About Aimtron Electricals Limited
Aimtron Electricals Limited is launching its IPO. The IPO opens for subscription on 30th May and will close on 03rd June 2024.
Disclaimer: This stock will trade with a lot size of 800 shares in the SME segment on the listing.
What does Aimtron Electricals Limited do?
Incorporated in 2011, Aimtron Electricals Limited provides electronics system design and manufacturing (ESDM) services, focusing on high-value precision engineering products. The company offers PCB design, assembly, and complete electronic system manufacturing for manufacturers in India, the USA, Hong Kong, the UK, Spain, and Mexico.
The company’s offerings include printed circuit board assembly (PCBA), box-build assemblies, and end-to-end design solutions from conceptualization to manufacturing. The company operates two manufacturing facilities in Vadodara, Gujarat, and Bengaluru, Karnataka, staffed by 132 employees, including 30 engineers. ISO 13485:2016 certification for Quality Management Systems for medical devices, ISO 14001:2015 certification for Environmental Management Systems for high-tech electronic assemblies, and EN ISO 9001:2015 certification for Management Systems applicable to high-tech electronic assemblies are held by the company.
Schedule/Timeline of Aimtron Electricals Limited IPO
| Issue Period | 30th May to 3rd June 2024 |
| UPI Mandate Deadline | Until 5 PM on the issue closing day |
| Allotment Finalization | June 04, 2024 |
| Refund Initiation | June 05, 2024 |
| Share Credit | June 05, 2024 |
| Listing Date | June 06, 2024 |
| Mandate end date | June 18, 2024 |
| Lock-In End Date for Anchor Investors (50%) | July 04, 2024 |
| Lock-In End Date for Anchor Investors (Remaining) | September 02, 2024 |
Note: Given that the above schedule is tentative, it should be noted that the anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares, and 90 days after for the remaining portion.
How do I apply to the Aimtron Electricals Limited IPO?
You can apply for the Aimtron Electricals Limited IPO using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept the UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
Where do I check the allotment status for Aimtron Electricals Limited IPO?
You can check the allotment status for the Aimtron Electricals Limited IPO on the website of the Registrar and Transfer agent. Alternatively, you can also check the allotment status on the NSE website.