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Amber Enterprises India Limited IPO (Amber Enterprises IPO) Detail

Jan 17, 2018 - Jan 19, 2018

Incorporated in 1990, Amber Enterprises India Limited is Punjab based manufacturer of air conditioners and its component in India. With the market share of 55.4%, Amber is the market leader in the Room Air Conditioner (RAC) design and manufacturing. Amber manufacture these RAC's for 8 out of the 10 top RAC brands in India including Daikin, Hitachi, LG, Panasonic, Voltas and Whirlpool. These 8 brands have over 75% of market share in India.

Amber Enterprises Product portfolio:

1. Room Air Conditioners (RACs) - This includes window air conditioners and indoor units and outdoor units of split air conditioners.

2. RAC Components - Critical and reliability functional components of RACs such as heat exchangers, motors and multi-flow condensers.

3. 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.

Company has a dedicated R&D centre located at our Rajpura facility which is equipped with a psychometric lab which is accredited by National Accreditation Board for Testing and Calibration Laboratories (NABL) with ISO/IEC 17025:2005 certification and facilities for 3D modelling, quality and product testing and a dedicated team. Company has 10 manufacturing facilities across seven locations in India.

Competitive Strengths
1. Market leadership in the RAC OEM/ODM industry in India
2. One stop solutions provider for the RAC industry with high degree of backward integration
3. Strong customer relationships with the majority of leading RAC brands in India
4. R&D and product design capabilities leading to high proportion of ODM business.

Company Financials:

Summary of financial Information (Restated Consolidated)
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

Objects of the Issue:

The Offer comprises a Fresh Issue by the Company and an Offer for Sale by the Selling Shareholders.

1. The Offer for Sale
The Selling Shareholders will be entitled to the proceeds of the Offer for Sale of their respective portion of the Equity Shares. Company will not receive any proceeds from the Offer for Sale.

2. Fresh Issue
Company intends to utilize the Net Proceeds from the Fresh Issue towards the following objects:
a. Prepayment or repayment of all or a portion of certain borrowings availed by the Company; and
b. General corporate purposes.

Issue Detail:

  »»  Issue Open: Jan 17, 2018 - Jan 19, 2018
  »»  Issue Type: Book Built Issue IPO
  »»  Issue Size: [.] Equity Shares of Rs 10 aggregating up to Rs 600.00 Cr
    ›  Fresh Issue of [.] Equity Shares of Rs 10 aggregating up to Rs 475.00 Cr
    ›  Offer for Sale of [.] Equity Shares of Rs 10 aggregating up to Rs 125.00 Cr
  »»  Face Value: Rs 10 Per Equity Share
  »»  Issue Price: Rs 855 - Rs 859 Per Equity Share
  »»  Market Lot: 17 Shares
  »»  Minimum Order Quantity: 17 Shares
  »»  Listing At: BSE, NSE

Amber Enterprises IPO Reviews:

  1. Amber Enterprises India Limited IPO review by Dilip Davda

Amber Enterprises IPO Recommendations:

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Issue Subscription Detail / Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & TimeQIBNIIRIIEmployeeTotal
Shares Offered / Reserved1,393,5781,045,1322,438,64150,0004,927,351
Day 1 - Jan 17, 2018 17:00 IST2.02000.10000.88000.33001.0300
Day 2 - Jan 18, 2018 17:00 IST6.03000.49003.61001.25003.6100
Day 3 - Jan 19, 2018 20:00 IST174.9888519.261811.57342.2642165.3806

Amber Enterprises IPO Prospectus

Amber Enterprises IPO Rating

964
4.0
Rating:Rated 4.0 stars

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Amber Enterprises IPO News Alerts

  1. Friday, January 19, 2018 12:00:00 AM
    Amber Enterprises IPO - Close
  2. Wednesday, January 17, 2018 12:00:00 AM
    Amber Enterprises IPO - Open

Company Contact Information

Amber Enterprises India Limited
C-1, Phase – II, Focal Point,
Rajpura Town 140 401

Phone: +91 1762 232126
Fax: +91 1762 232127
Email: info@ambergroupindia.com
Website: http://www.ambergroupindia.com/

Amber Enterprises IPO Registrar

Karvy Computershare Private Limited   »  Report
   Karvy House, 46, Avenue 4, Street No. 1,
   Banjara Hills, Hyderabad - 500 034
   Andhra Pradesh, India

Phone: +91-40-23312454
Fax: +91-40-23311968
Email: amber.ipo@karvy.com
Website: http://karisma.karvy.com

Amber Enterprises IPO Lead Manager(s)

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Amber Enterprises IPO Review / Comments

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216. Subbareddy  Jan 21, 2018 4:36:48 PM IST I Like It. | Report Abuse Reply
Edelweiss ams coming up.. will it worthy to subscribe?
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215. BLuckD  Jan 21, 2018 4:17:15 PM IST I Like It. | Report Abuse Reply
Any idea when HDFC MF ipo will come?
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214. neetu rani  Jan 21, 2018 12:07:01 PM IST I Like It. | Report Abuse Reply
amber ipo really good retail investor
if any body apply ten application
atleast chance of getting one
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214.1. JohnB  Jan 21, 2018 4:10:05 PM IST I Like It. | Report Abuse
I applied 10 :)
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213. venkateshchPQRST  Jan 21, 2018 3:32:38 PM IST I Like It. | Report Abuse Reply
I applied 5 lots of Amber from 5 different accounts
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212. parsaniachetan  Jan 21, 2018 12:16:47 PM IST I Like It. | Report Abuse Reply
I apply one lot but amount on first day block than second day it is unblock. Is it rejected application or not? PleaseAny body can reply me. While I check in bse India. Com bid check application available.
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211. Virat singh  Jan 21, 2018 9:33:51 AM IST I Like It. 1 | Report Abuse Reply
Isme apollo se jyada chances hain allotment milne ke kyunki rii heavily subscribe nhi hua hain due to big share ke amount unblock na karne ki wajah se also issue size bada hain thoda in comparison to apollo
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210. KING VINOD  Jan 19, 2018 4:20:21 PM IST I Like It. 12 | Report Abuse Reply
IPO Mentor IPO Mentor (500+ Posts, 900+ Likes)
Amber Enterprises India Ltd. IPO

Most of the Retails Investors are unable to apply Amber IPO due to Amount not released from Big Share Services Pvt Ltd (Apollo Micro Systems IPO) who Applied.
Still Banks Not yet unblocked the Amount.

All the Best for those who are applied this Amber IPO
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210.6. Bhallal dev  Jan 21, 2018 8:25:40 AM IST I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 600+ Likes)
@ rvr

w.r.t Apollo
should we buy apollo tomorrow ? Are you expecting any UC for 4-5 days ?
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210.7. JohnB  Jan 21, 2018 8:54:14 AM IST I Like It. | Report Abuse
Allotment will be on 24, if not max by 25 Jan. As from issue close date, third day is the allotment day as per sebi
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209. Aniketiaf  Jan 21, 2018 8:06:19 AM IST I Like It. 4 | Report Abuse Reply
Top Contributor Top Contributor (300+ Posts, 1400+ Likes)
Gmp of Amber Enterprises is 450-470
Gmp of Newgen Software is 15-20
Gmp of Apollo Micro is 170-180
Gmp of Galaxy Ltd is 480-500
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208. shyam sunder jaluka  Jan 20, 2018 6:03:39 PM IST I Like It. | Report Abuse Reply
this ipo for long term or listing gain please tell ?
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208.1. Sammy ipo  Jan 20, 2018 11:17:33 PM IST I Like It. 1 | Report Abuse
I think this is for long term considering the future growth and market share of the co. in its product
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207. ketan Malaviya  Jan 20, 2018 2:02:04 PM IST I Like It. 1 | Report Abuse Reply
Allotment ration to koi batavo 100 me se kitne logo ko milega ga WO.....
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207.1. Sammy ipo  Jan 20, 2018 11:12:35 PM IST I Like It. 1 | Report Abuse
For rii for every 100 only 10 will get allotment of shares so chances are 10% only
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206. MMGARG  Jan 20, 2018 9:39:29 AM IST I Like It. | Report Abuse Reply
Good Morning All
I m new in this game.
Can u tell me how is the subscription calculated "on the basis of no. of applications or on the basis of no. of lots applied"
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206.1. AMIT KS  Jan 20, 2018 10:05:37 AM IST I Like It. | Report Abuse
subscription means issue size (number of shares of an ipo) MULTIPLY by number of shares applied by investers.
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206.2. Parveen taragi  Jan 20, 2018 9:49:25 PM IST I Like It. | Report Abuse
Bro lottery based!
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205. Haresh kumar  Jan 20, 2018 6:41:40 PM IST I Like It. | Report Abuse Reply
Amber ipo ka allotment and listing kab hoga?
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204. Kamlesh G Patel  Jan 20, 2018 3:51:42 PM IST I Like It. | Report Abuse Reply
How to bid Application Status Check in Nse Site
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203. T.agarwal  Jan 20, 2018 11:07:28 AM IST I Like It. 3 | Report Abuse Reply
Top Contributor Top Contributor (300+ Posts, 600+ Likes)
*AMBER ENTERPRISES LTD IPO*
*FINAL SUBS.FIGURE*
QIB 175.82X**
NII 521.71X
RII 11.70X
EMP 2.27X
TOTAL 166.19X
**Excluding Anchor
Total No.of FORMS : 14,60,867
*Apps Wise : 10.23X*
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203.1. MAHAVEER DUGGAR  Jan 20, 2018 2:31:48 PM IST I Like It. 1 | Report Abuse
How do you know about no of applications
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202. T.agarwal  Jan 20, 2018 11:07:48 AM IST I Like It. 3 | Report Abuse Reply
Top Contributor Top Contributor (300+ Posts, 600+ Likes)
*AMBER ENTERPRISES LTD IPO*
*FOR HNI/NII GET 1 LOT OF 17 SHARES*
IF THEY HAVE MADE A BID OF 8,870 SHARES
(RS. 76,19,330/-) & MORE
Interest cost for share Rs 448/- only
*LISTING ABOUT = 859+448= 1307/-*
*BUT DUE TO HEAVY OVERSUBSCRIPTION BY THE RII & QIBS, LISTING WILL BE SUPRISING*
Thanks
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201. Karthikn  Jan 20, 2018 12:04:51 PM IST I Like It. 1 | Report Abuse Reply
Got msg from BSE regarding application submitted
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200. Arjun Reddy  Jan 19, 2018 5:33:18 PM IST I Like It. | Report Abuse Reply
I have applied for 340 shares as HNI. can i get at least 17 shares , if luck favoers to me? as issue is over subcribed by 520 times.
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200.4. rsk  Jan 19, 2018 9:05:44 PM IST I Like It. 4 | Report Abuse
please see allotment in sec B for Astron, if there are less applications in your category your chances may even be higher. Good luck.

http://www.chittorgarh.com/ipo_basis_of_allotment/astron-paper-ipo/757/
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200.5. Arjun Reddy  Jan 20, 2018 9:29:51 AM IST I Like It. | Report Abuse
Excellent Analysis & reaearch RSK
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199. ninadc  Jan 20, 2018 9:49:48 AM IST I Like It. 1 | Report Abuse Reply
I applied at 6.00 evening from hdfcsec, still bid got submitted at bse. Don''t know how but I am happy...
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198. AMITL  Jan 20, 2018 7:42:58 AM IST I Like It. | Report Abuse Reply
What''s the latest gmp after such heavy subscription figures
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197. KING VINOD  Jan 19, 2018 8:13:19 PM IST I Like It. 8 | Report Abuse Reply
IPO Mentor IPO Mentor (500+ Posts, 900+ Likes)
Amber Enterprises India Limited IPO
Final Subscription Figures as on Last Day @ 08:00 PM
QIB (NSE+BSE) = 92.66X + 82.33X = 174.99X.
HNI (NSE+BSE) = 145.20X + 374.06X = 519.26X.
RII (NSE+BSE) = 2.85X + 8.71X = 11.56X.
Emp (NSE+BSE) = 0.59X + 1.67X = 2.26X.
Total (NSE+BSE) = 58.42X + 106.95X = 165.37X.

Very Very Better Changes of Allotment for Retail Investors compare with Astron Paper & Board Mill Ltd IPO and Apollo Micro Systems Limited IPO Because Most of the Retails Investors are unable to apply Amber IPO due to Amount not released from Banks who Applied for Apollo Micro Systems Ltd IPO.

All the Best for those who are applied this Amber IPO

Amber Enterprises India Ltd Good IPO. One Must Apply for Listing Gains & also for Short 2 Medium 2 Long Term Gains.
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