Amber Enterprises-owned IL JIN Electronics picks bankers for Rs.3,500 crore IPO
New Delhi, July 24 -- IL JIN Electronics, a subsidiary of Amber Enterprises India Ltd, is seeking to raise Rs.3,500 crore through an initial public offering (IPO) and has appointed Axis Capital Ltd, Jefferies and Motilal Oswal Financial Services Ltd as advisors for the listing, according to three people close to the development.
The electronics manufacturing firm is expected to file its draft papers soon and is targeting a listing by the end of 2026-27, the people said. The issue is likely to have a larger primary along with a secondary share sale, they added.
Incorporated in 2001, the company is engaged in the assembly of printed circuit board assemblies and the manufacturing of box-build units. It caters to a wide range of application...
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