What you must know about Aimtron Electronics IPO?
by 5paisa Research Team
24 May 2024
Listing Details
- Listing Exchange NSE SME
- Listing Date 06-Jun-24
- IPO Price Range ₹ 153 to ₹161
- Listing Price ₹ 241
- Listing Change inf%
- Last Traded Price ₹ 571.35
- Current Change inf%
Aimtron IPO Details
- Open Date 30-May-24
- Close Date 03-Jun-24
- Lot Size 800
- IPO Size ₹ 87.02 Cr
- IPO Price Range ₹ 153 to ₹161
- Min Investment ₹ 128,800
- Listing Exchange NSE SME
- Basis of Allotment 04-Jun-24
- Refunds 05-Jun-24
- Credit to Demat Account 05-Jun-24
- Listing Date 06-Jun-24
Aimtron Electronics IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 30-May-24 | 1.95 | 1.46 | 2.92 | 2.33 |
| 31-May-24 | 1.97 | 4.29 | 8.03 | 5.50 |
| 03-Jun-24 | 69.93 | 202.72 | 71.51 | 99.18 |
Aimtron IPO Synopsis
Last Updated: 03rd June, 2024 by 5paisa
Aimtron Electronics IPO is all set to open from 30th May to 3rd June 2024. The company is engaged in the business of offering products and solutions for electronics system design and manufacturing (ESDM) services. The IPO includes a fresh issue of 5,404,800 shares worth ₹87.02 cr. The share allotment date is 4th June 2024, and the IPO will be listed on 6th June 2024 on the stock exchanges. The price band is ₹153 to ₹161, and the lot size is 800 shares.
Hem Securities Limited is the book-running lead manager for this IPO, while Link Intime India Private Limited is the registrar.
Objectives of Aimtron Electronics IPO
Aimtron Electronics Limited plans to utilize the raised capital from the IPO to:
● To fund the working expenditure requirement for plant and machinery.
● To fund the working capital requirement.
● To repay the borrowings obtained fully or partially,
● General corporate purposes.
About Aimtron Electronics
Aimtron Electronics is engaged in the business of offering products and solutions for electronics system design and manufacturing (ESDM) services. The company offers customized and end-to-end solutions from printed circuit board (PCB) design and assembly to the manufacturing of complete electronic systems (Box Build) as per clients’ needs.
The company has a presence in India as well as globally in the US, Hong Kong, the United Kingdom, Spain, Mexico, and more. Its products and service categories include:
(i) Printed circuit board assembly (PCBA)
(ii) Box build assemblies in addition to finding its 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 customers
It has two manufacturing units i) Vadodara, Gujarat ii) Bengaluru, Karnataka. The company also has various certifications for quality.
Peer Comparison
● Kaynes Technology India Limited
● Vinyas Innovative Technologies Limited
● Avalon Technologies Limited
● Syrma Sgs Technology Limited
For More Information:
Webstory on Aimtron Electronics IPO
Aimtron Electronics Financial Status
Profit and Loss
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 71.58 | 26.31 | 52.77 |
| EBITDA | 16.48 | -0.71 | 20.40 |
| PAT | 8.63 | -1.80 | 15.71 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Total Assets | 87.40 | 59.04 | 36.30 |
| Share Capital | 2.90 | 0.70 | 0.68 |
| Total Borrowings | 56.16 | 38.65 | 14.86 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Net cash generated from / (used in) operating activities | -8.43 | 7.84 | 7.24 |
| Net cash from / (used in) investing activities | -1.75 | -21.90 | -0.66 |
| Net cash flow from / (used in) financing activities | 9.97 | 7.37 | -1.04 |
| Net increase (decrease) in cash and cash equivalents | -0.22 | -6.69 | 5.53 |
Aimtron IPO Key Points
-
Strengths
1. The company is a one-stop shop for electronics system design and manufacturing (ESDM) services.
2. The company offers a wide range of product portfolios having applications across industry verticals.
3. It has engineering expertise with complex product manufacturing capabilities.
4. Long-term and well-established relationships with customers.
5. A strong supply chain and sourcing network are a big plus.
6. It focuses on high quality.
7. Experienced promoters and management team.
-
Risks
1. The company operates in a highly competitive industry.
2. It has recorded losses in the past.
3. A majority of the revenue comes from exports.
4. It has reported negative cash flow in the past.
5. The business is subject to risks associated with product warranty.
6. High working capital requirements.
Aimtron
How to apply for IPO?
-
Login to your 5paisa account and select the issue in the
current IPO section -
Enter the number of lots and price at which you wish to
apply for -
Enter your UPI ID and click on submit. With this, your
bid will be placed with the exchange -
You will receive a mandate notification to block funds in
your UPI app -
Approve the mandate request on your UPI and funds
will be blocked
Open account in 5 minutes
Be a part of the 5paisa community now with 10 million mobile app users
There is some issue, try later
By Proceeding, you agree T&C*
Aimtron IPO FAQs
When does Aimtron Electronics IPO open and close?
Aimtron Electronics IPO opens from 30th May to 3rd June 2024.
What is the size of Aimtron Electronics IPO?
The size of Aimtron Electronics IPO is ₹87.02 cr.
How to apply for Aimtron Electronics IPO?
To apply for Aimtron Electronics IPO, follow the steps given below
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for Aimtron Electronics IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
What is the price band of Aimtron Electronics IPO?
The price band of Aimtron Electronics IPO is fixed at ₹153 to ₹161 per share.
What is the minimum lot size and investment required for Aimtron Electronics IPO?
The minimum lot size of Aimtron Electronics IPO is 800 shares and the investment required is ₹1,22,400.
What is the allotment date of Aimtron Electronics IPO?
The share allotment date of Aimtron Electronics IPO is 4th June 2024.
What is Aimtron Electronics IPO listing date?
The Aimtron Electronics IPO will be listed on 6th June 2024.
Who are the book runners for Aimtron Electronics IPO?
Hem Securities Limited is the book-running lead manager for Aimtron Electronics IPO.
What is the objective of Aimtron Electronics IPO?
A10. Aimtron Electronics plans to utilize the raised capital from the IPO to:
● To fund the working expenditure requirement for plant and machinery.
● To fund the working capital requirement.
● To repay the borrowings obtained fully or partially,
● General corporate purposes.
Contact Details of Aimtron Electronics IPO
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 Register
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
Hem Securities Limited
Aimtron IPO Related Articles
