Aimtron Electronics Ltd

Aimtron Electronics Ltd IPO

IPO Price Range: ₹153 - 161

We are 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. We provide 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. Our solutions primarily comprises of: (i) printed circuit board assembly (PCBA), (ii) any boxbuild assemblies in addition to finding its application in battery management systems used in electrical vehicles (iii) design solutions offering end to end services.

Min Investment

₹1,28,800

IPO Size

₹87 Cr

IPO Status

Closed

Quantity in 1 Lot

800

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of Aimtron Electronics Ltd

Open Date30 May 2024
Close Date3 Jun 2024
Allotment Date4 Jun 2024
Listing Date6 Jun 2024

Key Statistics

Bid Opening DateBid Opening Date30 May 2024
Bid Closing DateBid Closing Date3 Jun 2024
Allotment DateAllotment Date4 Jun 2024
Issue SizeIssue Size₹87.02Cr
Quantity in 1 lotQuantity in 1 lot800

Strength and risks

Strength

Strength

  • We offer a diversified range of products.

  • Engineering expertise with complex product manufacturing capability.

  • Long term and well-established relationships with OEM customers.

  • Quality Assurance.

  • Experienced and Qualified Management and Employee base.

  • Stable financial performance.


Risk

Risk

  • Its business is dependent on the sale of the company products and services to certain key customers including its Group Companies. The loss of any of these customers or loss of revenue from sales to these customers could have a material adverse effect on its business, financial condition, results of operations and cash flows.

  • The company operates in highly competitive markets, and the scale and resources of some of its competitors may allow them to compete more effectively than the company can, which could result in a loss of its market share and a decrease in the companys net revenues and profitability.

  • The company is significantly dependent on revenue from sale of PCBA. An inability to anticipate or adapt to evolving up gradation of the required products or inability to ensure product quality or reduction in the demand of these products may adversely impact its revenue from operations and growth prospects.

  • The company has a history of net losses and its current profits does not reflect its future performance.

  • Its business is dependent on the companys manufacturing facilities and the company is subject to certain risks in its manufacturing process. Technology failures, Cyber-attacks, other security breaches or obsolescence, destruction, theft, breakdowns of its major plants or machineries or failures to repair or maintain the same could have a material adverse effect on its business, results of operation or financial condition may affect its business, cash flows, financial condition and results of operations.

  • Inventories and trade receivables form a major part of its current assets. Failure to manage the companys inventory and trade receivables could have an adverse effect on its sales, profitability, cash flow and liquidity.

  • There are certain discrepancies/errors noticed in some of its corporate records relating to forms filed with the Registrar of Companies and other provisions of Companies Act, 1956/ 2013. Moreover the company is unable to trace some of its historical records. Any penalty or action taken by any regulatory authorities in future, for non- compliance with provisions of corporate and other law could impact the reputation and financial position of the Company to that extent.

  • The company has in the past been in non-compliance with certain reporting requirements under FEMA Regulations, within the prescribed period.

  • Any delay, interruption or reduction in the supply of raw materials to manufacture its products may adversely affect its business, results of operations, cash flows and financial condition.

  • The company business is substantially dependent on its design and engineering teams to accurately carryout the estimates and engineering studies for potential orders. Any deviation during the execution of the order as compared to its estimates could have a material adverse effect on its cash flows, results of operations and financial condition.

Promoters Holding

Investors Holdings %
Mukesh Jeram Vasani81.99%
Nirmal M Vasani7.95%
Sharmilaben Lakhanbhai Bambhan0%

About Aimtron Electronics Ltd

OrganisationAimtron Electronics Ltd
HeadquartersWaghodia
IndustryElectronics

Frequently Asked Questions

  • What is the size of the Aimtron Electronics Ltd IPO?

    The size of the Aimtron Electronics Ltd IPO is ₹87.02Cr .

  • What is 'pre-apply' for Aimtron Electronics Ltd IPO?

    'Pre-apply' for Aimtron Electronics Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Aimtron Electronics Ltd IPO order be placed?

    Your Aimtron Electronics Ltd IPO order will be placed on 30 May 2024.

  • What are the open and close dates of the Aimtron Electronics Ltd IPO?

    The open and close dates of the Aimtron Electronics Ltd IPO are 30 May 2024 to 3 Jun 2024.

  • What is the lot size and minimum order quantity of the Aimtron Electronics Ltd IPO?

    The lot size and minimum order quantity of the Aimtron Electronics Ltd IPO are 800 and 800 respectively.

  • What would be the listing gains on the Aimtron Electronics Ltd IPO?

    The potential listing gains on the Aimtron Electronics Ltd IPO will depend on various market factors and cannot be predicted with certainty.