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Aimtron Electronics Ignites Market Excitement with 50% Premium, lists at ₹241 on NSE SME

Aimtron Electronics debuted on the NSE SME with shares surging 50%, opening at ₹241. This strong start, well above the ₹161 IPO price, underscored significant investor enthusiasm.
Aimtron Electronics Ignites Market Excitement with 50% Premium, lists at ₹241 on NSE SME

Aimtron Electronics made a remarkable entrance on the NSE SME, with its shares opening at ₹241 each, marking a 50% increase over the IPO price of ₹161. The impressive debut on Thursday highlighted the strong investor interest in the company.

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The Aimtron Electronics IPO garnered significant investor interest, with a total subscription rate of 99.24 times. Retail investors subscribed 71.62 times, Qualified Institutional Buyers 69.93 times, and Non-Institutional Investors an impressive 202.74 times by June 3.

Aimtron Electronics Limited specialises in ESDM services, offering everything from PCB design to fully electronic systems manufacturing. They cater to markets in India, the USA, and several European countries. Their tailored services range from micro-electronics assembly to complete product design, focusing on cost efficiency and supply chain improvements. Operating out of Vadodara and Bengaluru, their facilities deploy advanced technologies to meet varied industry needs.

Aimtron Electronics Limited’s IPO aims to repay debts, enhance operations by upgrading equipment at their Vadodara site, bolster working capital for growth, and allocate funds for general corporate purposes including brand building and meeting business expenses.

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