Aimtron Electronics Limited IPO
NSE SMEListed On: Jun 6, 2024 at ₹ 241.0
₹ 257600 /1600 Shares
*Min Investment
30 May, 2024
Open Date03 Jun, 2024
Close Date04 Jun, 2024
Allotment Date06 Jun, 2024
Listing DateAimtron Electronics Limited IPO Issue Details
- Issue Price ₹153-161 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 54,04,800 shares(aggregating up to ₹87.02 crore)
- Fresh Share 54,04,800 shares(aggregating up to ₹87.02 crore)
- Listing at NSE SME
- List Price 241.0
- Listing Date 2024-06-06
- Lead Manager Hem Securities Limited
- Registrar Link Intime India Private Ltd
Market Lot Size
Investors can bid for a minimum of 800 shares and in multiples thereof. The following 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 | ₹1,28,800 |
| Retail(max) | 1 | 800 | ₹1,28,800 |
| NII (min) | 2 | 1,600 | ₹2,57,600 |
Aimtron Electronics Limited IPO Reservation
Aimtron Electronics Limited IPO offers total 5,404,800 shares. Out of which 1,024,800 (18.96%) allocated to QIB, 768,800 (14.22%) allocated to NII,1,793,600 (33.19%) allocated to RII, NA (NA%) allocated to employees and 1,536,000 (28.42%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| 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 Limited IPO Details
Aimtron Electronics Limited IPO is an SME IPO, priced at ₹153-161 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 54,04,800 equity shares, aggregating up to ₹87.02 crores..
The IPO bidding window is open from May 30, 2024 to Jun 3, 2024. The allotment is expected to be finalized on Jun 4, 2024, and the tentative listing date is Jun 6, 2024.
The minimum lot size for Retail investors is 800 shares, with a minimum investment of ₹1,28,800. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,57,600.
Hem Securities Limited is acting as the lead manager to the issue. The registrar of the IPO is Link Intime India Private Ltd, and Hem Finlease Private Limited will act as the market maker for this issue.
Aimtron Electronics Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,024,800 / 768,800 | 1,793,600 | 3,587,200 |
Day 1 30-05-24 06:00 PM | 1.95 / 1.46 x | 2.92 x | 2.33 x |
Day 2 31-05-24 06:00 PM | 1.97 / 4.29 x | 8.03 x | 5.50 x |
Day 3 03-06-24 06:00 PM | 69.93 / 202.74 x | 71.62 x | 99.24 x |
Aimtron Electronics Limited Valuations
Aimtron Electronics Limited Company Financials
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 8,740.02 | 5,904.04 | 3,630.38 |
| Revenue | 7,239.98 | 2,689.41 | 5,406.18 |
| Profit After Tax | 863.19 | -180.15 | 1,571.72 |
| Net Worth | 3,123.26 | 2,038.96 | 2,144.26 |
| Reserves & Surplus | 2,832.36 | 1,969.17 | 2,075.83 |
| Total Borrowing | 2,023.61 | 848.98 | 262.54 |
About Aimtron Electronics Limited Company
Founded in April 2011, Aimtron Electricals Limited is engaged in ESDM services offering products and solutions with high-value precision engineering products.
Aimtron Electricals Limited provides PCB design, assembly, and complete electronic system manufacturing to domestic and global manufacturers in India, the USA, Hong Kong, the UK, Spain, and Mexico.
The company's solutions primarily include:
(i) printed circuit board assembly (PCBA),
(ii) any box build assemblies in addition to finding its application in battery management systems used in electrical vehicles
(iii) design solutions that offer end-to-end services, right from conceptualizing the design, engineering, product prototype development, and manufacturing of turnkey requirements for our customers.
There are two plants. There is one plant situated in Vadodara in the state of Gujarat. The second is located at Bengaluru, in the State of Karnataka.
As of 30 September 2023, the company has a manufacturing plant with 131 people working in the company. A team of 28 engineers ensures the efficient functioning of the manufacturing process.
The company is ISO 13485:2016 certified for the Quality Management System for Medical Devices and ISO 14001:2015 for Environmental Management System for High Tech Electronic Assemblies. Also, it is EN ISO 9001:2015 certified for the management system applicable to Hi-tech electronic assemblies.
Aimtron Electronics Limited - Promoter(s)
Mukesh Jeram Vasani
Nirmal M Vasani
Sharmilaben Lakhanbhai Bambhaniya
Pre Issue Share Holding : 96.96%
Post Issue Share Holding : 71.29%
Aimtron Electronics Limited IPO - Issue Objectives
Repayment in whole or in part, of certain of the outstanding borrowings
Funding Capital Expenditure towards the installation of additional plant and machinery
Funding to meet working capital requirements
General Corporate Purpose.
Aimtron Electronics Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Aimtron Electronics Limited | 7.9 | 7.9 | N/A | 27.64 | N/A | N/A | Standalone |
| Kaynes Technology India Limited | 19.84 | 19.61 | N/A | 171.11 | 9.91 | N/A | Standalone |
| Vinyas Innovative Technologies Limited | 19.62 | 19.62 | N/A | 35.67 | 16.13 | N/A | Standalone |
| Avalon Technologies Limited | 9.27 | 9.08 | N/A | 53.18 | 9.78 | N/A | Standalone |
| Syrma SGS Technology Limited | 7.59 | 7.5 | N/A | 55.13 | 7.98 | N/A | Standalone |
Notes:
- For Aimtron Electronics Limited, the Current Market Price has been taken as the issue price of equity shares.
- EPS, NAV, RoNW, and Total Income of Aimtron Electronics Limited are based on the Restated Financial Statement for the Financial Year 2022-23.
- NAV per share is computed as the closing net worth divided by the weighted average number of paid-up equity shares as of March 31, 2023.
- RoNW is computed as net profit after tax divided by closing net worth.
- Net worth is computed according to Regulation 2(1)(hh) of the SEBI (ICDR) Regulations, 2018.
Contact Details
Aimtron Electronics Limited
Plot No 1/A, G.I.D.C.Estate, Vadodara, Waghodia-391760
+91-9687632057
Registrar Contact Details
Link Intime India Private Ltd
+91-22-4918 6270
Aimtron Electronics Limited IPO - FAQs
Ans. Aimtron Electronics Limited IPO is a SME IPO. The issue is priced at ₹153-161 per equity share. The minimum order quantity is 800 Shares. The IPO opens on May 30, 2024, and closes on Jun 3, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Aimtron Electronics Limited IPO opens on May 30, 2024 and closes on Jun 3, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Aimtron Electronics Limited IPO is 5,404,800 shares(aggregating up to ₹87.02 Cr).
Ans. The Aimtron Electronics Limited IPO price band is set between ₹153-161 per equity share.
Ans. To apply for Aimtron Electronics Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Aimtron Electronics Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Aimtron Electronics Limited IPO is Jun 4, 2024.
Ans. The Aimtron Electronics Limited IPO will be listed on Jun 6, 2024.
Ans. Follow the steps to check the Aimtron Electronics Limited IPO allotment status online.
