Amber enterprises ipo details,allotment,wiki,

Amber enterprises ipo details,allotment,wiki,

AMBER ENTERPRISES IPO

Amber Enterprises India Ltd is a prominent solution provider for Air conditioner OEM/ODM Industry in India. It has a dominant presence in RACs complete unit and deals in major RAC components with 10 manufacturing facilities across India focusing in on different product segments.

With expertise in components like heat exchangers, sheet metal components, injection molding components, and system tubing and motors, Amber is strongly positioned with its backward integration to derive the core deliverable’s in terms of quality, cost & delivery.

Amber enterprises offer higher energy efficiency and expertise in indoor, outdoor, split and window AC units. We deal in AC components as well as non-AC components.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 have a Diversified Product portfolio which includes:

  • 1
    RACs

    Amber enterprises design and manufacture complete RACs including window air conditioners(“WACs”) and indoor units (“IDUs”) and outdoor units (“ODUs”) of split air conditioners (“SAC”s) with specifications ranging from 0.75 ton to 2 tons, across energy ratings and types of refrigerant.We design and manufacture Inverter RACs too.

  • 2
    RAC Components:

    Amber enterprises manufacture reliable functional components of RACs that includes heat exchangers, motors and multi-flow condensers with other Components such as sheet metal components, copper tubing and including plastic extrusion, vacuum forming and injection molding processes too.

  • 3
    Non AC Components:

    Amber enterprises manufacture components other durables and automobiles such as case liners for refrigerator, plastic extrusion sheets, sheet metal components for microwave, washing machine tub assemblies with other sheet metal and plastic injection molding and extrusion components for automobiles and metal ceiling industries.

    Amber Enterprises Financial:
    Amber Enterprises looking good with the results and growing superbly in the last 5 years. In 2017 PAT is 27.9 crore rupees which increased 16% up compared to 2016 while Revenues increased 51%. The growth looks fine and the company looks strong as well.
    Rs. in Crore
    2013 2014 2015 2016 2017
    Revenues 882 980 1237 1092 1652
    Expenses 853 949 1196 1059 1614
    PAT 19.5 21.6 28.8 24.1 27.9

    Amber enterprises  plans to raise Rs 475 crore via fresh issue of shares and Rs 125 crore through offer for sale by promoters Jasbir Singh and Daljit Singh. The shares are available in a price band of Rs 855 to Rs 859 per share.  Retail investors will be allocated 35% of the issue.

    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:

    Issue Size: Initial Public offer of [.] Equity Shares of Up to Rs 6000 Million aggregating a Fresh issue of Rs 4,750 million and Offer for Sale of Up to Rs 1,250 million

    Face Value:  Rs 10

    Price Range: Rs 855 to Rs 859

    Issue Type: 100% Book Building

    Bid Lot: 17 Equity Shares and in multiples thereof

    Minimum Order Quantity: 17 Equity Shares

    Issue Period: 17-Jan-2018 to 19-Jan-2018

    Maximum Subscription Amount for Retail Investor: Rs. 2,00,000

    Registrar: Karvy Computershare Private Limited    

    Listing At: NSE, BSE       

    Amber Enterprises IPO Registrar

    Karvy Computershare Private Limited   »
    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 MANAGERS –

    1) Edelweiss Financial Services Limited

    14th Floor,Edelweiss House Off. C.S.T Road, Kalina

    Mumbai 400 098

    Tel: +91 22 4009 4400

    Fax: +91 22 4086 3610

    E-mail: amber.ipo@edelweissfin.com

    Investor grievance e-mail: customerservice.mb@ edelweissfin.com

    Website: www.edelweissfin.com

    Contact Person: KunalMalkan/Gyayak Jain

    SEBI Registration No.INM0000010650

     

    2) IDFC Bank Limited Naman Chambers,

    C – 32, G Block BandraKurla Complex Bandra (East) Mumbai 400 051

    Tel: +91 22 6622 2600

    Fax: +91 22 6622 2501

    E-mail: amber.ipo@idfcbank.com

    Investor grievance e-mail: mb.ig@idfcbank.com

    Website: www.idfcbank.com

    Contact Person: GauravGoyal

    SEBI Registration No.: MB/INM000012250

     

    3) IDFC Bank Limited Naman Chambers, 202,

    Maker Tower ‘E’ Cuff Parade Mumbai – 400 005

    Tel: +91 22 2217 8300

    Fax: +91 22 2218 8332

    E-mail: amber.ipo@sbicaps.com

    Investor grievance e-mail: investor.relations@sbicaps.com

    Website: www.sbicaps.com

    Contact Person: AdityaDeshpande

    SEBI Registration No.: INM000003531

     

    4) BNP Paribas BNP Paribas

    House 1 North Avenue,

    Maker MaxityBandra-Kurla Complex Bandra (East) Mumbai 400 051

    Tel: 91 22 3370 4000

    Fax: 91 22 6196 5194

    E-mail: dl.ipo.amber@asia.bnpparibas.com

    Investor grievance e-mail: indiainvestors.care@asia.bnpparibas.com

    Website: www.bnpparibas.co.in

    Contact Person: BhumikaChauhan

    SEBI Registration No.: INM000011534

    Company Contact Information

    Amber Enterprises India Limited
    C-1, Phase – II, Focal Point,
    Rajpura Town 140 401Phone: +91 1762 232126
    Fax: +91 1762 232127
    Email: info@ambergroupindia.com
    Website: http://www.ambergroupindia.com

     
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