Rs 419.50 crore order book: Integrated ESDM company bags order worth Rs 4.62 crore from Vanix Technologies Pvt Ltd
DSIJ Intelligence-1Categories: Mindshare, Trending
The stock is up by 94 per cent from its 52-week low of Rs 358 per share.
Aimtron Electronics Limited has been awarded a new domestic order from Vanix Technologies under a Memorandum of Understanding (MoU) that was signed in December 2024. The contract is for the manufacture of 50,000 Industrial Internet of Things (IIoT) and Artificial Intelligence (AI) devices. This is a Complete Box Build product order and is valued at Rs 4.62 crore.
The production for this significant order is set to begin in October 2025, with the company aiming to complete the entire delivery by the end of the year. This initial order is part of a larger strategic plan. Over the next five years, Aimtron expects to produce between 250,000 and 2 million IoT devices for Vanix Technologies, positioning itself as a key player in India's electronics manufacturing sector.
This collaboration is also seen as a strong alignment with the Indian government's "Make in India" and "Atmanirbhar Bharat" initiatives, which aim to boost the nation's self-reliance in electronics and smart manufacturing. According to both companies' leaders, the partnership leverages Aimtron's manufacturing expertise and Vanix's innovation to meet the increasing demand for digital infrastructure in India's IIoT market, which is projected to see substantial growth in the coming years.
About the Company
Aimtron Electronics Limited specialises in the design and manufacture of high-quality electronic components, consistently delivering superior performance optimisation. Their extensive product portfolio spans from printed circuit boards (PCBs) to complete electronic assemblies. The company is renowned for its expertise in quick-turn prototyping, high-volume PCB assembly, and bespoke design solutions. Aimtron serves a diverse range of industries, including medical, military, automotive, consumer, commercial, gaming, and alternative energy, among many others, establishing its brand as a leader in innovative electronics manufacturing.
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In March 2025, Ashish Kacholia sold 5,32,000 shares or 2.61 per cent, which includes his firm's stake of 1.50 per cent. The company has a market cap of Rs 1,300 crore with an order book of Rs 419.50 crore. The shares of the company have an ROE of 25 per cent and an ROCE of 29 per cent. The stock is up by 94 per cent from its 52-week low of Rs 358 per share.
Disclaimer: The article is for informational purposes only and not investment advice.