IL JIN Electronics (India) Ltd., a subsidiary of Amber Enterprises India Ltd., has filed its draft IPO papers with SEBI to raise up to Rs.2,500 crore. The proposed issue will comprise a fresh issue of equity shares, with the company also considering a pre-IPO placement of up to Rs.500 crore.
The electronics manufacturing company operates 11 manufacturing facilities and has business operations across printed circuit board assembly, bare PCBs, power electronics and industrial automation. Its FY26 revenue increased 49% to Rs.3,268.5 crore, while net profit nearly doubled to Rs.128.2 crore from Rs.66.27 crore in FY25.
Of the proposed IPO proceeds, approximately Rs.1,636 crore is earmarked for debt repayment and Rs.189 crore for purchasing plant, machinery and equipment. The remaining amount is intended for general corporate purposes. The company has not yet announced the price band or issue opening date.
