Aimtron Electronics IPO opens today: Check issue size, price band, GMP and other details
Aimtron Electronics opened for subscription on Thursday and will close on June 3. The company aims to raise about Rs 87 crore through the SME IPO and list the shares on the NSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the issue.
1) About Aimtron Electronics
The company is engaged in the business of providing products and solutions for electronics system design and manufacturing (ESDM) services with a focus on high-value precision engineering products.
2) Industry overview
The global electronics manufacturing services (EMS) market is projected to reach $1145 billion by 2026, registering a CAGR of 5.4% during the forecast period 2021-2026. From $9.8 billion in 2021, India’s domestic demand for consumer electronics is seeing significant growth and is expected to touch $21.18 billion by 2025
3) Aimtron Electronics IPO size
The IPO is entirely a fresh equity issue of 54 lakh shares and through the issue, the company aims to raise nearly Rs 87 crore.
4) Aimtron Electronics IPO price band
The company is offering its shares at Rs 153-161 apiece, and investors can bid for 800 shares in 1 lot.
5) Aimtron Electronics IPO financial performance
For the period ended December 2023, the company clocked revenues of Rs 67.74 crore and net profit of Rs 9.76 crore.
6) Objects of the offer
The net proceeds from the public offer will for repayment of debt, funding capital expenditure, working capital requirements and other general corporate purposes.
7) Lead managers
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