Shares Offered | 1,536,000 |
| Anchor portion Size (in Cr.) | 24.73 |
| Anchor lock-in period end date for 50% shares (30 Days) | July 4, 2024 |
| Anchor lock -in period end date for remaining Shares ( 90 Days ) | September 2, 2024 |
Aimtron Electronics IPO Timeline (Tentative Schedule)
Aimtron Electronics IPO opens on May 30, 2024, and closes on June 3, 2024.
| IPO Open Date | Thursday , May 30, 2024 |
| IPO Close Date | Monday , May June 3, 2024 |
| Basis of Allotment | Tuesday , June 4, 2024 |
| Initiation of Refunds | Wednesday, June 5, 2024 |
| Credit of Shares to Demat | Wednesday, June 5, 2024 |
| Listing Date | Thursday , June 6, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 3, 2024 |
Aimtron Electronics IPO Lot Size
Investors can bid for a minimum of 800 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 800 | ₹128,800 |
| Retail (Max) | 1 | 800 | ₹128,000 |
| HNI (Min) | 2 | 1,600 | ₹257,600 |
Aimtron Electronics IPO Promoter Holding
| Shares Holding per Issue | 96.96% |
| Shares Holding post Issue | 71.29% |
About Aimtron Electronics Limited
Founded in April 2011, 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:
(i) printed circuit board assembly (“PCBA”),
(ii) any box build assemblies in addition to finding their application in battery management systems used in electrical vehicles
(iii) 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 Limited Financial Information (Restated)
Aimtron Electronics Limited’s revenue increased by 169.2% and profit after tax (PAT) rose by 579.15% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 31 Des 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 8,322.75 | 8,740.02 | 5,904.04 | 3,630.38 |
| Revenue | 6,764.17 | 7,239.98 | 2,689.41 | 5,406.18 |
| Profit After Tax | 976.66 | 863.19 | -180.15 | 1,571.72 |
| Net Worth | 4,099.92 | 3,123.26 | 2,038.96 | 2,144.26 |
| Reserves and Surplus | 2,645.42 | 2,832.36 | 1,969.17 | 2,075.83 |
| Total Borrowing | 1,821.65 | 2,023.61 | 848.98 | 262.54 |
Key Performance Indicator
The market capitalization of Aimtron Electronics IPO is Rs 321.19 Cr.
KPI as of December 31, 2023.
| KPI | Values |
| ROW | 27.04% |
| ROCE | 23.85% |
| Debt/Equity | 0.44 |
| RONW | 23.82% |
| P/BV | 1.14 |
| PAT Margin (%) | 14.56 |
| pre IPO | POST IPO | |
| EPS (RS) ? | 5.93 | 6.53 |
| P/E (E) ? | 27.13 | 24.67 |
Next post :- –Tech NSE SME IPO review (Apply