Aimtron Electronics Limited (NSE SME)
May 30, 2024 - Jun 3, 2024
| Price | ₹153 - ₹161 |
| Premium | ₹25 |
|---|---|
| Lot size | 800 |
| Allotment | Jun 4, 2024 |
| Listing | Jun 6, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 800 | 128800 | 2242 |
| HNI | 2 | 1600 | 257600 | 961 |
Last updated on 03-Jun-2024 17:43:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 1024800 | 71668800 | 69.93 |
| NIB | 768800 | 156134400 | 203.09 |
| RETAIL | 1793600 | 128260000 | 71.51 |
| Total | 3587200 | 356063200 | 99.26 |
| Retail Apps | 160325 | © IPO Premium | |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹43.9 | @8% ₹50.17 | @9% ₹56.44 | @10% ₹62.71 | @11% ₹68.98 | @12% ₹75.25 |
Anchor Details
| Name of Anchor | No. of Shares | % Portion | Amount (cr) |
|---|---|---|---|
| AG Dynamic Funds Limited | 306400 | 19.95% | 4.93 |
| Bengal Finance & Investment Pvt. Ltd. | 306400 | 19.95% | 4.93 |
| Meru Investment Fund-PCC- CELL-1 | 306400 | 19.95% | 4.93 |
| Subhkam Ventures(I) Private Limited | 121600 | 7.92% | 1.96 |
| Finavenue Capital Trust- Finavenue Growth Fund | 120800 | 7.86% | 1.94 |
| Ashika Global Securities Limited | 62400 | 4.06% | 1.00 |
| Astorne Capital VCC-Arven | 62400 | 4.06% | 1.00 |
| Matterhorn India Fund | 62400 | 4.06% | 1.00 |
| Next Orbit Ventures Fund | 62400 | 4.06% | 1.00 |
| Religo Commodity Ventures Fund | 62400 | 4.06% | 1.00 |
| Vikasa India EIF I Fund - Incube Global Opportunities | 62400 | 4.06% | 1.00 |
| Total | 1536000 | 100.00% | 24.73 |
Aimtron Electronics IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 33.19% | 1793600 |
| NII (HNI) | 14.22% | 768800 |
| Anchor | 28.42% | 1536000 |
| QIB | 18.96% | 1024800 |
| Market Maker | 5.21% | 281600 |
| Total | 100.00% | 5404800 |
Aimtron Electronics IPO Details
| Issue Size | 5,404,800 shares (aggregating up to ₹87.02 Cr) |
| Fresh Issue | 5,404,800 shares (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 Hem Finlease |
Key Performance Indicator
| KPI | Dec-23 | Mar-23 | Mar-22 |
|---|---|---|---|
| ROE | 27.04% | 33.44% | -8.61% |
| ROCE | 23.85% | 25.33% | -5.55% |
| RONW | 23.82% | 27.64% | -8.84% |
| D/E | 0.44 | 0.65 | 0.42 |
| EPS (Basic & Diluted) | 6.71 | 10.67 | -3.38 |
| P/E (Pre IPO) | 27.13 |
Company Financials
Aimtron Electronics Limited Financial Information (Restated)
Aimtron Electronics Limited's revenue increased by 169.2% and profit after tax (PAT) rose by 579.15% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period | Dec 2023 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|
| Assets | 8,322.75 | 8,740.02 | 5,904.04 | 3,630.38 |
| Revenue | 6,764.17 | 7,239.98 | 2,689.41 | 5,406.18 |
| Profit | 976.66 | 863.19 | -180.15 | 1,571.72 |
| Net Worth | 4,099.92 | 3,123.26 | 2,038.96 | 2,144.26 |
| Reserves | 2,645.42 | 2,832.36 | 1,969.17 | 2,075.83 |
| Borrowing | 1,821.65 | 2,023.61 | 848.98 | 262.54 |
| Amount in ₹ Lakhs | ||||
About Company
Founded in April 2011, Aimtron Electricals Limited specializes in providing products and solutions for electronics system design and manufacturing (ESDM) services, focusing on high-value precision engineering products. The company offers comprehensive services, including PCB design, assembly, and complete electronic system manufacturing, catering to clients in India, the USA, Hong Kong, the UK, Spain, and Mexico. Aimtron's solutions encompass printed circuit board assembly (PCBA), box build assemblies, and battery management systems for electric vehicles, along with end-to-end design services from conceptualization to manufacturing. Operating two manufacturing facilities in Vadodara, Gujarat, and Bengaluru, Karnataka, the company employs 131 personnel, including a team of 28 engineers to enhance operational efficiency. Aimtron is ISO 13485:2016 certified for Quality Management Systems for medical devices, ISO 14001:2015 certified for Environmental Management Systems for high-tech electronic assemblies, and EN ISO 9001:2015 certified for management systems applicable to high-tech electronic assemblies.
Strength Factors
Diversified Product Range: Aimtron Electricals Limited offers a wide array of products, catering to various market needs and enhancing its competitive edge.
Engineering Expertise: The Company possesses strong engineering capabilities, excelling in the manufacturing of complex, high-value precision engineering products.
Strong OEM Relationships: Aimtron has long-term, well-established relationships with OEM customers, ensuring steady demand and fostering trust in its services.
Risk Factors
Customer Dependency: Aimtron Electricals Limited relies heavily on key customers, including group companies. Losing any of these customers or revenue streams could negatively impact the company's financial health and operations.
Intense Market Competition: Operating in highly competitive markets poses a risk of losing market share to competitors with greater scale and resources, potentially leading to reduced net revenues and profitability.
Revenue Dependency: The company's significant dependence on revenue from the sale of Circuit Board Assemblies makes it vulnerable to risks such as inability to anticipate product upgrades, ensure quality, or meet fluctuating demand, which could adversely affect revenue and growth prospects.
Aimtron Electronics IPO Lead Manager(s)
- Hem Securities Limited
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: aimtron.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html