Aimtron Electronics has stated that it will issue convertible warrants on a preferential basis in order to raise about INR 100 crore. Along with a number of well-known investors, the promoter group, which comprises Mukesh and Nirmal Vasani, is participating in the round.
Aimtron Electronics’ Board of Directors has authorized the issuance of up to 14,79,000 warrants of the company at a price of INR 666 each, convertible into one fully paid-up equity share of the company with a face value of INR10 at a premium of INR656 to the proposed allottees, for a total of INR 98,50,14,000.
With a sales target of INR 1000 crore, Aimtron will use the fund to establish a new greenfield manufacturing facility, allowing it to consolidate its expanding box-build projects and system-level, end-to-end integration operations under one roof.
Up to five sophisticated Surface Mount Technology (SMT) lines and end-to-end assembly units will be housed at the future greenfield complex, which will occupy three acres of land. In line with the Make in India strategy, this expansion represents a major step forward in increasing manufacturing capacity and strengthening capabilities in a high-value, sophisticated ESDM facility.
With the help of improved infrastructure and skilled technical teams, Aimtron is also aggressively entering high-growth industries like aerospace and defense, telecom and network security, IoT, and AI-driven applications.
Leadership Comments
Mukesh Vasani, CEO of Aimtron Electronics Limited, said, “This fundraise accelerates our already above-average growth trajectory by enabling the creation of a future-ready manufacturing ecosystem. Riding the momentum of the ‘Make in India’ and ‘Aatmanirbhar Bharat’ initiatives—and backed by the vision of our progressive government and committed investors—we are setting up a high-value, advanced ESDM facility. This new facility will empower us to innovate, scale, and compete at a global level.”
“There is a growing global shift toward value-added manufacturing from India, and Aimtron is at the forefront of this momentum. The new facility will enhance our ability to offer end-to-end box-build solutions under one roof, reduce lead times, and manage high volumes for efficient and reliable electronic solutions across industries. It marks a significant step forward in our ambition to position India as a scalable and dependable global manufacturing partner,” said Nirmal Vasani, Global Chief Operating Officer, Aimtron Electronics Limited.
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