Amber Enterprises India Limited Profile

Under the companies Act, 1956 The enterprise became incorporated as Amber enterprises India private limited enterprise. The Company was converted to a public limited company on September 22, 2017. In 1994 they commenced operations from a single factory in Rajpura, Punjab. They have today grown to 10 manufacturing facilities across 7 locations in India. Its production centers have an excessive high degree of backward integration and are strategically placed in proximity to their client’s necessities.

Design capability is one of the core strengths of the Group. The design is the pillar of the company shaping the way customers experience our products & services. The Group focuses on quality of every product, service, and process. By virtue of its association with international Brands with the global presence the Group has experienced the working with a wide range of international quality systems.

Leveraging on the experience and knowledge derived from manufacturing, they have set-up a dedicated R&D center located in Rajpura, which is approved by the Department of Scientific and Industrial Research, Ministry of Science and Technology, GoI (“DSIR”). This center is equipped with a 3D modeling and product lifecycle management software and has access to equipment such as 3-D CAD, 3-D printers, psychometric labs which are accredited to ISO/IEC 17025:2005 by NABL, anechoic sound proof room, reliability test lab, rain test chamber, humidity chamber, TIR tester and PCB on-off test Infra. Design capabilities of the Group include all the verticals of RAC – Finished goods in window air conditioners, split fixed speed & split inverter, Sheet metal components, Copper tubings, Heat exchangers, molded plastic components.

Amber Enterprises India Limited Key Strengths

• Designing and developing an economical design that fully conforms to customer needs and expectations.
• Continually improving their systems and their effectiveness.
• Interacting with suppliers regularly to provide better support.
• Educating, training, motivating and involving all employees to improve quality and lower costs.

Amber Enterprises India Limited Promoters:

The Promoters of the Company are: Jasbir Singh And Daljit Singh

Amber Enterprises India Limited 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                                 

IPO Market Timings: 10.00 a.m. to 5.00 p.m.

Amber Enterprises India Limited Financials:

Amber Enterprises India Limited IPO Subscription Details:

Amber Enterprises India Limited Allotment Status:

Amber Enterprises India Limited IPO Allotment Date:  24 January 2018

Amber Enterprises India Limited IPO Listing Date: 30 January 2018

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