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IL JIN Electronics appoints 3 bankers for ?3500 crore IPO

IL JIN Electronics, a leading precision electronics manufacturer, has assigned Axis Cap­ital Ltd, Jef­fer­ies and Motilal Oswal Fin­an­cial Ser­vices Ltd as its Merchant Bankers to manage its IPO process. IL JIN Electronics, a subsidiary of Amber Enter­prises India Ltd, is looking to raise ?3500 crore through an Initial Public Offering (IPO).

Jagat JoshiJagat Joshi
5 November 2026
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IL JIN Electronics IPO
IL JIN Electronics IPO
As per the source, the firm is planning to file its draft papers soon and aims to list its shares before the end of 2026-27. The IPO will most likely have both a fresh issue and an OFS component.

In 2017, Amber Enterprises bought 70% ownership in IL JIN for ?55 crore. Later in 2025, Amber increased its ownership to 90% from 70% through debenture conversion and secondary share purchases.

With over 20 years of experience, IL JIN Electronics has become a trusted name in electronics manufacturing services (EMS), offering high-precision PCBs to advanced system-level integration. Its services cater to a wide range of industries including consumer electronics, automotive, telecommunications, and renewable energy. 

Founded in 2001, it has a product range that includes air con­di­tion­ers, wash­ing machines, microwave ovens, auto­mot­ive elec­tron­ics, and energy meters, and pro­duces box units for smart­watches, True Wire­less Ste­reo devices, and set-top boxes. Its manufacturing facilities are situated in Chen­nai and Greater Noida.

IL JIN Electronics has grown its presence across elec­tron­ics man­u­fac­tur­ing ser­vices value chain, includ­ing bare prin­ted cir­cuit board (PCB) man­u­fac­tur­ing and oth­er­tech driven ver­tic­als. 

Moreover, the firm is buying a stake in Power-One Micro Systems and Unitronics, which will help it strengthen its market position. 

IL JIN derives revenue from various industries; 45–50% of its revenue comes from the consumer durables segment, 15–18% from smartwatches, 15–18% from the automobile, and around 11% comes from the telecom sector. The remaining comes from the Defence, Energy, and Industrial sectors, making its business diversified.

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DisclaimerThis article is for informational purposes only. Grey Market Premium (GMP) data is unofficial and should not be considered as guaranteed listing prices. Please conduct your own research before making any investment decisions.
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