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.

Amber Enterprises IPO Details

IPO Opening DateJan 17, 2018
IPO Closing DateJan 19, 2018
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹855 to ₹859 per equity share
Market Lot17 Shares
Min Order Quantity17 Shares
Listing AtBSE, NSE
Issue Size6,984,866 Eq Shares of ₹10
(aggregating up to ₹600.00 Cr)
Fresh Issue[.] Eq Shares of ₹10
(aggregating up to ₹475.00 Cr)
Offer for Sale[.] Eq Shares of ₹10
(aggregating up to ₹125.00 Cr)

Amber Enterprises IPO Tentative Timetable

The Amber Enterprises IPO open date is Jan 17, 2018, and the close date is Jan 19, 2018. The issue may list on Jan 30, 2018.

IPO Open DateJan 17, 2018
IPO Close DateJan 19, 2018
Basis of Allotment DateJan 24, 2018
Initiation of RefundsJan 25, 2018
Credit of Shares to Demat AccountJan 29, 2018
IPO Listing DateJan 30, 2018

Amber Enterprises IPO Lot Size

The Amber Enterprises IPO market lot size is 17 shares. A retail-individual investor can apply for up to 13 lots (221 shares or ₹189,839).

ApplicationLotsSharesAmount (Cut-off)
Minimum117₹14,603
Maximum13221₹189,839

Amber Enterprises IPO Subscription Status (Bidding Detail)

The Amber Enterprises IPO is subscribed 165.38x times on Jan 19, 2018 20:00. The public issue subscribed 11.57x in the retail category, 174.99x in the QIB category, and 519.26x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
QIB

174.99x

NII

519.26x

RII

11.57x

Employee

2.26x

Total

165.38x

Amber Enterprises IPO Prospectus

Amber Enterprises IPO Rating

964
4.0
Rating:Rated 4.0 stars

Vote Here ...

Amber Enterprises IPO Listing Date

Listing DateTuesday, January 30, 2018
BSE Script Code540902
NSE SymbolAMBER
Listing In
ISININE371P01015
IPO Price₹859 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹859.00
₹1,180.00
₹1,114.10
₹1,263.00
₹1,237.25
1,800,863
NSE
₹859.00
₹1,175.00
₹1,115.00
₹1,269.00
₹1,245.25
10,960,671

Amber Enterprises IPO Reviews / Ratings

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Company Contact Information

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


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

Amber Enterprises IPO Registrar

KFintech Private Limited
   KFintech, Tower-B, Plot No 31 & 32,
   Financial District, Nanakramguda, Gachibowli,
   Hyderabad, Telangana India - 500 032.

Phone: 04067162222, 04079611000
Email: amber.ipo@karvy.com
Website: https://karisma.kfintech.com/

Amber Enterprises IPO FAQs

  1. What is Amber Enterprises IPO?

    Amber Enterprises IPO is a main-board IPO of 6,984,866 equity shares of the face value of ₹10 aggregating up to ₹600.00 Crores. The issue is priced at ₹855 to ₹859 per equity share. The minimum order quantity is 17 Shares.

    The IPO opens on Jan 17, 2018, and closes on Jan 19, 2018.

    KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

  2. When Amber Enterprises IPO will open?

    The Amber Enterprises IPO opens on Jan 17, 2018 and closes on Jan 19, 2018.

  3. What is the lot size of Amber Enterprises IPO?

    Amber Enterprises IPO lot size is 17 Shares and the minimum order quantity is 17 Shares.

  4. How to apply for Amber Enterprises IPO?

    You can apply in Amber Enterprises IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  5. When Amber Enterprises IPO allotment?

    The finalization of Basis of Allotment for Amber Enterprises IPO will be done on Jan 24, 2018, and the allotted shares will be credited to your demat account by Jan 29, 2018. Check the Amber Enterprises IPO allotment status.

  6. When is Amber Enterprises IPO listing date?

    The Amber Enterprises IPO listing date is on Tuesday, January 30, 2018.

Amber Enterprises IPO Message Board

Ranked Members  Ranked Members

Loading...
632. Dharmesh Vekariya |Mar 6, 2018 19:42
RAM:
RAM:
????????????????????????????????????????????????????????

​AMBER

???? RESULT COMING ON 9-3-2018 AND RESULTS COMING SUPERB ????✈️

???? A SUPERB COMPANY A.C. SPARE PARTS MANUFACTURER ????

???? AMBER IS LEADING MANUFACTURER OF A.C. SPARE PARTS IN INDIA ????

???? AMBER IS HOLDING 55 PERCENT MARKET CAPS OF ALL A.C. DEALERS IN INDIA ☄

???? AMBER''S CLIENTS LIST

????????????????????????????????????????
​VOLTAS​
​LG​
​HITACHI​
​VIDEOCON​
​LLOYD​
​SAMSUNG​

???? AMBER 3 OR 4 TIMES IN 1 YEAR ????✌

???? NOW SUMMER STARTING SO A.C. MANUFACTURERS COMPANY HOT ????

???? AMBER IS BEST BUY NOW ⭐️

????????????????????????????????????????????????????????
632.1. JAGAN MOHAN VUPPALA |Mar 21, 2018 14:47
When Amber results will come
631. Dharmesh Vekariya |Feb 21, 2018 18:44
Mere pas ipo ke time ke share hai hold kraba chahiye ki sale karana chahiye ? Please help me
630. Manofsteel |Feb 21, 2018 00:36
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Buying Opportunity For Non-Allottees.
Rsi at 20.
With Summers approaching, this is going to be in huge uptrend.
630.1. KIRANMS |Feb 21, 2018 12:41
what would be the short term target?
630.2. Manofsteel |Feb 21, 2018 12:53
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Can''t Give Any targets for short term as Overall Markets Seem very Volatile. But For Medium term I.e. 3 months to 6 months. Target can be 1300-1400.
As Summers are approaching and this company has a market share of 55% in the AC manufacturing industry.
629. Cool Sunshine |Feb 8, 2018 11:47
Today Dixon Technologies plunged by 7% (when the market had a good rise) after announcing below par results.

No stock is good or bad. One the initial IPO listing euphoria is over, it is all performance against expectation.

Despite being a decent stock, amber is no exception.

If you wish to re-enter or accumulate, IMO 1100-1150 is good range to re-enter.
628. Solution of Queries |Feb 7, 2018 09:56
IPO Guru IPO Guru (1100+ Posts, 1400+ Likes)
Good stock for long term , hopefully most people holding this stock
627. ANANDA PRAJAPATI |Feb 2, 2018 08:27
MITRO KAL RAT KO CHAND DEKHA THA NAA ….. AAJ DIN ME TARE DEKHNA
627.1. ???????????????? ROY ???????????????? |Feb 6, 2018 21:44
"Mitron!!! Mujhe fakr hai ki hamari maitrik budget ko dekhke aapko mutravisrjan ki avashyakta nahi hui..."
626. Manofsteel |Feb 5, 2018 23:07
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
This stock survived the tornado.
Surely it will survive a little wind now.
Positive views on Amber.
Hold and buy on Dips for an immediate target of 1300.
625. Cool Sunshine |Feb 1, 2018 09:35
If you wish to buy this stock for long term, suggest not to buy at current valuation.

Look to enter in the range 1100-1150.

For the IPO allotees, it depends on your investment horizon and risk profile.
625.1. Cool Sunshine |Feb 5, 2018 16:30
It gave the opportunity today to add between 1100-1150. Hope some of us were able to add.
624. DSR |Feb 5, 2018 08:34
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Hadd ho gayi ..itna panic..aisa bhi Kya ho Gaya ?
623. Manofsteel |Feb 5, 2018 00:57
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
I Also have 2 lots.
Sell call is only after summers as AC''s show huge demand. It''s a portfolio stock with 55% market share producing for companies having 75% share of the AC market.
Daikin, Hitachi, LG, Panasonic, Voltas, Whirlpool.etc
622. JAGAN MOHAN VUPPALA |Feb 2, 2018 21:29
Hi all,
I got Allotment of amber(1/1) and also holded still now, due to 2018-19 budget effect today market down to 800+(sense). In this market conditions shall I sell or hold amber shares for next 2-3 months. Kindly guide on this
622.1. Gavin |Feb 3, 2018 09:16
@ Jagan....you can easily get the range between 1450-1550 if you hold for 2-3 months imo.
even after 800+ sensex down fall Amber is not that drastically going down.

I got 2 lots of Amber out of 1 lot I have sold on listing day & hold another one for long term.
621. sonal patel |Jan 29, 2018 12:33
IPO Mentor IPO Mentor (900+ Posts, 3800+ Likes)
Amber Enterprise listing range 1320 to 1365..
hold for long term
621.3. chittorwale |Jan 29, 2018 21:17
Who did not get any allotment, what to do on listing
621.4. sonal patel |Feb 1, 2018 21:14
IPO Mentor IPO Mentor (900+ Posts, 3800+ Likes)
finally target achieve. ..ya 3 days late. .but thoda to wait karna pade na...
620. ipo share |Jan 31, 2018 11:30
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
As per today''s TOI, Govt may make abolish long term capital gain exemption.
Very greedy govt.
Want to take our money for free distribution in the form of bank loans and subsidy for election stunt.
620.1. Manofsteel |Jan 31, 2018 17:26
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Might Not.
As Their Divestment plans will get hampered if stock market is affected so badly.
619. ipo share |Jan 31, 2018 11:33
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Pl read - may abolish
618. ipo share |Jan 31, 2018 11:31
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
pl read - may abolish
617. Rajnik Patel |Jan 31, 2018 09:58
Hold... Hold.... Hold.....
don''t sell Amber Enterprises Share it will give more profit
616. Neelesh Chouhan |Jan 30, 2018 01:52
Listing range 1270 to 1284
616.1. Neelesh Chouhan |Jan 30, 2018 13:23
abhi 1270 tak jayega
616.2. Neelesh Chouhan |Jan 31, 2018 09:39
aa gaya
615. gamble |Jan 30, 2018 17:46
IPO Guru IPO Guru (1600+ Posts, 3900+ Likes)
@Amber and Newgen ... .
Listing as Expected (missed with 2-4% margin!!)......

But now both trading at above fair value(mine!) , just like any other secondary stock. so fresh buying is not advisable, yes can enter amber for longer term but M expecting buying may possible at lower level in upcoming days.

Imo Better idea is here to keep fund for strong fundamental small-mid caps in corrections than invest fresh in above ipo at these levels.

( here discussion is going on whom to follow,
Follow urself only, because either loss or profits, money is yours so decisions b also urs)
615.1. Huzefa |Jan 31, 2018 07:21
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
@Gamble, I want to make stock market investment as my full time profession, rather than work for someone else and make them rich, i would rather work for myself and make myself rich. Can you suggest me good books to read so that I can analyse and research stocks my self instead of blindly reading someone else''s analysis!!!
615.2. DSR |Jan 31, 2018 08:40
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Sir side query... FSC going down below IPO price. Can this be considered for further accumulation
614. amit K singh |Jan 30, 2018 20:42
IPO Mentor IPO Mentor (700+ Posts, 1200+ Likes)
Heard group of CA have suggested for zero income tax. Only very small 0.025% tax on all transactions applicable.
614.1. rsk |Jan 31, 2018 07:45
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
how many ppl pay tax?
This govt is too greedy to reduce IT. Look at price of petrol, International prices are half of the peak, Re is 15% stonger and price of petrol is highest. Govt is eating money in excise. Going where? ppl may have stopped shitting in open but what abt stray/pet dog, cattle etc.
Oil price hurts all, tax cut will only help rich which is not going to come any way
613. puri |Jan 30, 2018 22:28
Target 1700-1800 hold Amber for few session.







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