Aimtron Electronics Limited
Book Built Issue IPO · NSE
- Price band
- ₹153 - ₹161
- Lot size
- 800 shares
- Issue amount
- ₹87.02 cr
- Total subscription
- 99.26×
- Opens
- 30 May 2024
- Closes
- 3 Jun 2024
- Allotment
- 4 Jun 2024
- Listing
- 6 Jun 2024
Offer at a glance
Issue overview
- Issue size
- 54,04,800 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,22,400
- Fresh issue
- ₹87.02 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,28,800
- Issue type
- Book Built Issue IPO
- Shares before issue
- 1,45,45,025
- Shares after issue
- 1,99,49,825
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 800 | ₹1,28,800 |
| HNI | 2 | 1,600 | ₹2,57,600 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 16.5 | 1,153.87 |
| RETAIL | 28.88 | 2,064.99 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Dec-23 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 6.71 | 10.67 | -3.38 |
| ROE | 27.04 | 33.44 | -8.61 |
| ROCE | 23.85 | 25.33 | -5.55 |
| RONW | 23.82 | 27.64 | -8.84 |
| PRE IPO(PE) | 27.13 | 0 | 0 |
| POST IPO(PE) | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Aimtron Electricals Limited was founded in April 2011 and specializes in making high-quality electronic products and solutions. The company provides Electronics System Design and Manufacturing (ESDM) services, including PCB design, assembly, and complete electronic system manufacturing. Aimtron serves clients in India, USA, Hong Kong, UK, Spain, and Mexico, offering services like Printed Circuit Board Assembly (PCBA), box build assemblies, and battery management systems for electric vehicles. The company operates two manufacturing plants in Vadodara, Gujarat and Bengaluru, Karnataka, with a team of 131 employees, including 28 engineers dedicated to improving operational efficiency. Aimtron holds certifications like ISO 13485:2016 for medical devices, ISO 14001:2015 for environmental management, and EN ISO 9001:2015 for high-tech electronic assemblies, ensuring quality and reliability across its products.
Strengths
- Wide Product Range: Aimtron Electricals Limited provides a variety of products to meet different market needs, giving it a competitive advantage.
- Engineering Excellence: The company specializes in producing high-quality, complex precision engineering products with strong technical expertise.
- Trusted OEM Partnerships: Aimtron has built long-term, reliable relationships with OEM customers, ensuring consistent demand and customer trust.
Risk factors
- Customer Dependency: Aimtron Electricals Limited depends a lot on a few key customers, including its own group companies. If any of these customers stop doing business, it could hurt the company's income and overall business performance.
- Tough Market Competition: The company operates in a highly competitive market where bigger and stronger competitors could take away its business, leading to lower sales and profits.
- Revenue Dependency: Most of the company's revenue comes from selling Circuit Board Assemblies. Any issues like failing to upgrade products, maintain quality, or meet changing demand could affect its earnings and future growth.
Promoters
Mukesh Jeram Vasani
Nirmal M Vasani
Sharmilaben Lakhanbhai Bambhaniya
Registrar & documents
Lead manager
Hem Securities Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot No 1/A, G.I.D.C.Estate, Vadodara, Waghodia-391760
+91-9687632057
[email protected]Company website ↗Understanding AIMTRON IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.