Aimtron Electronics Limited IPO

Aimtron Electronics Limited IPO Detail

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 will list on NSE SME with tentative listing date fixed as Thursday, June 6, 2024.

IPO Size: 5,404,800 shares (87.02 Cr) Fresh Issue: 5,404,800 shares (87.02 Cr) Subscription Dates: May 30, 2024 to June 3, 2024 Expected Allotment: Tuesday, June 4, 2024 Listing Date (Tentative): June 6, 2024 Price Band: ₹153 to ₹161 per share Retail Investors: ₹.128,800 (800 shares) Small HNI : ₹.257,600(2 lots, 1600 shares) Big HNI : ₹.1,030,400(8 lots, 6400 shares)

Aimtron Electronics Limited IPO Details
IPO Date May 30, 2024 to June 3, 2024
Listing Date June 6, 2024
Face Value ₹10 per share per share
Lot Size 800 Shares
Total Issue Size 5,404,800 shares (aggregating up to ₹87.02 Cr)
Fresh Issue 5,404,800 (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 Limited IPO Reservation

Investor Category Shares Offered
QIB Shares Offered 2,702,400 (50%)
NII (HNI) Shares Offered 810,720 (15%)
Retail Shares Offered 1,891,680 (35%)
Total Shares Offered 5,404,800 (100%)
Aimtron Electronics Limited IPO Subscription Status (Bid Detail) Live Subscription
Aimtron Electronics Limited IPO Subscription Status Live
Investor Category Shares Offered *** Shares Bid for Total Amount (Rs Cr.)* Subscription (times)
Qualified Institutions 2,702,400
Non-Institutional Buyers 810,720
Retail Investors 1,891,680
Total 4,594,080 0 0.00 0.00

* The total sum is computed according to either the final issue price or the upper price range.
** The allocation for anchor investors (or market makers) is excluded from the total shares offered.
*** Shares Offered" and "Total Amount" are determined using the upper end of the issue price range.
Aimtron Electronics Limited IPO GMP
GMP Date IPO Price GMP Estimated Listing Price Last Updated
29-05-2024 ₹161 ₹50 ₹211 (31.06%) 29-05-2024 11:05
28-05-2024 ₹161 ₹50 ₹211 (31.06%) 28-05-2024 11:05
27-05-2024 ₹161 ₹45 ₹206 (27.95%) 27-05-2024 12:05
26-05-2024 ₹161 ₹40 ₹201 (24.84%) 26-05-2024 11:05
25-05-2024 ₹161 ₹40 ₹201 (24.84%) 25-05-2024 10:05
Aimtron Electronics Limited IPO Timeline (Tentative Schedule)

Aimtron Electronics Limited IPO opens on May 30, 2024 and closes on June 3, 2024.

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 05:00 pm, June 3, 2024
Aimtron Electronics Limited IPO Lot Size Lot Size Calculator

Investors can bid for a minimum of 800 shares and in multiples thereof. The below 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 ₹ 128,800
Retail (Max) 1 800 ₹ 128,800
HNI (Min) 2 1600 ₹ 257,600
Aimtron Electronics Limited IPO Promoter Holding

The promoters of the company are Mukesh Jeram Vasani, Nirmal M Vasani and Sharmilaben Lakhanbhai Bambhaniya.

Share Holding Pre Issue 100%
About Aimtron Electronics Limited IPO

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.

The company has two manufacturing facilities. One is in Vadodara, Gujarat, and the other is in Bengaluru, Karnataka.

As of September 30, 2023, the company's manufacturing facilities had a workforce of 131 people, including a team of 28 engineers to enhance operational efficiency.

The company is ISO 13485:2016 certified for Quality Management System for medical devices and ISO 14001:2015 certified for Environmental Management System for High Tech Electronic Assemblies, as well as EN ISO 9001:2015 certified for Management system applicable to Hi-tech electronic assemblies.

Objects of the Aimtron Electronics Limited IPO

The company intend to utilize the proceeds of the Issue to meet the following 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 Prospectus
Contact Details

Aimtron Electronics Limited
Plot No 1/A, G.I.D.C.Estate
Vadodara, ,
Phone: +91-9687632057

Aimtron Electronics Limited IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Aimtron Electronics Limited IPO Listing Details
Listing Date June 6, 2024
Final Issue Price ₹ 161 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information View IPO Performance
Price Details NSE BSE
Final Issue Price ₹ 161 ₹ 161

Aimtron Electronics Limited IPO is a main-board FPO of 5,404,800 equity shares of the face value of ₹ 10 per share aggregating up to ₹ 87.02 Crores. The issue is priced at ₹153 to ₹161 per share. The minimum order quantity is 800 Shares.

The Aimtron Electronics Limited IPO opens on May 30, 2024 and closes on June 3, 2024.

Retail Investors: ₹.128,800 (800 shares) Small HNI : ₹.257,600(2 lots, 1600 shares) Big HNI : ₹.1,030,400(8 lots, 6400 shares)

The finalization of Basis of Allotment for Aimtron Electronics Limited IPO will be done on Tuesday, June 4, 2024, and the allotted shares will be credited to your demat account by Wednesday, June 5, 2024. Check the Aimtron Electronics Limited IPO allotment status.