Aimtron's ₹100 Crore Boost: Scaling India's ESDM Capabilities

Aimtron Electronics, a leading electronics system design and manufacturing (ESDM) company, has announced a ₹100 crore fundraise through the issuance of convertible warrants on a preferential basis. The round includes participation from the promoter group, including Mukesh Vasani and Nirmal Vasani, along with other marquee investors.

The company’s Board of Directors has approved the issuance of up to 14,79,000 warrants at ₹666 each—convertible into one fully paid-up equity share of ₹10 face value, carrying a premium of ₹656—amounting to a total of ₹98.50 crore.

The capital raised will be deployed toward establishing a greenfield manufacturing facility, enabling Aimtron to scale its box-build projects and end-to-end system integration capabilities, as the company targets ₹1,000 crore in revenue.

The upcoming plant, spread across three acres, will house five advanced Surface Mount Technology (SMT) lines and complete assembly capabilities.

“The new facility will strengthen our ability to deliver comprehensive box-build solutions under one roof and reinforce India’s position as a scalable and reliable global manufacturing hub,” said Nirmal Vasani, Global COO of Aimtron.

News by Rahul Yelligetti.