Aimtron Electronics Limited, a fast-growing player in the Electronics System Design and Manufacturing (ESDM) sector, has raised around ₹100 crore through the issuance of convertible warrants to select investors. The funding round, approved by the company’s board, saw participation from the promoter group, including Mukesh Vasani and Nirmal Vasani, alongside several institutional investors. The issue involves up to 14,79,000 warrants priced at ₹666 each, convertible into one equity share, collectively valued at nearly ₹98.5 crore.
The funds will support the development of a state-of-the-art greenfield facility on a 3-acre site, aimed at expanding Aimtron’s production capacity and advancing its box-build and system-level integration business. The new plant will feature up to five high-tech Surface Mount Technology (SMT) lines and full-scale assembly capabilities, positioning Aimtron to pursue its revenue goal of ₹1,000 crore.
Commenting on the development, Mukesh Vasani, CEO of Aimtron Electronics, said the investment will help create a future-focused production hub supporting India’s self-reliance objectives. Nirmal Vasani, Global COO, highlighted that the facility will enable Aimtron to handle high volumes, reduce lead times, and deliver fully integrated solutions under one roof—strengthening India’s position as a reliable global manufacturing partner. The company is also scaling its presence in strategic industries such as aerospace, defense, telecom, IoT, and AI-powered solutions, backed by modern infrastructure and a skilled workforce.
Established in 2011, Aimtron Electronics provides a full range of electronics manufacturing and design services, with operations in Vadodara, Ahmedabad, Bengaluru, and a parent firm based in Chicago, USA. Aimtron serves diverse industries including automotive, healthcare, industrial automation, gaming, and robotics, working towards its mission of delivering next-generation technologies globally.
