Amber Enterprises’ Electronics division gets ₹1,200 crore funding from investors for growth plans

Shares of Amber Enterprises Ltd. will be in the spotlight on Monday, September 8, after ILJIN Electronics India Pvt. Ltd., a material subsidiary and its electronics division announced the securing of ₹1,200 crore in strategic funding from various investors.

Amber said in its exchange filing on Sunday that ILJIN signed separate, definitive agreements with prominent investors, including ChrysCapital and InCred Growth Partners Fund I (InCred PE) along with their respective affiliates for this funding.

ChrysCapital will be leading this funding round with an ₹1,100 crore investment, while InCred PE will put in the remaining ₹100 crore as equity shares and compulsory convertible preference shares. The transaction is subject to regulatory approval.

Through this funding, ILJIN will increase the scale of its operations, expand manufacturing capacities, and also explore strategic and targeted acquisitions to strengthen its market position.
ILJIN, Amber’s Electronics business is in the business of manufacturing bare Printed Circuit Boards (PCB) and PCB assembly for industries such as consumer durables, automotive, telecom, healthcare, renewable energy, aerospace, defence among others. It also provides box-build solutions for smart watches and routers.

For financial year 2025, ILJIN reported revenue of ₹2,194 crore along with an operating Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) of ₹151 crore.

“This will empower us to pursue both organic expansion and strategic inorganic opportunities, reinforcing our leadership in PCB and EMS solutions while contributing to Amber Enterprises’ broader vision of innovation, market leadership and self-reliance,” Amber Enterprises Executive Chairman, CEO and Whole-time Director Jasbir Singh stated.

ILJIN recently announced the acquisition of a controlling stake in Power-One Micro Systems to foray into the Battery Energy Storage Systems (BESS), EV Chargers, UPS, and the Solar Inverter market. The Amber Group has also acquired a controlling sake in Unitronics Plc. based out of Israel, for Industrial Automation solutions.

Shares of Amber Enterprises ended 1.3% higher on Friday at ₹7,798. The stock is up 6% in the last one month, courtesy of which, it has also turned positive on a year-to-date basis.