Bengaluru, 4rd September 2025 – UKB Electronics Limited, an electronic manufacturing services (“EMS”) provider with end-to-end capabilities in product design, prototyping and manufacturing electronic and electrical products and solutions has filed its Draft Red Herring Prospectus (“DRHP”) with market regulator Securities and Exchange Board of India (“SEBI”).
The Company plans to raise funds through offer of equity shares through initial public offerings aggregating up to ₹8000 million [₹800 Crore].
The offer comprises of fresh issue of equity shares aggregating up to ₹4000 million [₹400 crore] (The “Fresh Issue”) and offer for sale by Selling Shareholders aggregating up to ₹4000 million [₹400 Crore]. (The “Offer for Sale”). Company may offer a discount on the offer price to eligible employees bidding in the employee reservation portion.
The Company proposes to utilize the Net Proceeds towards (i) Pre-payment or re-payment, in full or in part, of certain outstanding borrowings; (ii) Purchase of plant and machinery for our existing Manufacturing Facilities; and (iii) General corporate purposes.
UKB Electronics is one of the few homegrown players in India, among the peers considered, with the ability to cover the entire lifecycle of product manufacturing with capabilities from designing to manufacturing.The Company operates in Consumer Electronics, Aerospace & defense, Mass Transporttion, Automobile (including e-mobility), Industrial & renewable segment. The company is one of the leading manufacturers in India with end-to-end capabilities to manufacture Electronic Distribution system, AssemblyCords, PCBAs, e-mobility charging solutions and its diverse product portfolio has enabled us to cater to both B2B2C and B2B2B markets. Company has 170 global product certifications and exports its products to 17 Countries The company operate 11 strategically located Manufacturing Facilities across Pune (Maharashtra), Ahmednagar (Maharashtra), Noida (Uttar Pradesh), Ghiloth (Rajasthan), Goa, Sri City (Andhra Pradesh), and Chennai (Tamil Nadu).
The company serves leading original equipment manufacturers (“OEMs”), including Fortune 500 companies and multinational corporations such as LG Electronics India Limited, Panasonic Appliances India Company Limited, Carrier Midea India Private Limited, Haier Appliances India Private Limited.
The Equity Shares offered through the Red Herring Prospectus are proposed to be listed on the BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE”). (The “Listing Details”).
Motilal Oswal Investment Advisors Limited and IIFL Capital Services Limited are the Book Running Lead Managers to the issue. (The “BRLMs”).