Aimtron Electronics IPO, Fresh issue of 58,70,400 shares worth INR 87.02cr to repay borrowings, fund new machinery, and support working capital and corporate needs.
Open Date : May 30, 2024 Close Date : June 3, 2024 Allotment Date: June 4, 2024 Listing Date: June 6, 2024
IPO Price: INR 153-161 per share Lot Size: 800 Shares Total Issue Size: INR 87.02 crores
Aimtron Electronics financial analysis shows mixed performance 1. Revenue up year-over-year, mid-year drop. 2. Equity rose & Profitability surged. 3. EPS improved & RoNW grew. 4. Assets increased & Inventory turnover declined.
1. Aimtron: Moderate equity and assets. 2. Kaynes Technology: Varying performance in equity, EPS, and assets. 3. Vinyas Innovative Technologies: Diverse financial metrics. 4. Avalon Technologies: Strong market diversity. 5. Syrma SGS Technology: Highlighting diverse performance in equity, EPS & assets.
Aimtron Electronics IPO main objective 1. Repay outstanding borrowings. 2. Fund capital expenditure for new plant and machinery. 3. Meet working capital needs.
Aimtron Electronics IPO risk : 1. Heavy dependence on key customers. 2. Vulnerability to market dynamics. 3. Intense competition in the ESDM industry. 4. Uncertainties in PCBA sales. 5. Technological advancements affecting financial stability.