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UKB Electronics has filed preliminary papers with markets regulator Securities and Exchange Board of India (SEBI), seeking its approval to raise Rs 800 crore through an initial public offering (IPO). The company's proposed IPO is a combination of fresh issue of equity shares aggregating up to Rs 400 crore and an offer-for-sale (OFS) of shares worth Rs 400 crore.

Funds raised through fresh issuance will be deployed for payment of debt, purchase of plant and machinery for the company's existing manufacturing facilities and general corporate purposes. To assist the offering, the company has appointed Motilal Oswal Investment Advisors and IIFL Capital Services as lead managers. 

UKB Electronics is an electronic manufacturing services (EMS) company that handles everything from product design and prototyping to full-scale manufacturing.