Aimtron Electronics Ltd IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
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Aimtron

CMP

322.80

+15.35 (4.99%)

  • DRHP
₹161

Offer Price

₹ 87.02 Cr

Issue Size

₹ 1,28,800

Min Investment

800

Lot size

Time Line

  • 30
    May 2024
    Open
  • 03
    Jun 2024
    Close
  • 04
    Jun 2024
    Finalisation of Basis of Allotment
  • 05
    Jun 2024
    Initiation of Refunds
  • 05
    Jun 2024
    Transfer of Shares to Demat Account
  • 06
    Jun 2024
    Listing Date

Objects of the Offer

  • Cater to more end-use industries.

  • Continue to reduce operating costs and improve operational efficiencies.

  • Increase our geographical reach and expand our customer base.

  • Expand our Manufacturing facility towards backward integration

Strengths

  • 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.

Risks

  • 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 company`s 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 company`s 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.

Company Promoters

Promoters Holding

Issue For IPO
23.82%
Pre Holding

89.94%

Post Holding

66.12%

Top Promoters Holding

Financials

All values in Cr

Mar-2022 Mar-2023 Mar-2023 3-Yr trend
Revenue 26.32 (-50.10%) 71.58 (172.00%) 27.64 (-)
Gross Profit 26.32 (-50.10%) 71.58 (172.00%) 27.64 (-)
Net Income 26.32 (-50.10%) 71.58 (172.00%) 27.64 (-)
Assets 26.32 (-50.10%) 71.58 (172.00%) 27.64 (-)
Liabilities 26.32 (-50.10%) 71.58 (172.00%) 27.64 (-)

Peers

Company Name Revenue (Cr) Net Profit (Cr) Assets (Cr) Liabilities (Cr) ROE EPS BVPS Current Ratio Debt to Assets
Aimtron Electronics Ltd 71.58 8.63 51.71 20.48 27.64 0.00 107.37 1.80 0.39
Kaynes Technology India Ltd 1,126.11 95.02 1,418.73 1,418.73 9.90 19.84 165.17 6.69 0.14
Vinyas Innovative Technologies Ltd 234.52 7.34 215.99 215.99 19.05 19.62 102.97 3.39 2.22
Avalon Technologies Ltd 944.72 52.50 1,180.32 1,180.32 9.77 9.08 92.66 4.44 0.57
Syrma SGS Technology Ltd 2,048.39 119.32 2,541.16 2,541.16 7.74 7.50 87.28 4.69 0.23

Book Running Managers

  • Hem Securities Ltd

Registrar & Transfer Agent

Link Intime India Pvt Ltd

C-101 247 Park,
L B S Marg,
Vikhroli West - Mumbai-400083
Phone : 91-22-49186000 Fax: 91-22-49186060

Company Contact Information

Plot No 1/A G I D C Estate,
Vadodara,
Waghodia - 391760
Phone : +91 96876 32057 Email : cs@aimtron.com www.aimtron.in

Offer Related Information

Initial public offer of upto 54,04,800 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Aimtron Electronics Limited ("The Company" or "AIL" or "The Issuer") at an issue price of Rs. 161 per equity share for cash, aggregating up to Rs. 87.02 crores ("Public Issue") out of which 2,81,600 equity shares of face value of Rs. 10 each, at an issue price of Rs. 161 per equity share for cash, aggregating Rs. 4.53 crores will be reserved for subscription by the market maker to the... More

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