The Amber Enterprises Ltd date has been confirmed from January 17, 2018 and ended on January 19, 2018. Read the post to learn about Amber Enterprises Ltd GMP.
Using an Amber Enterprises Ltd is seeking to raise Rs 600.00 crores. Its price band is set at ₹855 to ₹859 per share. The minimum lot size for an application is 17 Shares. The minimum amount of investment required by retail investors is ₹14,603.
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Key Details Of Amber Enterprises Ltd :
Bidding Dates
January 17-19
Price Range
₹855 to ₹859 per share
Face Value
₹10 per share
GMP
₹3,207.70
Amber Enterprises Ltd IPO GMP
The Amber Enterprises Limited IPO GMP Today is ₹3,207.70.
Amber Enterprises Ltd IPO Overview
Amber Enterprises’ initial public offering (IPO) is a book-built issuance worth Rs 600.00 crores. The offering is a mix of a fresh issuance of Rs 475.00 crores and an offer for sale of Rs 125.00 crores. Amber Enterprises initial public offering (IPO) bidding began on January 17, 2018 and ended on January 19, 2018. Amber Enterprises’ initial public offering (IPO) allotment was completed on Wednesday, January 24, 2018. On January 30, 2018, the shares were listed on the BSE and NSE. The Amber Enterprises IPO price range is ₹855 to ₹859 per share. An application requires a minimum lot size of 17 Shares. Retail investors must make a minimum investment of ₹14,603.
Competitive Strengths
- Market leadership in the RAC OEM/ODM industry in India
- One stop solutions provider for the RAC industry with high degree of backward integration
- Strong customer relationships with the majority of leading RAC brands in India
- R&D and product design capabilities leading to high proportion of ODM business.
Amber Enterprises Ltd IPO Details
| IPO Date | January 17, 2018 to January 19, 2018 |
| Listing Date | January 30, 2018 |
| Face Value | ₹10 per share |
| Price Band | ₹855 to ₹859 per share |
| Lot Size | 17 Shares |
| Total Issue Size | 6,984,866 shares (aggregating up to ₹600.00 Cr) |
| Fresh Issue | [.] shares (aggregating up to ₹475.00 Cr) |
| Offer for Sale | [.] shares of ₹10 (aggregating up to ₹125.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
Amber Enterprises Ltd IPO Company Financials
| Particulars | For the year/period ended (in Rs. million) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | ||
| Total Assets | 12,865.68 | 11,149.91 | 10,058.49 | 8,610.85 | 7,511.64 | |
| Total Revenue | 16,522.55 | 10,921.15 | 12,364.67 | 9,797.00 | 8,823.37 | |
| Profit After Tax | 278.99 | 241.04 | 287.73 | 222.04 | 196.99 | |
Amber Enterprises Ltd IPO Timeline
| IPO Open Date | Wednesday, January 17, 2018 |
| IPO Close Date | Friday, January 19, 2018 |
| Basis of Allotment | Wednesday, January 24, 2018 |
| Initiation of Refunds | Thursday, January 25, 2018 |
| Credit of Shares to Demat | Monday, January 29, 2018 |
| Listing Date | Tuesday, January 30, 2018 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 19, 2018 |
Company Profile
Amber Enterprises Ltd, founded in 1990, is a Punjab-based producer of air conditioners and its components in India. Amber is the world leader in Room Air Conditioner (RAC) design and manufacturing, with a market share of 55.4%. Amber manufactures RACs for eight of India’s top ten RAC brands, including Daikin, Hitachi, LG, Panasonic, Voltas, and Whirlpool. In India, these eight brands account for more than 75% of the market. Our Rajpura facility has a dedicated R&D centre that is equipped with a psychometric lab that is accredited by the
National Accreditation Board for Testing and Calibration Laboratories (NABL) with ISO/IEC 17025:2005 certification, as well as facilities for 3D modelling, quality and product testing, and a dedicated team. In India, the company has ten manufacturing plants spread over seven different regions.
Amber Enterprises Product portfolio:
- Room Air Conditioners (RACs) – This includes window air conditioners and indoor units and outdoor units of split air conditioners.
- RAC Components – Critical and reliability functional components of RACs such as heat exchangers, motors and multi-flow condensers.
- Other Components – Other related components including case liners for refrigerator, plastic extrusion sheets for consumer durables and automobile industry, sheet metal components for microwave, washing machine tub assemblies and for automobiles and metal ceiling industries.
Registrar Info
| Name | Kfin Technologies Limited |
| Phone number | 04067162222, 04079611000 |
| Email ID | [email protected] |
| Website | kosmic.kfintech.com |
Contact Details
| Name | Amber Enterprises India Limited |
| Phone number | +91 1762 232126 |
| Email ID | [email protected] |
| Website | ambergroupindia.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Amber Enterprises IPO FAQs
When Amber Enterprises IPO will open?
The Amber Enterprises IPO opens on January 17, 2018 and closes on January 19, 2018.
What is the lot size of Amber Enterprises IPO?
Amber Enterprises IPO lot size is 17 Shares, and the minimum amount required is ₹14,603.
When is Amber Enterprises IPO listing date?
The Amber Enterprises IPO listing date is on January 30, 2018.
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