Il Jin Electronics India Limited Files Draft Red Herring Prospectus With SEBI For Initial Public Offering  

Il Jin Electronics India Limited, recognized as one of the leading, vertically integrated, technology-driven electronics design and manufacturing players in India by revenue in fiscal 2026 according to a Frost and Sullivan report, has filed its Draft Red Herring Prospectus with the Securities and Exchange Board of India to raise funds through an initial public offering comprising a fresh issue of equity shares aggregating up to twenty-five thousand million rupees or two thousand five hundred crore rupees. Operating across four business verticals—electronics manufacturing services including printed circuit board assembly and box build solutions, bare printed circuit board manufacturing, power electronics, and industrial automation—the company plans to utilize the net proceeds towards the repayment or prepayment of certain outstanding borrowings and accrued interest of the company and its subsidiaries, Ascent Circuits Private Limited and Shogini Technoarts Private Limited, estimated at sixteen thousand three hundred sixty million rupees, the purchase of plant, machinery, and equipment for manufacturing units estimated at one thousand nine hundred fifty-three point four one crore rupees, and general corporate purposes.

The company operates eleven strategically located manufacturing facilities, with ten in India across Noida, Greater Noida, Pune, Chennai, Hosur, and Bengaluru, and one in Israel, alongside six additional facilities currently under construction to support future capacity expansion. Motilal Oswal Investment Advisors Limited, Axis Capital Limited, and Jefferies India Private Limited are appointed as the book running lead managers to the issue.