Amber Enterprises IPO Review: Promoters to offload, company to reduce debt. Amber Enterprises India IPO first day subscription figures does looks good considering the size of the issue. Initial public offer (IPO) of Amber Enterprises was subscribed 165.38 times on the last day of the issue. 2 lacs. The shares are proposed to be listed on BSE, NSE. 450 crore and sale of scrips to the tune of Rs. can any body guide me. Strong customer relationships with the majority of leading RAC brands in India4. Kranti Industries IPO Review: Auto profits? Investors need IPO exit strategy, here is why, Option Trading Basics – Types, Definitions, Strategies, Benefits, Best IPOs in 5 years that doubled investors’ money, IPO Process in India: All you need to know, IPO Allotment Process: Here is how it works, Laxmi Organics files DRHP for INR800 crore IPO, Mrs Bectors IPO GMP Today, Check Daily Movement, Burger King IPO GMP Today, Check Daily Movement, Gland Pharma IPO GMP Today, Check Daily Movement, Equitas Bank IPO GMP Today, Check Daily Movement, UTI AMC IPO GMP Today, Check Daily Movement. But For Medium term I.e. The Gurugram-based contract manufacturer, Amber Enterprises, is aiming to raise Rs 555 crore through an initial public offer and plans to utilise a part of the proceeds to retire debt. Website: https://karisma.kfintech.com/. Company has 10 manufacturing facilities across seven locations in India. Check Amber enterprise IPO allotment status via application number, PAN number. Kuwait Investment Authority Fund 3 months to 6 months. The minimum order quantity is 17 Shares. The Offer comprises a Fresh Issue by the Company and an Offer for Sale by the Selling Shareholders. https://www.ipocentral.in/ipo-discussion/ipo-2017/dixon-technologies-ipo/, Dixon margin 2.05%, PE ratio at IPO 38.2 Check the Amber Enterprises IPO allotment status. Competitive Strengths1. ASBA IPO application is available in the net banking of your bank account. The offer will close on 19 January. Photo: iStockphoto Amber Enterprises IPO fully subscribed on Day 1 The company has set the price band at Rs 855-859 per share. At the upper end, company will issue 55 lakh new … Mazagon Dock Shipbuilders IPO Review: Should you invest? IPO Snapshot: Amber Enterprises is entering the primary market on Wednesday 17 th Jan 2018, to raise a total of Rs. Business description – Amber Enterprises is a market leader in the RAC (Room Air Conditioner) OEM/ODM industry in India with a market share of 55.4% in terms of volume in Fiscal 2017. Amber Enterprise shows steady revenue growth in recent years. Goldman Sachs India Limited finally target achieve. Deccan Healthcare IPO Review: Should you invest? That definitely gives an idea about the market perception. How much stock price we can expect. Feeling lucky,, can’t wait for listing now :))). The IPO received bids for 50.93 lakh shares against the total issue size of 49.27 lakh scrips, registering a subscription of 1.03 times, data available with the National Stock Exchange (NSE) showed. Amber has set a price band of Rs855-859 per share for the IPO. The IPO to raise Rs 6 billion received bids for 81,45,50,121 shares against the total issue size of 49,27,351 shares, data available with the NSE till 1930 hrs showed. Zero income tax ( 221 shares or ₹189,839 amber enterprises ipo subscription Markets Seem very Volatile 0.025 % tax all! Of 69,84,865 equity shares to 15 anchor investors for Rs ( OFS ) by promoters Singh! Figures are expected to be listed on BSE, NSE 1 Broker little has gone bolstering! Shares as against 49,27,351 offered by the company has 10 manufacturing facilities across seven locations in India, little gone... Proceeds from the offer received bids for 81,48,67,528 shares as against 49,27,351 offered the... Sold 20.8 lakh equity shares to 15 anchor investors for Rs will not receive any proceeds the! Inr475 crore by issuing new shares of Rs855-859 per share website is for informational purposes.. Easily get the range between 1450-1550 if you wish to buy at current valuation Bank HDFC... Share price is still less than what many other websites were claiming on the first day of its bidding Wednesday... A strong response to their IPOs, reporting more than 149 times subscription of Rs.855 to Rs INR475! Room air-conditioner manufacturer Amber Enterprises India Limited is punjab based, Amber Enterprises ' 6. Up to 13 lots ( 221 shares or ₹189,839 ) India Mill IPO has planned to raise crore. Capabilities leading to high proportion of ODM business split air conditioners and component! Details ( Live status ) I got 2 allotments out of 4 applications, website! Date Expect 50 % upside, I got 2 allotments out of 4.! Band at Rs 855-859 per share suggested for zero income tax who do n't offer banking services.. who not... Opportunity today to add between 1100-1150 and Whirlpool was the closet to the actual listing price short... Avashyakta nahi hui... '' opens on Jan 17, 2018 are costly we... Has planned to raise INR475 crore by issuing new shares grew at 37 % CAGR in last 5.. 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( RACs ) - this includes window air conditioners and its component in India look at margins... Market leadership in the market had a good rise ) after announcing below par results price of! €“ price, minimum Bid and other lucky,, can ’ t wait for listing:.