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    Aimtron Electronics  IPO

    Aimtron Electronics IPO GMP Guidance & Subscription Status at Chanakyanipothi.com,
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    Aimtron Electronics IPO Listing Review:
    The scrip is listed at Rs. 241, premium of 49.69% over the issue price of Rs.161. This listing has been much above the expectations of the grey market players.

    Aimtron Electronics IPO Post Listing Guidance:
    The EPS for the year 2022-23 comes to Rs. 5.93 and the shares at upper price band is offered at Rs. 161 /PE Ratio of 27.15.The IPO received impressive subscriptions and amount wise subscription of Rs. 8185 crore was received. Now the shares are listed at Rs. 241. You can hold/Accumulate at this price.

    What is the last GMP of Aimtron Electronics IPO?
    Premium: Rs.25 
    Min Application Rs. 
    Subject to Rs.15200

    Check Subscription status of Aimtron Electronics IPO

    On 3 June 2024 @ 5.00 (Day 3) (Closed)
    Review: Good trend in RIIs
    QIB:       69.93 T
    NII:      202.74 T
    RII:         71.62 T
    Total:     99.24 T

    Application: 160563 (71.62X)
    Amount wise Subscription: Rs. 8185.32 Crore

    What is the business of Aimtron Electronics?

    Aimtron Electronics is engaged in the business of providing products and solutions towards electronics system design and manufacturing (“ESDM”) services with a focus on high value precision engineering products. It provides product and solutions right from printed circuit board (“PCB”) design and assembly to the manufacturing of complete electronic systems (“Box Build”), to certain domestic and global manufacturers located in India, United States of America, Hongkong, United Kingdom, Spain, Mexico.
    It offers tailored solutions for customers’ needs, encompassing automated micro-electronics assembly and precision component integration. Its solutions involve its client providing the design for the product for which it provides manufacturing services or in some cases require us to design the relevant product based on the specifications provided by the client including manufacturing of the product. Its solutions primarily comprises of: (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 offering end to end services right from conceptualizing the design, engineering, product prototype development, manufacturing of turnkey requirements for our customers. Through its end-to-end
    capabilities, it believes its customers may achieve tangible benefits such as reduced manufacturing costs, improved supply chain management and reduced inventory obsolescence.
    It started in 2011 as a pure play PCB designer and assembler and over the years have invested in its capabilities and become one stop ESDM solution provider.
    Our Company offers a broad range of products and services across multiple industry segments. These ESDM products and services are essential for industrial automation, electric vehicle mobility, IoT and embedded systems, medtech and wearables, gaming, robotics etc. They provide higher-level monitoring and control various functions of machines to define, organize, and meet production objectives. The end-use industries that it caters to include: Industrial sector, Medical & Healthcare Equipment, Automobiles, Power, Gaming, Drones and UAV (unmanned aerial vehicle) etc.
    It operates through our two manufacturing facilities, one situated in Vadodara, Gujarat and the other situated in Bengaluru, Karnataka.

    Get more information about the company @ https://www.aimtron.in/

    Aimtron Electronics IPO Details
    IPO opens on  30 May 2024
    IPO closes on  3 June 2024
    Issue Type Book Built Issue IPO
    Issue Size 5404800 Shares /
    Rs 87.02 Crore
    * Fresh Issue 5404800 Shares /
    Rs 87.02 Crore
    * Offer for Sale  – Shares /
    Rs – Crore
    Market Maker Portion 281600 Shares
    Net offer to Public 5123200 Shares/
    Rs.82.48 Crore
    Face Value per share Rs. 10
    Price Band Rs.153-161
    Employee discount  Rs. 0 per share
    Retail Lot Size  800 Shares
    Listing will at  NSE SME
    Shares offered in Aimtron Electronics IPO
      Shares Rs. (Crore)
    QIB (50%) 2561600 41.24
    NII  (15%)   768480 12.37
    RII  (35%) 1793120 28.87
    Total Shares  5123200 82.48
    Retail portion will be oversubscribed by  2241
    Forms
    How much Shares to Apply in Aimtron Electronics IPO?
    Min Retail Application 800 Shares Rs. 128800
    Min HNI Application  1600 Shares Rs.257600

    Who are the Promoters of Aimtron Electronics IPO?
    The promoters of the company are Mukesh Jeram Vasani, Nirmal M Vasani and Sharmilaben Lakhanbhai Bambhaniya.

    What are the Objects of Aimtron Electronics IPO?

    The Offer comprises only of a Fresh Issue of Equity shares.

    The company intends to utilize the proceeds of the Offer to meet 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.

    Aimtron Electronics IPO Tentative timetable
    IPO opens on 30 May 2024
    IPO Closes on 3 June 2024
    IPO Allotment on  4 June 2024
    Refund Initiation  5 June 2024
    Credit of Shares 5 June 2024
    Listing on 6 June 2024
    Registered Office of the Company
    Aimtron Electronics Limited
    Plot No 1/A, G.I.D.C.Estate
    Vadodara, ,
    Waghodia-391760

    Who is the Lead Manager of Aimtron Electronics IPO?
    Hem Securities Limited
    Who is the Registrar to IPO?
    Link Intime India Private Ltd
    Aimtron Electronics IPO Financial & Analytical Ratios
    Year Total Income Net Profit EPS RoNW
      Rs.in Cr Rs.in Crore Rs. %
    2020-21 54.06 15.72   73.30
    2021-22 26.89 -1.80   -8.84
    2022-23  72.40   8.63 5.93 27.64
    Book Value of the Share on (reworked after Bonus) 31.03.2023 Rs 7.72    
    BV of the Share at cap price after the IPO Rs.     
    Offer Price/upper band   Rs. 161    
    Aimtron Electronics IPO
    Key Performance indicators
    Price/last EPS of 22-23  27.15
    Price/BV Ratio 20.85
    Upper price/BV after IPO 


    How Aimtron Electronics IPO compares with the Peers?

    As per DRHP FV Total Income PE Ratio
      Rs. In Cr. @
    Aimtron Electronics 10 72.40                27.15
    Kaynes Technologies 10 1138 131.71
    Vinyas Innovative 10   235   25.74
    Avalon Technologies   2   959   57.72
    Syrma SGS 10 2092     89.33

     

    # This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

    Aimtron Electronics IPO To the point Guidance
    Aimtron Electronics is engaged in the business of providing products and solutions towards electronics system design and manufacturing (“ESDM”) services with a focus on high value precision engineering products. It provides product and solutions right from printed circuit board (“PCB”) design and assembly to the manufacturing of complete electronic systems (“Box Build”), to certain domestic and global manufacturers located in India, United States of America, Hongkong, United Kingdom, Spain, Mexico. 
    Size:  The net offer is of Rs. 82.48 Crore/5123200 shares. Retail portion is Rs. 28.87 crore and it can get one time subscribed with 2241 applications. The size of the IPO is very large, looking to the investor frenzy and one time over subscription may not be an issue. However huge oversubscription may not be seen
    Financial Snapshot:
    Sharp fluctuations have observed in the topline and bottomline of the company during last 3 years. The company has issued bonus shares in the ratio of 4:1 on 18 October 2023 and accordingly, we have reworked EPS of the last 3 years based on enlarged Equity share Capital and accordingly  the EPS for the year 2022-23 comes to Rs. 5.93 and the shares at upper price band is offered at Rs. 161 /PE Ratio of 27.15. In comparison to Kaynes and Syrma SGS, the shares are offered at very low PE multiple. However, this company cannot be compared with Kaynes and SGS, since there is huge difference in the business volume. Looking to the size of its business and current market fancy, we expect small listing gain for this IPO. Apply.

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    Aimtron Electronics
    IPO GMP today details?

    Aimtron Electronics IPO

    Aimtron Electronics IPO FAQs

    What is Aimtron Electronics IPO?

    Aimtron Electronics is a SME IPO of 5404800 equity shares of the face value of Rs. 10 aggregating up to Rs.87.02 Crores. The issue is priced at Rs.153-161 per share. The minimum order quantity is 800 Shares.

    When will Aimtron Electronics IPO open?
    Aimtron Electronics IPO opens on May 30, 2024, and closes on June 6, 2024.

    What is the lot size of Aimtron Electronics IPO?
    Aimtron Electronics IPO lot size is 800 Shares, and the minimum amount required is Rs.128800.

    How to apply for Aimtron Electronics IPO?
    You can apply in Aimtron Electronics  IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

    When is Aimtron Electronics IPO allotment?
    The finalization of Basis of Allotment for Aimtron Electronics  IPO will be done on 4 June, 2024, and the allotted shares will be credited to your demat account by June 5, 2024.

    When is Aimtron Electronics IPO listing date?
    Aimtron Electronics IPO listing date is June 6, 2024.

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