Aimtron Electronics - AstroIPO

Aimtron Electronics IPO


June 2, 2024 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

Aimtron Electronics Ltd., an electrical sector company specializing in electronic components, is launching its IPO on May 30, 2024. This five-day offering aims to raise between ₹82.69 crore and ₹87.02 crore through a book-building process.

The company is offering 54.05 lakh shares at a price band of ₹153 to ₹161 per share. The minimum application is for 800 shares, with a maximum retail subscription limit of ₹5 lakh.

Aimtron Electronics Ltd. plans to list on the National Stock Exchange (NSE) on June 6, 2024. This IPO provides an opportunity to gain exposure to the growing electronics industry in India, which is driven by increasing demand for consumer electronics, automotive electronics, and industrial automation.

The electronic components sector, where Aimtron operates, is a critical part of the electronics value chain. As India pushes for greater domestic manufacturing in electronics, companies in this space could benefit from increased demand and government initiatives.

Aimtron Electronics IPO Details

IPO Size 87.02
Price Range ₹153 to ₹161
Retail Quota 35%
QIB Quota 50%
NII Quota 15%
Employee Discount --
Listing at NSE
Minimum Quantity 800
Investment (cut-off price) ₹128,800
Pre IPO Promotor Holding 96.96%
Post IPO Promotor Holding 71.29%
DHRP Draft Click Here
RHP Draft Click Here
Anchor Investors List Click Here

Aimtron Electronics IPO Timelines

30/05/2024
Start Date
03/06/2024
End Date
04/06/2024
Allotment Date View Status
05/06/2024
Refund Initiation
05/06/2024
Credit of Shares to Demat Ac
06/06/2024
Listing Date

Aimtron Electronics IPO Lot Size

Application Lot Size Shares Amount
Retail Minimum 1 800 ₹128,800
Retail Maximum 1 800 ₹128,800
S-HNI Minimum 2 1600 ₹257,600

Aimtron Electronics IPO Subscription Status

QIB NII Retail EMP Total
69.93 x 202.74 x 71.62 x -- 99.24 x

IPO Performance on Listing Day

Opening Price Closing Price Day High Day Low
₹241 ₹253.05 ₹253.05 ₹240.10

Aimtron Electronics IPO Company Financials

Year Total Income Total Expense PAT
FY 2021 ₹54.06 ₹33.05 ₹15.72
FY 2022 ₹26.89 ₹28.52 -₹1.80
FY 2023 ₹72.40 ₹60.66 ₹8.63
FY 2024 (6M) ₹43.8 ₹34.53 ₹7.10

About Company

Aimtron Electronics Limited company is a leading provider of electronic system design and manufacturing (ESDM) services, specialising in high-value precision engineering products. Established in 2011, it has expanded its expertise from initial offerings in printed circuit board (PCB) design and assembly to a comprehensive range of ESDM services. These services include PCB assembly, box build assemblies, and complete design solutions from conceptualisation to manufacturing.

Incorporation Date Sector Managing Director
2011 Electricals Mr. Mukesh Vasani

Know Before Investing

Aimtron Electronics IPO Strengths

  • The company features a diversified product line across various sectors like industrial, healthcare, and automotive, which mitigates industry-specific risks and stabilises revenue streams.
  • Advanced manufacturing capabilities include 4 SMT lines and 37 THT lines, allowing for precision engineering and mass production of complex electronics assemblies.

Aimtron Electronics IPO Risks

  • High customer concentration risks the company’s stability, with the top 10 customers accounting for over 92.46% of revenues as of September 2023, making it vulnerable to shifts in client sourcing strategies.
  • Intense competition in the Electronics System Design & Manufacturing industry from both domestic and international companies could lead to pricing pressures, reducing the company’s market share and profitability.

Swot Analysis for Aimtron Electronics IPO

Strengths

Weaknesses

Opportunities

Threats

Contact Details of IXIGO

Aimtron Electronics Limited Plot No 1/A, G.I.D.C. Estate Vadodara, Waghodia-391760 Phone: +91-9687632057 Email: [email protected] Website: https://www.aimtron.in/

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Email: [email protected]

Website: https://linkintime.co.in/initial_offer/public-issues.html

Company Details

Aimtron Electronics Limited

Plot No 1/A, G.I.D.C.Estate
Vadodara, ,
Waghodia-391760

Phone: +91-9687632057

Email: [email protected]

Website: https://www.aimtron.in/

IPO Registar Details

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Email: [email protected]

Website: https://linkintime.co.in/initial_offer/public-issues.html

FAQs

The key objectives of Aimtron Electronics IPO are:

  • Repayment in full or in part, of certain of their outstanding borrowings
  • Funding Capital Expenditure towards installation of additional plant and machinery
  • Funding to meet working capital requirements

Hem Securities Ltd. is the book-running lead manager for the Aimtron Electronics IPO.

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