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27 May 2024

Aimtron Electronics Limited IPO

Aimtron Electronics Limited is engaged in the business of providing products and solutions for electronics system design and manufacturing (“ESDM”) services with a focus on high-value precision engineering products. They provide products and solutions right from printed circuit board (“PCB”) design and assembly to the manufacturing of complete electronic systems (“Box Build”), to certain domestic and global manufacturers located in India, the United States of America, Hongkong, the United Kingdom, Spain, Mexico. 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 price band is set at ₹153 to ₹161 per share. The minimum lot size for an application is 800 Shares. Hem Securities Limited is the book running lead manager of the Aimtron Electronics IPO, while Link Intime India Private Ltd is the registrar for the issue.

Aimtron Electronics IPO Overview

Detail	Description
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 Shares
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 Timeline (Tentative Schedule)

Detail	Description
IPO Open Date	Thursday, May 30, 2024
IPO Close Date	Monday, 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

Application	Lots	Shares	Amount
Retail (Min)	1	800	₹128,800
Retail (Max)	1	800	₹128,800
HNI (Min)	2	1,600	₹257,600

Aimtron Electronics IPO Reservation

Investor Category	Shares Offered
QIB Shares Offered	Not more than 50% of the Net Issue
Retail Shares Offered	Not less than 35% of the Net Issue
NII (HNI) Shares Offered	Not less than 15% of the Net Issue

Aimtron Electronics IPO Promoter Holding

Share Holding Pre Issue	100%
Share Holding Post Issue

Company & Financials

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

Aimtron Electronics Limited Financial Information

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	8,992.72	8,740.02	5,904.04	3,630.38
Revenue	4,388.10	7,239.98	2,689.41	5,406.18
Profit After Tax	710.37	863.19	-180.15	1,571.72
Net Worth	3,833.64	3,123.26	2,038.96	2,144.26
Reserves and Surplus	3,542.74	2,832.36	1,969.17	2,075.83
Total Borrowing	1,907.89	2,023.61	848.98	262.54
Amount in ₹ Lakhs

Key Performance Indicator

	Pre IPO	Post IPO
EPS (Rs)	5.93	7.12
P/E (x)	27.13	22.61

Objectives of Aimtron Electronics IPO

The company intend to utilize the proceeds of the Issue to meet the following objectives: -

1. Repayment in whole or in part, of certain of the outstanding borrowings.
2. Funding Capital Expenditure towards the installation of additional plant and machinery.
3. Funding to meet working capital requirements.
4. General Corporate Purpose.

Aimtron Electronics Limited IPO Review

In conclusion, the Aimtron Electronics Ltd IPO presents an opportunity for investors to gain exposure to a company with a strong reputation for quality and innovation in the electronics manufacturing sector. However, potential investors should carefully weigh the risks associated with the company's financial performance history and future growth prospects. By staying informed and conducting diligent research, investors can make well-informed decisions regarding their participation in the Aimtron Electronics Ltd IPO.

FAQs for Aimtron Electronics Limited IPO

What is the Aimtron Electronics IPO?

Aimtron Electronics IPO is an NSE SME IPO. They are going to raise ₹87.02 Crores via IPO. The issue is priced at ₹153 to ₹161 per equity share. The IPO is to be listed on NSE.
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 to ₹161 per equity share.
What is Aimtron Electronics IPO Minimum and Maximum Lot Size?

The IPO bid is 800 shares with ₹128,800.
When will the Aimtron Electronics IPO open?

The IPO is to open on May 30, 2024 for QIB, NII, and Retail Investors.
What is Aimtron Electronics IPO Allotment Date?

Aimtron Electronics IPO allotment date is June 4, 2024.
What is Aimtron Electronics IPO Listing Date?

Aimtron Electronics IPO listing date is June 6, 2024. The IPO to list on NSE SME.
What is Aimtron Electronics IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.