ILJIN Electronics Secures ₹1,200 Crore Investment to Fuel Expansion and Acquisitions
ILJIN Electronics India Pvt Ltd (ILJIN) has secured a significant investment from ChrysCapital and InCred Capital, enabling the company to expand its operations and explore strategic acquisitions. The Competition Commission of India (CCI) has cleared the deal, which involves the acquisition of certain compulsorily convertible preference shares and equity shares in ILJIN.
ChrysCapital is leading the investment round with a substantial Rs 1,100 crore, while InCred PE will contribute Rs 100 crore. The fundraiser will allow ILJIN, a leading provider of electronic manufacturing services including PCB assemblies, box-built products, energy solutions, and automation solutions, to increase its operations scale and enhance its manufacturing capabilities.
ILJIN has demonstrated impressive financial growth, reporting revenues of Rs 2,194 crore in FY 25, with an operating EBITDA of Rs 151 crore. This represents a compound annual growth rate (CAGR) of 52% from FY22-25. The company's strong performance has attracted the attention of prominent investors.
With the approval from the CCI, ChrysCapital and InCred Capital's investment in ILJIN is set to boost the company's growth trajectory. ILJIN, with its robust financial performance and diverse service offerings, is well-positioned to leverage this investment to expand its operations and explore strategic acquisitions in the electronic manufacturing sector.
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