Aimtron Electronics IPO
IPO Listing Details
- Listing Date
06 Jun 2024
- Listing Price
₹ 241.00
- Listing Change
inf%
- Last Traded Price
₹ 650.95
IPO Details
- Open Date
30 May 2024
- Close Date
03 Jun 2024
- IPO Price Range
₹ 153 to ₹161
- IPO Size
₹ 87.02 Cr
- Listing Exchange
NSE SME
- Listing Date
06 Jun 2024
IPO Timeline
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 |
Last Updated: 11 June 2024 11:40 AM by 5Paisa
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.
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
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 |
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.
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FAQs
Aimtron Electronics IPO opens from 30th May to 3rd June 2024.
The size of Aimtron Electronics IPO is ₹87.02 cr.
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.
The price band of Aimtron Electronics IPO is fixed at ₹153 to ₹161 per share.
The minimum lot size of Aimtron Electronics IPO is 800 shares and the investment required is ₹1,22,400.
The share allotment date of Aimtron Electronics IPO is 4th June 2024.
The Aimtron Electronics IPO will be listed on 6th June 2024.
Hem Securities Limited is the book-running lead manager for 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 Information
Aimtron Electronics
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
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