IPO Issue Details
Issue Price / Price Band₹161 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size800 Shares per Lot
Total Issue Size54,04,800 shares (aggregating up to ₹87.02 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenThu, 30 May 2024
Subscription CloseMon, 03 Jun 2024
Anchor AllotmentWed, 29 May 2024
Basis of AllotmentTue, 04 Jun 2024
Initiation of RefundsWed, 05 Jun 2024
Credit of Shares to DematWed, 05 Jun 2024
Listing DateThu, 06 Jun 2024
UPI Mandate Deadline2024-06-03
Application & Investment Details
Retail — Min (1 Lots)₹1,28,800 — 800 shares
Retail — Max (13 Lots)₹1,674,400 (13 Lots)
HNI — Min (2 Lots)₹2,57,600 — 1,600 shares
EPS (Pre-IPO)₹5.93
EPS (Post-IPO)₹6.53
P/E Ratio (Pre-IPO)27.13x
P/E Ratio (Post-IPO)24.67x
Net Offer to Public51,23,200 shares (aggregating up to ₹82.48 Cr)
Reserved for Market Maker2,81,600 shares (aggregating up to ₹4.53 Cr)
Pre-IPO Promoter Holding1,45,45,025 shares
Post-IPO Promoter Holding1,99,49,825 shares
About Aimtron Electronics Ltd
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 Issue
Aimtron Electronics Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Repayment in whole or in part, of certain of the outstanding borrowings;
2
Funding Capital Expenditure towards the installation of additional plant and machinery
3
Funding to meet working capital requirements
4
General Corporate Purpose.
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,45,45,025 shares
Post-IPO Promoter Holding
1,99,49,825 shares