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

Source Read the source at Mint Published

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