Amber’s IL JIN Electronics appoints bankers for proposed ₹3,500 crore IPO
Amber Enterprises subsidiary IL JIN Electronics has appointed Axis Capital, Jefferies and Motilal Oswal for a proposed ₹3,500 crore IPO. The consumer-electronics manufacturer is targeting a listing by end-2026-27, supporting expansion across PCBs, industrial automation and consumer durables.
Reported figures
From the report. Source details below
| 70% stake acquired by Amber for ₹55 crore in | 2017 |
|---|---|
| ₹1,500 crore IPO target reported in July | 2025 |
| FY25 operating income of | ₹1,782 crore |
| FY24 operating income of | ₹913.4 crore |
| FY25 profit of | ₹61.4 crore |
| FY24 profit of | ₹8.5 crore |
| ₹1,750 crore | 2025 fundraise |
Also in the report
- 90.2% Amber holding in FY25
- 30 manufacturing plants across eight states
Other figures
- ₹1,000 crore 2025 QIP
The source
First seen