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An IPO for Elin Electronics, a provider of electronic manufacturing services, will be held next week on December 20 and will close on December 22. There is a price band of Rs 234-247 per share for the IPO. In total, the company plans to raise Rs 475 crore. Shares worth Rs 175 crore will be issued in a fresh issue, while Rs 300 crore will be sold in an offer for sale by promoters and shareholders. Akash Sethia, Elin Electronics and Sanjeev Sethia, Elin Electronics speak to ET NOW about capital expenditures and expansion plans. Listen in
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