Aimtron Electronics IPO Listing: Shares of Aimtron Electronics were listed on Thursday, making their stock market debut. ₹241.00 per share on the NSE SME, a premium of about 50% to the issue price. ₹161 per share.
Aimtron Electronics’ IPO listing met market expectations, with today’s IPO GMP, or gray market premium today, reaching approximately ₹$25 per share, a premium of over 15%.
Aimtron Electronics’ initial public offering (IPO) opened on May 30 and closed on June 3. Aimtron Electronics’ IPO allotment was finalized on June 4 and the IPO listing date was June 6.
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Aimtron Electricals is a products and solutions provider for Electronic Systems Design and Manufacturing (ESDM) services.
Aimtron Electronics IPO price range ₹From 153 ₹161 per share. At the higher end of the price range, the company ₹The IPO raised Rs 87.02 crore through fresh issue of 54.05 lakh shares.
The public offering witnessed strong demand from all sectors of investors. Aimtron Electronics’ IPO was subscribed for a total of 99.24 times. Till June 3, the subscription figures stood at 71.62 times in the retail segment, 69.93 times in the qualified institutional buyers (QIB) segment and 202.74 times in the non-institutional buyers (NII) segment.
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Hem Securities is the bookrunning lead manager for Aimtron Electronics’ IPO while Link Intime India Private Limited is the IPO registrar.
The Company intends to use the net proceeds of the issuance for the partial repayment of outstanding borrowings, capital expenditures for the installation of additional plant and machinery, working capital requirements and general corporate purposes.
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