Aimtron gears up for growth with high-tech ESDM facility on 3-acre campus

By Staff Report July 15, 2025 2:27 pm IST

Aimtron Electronics has raised ₹100 crore to set up a new high-tech ESDM facility on a 3-acre campus, boosting its box-build and system integration capacity.

Aimtron Electronics Limited, a rapidly developing participant in the Electronics System Design and Manufacturing (ESDM) arena, has announced a fundraise of about ₹100 crore through the issue of convertible warrants on a preferred basis. The promoter group (Mukesh and Nirmal Vasani) and a group of marquee investors participated in the round.

The company’s Board of Directors has approved the issuance of up to 14,79,000 warrants at ₹666 each. These warrants, convertible into one fully paid-up equity share of 10 with a premium of 656, will raise 98.5 crore from prospective allottees.

The money will be used to create a new greenfield manufacturing facility to support Aimtron’s expanding box-build and system-level integration projects. This strategic approach aligns with the company’s objective to exceed ₹1,000 crore in revenue.

The proposed 3-acre complex will house up to five modern Surface Mount Technology (SMT) lines as well as full end-to-end assembly units. It is intended to dramatically increase Aimtron’s production capacity and technical capabilities in high-value, complicated electronics manufacturing, therefore promoting the Make in India initiative.

Mukesh Vasani, CEO, Aimtron Electronics “This fundraiser accelerates our already above-average growth trajectory by enabling the creation of a future-ready manufacturing ecosystem. With support from the ‘Make in India’ and ‘Aatmanirbhar Bharat’ initiatives and the confidence of our investors, we are building a high-value ESDM facility that will help us innovate, scale, and compete globally.”

Nirmal Vasani, Global COO of Aimtron Electronics, stated, “Aimtron is spearheading the global manufacturing shift towards value-added solutions from India. The new facility will enable us to provide complete box-build solutions under one roof, reduce lead times, and produce high-volume, dependable electronic systems across a wide range of industries.”

Aimtron is also expanding into high-growth industries such as aerospace and defence, telecom and network security, IoT, and AI-driven applications, aided by improved infrastructure and a professional technical team.