IPO News Updates: There is good news for people investing in stock market through IPO. Aimtron Electronics IPO is going to open this week. The company’s IPO size is Rs. 87.02 crores. Investors betting on the IPO will get 54.05 lakh new shares. Let’s know all other important things including price –
400% return in 1 year, today the company’s share price fell
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What is emotion? (Aimtron Electronics IPO Price Band)
The Aimtron Electronics IPO will open to retail investors on May 30. The company’s IPO will be open to investors till June 3. The size of the IPO per share is Rs. 153 to Rs. 161 per share. The company has created one lot of 800 shares. Due to which any retail investors have to invest at least Rs 1,28,800.
Allotment of shares by the company will be done on June 4, 2024. At the same time, the listing of the company on the stock market is possible on Thursday, June 6.
400% return in 1 year, today the company’s share price fell
What is GMP? (Aimtron Electronics IPO GMP Today)
The company’s performance in the gray market is excellent. Today i.e. Tuesday, the shares of the company were trading at a premium of Rs 50. If the situation continues till the listing, investors can get 31 percent profit on the first day itself. The good thing from an investor’s point of view is that the company is currently at its highest GMP.
According to an InvestorsGain report, the company’s shares were at a premium of Rs 49 on May 26. That is, since then till now the GMP has increased by 10 rupees.
Retail investors will get at least 35 percent of the IPO. At the same time, a maximum of 50 percent can be reserved for eligible institutional buyers.
What does the company do?
The company manufactures products for Electronics Systems Design and Manufacturing Limited (ESDM). Currently, apart from India, the company sells its products in USA, Hong Kong, UK, Spain and Mexico.