Aimtron Electronics recently garnered in-principle endorsement for its listing on NSE EMERGE. The Initial Public Offering (IPO) of Aimtron Electronics, which is devised on a book-built issue, amounts to a financial implication of INR 87.02 crores. Intriguingly, the issue consists solely of a fresh release of 54.05 lakh shares. Subscription for Aimtron Electronics' IPO is open from May 30, 2024, and will run through June 3, 2024.

The allocation of shares under Aimtron Electronics' IPO is projected to be finalized on Tuesday, June 4, 2024. The company anticipates its IPO to be cataloged on NSE SME, with the provisional listing date set for Thursday, June 6, 2024.

About Aimtron Electronics:

Aimtron Electronics Limited stands as a distinguished entity dedicated to offering manufacturing services. This encompasses the assembly of Printed Circuit Boards (PCBs), among a range of other industrial applications. With its operational bases strategically positioned in Palatine, Illinois, USA, and Bengaluru, India, Aimtron conducts its business activities from these facilities. Furthermore, Aimtron broadens its service spectrum through collaboration with overseas PCB suppliers, notably in China.

About NSE EMERGE

NSE EMERGE is the National Stock Exchange of India's new initiative for small and medium-sized enterprises and startup companies from India. These companies can get listed on NSE without Initial public offering (IPO). This platform helps SMEs and Startups to connect with investors for funding.