Aimtron Electronics Limited, a fast-growing Electronics System Design and Manufacturing (ESDM) company, has announced a fundraise of approximately ₹100 crore 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 a host of marquee investors.
The Board of Directors of Aimtron Electronics has approved the issuance of up to 14,79,000 warrants of the company, at the price of ₹666 per warrant each convertible into, for one fully paid-up equity share of the company of face value of ₹10 at a premium of ₹656 aggregating up to ₹98,50,14,000 to the proposed allottees.
Aimtron will use the funds to set up a new greenfield manufacturing facility, enabling Aimtron to scale its growing box-build projects and system-level, end-to-end integration business under one roof, with a revenue target of ₹1000 crore.
The upcoming greenfield facility, spread across 3 acres of land, will house up to five advanced Surface Mount Technology (SMT) lines and end-to-end assembly units. This expansion marks a strategic step forward in boosting production capacity and deepening capabilities in high-value, complex ESDM facility aligned with the vision of Make in India.
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.
Aimtron is also actively expanding into high-growth sectors including aerospace and defense, telecom and network security, IoT, and AI-driven applications, supported by upgraded infrastructure and experienced engineering teams.
