Newsletter
UKB Electronics, a company that makes parts for big names like LG and Panasonic, has filed papers to raise ₹800 crore through an initial public offering.
What they do: UKB Electronics is an Electronics Manufacturing Services (EMS) provider that designs, develops, and produces a wide range of electrical and electronic components.
The deets: the IPO will be split into two parts: a ₹400 crore fresh issue (new shares, which will bring fresh money into the company) and a ₹400 crore offer-for-sale (existing promoters selling some of their shares).
The money from the new shares is expected to go into expansion and strengthening operations, as the company has already seen its profits jump 70% in FY25.
Why it matters: for everyday investors, this IPO is interesting because UKB is already a trusted supplier to global electronics giants. With India’s push to boost domestic electronics manufacturing, companies like UKB are expected to benefit from higher demand and localization policies.
