EnSilica To List on LSE’s AIM Market

EnSilica has raised £6 million through a placing and subscription of 12,000,000 Ordinary Shares at a price of 50p per share and will open with a market capitalisation of £37.6 million

ASICs designer EnSilica is set to be listed on the London Stock Exchange’s AIM market. 

Trading is expected to begin from 24 May under the ticker ENSI. AIM is the LSE’s market for small and medium sized growth companies, with over 1,200 companies listed on it.

The UK-headquartered specialist designer and supplier of mixed signal ASICs has, in connection with the Admission, EnSilica has raised £6 million (USD 7.4m) through a placing and subscription of 12,000,000 Ordinary Shares at a price of 50p per share and will open with a market capitalisation of £37.6 million (USD 46.6m).

The company designs ASICs for system developers working across the automotive, satellite and healthcare sectors. Its CEO, Ian Lankshear said “Our quoted status will provide an ideal platform from which to accelerate a number of growth initiatives, which will ultimately further expand both market reach and customer footprint.

- Advertisement -

“Having developed a reputation of excellence and innovation over the past 21 years, we firmly believe our mixed signal and RF design and supply capabilities are ideally placed to further capitalise on the significant demand for ASICs across our key markets.”

- Advertisement -
Loading form…

Industry's Buzz

Vimag Labs Starts Manufacturing at Haryana Facility, Plans ₹50 Crore Investment

0
The company also plans to expand into high-power motor and control systems rated at 570 kW Vimag Labs has commenced operations at its first manufacturing...
Image for representation purpose

India And UK Target Electronics Supply-Chain Cooperation Under Trade Pact

0
India and the UK are targeting deeper cooperation in electronics manufacturing, supply chains and semiconductor R&D under their trade pact, as both countries aim...
Image for representation purpose

Malaysia Targets Higher-Value E&E Activities To Cut Semiconductor Cycle Risks

0
Malaysia is diversifying its E&E value chain to reduce semiconductor cycle risks, strengthen domestic supply chains and move local companies towards higher-value technologies such...
Tata Electronics

Tata’s Jagiroad Plant to Serve Mobile, Automotive, and AI Chips

0
Tata Electronics’ ₹27,000-crore semiconductor assembly and testing facility in Jagiroad, Assam, has begun pilot activity, marking progress towards expanding India’s chip packaging capacity for...
Smartphone market

Global Smartphone Shipments Drop 20% to Lowest Q3 Level Since 2012

0
Surging memory chip costs and AI-driven component shortages force vendors to hike retail prices and constrain volumes.  Global smartphone shipments plummeted 20 per cent year-on-year...

Learn From Leaders

Does India’s Chip Packaging Growth Need Local Materials At Scale?

0
What will it take for specialised semiconductor materials manufacturing to grow in India? Packaging volumes will be a key factor as OSAT facilities move...
Ronak Kumar Samantray, Founder, TM2Space Technologies Pvt Ltd.

“Our goal is to build data centres in space.” – Ronak Kumar Samantray, TM2Space

0
A space startup aims to build orbital data centres, letting users run AI models and store data on satellites while also supplying satellite hardware...

India’s Photonics Puzzle Is Finally Coming Together 

0
Can India turn its scattered photonics capabilities into a stronger industry? A new association aims to connect the ecosystem and strengthen the domestic value...
Jin Bains, CEO, Mini-Circuits

Mini-Circuits CEO Jin Bains on Navigating High-Frequency Component SWaP-C Constraints, Emerging Markets, and Career...

0
In this exclusive, Jin Bains, Chief Executive Officer (CEO) of Mini-Circuits, explains in a conversation with Dilin Anand of EFY about areas of emerging...

India Needs Not a Hundred, But Thousands of Chip Diversified Companies 

0
Can India build a semiconductor ecosystem beyond fabs? Indiesemic believes thousands of diversified chip companies are needed to make that possible. India’s semiconductor push is...

Startups

Compcarta Reduces The Cost And Complexity Of End-To-End Chip Design

0
Building a chip should not require assembling an entire design ecosystem. A Noida-based startup is developing a browser-based EDA platform that aims to reduce...
PowerMon

Aquaexchange Brings Monitoring And Automation To Shrimp Farming

0
The startup has developed an AI- and IoT-enabled platform that helps shrimp farmers manage farms, access financing, monitor operations, and connect with markets. The startup...

Drone-Like Aircraft For Logistics From BluJ Aerospace

0
Hyderabad-based BluJ Aerospace is developing indigenous electric and hydrogen-powered vertical take-off and landing (VTOL) aircraft for remote cargo transport. BluJ Aerospace, a Hyderabad-based aerospace startup...
Jash Jetly, Co-founder and CEO of EVE

“The cloud isn’t the only way to run AI. We’re proving it can happen...

0
A startup is building a decentralised AI and communication network that runs across everyday devices instead of centralised cloud servers. In an interview, Jash...
Mohit Gupta, founder and CEO, TYLsemi

Building AI Chips, One Block at a Time 

0
What if building an AI chip became as simple as assembling reusable blocks? The startup is working to make custom silicon accessible beyond the...